IKEA to Phase Out Single-Use Plastics by 2020

Swedish furniture giant IKEA announced a slew of commitments to encourage sustainable living, including a pledge to remove all single-use plastics from its product range globally and from its restaurants by 2020. The plastics ban will apply to its 363 stores worldwide, owner Inter IKEA said Thursday. IKEA joins a …

Nearly $4 Billion In Regional Economic Benefits Created By Australian Wind Power

A report released recently by the Australian Wind Alliance has provided some fascinating insights about the economic benefits produced by Australian wind farms. Their construction has resulted in an almost $4 billion contribution to the Australia economy. Over half of this value was generated in the last 5 years. The …

Walmart Plots Wind and Solar Surge as it Slashes Supply Chain Emissions

Walmart has unveiled plans to further expand its use of solar panels, wind farms and electric vehicle charge points as it reported progress in slashing greenhouse gas emissions across its global supply chain last year. The US retailer yesterday revealed it has worked with hundreds of global suppliers to achieve …

British Wind Farms Breeze Past Generation Records in First Quarter of 2018

The first three months of 2018 saw record-breaking wind generation, according to new data released this week that underscores the increasing influence of renewable power in the UK electricity system. Data from energy market monitoring firm EnAppSys shows wind farms in Britain set new half-hourly, daily, weekly, monthly and quarterly …

New Jersey’s Offshore Wind Industry Might Not Be Dead After All

If you can’t make the connection between New Jersey and offshore wind farms, there’s a good reason for that. A few years ago, New Jersey was on track to lead the nation’s offshore wind industry with a multi-million dollar assist from the US Department of Energy, thanks to its location …

UK Wind Power Hits New Heights

The plummeting temperatures and fresh wave of snow and ice that hit the UK this weekend did not dampen output from UK wind farms, with turbines setting a new wind power record on Saturday. According to National Grid and Elexon data collected by Drax, on Saturday wind power generation hit …

Thomas LUBECK, IFC: Tailwinds to the Financial Market

International Finance Corporation – IFC, one of the five members of the World Bank Group, is the world’s largest institution that encourages economic development by investing in the private sector in emerging markets. Serbia became a shareholder and a member of IFC in 2001 by purchasing a small package of …