Bloomberg (May 31)
“Power-hungry, fossil-fuel dependent Japan has successfully tested a system that could provide a constant, steady form of renewable energy, regardless of the wind or the sun.” The Kairyu prototype is designed to harness the Kuroshio current. “The advantage of ocean currents is their stability. They flow with little fluctuation in speed and direction, giving them a capacity factor…of 50-70%, compared with around 29% for onshore wind and 15% for solar.”
Tags: Capacity factor, Dependent, Energy, Fossil fuel, Japan, Kairyu, Kuroshio current, Ocean, Power-hungry, Prototype, Renewable, Solar, Steady, Tested, Wind
Fortune (June 7)
“As the problem of plastic waste around the world has gotten worse, many countries and companies have begun to ban single-use plastic items.” Ikea has added momentum to this movement. Ikea announced “it will stop selling single-use plastic products in its stores and remove them from its restaurants by 2020.” This ties into the retailer’s larger sustainability vision. Ikea seeks “to become ‘planet positive’ by 2030, and aims to purchase 100% renewable energy by 2020, achieve zero emissions on deliveries by 2025 and start using only renewable and recycled materials in its products.”
Tags: Ban, Energy, Ikea, Momentum, Planet positive, Plastic waste, Renewable, Retailer, Single-use, Sustainability, Zero emissions