Editorial: The Myth of Corporate Resistance to Renewables

first_img FacebookTwitterLinkedInEmailPrint分享From the Dallas Morning News:There is a persistent myth that U.S. corporations oppose green initiatives. To the contrary, many are embracing a green future and reduced carbon footprints as profitable strategic investments.According to the Rocky Mountain Institute, a clean-energy think tank, U.S. companies bought nearly three times as much solar and wind power under long-term contracts in 2015 as they did in 2014. How significant is that? Imagine 1.4 million fewer carbon-spewing cars on the road, or taking every home in Arlington off the grid.It doesn’t take a math genius to determine that this is an important dynamic in the push to increase the use of renewable energy. As energy consumers, corporations wield tremendous power to vote with their dollars. As more companies voluntarily reduce reliance on fossil fuels, the economics of affordable renewable energy options are likely to improve for residential consumers, too.That’s why we applaud companies like Toyota, which announced last week that its new corporate headquarters in Plano will include a network of solar arrays designed to reduce carbon dioxide emissions. The solar panels will provide about 25 percent of the power needed to run the headquarters complex — about several hundred homes’ worth of power consumption. And Toyota is not alone in this new business model. Facebook, for example, has cited accessibility to renewable energy as one of the reasons the company picked Fort Worth for a new data center.Without a doubt, natural gas and other fossil fuels will continue to dominate the nation’s energy needs for some time to come. But it’s impressive to see that, even with today’s low oil and natural gas prices, companies are embracing renewable energy alternatives as a long-term competitive advantage. Dozens of major companies — including Wal-Mart, Microsoft, Walt Disney, Wells Fargo, General Electric and at least nine major energy firms — have officially factored the likelihood of a carbon tax into their business plans. And many others are monitoring this issue like hawks.The World Resources Institute, for example, has compiled a Corporate Renewable Energy Strategy Map to show companies where they can buy affordable renewable power at the scale they need from their local utility suppliers. Plus, more than 60 U.S. companies, including Facebook and Microsoft, and several environmental groups recently formed the Renewable Energy Buyers Alliance to develop 60 gigawatts of renewable energy by 2025. Their goal is to eliminate hurdles from utilities and regulators that impede corporate efforts to reduce carbon emissions.Full item: Don’t believe the myth that corporations oppose green initiatives Editorial: The Myth of Corporate Resistance to Renewableslast_img

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