Elon Musk is reportedly planning to dig tunnels and build his own Hyperloop

August 4, 2017 by  
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Back in 2013, Elon Musk detailed his vision for a futuristic mode of transportation called the hyperloop . Musk graciously shared his research with the public, because he had no intention of developing the invention – but that’s all changing now. Last month the Tesla Inc. CEO revealed that he received “ verbal government approval ” to build a hyperloop that can transport passengers between New York and Washington D.C. in a mere 29 minutes – and according to a confidante, Musk is planning to build the entire hyperloop system himself — from the physical infrastructure to the tube-encased train. The news came as a shock to startups that have been developing Hyperloops to Musk’s specifications. After all, Musk holds a trademark for the “Hyperloop” through SpaceX which could be used to prevent other companies from building them, according to U.S. public records. Musk acknowledges that his vision is now a direct threat to other start-ups which have raised hundreds of millions from venture backers. However, he is not discouraging other companies from developing underground tunnels. Musk said in a statement, “While we’re encouraged that others are making some progress, we would like to accelerate the development of this technology as fast as possible. We encourage and support all companies that wish to build Hyperloops and we don’t intend to stop them from using the Hyperloop name as long as they are truthful.’’ Among the three startups that publicly welcomed Musk’s involvement was Hyperloop One, whose chairman is Shervin Pishevar. Pishevar said on Wednesday that the company recently completed a second phase testing in Nevada, where a pod reached speeds of 192 miles per hour and traveled a distance of 1,433 feet. The company’s ultimate goal is to match Musk’s plan for the hyper loop to travel 700 mph. “It’s going to take many, many brilliant minds and commitment from many people to push it forward,” said Pishevar. “I’m a huge believer in him.” Related: Elon Musk-inspired Hyperloop Hotel could be the future of travel Musk and SpaceX have a huge advantage over other companies striving to develop a high-speed hyperloop. Not only does SpaceX own @Hyperloop on Twitter, it also owns the website Hyperloop.com . SpaceX was also granted registration for the Hyperloop trademark in April. For this reason, other start-ups are considering adopting a new company name whilst utilizing Musk’s plans — or improving upon them. For now, Musk is focused on bringing the hyperloop to the East Coast whereas competitors are honing in on different regions. While it is more than likely the companies will find agreeable ways to coexist, all bets are off now that Elon Musk and his team are part of the race. Via Bloomberg Images via Shutterstock , Linkedin , TED

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Elon Musk is reportedly planning to dig tunnels and build his own Hyperloop

Sustainability leaders, note: There’s no more room for silence

June 14, 2017 by  
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More than half of U.S. employees want their companies actively address societal and environmental issues. Here’s how corporate leaders can respond.

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Sustainability leaders, note: There’s no more room for silence

4 big ideas for adjusting your sustainability strategy

June 14, 2017 by  
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Science-based goals, new models for reaching consumers, savvier marketing methods and the need for deeper collaboration dominate the conversation at WRI’s recent MindShare gathering.

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4 big ideas for adjusting your sustainability strategy

The potholes in Trump’s public-private infrastructure plan

June 14, 2017 by  
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Trickle-down infrastructure isn’t the path forward for sustainable development.

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The potholes in Trump’s public-private infrastructure plan

9 ways companies made a difference

January 18, 2017 by  
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How Whole Foods, Timberland, Apple and other companies across sectors left a positive mark on 2016. How will your organization make an impact this year?

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9 ways companies made a difference

How the Fed joined the fight against climate change

January 3, 2017 by  
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The Fed does not influence the opportunity cost of carbon — and whether companies account for it — it does influence the opportunity cost of financial capital.

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How the Fed joined the fight against climate change

Tech meets transparency: The rise of connected supply chains

October 28, 2015 by  
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Transparency has arrived — whether companies and their suppliers like it or not — thanks to technologies related to smartphones, Big Data and the Internet of Things.

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Tech meets transparency: The rise of connected supply chains

Eco-conscious GreenAdvisor app is the TripAdvisor for the environment

August 3, 2015 by  
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What would happen if a multitude of voices, voices like yours, started to demand a greener tomorrow? The GREENWILL organization has launched a campaign to develop GreenAdvisor , a TripAdvisor -inspired app that would allow consumers to rate the eco-friendliness of the companies and stores they frequent. Those ratings can be shared online and can empower consumers to pressure businesses and institutions into greener decisions. You can help support the app by backing the project on the GreenAdvisor Kickstarter . + GreenAdvisor Kickstarter The article above was submitted to us by an Inhabitat reader. Want to see your story on Inhabitat ? Send us a tip by following this link . Remember to follow our instructions carefully to boost your chances of being chosen for publishing!

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Eco-conscious GreenAdvisor app is the TripAdvisor for the environment

How Autodesk, United and Genentech employees get cheap solar

June 23, 2015 by  
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Some companies are participating in a employee discount program on solar installation called SunShares. Will other companies join in?

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How Autodesk, United and Genentech employees get cheap solar

Fashion Companies Refuse To Compensate Victims Of Bangladesh Factory Collapse

October 12, 2013 by  
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The mainstream media may have forgotten about the Rana Plaza disaster , which killed 1,127, and injured or maimed scores of others, but those working for workers rights have not. Labor non-profit War on Want is working hard to make sure the fashion companies that put Bangladeshi garment workers in danger are required to compensate victims of the factory collapse. Not surprisingly, the companies, some of the most successful clothing brands in the world, are trying to shirk their responsibility. Only a third of the companies that used the Dhaka manufacturing hub have offered compensation to the victims and their families. Some refuse to even respond to requests for negotiation. READ MORE> Permalink | Add to del.icio.us | digg Post tags: Bangladesh , Fashion , fashion companies , fashion industry , garment factory , garment workers , minimum wage , Worker rights , worker safety        

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Fashion Companies Refuse To Compensate Victims Of Bangladesh Factory Collapse

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