Bullfrog Power

Bullfrog Power

June 26, 2015 08:00 ET

Bullfrog Power Opens the Door to Cleaner Transportation With the Launch of Green Fuel

TD Bank Group and Beck Taxi lead the way as early adopters of Bullfrog Power's green fuel

TORONTO, ONTARIO--(Marketwired - June 26, 2015) - Today, Bullfrog Power®, Canada's leading green energy provider, is launching green fuel, a new solution to help advance the shift to a more renewably powered transportation system. Bullfrog Power's green fuel is an earth-friendly, renewable alternative to liquid fossil fuel, allowing climate-conscious businesses in Canada to reduce the environmental impact of their transportation.

"Now in our tenth year, Bullfrog continues to innovate in the energy landscape, finding new ways to give Canadians access to smarter, greener energy solutions," said Ron Seftel, Chief Executive Officer, Bullfrog Power. "With Bullfrog Power's green fuel, businesses now have an easy way to address their transportation-related emissions."

With the introduction of Bullfrog Power's green electricity (2005) and green natural gas (2011), and now green fuel, Bullfrog continues to harness and build the demand of the voluntary market for cleaner energy products. With the introduction of green fuel to the market, Bullfrog Power is providing much needed funding that can help biofuel producers grow their business at a critical stage for their industry. For the launch of green fuel, Bullfrog Power is sourcing biodiesel from producers that repurpose waste streams such as cooking oils from restaurants and kitchen facilities.

Conventional transportation fuel-gasoline, diesel or jet fuel-is made from petroleum. Businesses that choose to bullfrogpower their transportation are helping to green the Canadian fuel system, litre-by-litre, by introducing more renewable fuel into the system and thereby reducing the amount of petroleum needed to create transportation fuel in Canada.

"TD was the first North American-based carbon neutral bank and we have been reducing our travel-related carbon emissions by supporting the use of public transit and by investing in video-conferencing-but we recognize that real change requires a shift in fuel supply," said Karen Clarke-Whistler, Chief Environment Officer, TD Bank Group. "By investing in Bullfrog Power's green fuel, TD is investing in a new, cleaner energy source and helping to raise awareness of biofuel as a sound, low-carbon alternative to traditional, fossil fuel-based transportation fuel."

Joining TD as one of the first customers of Bullfrog Power's green fuel is Toronto's Beck Taxi. In addition, major environmental NGOs (ENGOs), including WWF Canada, endorse Bullfrog Power's green fuel as a way to green transportation fuels while avoiding food-versus-fuel conflicts.

"To reduce the threat of climate change to people and species, the world needs to move to 100 per cent renewable energy by 2050. Renewable transportation fuels can be a critical part of the solution-and Bullfrog is helping to accelerate their development," said David Miller, President and CEO, WWF-Canada. "Practical green energy choices are becoming increasingly available to Canadians, making it easier for all of us to get involved in transitioning Canada to a clean energy future."

About Bullfrog Power

Bullfrog Power, Canada's leading green energy provider, offers renewable energy solutions that enable individuals and businesses to reduce their environmental impact, support the development of green energy projects in Canada and help create a cleaner, healthier world. As a Certified B Corporation, Bullfrog Power meets higher standards of social and environmental performance, transparency, and accountability. Thousands of individuals and businesses in Canada are doing their part to address climate change and air pollution by choosing green energy with Bullfrog Power. Sign up easily, quickly and affordably at bullfrogpower.com.

Join the bullfrogpowered community online on Facebook (facebook.com/BullfrogPower), Instagram (@bullfrogpower) and Twitter (@bullfrogpower).

About TD Bank Group

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the sixth largest bank in North America by branches and serves more than 24 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with approximately 10 million active online and mobile customers. TD had CDN$1 trillion in assets on April 30, 2015. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.

Contact Information