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FRONT PAGE  |  10/20/2019
SATURDAY, SEP 21, 2019  |  7 comments
Corporate America Has Found a Way to Turn a Profit Off Being Green
It’s time to stop crediting corporate sustainability efforts as acts of altruism. For big business, protecting the environment often means padding the bottom line.

Nike Inc. has come up with a way to weave more efficiently, reducing the raw material and labor time needed to make each shoe. That has kept more than 3.5 million pounds of waste from reaching landfills since 2012. But the good news doesn’t stop with the environmental impact. The company is spending less on transportation, materials and waste disposal.

The shoemaker’s “more environmentally conscious product has been a source of cost savings,” said James Duffy, an analyst at Stifel. ...


CLICK HERE to Read Entire Article
finance.yahoo.com

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· Page 1 ·  Found: 7 user comment(s)
News Item9/22/19 8:38 PM
Neil | Tucson  Find all comments by Neil
Jim Lincoln wrote:
Neil, of course BP can predict it, because strangely then other oil companies are doing the funding for some of it.
That's not proof but merely wishful thinking. Besides, "renewable" sources have trade-offs; for example, wind is reliable in only a few places and solar is useless at night and overcast unless augmented with an array of costly and metal-intensive storage batteries, which have logistical problems if widely used.
7

News Item9/22/19 7:33 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Mike, there is already in green energy. you don't have to go very far outside of Lincoln to see our little wind turbine farm for the city, for example. I do believe they are planning a solar farm not too far down the road either, timewise speaking.

Neil, of course BP can predict it, because strangely then other oil companies are doing the funding for some of it.

Coal is really dying out, because of the abundance of natural gas.

The segment on Friday PBS NewsHour was speculative on nuclear energy especially, which at least Obama did something about, because of the unqualified nervousness of the public. It should have the video and transcript for it at:

https://tinyurl.com/y6e6w58u (Why transitioning to only renewable energy will be difficult for the U.S.) It really had quite a bit on nuclear energy.⚛️👍

6

News Item9/22/19 11:24 AM
Neil | Tucson  Find all comments by Neil
Jim Lincoln wrote:
Neil, where did you [get the?] URL for the the first article?
Internet search engine. A name like that isn't hard to find.

Unless BP has the gift of prophecy, how could they know what happens two decades hence? Extrapolating a graph beyond the current year is Induction, a formal fallacy. And is it prudent to believe everything self-interested corporations claim? They could be publishing cynical feel-good propaganda to head off political persecution. Or else they are as self-deluded as the Earth worshipers.

5

News Item9/22/19 9:57 AM
Mike | New York  Find all comments by Mike
There will be no transition to renewable energy for the foreseeable future. As long as fossil fuels are plentiful, and global warming remains in the sci-fi realm, there will be no motivation.

btw, there are a number of reasonable arguments that the overall climate is beginning to cool, not warm. What will the sci-fi crowd say if that comes about?

4

News Item9/22/19 3:20 AM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Neil, where did you URL for the the first article?

Anyway, this article stated that British Petroleum said that,

Huileng Tan wrote:
....
Earlier this year, energy giant BP forecast that the world’s energy demand will grow by a third through 2040, driven by rising consumption in China, India and other parts of Asia.

About 75% of that increase will come from the need to power industry and buildings, it said. At the same time, energy demand will continue to grow in the transportation sector, but that growth will slow sharply as vehicles become more efficient and more consumers opt for electric cars.

By the end of the next two decades, BP[!] says that renewables will provide most of the world’s electric power, with wind, solar and other renewable energy sources gaining ground at a faster pace than any fuel through human history.

excerpt from, "Renewable energy is now a compelling alternative as it costs less than fossil fuels, says Michael Milken"

https://tinyurl.com/yyohzgcd

Notice that last paragraph

And the article from the Friday NewsHour,
https://tinyurl.com/y6e6w58u (Why transitioning to only renewable energy will be difficult for the U.S.) that atomic energy will have to play a much more prominent role than it

3

News Item9/21/19 10:34 PM
Neil | Tucson  Find all comments by Neil
Jim Lincoln wrote:
excerpt from, "Renewable energy is now a compelling alternative as it costs less than fossil fuels, says Michael Milken"
None of those points on the face of it make sense:
1. The claim naively assumes investments always result in efficiency improvements;
2. It is not shown how increased wind power usage necessarily reduced energy costs overall. It could just be a coincidence;
3. What's a "big way?" And which critics? No specifics given.

If renewable energy really costs less than fossil fuels now, then show the figures. And there would be no need for punitive EPA rules, IRS rebates, etc., if this were the case. Otherwise it's just superstitious, magical thinking, which comes easily in a culture increasingly receptive to the occult and witchcraft.

2

News Item9/21/19 12:15 PM
Jim Lincoln | Nebraska  Find all comments by Jim Lincoln
Huileng Tan wrote:
Key Points

• Investments in clean energy technology are increasing, which means that such new sources of fuel are becoming more cost efficient, said Michael Milken, chairman of think tank Milken Institute.
• “The state that has the lowest cost energy, Texas, is the state in the United States that has the largest amount of wind power,” said Milken.
• Renewable energy sources from hydropower and solar energy to wind are now taking off in a big way, defying critics in the U.S. who just a decade ago were skeptical about those new energy sources, he pointed out.

excerpt from, "Renewable energy is now a compelling alternative as it costs less than fossil fuels, says Michael Milken"

But

https://tinyurl.com/y6e6w58u (Why transitioning to only renewable energy will be difficult for the U.S.) from which a summary,

"After millions of protesters marched around the globe to demand action on climate change, we more closely examine what policies they are proposing. Miles O’Brien joins William Brangham to discuss current sources of U.S. energy and what it would take to transition to all renewables, plus the outlook for nuclear power as the infamous Three Mile Island plant closes." ⚛️

1
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