Enterprise Founder Pledges $25 Million Toward Renewable Fuels

Jack Taylor, who founded Enterprise Rent-A-Car in 1957, and his wife have donated $25 million to the Donald Danforth Plant Science Center to create the Enterprise Rent-A-Car Institute for Renewable Fuels. The institute will seek to speed up the development of plant-based renewable bio fuels, which decrease the level of greenhouse gases in the atmosphere and reduce dependency on finite fossil fuels. "Today, more than ever, it is essential that we pursue new energy sources that will sustain not only our business, but also the environment around us for future generations," said Andrew Taylor, chairman and CEO of Enterprise Rent-A-Car.

Read more on: