Big companies are taking climate change very seriously. Before the December 2015 climate talks in Paris, 154 companies signed the pledge to demonstrate their support for action on climate change. The 154 companies have operations in all 50 states, employ almost 11 million people, represent over $4.2 trillion in annual revenue and have a combined market capitalization of over $7 trillion.
(3BL Media/Justmeans) – Earlier this year, the Indian government approved a $1.3bn insurance scheme for its farmers, protecting them against crop failures as a way to help put a stop to a spate of suicides. Two hard and devastating successive years of drought have battered the country’s already struggling rural heartland, with farmer suicides in rural areas regularly making news. Since 1995, more than 300,000 farmers have killed themselves.
(3BL Media/Justmeans) – In 2016, as all the UN member countries begin implementing strategies to meet the 17 UN Sustainable Development Goals (SDGs), the world recognizes the pivotal role that corporations can play in the achievement of these global milestones. Several companies are already taking important steps to align their corporate giving and societal engagement around the SDGs.
(3BL Media/Justmeans) - Teva Pharmaceuticals, the world's largest generic drugmaker, is now accepting applications for its Community Partnership Program for the 2017-18 edition of the initiative, now in its third year.
(3BL Media/Justmeans) - The sun rises earlier in Abu Dhabi than in Europe or North America, a fact that is becoming true in more ways than one.
A bidding war for a new, large-scale Sweihan solar project in Abu Dhabi has led to what Renew Economy analyst Giles Parkinson calls “jaw-dropping” prices. Smashing through what had been the $30 per MWh barrier, Chinese PV manufacturer JinkoSolar, in collaboration with the Japanese industrial giant Marubeni, set a new record low solar price with a bid of $US24.20/MWh. Three other bids of the six tendered also came in below $30 on a weighted LEC basis.
What’s more, the low-bidding team claims that for a larger scale project, greater than 1.1GW, they could go as low as $23, and still achieve a rate of return of 7%. The Sweihan bid request was for a 350MW project, though bidders were invited to suggest larger projects. The Abu Dhabi Electricity and Water Authority (ADWEA) will need to decide if they are willing to expand the project.
Guest blog by Jason Howell
(3BL Media/Justmeans) – The world’s current rate of action may not be enough to achieve the UN Sustainable Development Goals (SDGs) by 2030. To reach the goals, the private sector, representing 60 percent of the world’s GDP, has a key role to play. Business can be the swing factor: the actions companies choose to take have the power to amplify change – for good and for bad.
(3BL Media/Justmeans) - Change takes time, but sometimes not as much time as one would have thought. A few short years ago, the idea of electric vehicles seemed like a tiny speck on a distant horizon—a toy for technophiles and early adapters. But even the Wall Street Journal says the EV’s will be here sooner than you think. And by here, they don’t mean on the fringes.
The numbers seem to bear this out. Worldwide, some 312,000 plug-in vehicles were sold in the first half of this year. That’s a 49% increase compared to last year. That growth rate, says Clean Technica, is roughly ten times that of the overall vehicle market. The biggest action was in China, where they grew 128% with home grown BYD vehicles providing the lion’s share. Japan came in second, and Europe, taken as a whole comes in third, with 21% growth before we get to the 18% growth seen here in the US.
Here at home, some 64,296 were sold through June. That is about one for every 150 cars sold. The top five models were Tesla Model S, Chevy Volt, Ford Fusion Energi PHEV, Tesla Model X, and Nissan Leaf with Tesla Model S sales roughly double that of the Leaf. Leaf sales have dropped recently in anticipation of a new model with significantly improved range, a phenomenon that has become common in the rapidly-changing EV world.
The tipping point, says WSJ, is the 200 mile range mark, which Tesla has already hit, and others, including the soon to be released Chevy Bolt, will meet and improve on.