BP revisits clean energy commitment with $200 million solar investment

December 18, 2017 by  
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Oil giant BP has invested $200 million to acquire partial ownership of a solar power developer. BP’s investment in British-based Lightsource is a return to form for a company that once prided itself on progressive commitments to clean energy. Prior to the devastating 2010 Gulf of Mexico oil spill , the company had invested billions in renewable energy, spoke openly and frequently about the dangers of climate change, and even went so far as to rebrand as “Beyond Petroleum.” After a lull in clean energy action, BP is once again responding to pressure from investors and governments, particularly in Europe, to make the switch from fossil fuels. BP and other oil giants are expanding their renewable energy portfolios not simply because it is good publicity and politics, but also because it is profitable. “The European majors feel under pressure to diversify, to get exposure to different technologies so they are not left out,” said Valentina Kretzschmar, an analyst at energy consultants Wood Mackenzie, according to the New York Times . “It is what a lot of their peer group is doing.” Wood Mackenzie estimates that capital investments in renewable energy offer returns between seven and 10 percent. Related: BP and Shell prepare for catastrophic climate change Under political and financial pressure in the wake of the 2010 oil spill, for which BP has paid $64 billion in damages and fines, BP has primarily focused on reinforcing its oil and gas operations in recent years. Despite returning to its earlier focus on renewable energy, it has learned from its mistakes. Previously, the company had invested in solar panel production, which has since been overpowered by countries like China . Its move to acquire partial ownership of Lightsource demonstrates BP’s embrace of a different kind of company, one that focuses on the installation and operation of solar systems rather than their production. “They need a renewable business to develop over time as part of energy transiting, but were lacking the ability to make solar profitable,” said Oswald Clint, an analyst at Bernstein Research, according to the New York Times . “Lightsource might be the solution.” Via The New York Times Images via Depositphotos (1)

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BP revisits clean energy commitment with $200 million solar investment

Firefighters say drones are getting in the way of battling California’s wildfires

July 21, 2015 by  
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Wildfires regularly rage in California over the hot and dry summer months, but this year firefighters are finding an additional obstacle:  drones . Firefighters have been working overtime to put out what has been clocked as the worst wildfire season thus far. But emergency aircrafts are reporting that news drones have been doing more harm then good, getting in the way of those who are trying to put out the fires. During the devastating fire in Los Angeles that torched vehicles on I-15, firefighters reported that drones prevented them from doing their job for nearly a half hour while the fire raged out of control. Read the rest of Firefighters say drones are getting in the way of battling California’s wildfires

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Firefighters say drones are getting in the way of battling California’s wildfires

Tesla’s Model X expected to hit the streets of China by Summer 2016

July 21, 2015 by  
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Word on the street from a China-based Tesla sales rep is that the upcoming Model X will be available for sale in China as soon as next summer. The all-electric SUV with falcon wings hasn’t even rolled out in the United States yet, but Beijing-based Tesla employee Gary Tao told Bloomberg in an interview this week about some of Tesla’s plans to strengthen their presence in China . This will include new Tesla showrooms, a network of local authorized repair shops, and additions to the existing 1,400 Supercharger stations already installed throughout the country. Read the rest of Tesla’s Model X expected to hit the streets of China by Summer 2016

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Tesla’s Model X expected to hit the streets of China by Summer 2016

Gasland’s Josh Fox on Tar Sands & Keystone XL Pipeline (VIDEO)

August 21, 2011 by  
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Tar Sands Action/ Josh Fox from JFOX on Vimeo . Please watch this powerful video from Gasland ‘s Josh Fox on the devastating environmental impact of tar sands oil and the on-going Tar Sands Action taking place at the White House . Visit TarSands… Read the full story on TreeHugger

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Gasland’s Josh Fox on Tar Sands & Keystone XL Pipeline (VIDEO)

Vegan Make-Ahead Meal: Quinoa Salad with Black Beans

August 21, 2011 by  
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Photo: Jess Root Vegan punk chef Isa Chandra Moskowitz’s Quinoa Salad with Black Beans merits following the recipe 100%. It’s that good. But, in getting more improvisational and thrifty thanks to inspiration from Kelly , the meatless meal ended up just as tasty and a dash more

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Vegan Make-Ahead Meal: Quinoa Salad with Black Beans

The (Haitian) Rum Must Go On!

April 15, 2010 by  
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Guest post by Darragh Worland, originally published on Tonic . Haiti’s best-known export, the century-and-a-half-old rum company Rhum Barbancourt, is back in business after grinding to a halt following the devastating earthquake that hit the island nation on Jan.

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The (Haitian) Rum Must Go On!

Trillions of Killer Cigarette Butts Can Be Recycled to Fight Rust

April 15, 2010 by  
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Photo jasong106 via flickr. According to data from the Ocean Conservancy, in 2009 more than 3 million cigarettes or butts were picked up internationally from beaches and inland waterways as part of the annual International Coastal Cleanup – 1 million from U

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Trillions of Killer Cigarette Butts Can Be Recycled to Fight Rust

Milan Furniture Fair 2010: Cookie Jar Encourages Healthy Eating

April 15, 2010 by  
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Photo copyright Mairi Beautyman There are a lot of things that make you fat — Lloyd has this great list . But often it comes down to eating a cookie when you should be eating a banana

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Milan Furniture Fair 2010: Cookie Jar Encourages Healthy Eating

Milan Furniture Fair 2010: Plants that are Lamps, Lamps that are Plants

April 15, 2010 by  
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Pendant lighting in the exhibit “Sparkling, Ecologically Correct 2010.” Photo copyright Mairi Beautyman This is my favorite trend so far at the Milan Furniture Fair, Salone Internazionale del Mobile 2010 : a plant that is a lamp, lamp that is a plant. And I also saw a table that contains a plant. I came across the pendant lighting above at the exhibit ” Sparkling, Ecologically Correct 2010 .” ..

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Milan Furniture Fair 2010: Plants that are Lamps, Lamps that are Plants

Timberland’s New Recycled Tees Help Haiti

March 9, 2010 by  
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Image credit: Timberland Earthkeepers From recycled plastic bottles to the 100% locally sourced tee, Kara’s list of 7 dark green t shirts we’d actually wear showcased some of the best in sustainable apparel.

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Timberland’s New Recycled Tees Help Haiti

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