The upcoming presidential election could make a big difference in the US' renewable energy future, say observers. "[Hillary] Clinton has clearly spelled out an affinity for alternative energy in her campaign materials," said S&P Global Market Intelligence Director of Equity Research Stewart Glickman, adding that Republican nominee Donald Trump would lean toward a fossil-fuel-powered economy.
Research firm Make projects that about 60 gigawatts of installed wind capacity will likely be added globally from 2016-18, up 600 megawatts from its last projection. "Growth prospects in India continue to be a focal point for the industry, with the latest policy announcements triggering a 6% upgrade to the second-quarter analysis," the firm said in the report.
A new GMA report entitled "Environmental Success Stories in the Consumer Packaged Goods Industry" indicates that CPG companies are making tremendous progress toward their sustainability goals. "The examples in this report can be a model for others on how companies can deliver on their commitment to sustainability by innovating to reduce their environmental footprint and preserve national resources, changing operations to reduce food waste, save energy or cut water usage," said Pamela G. Bailey, GMA's president and CEO.
A series of recent surveys and polls suggest that consumers are making sustainability and ethical production a priority when making food-buying decisions. "Consumers expect businesses and government to take action to ensure the fairness and long-term sustainability of food production," says Globescan's Abbie Curtis.
The California Assembly has passed a bill that would require the state to curb its greenhouse gas emissions 40% below 1990 levels by 2030. "With S.B. 32 we continue California's leadership on climate change," Assembly Speaker Anthony Rendon said.
Berkeley, Calif.-based Perfect Day has developed an animal-free dairy milk by using genetically engineered yeasts to produce proteins found in milk, such as casein, lactoglobulin and lactoalbumin. The milk is expected to be launched commercially in late 2017.
Sustainability is a top-five priority for CEOs of major corporations, according to the Conference Board's annual survey. "Sustainability is largely good for business, which is why executives are integrating it into their corporate strategy," writes Jessica Lyons Hardcastle.
Japanese IT service and products provider NEC, together with the Kyoto Institute of Technology and lacquerware artist Yutaro Shimode, has developed a bioplastic from cellulose resin derived from nonedible plants such as trees and grasses. NEC says the bioplastic, which mimics Japanese lacquerware, could be used in luxury car interiors.
The US is poised for a rapid period of offshore wind development following the launch of Deepwater Wind's Block Island offshore wind farm off the coast of Rhode Island, according to this analysis. Chairman Bryan Martin said it was logical for Deepwater to choose a relatively small project for its first given the challenges faced by the 130-turbine Cape Wind project, adding that the firm's next offshore wind farm will be significantly larger.
To rein in climate change Libertarian presidential candidate Gary Johnson is calling for a carbon "fee" to be implemented, along with a repeal of current carbon-emission regulations. Johnson called his plan a "free-market approach to climate change."
- Page 1