Google's Goal: Renewable Energy Cheaper Than Coal
Creates Renewable Energy R&D Group and Supports Breakthrough Technologies
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Google (NASDAQ:GOOG) today announced a new strategic initiative to develop electricity from renewable energy sources that will be cheaper than electricity produced from coal. The newly created initiative, known as Renewable Energy Cheaper Than Coal, will focus initially on advanced solar thermal power, wind power technologies, enhanced geothermal systems and other potential breakthrough technologies. Renewable Energy Cheaper Than Coal is hiring engineers and energy experts to lead its research and development work, which will begin with a significant effort on solar thermal technology, and will also investigate enhanced geothermal systems and other areas. In 2008, Google expects to spend tens of millions on research and development and related investments in renewable energy. As part of its capital planning process, the company also anticipates investing hundreds of millions of dollars in breakthrough renewable energy projects which generate positive returns.
California Governor Visits Porsche Stand at LA Auto Show to See 108-Year-Old Electric Car
Austrian Built Car Led to First Hybrid Car More Than a Century Ago
LOS ANGELES–(BUSINESS WIRE)–California Governor Arnold Schwarzenegger today visited the Porsche stand at the Los Angeles Auto Show to see the world’s first advanced electric car, a 108-year-old vehicle that led to the first hybrid car that were both developed by Ferdinand Porsche at the turn of the century. Ironically, this technical marvel was developed and built in Austria, the birthplace of the Governor.
Brown Goes Green
UPS to Use ZAP Electric Car and Truck Fleet for Deliveries
PETALUMA, CA., Nov 13, 2007 – It will be a green holiday this season for United Parcel Service (UPS), who rolled out a small parcel delivery service this week in Northern California using 42 electric cars and trucks from ZAP (OTCBB: ZAAP).
The UPS branch in Petaluma, California has leased an initial fleet of 42 ZAP Xebra® electric city cars and trucks for their small parcel deliveries. This is the first time that UPS has used electric city-speed vehicles for this purpose.
Brown Goes Green – UPS rolled out an electric car and truck fleet from ZAP this week to help with small parcel deliveries in dense urban communities. The move was made to reduce fuel consumption and reduce CO2 emissions.
GE Receives U.S. State Department Award for Corporate Citizenship
Recognized for “Exemplary role in post-Tsunami relief efforts and emphasis on employee volunteerism and educational programs”
WASHINGTON–(BUSINESS WIRE)–At a ceremony in Washington, DC, GE today received the Award for Corporate Excellence (ACE) from U.S. Secretary of State Condoleezza Rice. GE was recognized for its extensive corporate social responsibility programs in Indonesia, specifically the Company’s role in post-Tsunami relief efforts and its emphasis on employee volunteerism and educational programs.
BP Moves to No 1 in Global Accountability Rating
LONDON–(BUSINESS WIRE)–Oil giant BP is the world’s most accountable company according to this year’s Accountability Rating™ 2007. The Rating also finds that European companies are forging ahead in building responsible business practices, with 18 global companies headquartered in Europe featured in the top 20.
Green Earth Technologies Introduces America’s First Green Motor Oil
MENLO PARK, Calif.–(BUSINESS WIRE)–A new day has dawned for Americans who want to save the Earth by going green, but don’t want to pay a premium or sacrifice performance in the process. Today, Green Earth Technologies (Pink Sheets:GETG) introduced G-OIL, a revolutionary, totally green biodegradable motor oil guaranteed to protect engines as well as the leading brands, but without the environmental hazards or dependence on foreign oil.
Fireman's Fund Insurance Company Offers to Rebuild Damaged or Destroyed Homes ''Green''
Available to Southern California Policyholders Affected by Devastating Wildfires; First-Ever “Green” Upgrade Offered to Homeowners in the U.S.
NOVATO, Calif.–(BUSINESS WIRE)–As a result of the extraordinary wildfires in the past two weeks, Fireman’s Fund Insurance Company is responding with an innovative green upgrade for impacted policyholders. Fireman’s Fund® will rebuild its Prestige® Premier policyholders’ homes that were damaged or destroyed in the devastating Southern California wildfires “green” if desired by policyholders.
Steelcase Sees Productivity and Environmental Benefits from OptiLedge
GRAND RAPIDS, Mich.–(BUSINESS WIRE)–Steelcase, Inc., one of the nation’s leading providers of office environment solutions, is deploying the OptiLedge from OptiLogistics, Inc., marketer of innovative transport packaging systems, to ship selected furniture products to dealers and direct customers from its plant here. The move to the OptiLedge, which was tested for several months, is providing Steelcase with improved shipping efficiency and reducing the company’s impact on the environment.
GE ecomagination R&D Investment to Reach $1 Billion by Year End, Driving Expansion of Advanced Technology Pipeline
Strategy Mirrors Edisonian Belief in Creating Products Directly Aligned With Customer Needs, Driving Innovative, Energy-Efficient and Cleaner Technology Across Company
Today GE (NYSE: GE) announced that it will invest more than $1 billion on cleaner technology research and development (R&D) for 2007, drawing closer to its pledge to invest $1.5 billion annually on ecomagination R&D by 2010. One of four GE ecomagination commitments originally made in 2005, R&D investment has reached a total of more than $2.5 billion since the program’s inception.
Coca-Cola Invests in RecycleBank
RecycleBank™, a rewards program motivating people to recycle, announced that Coca-Cola has invested $2 million in the company to help enable RecycleBank to expand nationwide. The investment is part of a larger relationship with RecycleBank to increase curbside recycling rates in the United States.
