The future of transport is shaping up electric — by 2040, more than half of all new car sales and a third of global fleet will be electrified, according to research from Bloomberg New Energy Finance. Its latest forecast shows sales of electric vehicles (EVs) increasing from 1.1 million worldwide in 2017 to 11 million in 2025, then surging to 30 million in 2030 as they become cheaper to produce than internal combustion engine cars.
As we get ready to judge our semi-finalists in the 2018 Sustainable Brands Innovation Open, we wanted to check in with last year’s semi-finalists to learn about the impacts they continue to have on the business world. Here, we catch up with Bluon Energy.
As we get ready to select our semi-finalists for the 2018 Sustainable Brands Innovation Open, we wanted to check in with last year’s semi-finalists to learn about the impacts they continue to have on the business world. Here, we catch up with Immotor.
These days, there is more pressure than ever on businesses to be environmentally conscious, reduce their impact and do their part to keep the planet healthy. Logistics is a major area of focus for many, with a lot of potential for impact due to traditional transport’s huge fuel and energy requirements.
Technology has been quickly evolving into many markets such as clothing, food, health and home, and hotels are certainly no exception. As the industry is disrupted by more privatized options such as AirBnb and VRBO, Bloomberg reports that technology has become “top of mind for hotels,” as they seek to compete by providing amenities and new services for luxury vacationers and business travelers.
Many people assume that tech companies are always competing. But as we celebrate Earth Day this year, we’re feeling grateful for our tech peers. When it comes to the environment, working together allows us to make bigger strides toward our shared sustainability goals — and collaboration is the only way forward.
The United States generates millions of tons of food scraps; inedible fats, oils and greases; sewage and manure. Some of this organic waste is used for energy or fertilizer, but most of it — around 50 million tons a year — is sent to landfills, incinerated or otherwise left to decompose.
In season 4 of the U.S. Department of Energy (DOE)’s Better Buildings Challenge SWAP web series, energy management teams from General Motors (GM) and L’Oréal USA visit each other’s facilities in search of opportunities to reduce their energy use and save money.
Many corporate leaders committed to supply chain sustainability are waiting for a full range of electric vehicles to hit the market to achieve zero emissions from their heavy-duty truck fleets. But there’s no need to wait: With a new model natural gas engine now in commercial production, fleets can meet their heaviest-duty needs using carbon-negative renewable natural gas (RNG) in near-zero-emission natural gas trucks.
In Henry Ford’s day, there was no term for environmentalist. But he had a goal of zero waste to landfill, just as we do today, based on his belief that nothing should be wasted.
Those values still hold true at Ford.
Currently, conversation is underway on setting the near-term standards for fuel economy. It is a critical one for all of us who care about the environment and our customers, and we all need to work together to ensure there is a win on both fronts.
UN Environment has awarded seed funding to twelve young people with business ideas on how to foster energy-efficient, low-waste and low-carbon lifestyles. Each of the winners of the Asia Pacific Low Carbon Lifestyles Challenge will receive US$10,000 and mentorship to help bring their ideas to fruition.
Hundreds of students from Los Angeles STEM programs will participate in one of the largest student-driven programs ever launched to protect the world’s rainforests. Rainforest Connection’s “Planet Guardians” program will guide middle schoolers in building solar-powered listening devices using old smartphones. These “Guardian” devices will be installed high in the trees of fragile rainforests to capture sounds of illegal logging and alerting forest rangers in real time.
Cross-Posted from Finance & Investment.
Bloomberg New Energy Finance has released a new report that reveals that signatories of the RE100 initiative have a long way to go to achieve their 100 percent renewable energy targets by 2030.
For the initiative’s 128 members to meet their goal, they will need to spend an estimated $94 billion. According to Bloomberg, this is enough to procure 172 TWh of renewable power and add 87 gigawatts of new wind and solar power capacity.
Renewables are on the rise — according to new data published today by CDP, over 100 cities around the world are now getting at least 70 percent of their electricity from renewable sources such as hydro, geothermal, solar and wind.
The list includes large cities such as Auckland, New Zealand; Nairobi, Kenya; Oslo, Norway; Seattle, USA; and Vancouver, Canada; and is more than double the 40 cities who reported that they were powered by at least 70 percent clean energy in 2015.
Clean, efficient electricity is essential for constructing a low-carbon future, but more advanced technologies are needed to accelerate the transition away from fossil fuels. Scientists around the world are rising to the challenge, delivering new energy solutions that could finally tip the scales in favor of sustainability.
power through two agreements with subsidiaries of NextEra Energy Resources, the world’s largest operator of renewable energy projects. Together, these deals constitute one of the largest corporate renewable energy purchases in the US.
The agreement will see 220 MW of power sourced from the Minco V Wind Farm in Caddo County, Oklahoma, with the remaining 300 MW coming from a wind farm in Webb and Duval Counties in Texas. The projects are expected to generate savings equivalent to taking 350,595 passenger vehicles off the road or providing electricity for a quarter million homes in a year.
Nissan is driving the future of mobility forward with a vehicle-to-grid (VG2) demonstrator project that could prove instrumental in helping the UK transition to low-carbon transportation and a smart energy system. The £9.8 million e4Futures project will allow drivers to feed energy back into the electricity grid during peak times.
As global business leaders gather at the World Economic Forum Annual Meeting in Davos this week to discuss energy and environmental challenges, Schneider Electric has released a new study revealing that while most organizations feel prepared for a decentralized, decarbonized and digitized future, gaps remain between intention and action.