Americans Appear to Support Renewable Energy, But to what Extent?

Intpolicydigest | June 01, 2020

Renewable energy refers to non-depletable natural sources such as wind or solar energy, and often requires a considerable upfront investment to be commercially viable. The scope of the problem is clear. In 2017, the United States accounted for about 17% of the world’s total consumption of primary energy, energy taken directly from natural resources. Meanwhile, according to the U.S. Energy Information Administration, in 2018 the use of renewable energy sources accounted for only 11% of the United States’ total sources for primary energy consumption, with the main sources for energy consisting of petroleum (36%), natural gas (31%), coal (13%), and nuclear electric power (8%). The use of nonrenewable resources poses not only diverse environmental problems but potential economic challenges as countries compete over finite supplies.

Spotlight

It’s pretty safe to say that we all know that we have to find an alternative to fossil fuels as soon as possible, and the most viable answer to the planet’s energy needs is visible to us any time we look upward. The amount of solar energy that hits just 1 square mile of this planet over the course of a year is equal to 4 million barrels of oil, and the energy that hits the Earth in a mere 40 minutes can fuel all of humanity’s energy needs for a year. Isn’t that incredible? Check out the infographic below to learn more about all the ways that solar power is the way to go, and how we can go about making it a reality worldwide.

Spotlight

It’s pretty safe to say that we all know that we have to find an alternative to fossil fuels as soon as possible, and the most viable answer to the planet’s energy needs is visible to us any time we look upward. The amount of solar energy that hits just 1 square mile of this planet over the course of a year is equal to 4 million barrels of oil, and the energy that hits the Earth in a mere 40 minutes can fuel all of humanity’s energy needs for a year. Isn’t that incredible? Check out the infographic below to learn more about all the ways that solar power is the way to go, and how we can go about making it a reality worldwide.

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ENERGY

BioSolar Announces Green Hydrogen Technology Venture

BioSolar | December 17, 2020

BioSolar, Inc. (OTC:BSRC) ("BioSolar" or the "Organization"), an engineer of energy stockpiling innovation and materials, today declared that it has shaped an entirely possessed auxiliary, NewHydrogen, Inc., to build up an electrolyzer innovation to bring down the expense of green hydrogen. This program will run equal and correlative to the Company's current lithium-particle innovation improvement focusing on the high-development battery electric vehicle ("BEV") area. (See www.NewHydrogen.com) Some accept that energy component electric vehicles ("FCEV"), fueled by green hydrogen, or hydrogen delivered through sustainable methods versus petroleum gas or other non-renewable energy sources, will speak to a significant market opportunity later on for electric versatility. In a 2020 examination report, Goldman Sachs gauges that green hydrogen will be a "once in a blue moon" market opportunity worth more than $12 trillion. Pound for pound, hydrogen contains 3 fold the amount of energy as petroleum gas or gas, and 200 fold the amount of energy as lithium-particle batteries. It is the most bountiful and pervasive clean energy known to man, however as hydrogen doesn't exist in its unadulterated structure, it should be removed. Starting at 2020, almost 95% of hydrogen on the planet is made by steam changing of petroleum gas ("dim hydrogen") or coal gasification ("earthy colored hydrogen"). The two wellsprings of hydrogen are fundamentally various types of filthy, carbon weighty, and non-inexhaustible petroleum products. This never really help battle environmental change or lead to sustainable power and a reasonable planet. A superior and more suitable alternative for the planet is to make green hydrogen from sustainable assets, for example, sun oriented, wind and water. Today, electrolyzer innovation is the solitary industrially accessible answer for doing as such. Electrolysis, the way toward utilizing power to part water into hydrogen and oxygen in an electrolyzer, has been logically demonstrated for over 200 years. It is a promising and adaptable alternative to create "green hydrogen" utilizing inexhaustible power produced from wind and sunlight based. Sadly, high effectiveness electrolyzers are costly and depend on uncommon earth materials, for example, platinum and iridium – in a real sense stardust discovered uniquely in space rocks. These materials represent almost half of the expense of electrolyzers. "NewHydrogen will zero in on building up an advancement electrolyzer innovation to supplant uncommon earth materials with cheap earth bountiful materials," said Dr. David Lee, CEO of BioSolar. "While we leave on this new program in the high development classification of green hydrogen creation, we stay focused on our current battery innovation improvement program with the focal point of commercializing a silicon anode fit for improving the effectiveness and bringing down the expense of battery electric vehicle plan and creation."

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ECONOMY

Sustainability Initiative from YSL Beauty in Collaboration with World-renowned Ngo, Re:Wild

YSL Beauty | April 21, 2022

On April 20, on the occasion of Earth Day, YSL Beauty unveiled a global program called REWILD OUR EARTH in collaboration with global non-governmental organization Re:wild, reflecting the company's broader commitment to positively impacting the earth and its people. The Rewild Our Earth campaign seeks to protect and restore 100,000 hectares of land by 2030––an area nearly ten times the size of Paris––and to conserve biodiversity in priority climate-affected areas where YSL Beauty sources its ingredients. This project is inspired by the brand's long-standing commitment in Morocco's Ourika Valley through the pioneering Ourika Community Gardens initiative. It is also part of the brand's new sustainability platform, dubbed 'Change the Rules, Change the Future.' This reimagined vision is built on three pillars: (1) Minimize Our Impact; (2) Rewild Our Planet; and (3) Abuse Is Not Love. Rewild Our Earth: A Long-Term Initiative to Conserve and Restore the Natural Environment The YSL Beauty brand is committed to the Earth, inspired by Mr. Saint Laurent's reputation as a nature lover who took inspiration from the natural marvels of Morocco throughout his career. Since the launch of the pioneering Ourika Community Gardens project in Morocco in 2013, the brand has dedicated nearly a decade to repairing at-risk ecosystems and empowering local people. The brand reaffirmed its commitment to the United Nations Decade for Ecosystem Restoration in 2021. Now, with the introduction of 'Rewild Our Earth,' YSL Beauty will collaborate with Re:wild, a world-renowned non-governmental organization working in 188 conservation areas spanning 89 countries to conserve and restore biodiversity and advance ecological restoration globally. For 2022, this program will concentrate on the launch of "rewilding" initiatives in high-biodiversity areas where the brand receives product ingredients. Rewilding is a novel conservation technique focused on a progressive effort to empower natural processes, repair damaged ecosystems, and restore degraded landscapes; in other words, to better allow nature to care for itself. 'Rewild Our Earth' will focus on the following key areas through 2022: 1. The Ourika Valley in Morocco is a region where the brand grows a variety of ingredients (including pomegranate, marshmallow, iris, jasmine, walnut, and saffron) and is essential to the firm's sustainability approach. The Ourika Community Gardens began in 2013 as a socially responsible program connected to the Earth––a live testament to the brand's dedication to sustainability. Today, in this remarkable environment, which is home to over 200 plant species, the brand continues to empower communities of women by establishing a co-operative. Apart from the Gardens, YSL Beauty has been working more generally in the Ourika Valley region since 2017 to plant trees and repair parched land, planting over 125,000 trees in an area threatened by rising temperatures, deforestation, and regular natural calamities. 2. Haiti, which is associated with the sourcing of vetiver (an element found in YSL Beauty's L'Homme and La Nuit de L'Homme perfumes, as well as in historical fragrances such as Opium). Haiti is in the midst of an ecological crisis exacerbated by floods and landslides: main forest cover has declined from 60% in the 1920s to less than 1% now. This surviving territory is a biodiversity hotspot, supporting an astounding array of fauna, the majority of which are found nowhere else on Earth. Without appropriate trees to sustain the sloping terrain, these floods and landslides endanger the country's downstream population, creating a terrible feedback loop of poverty and deforestation exacerbated by climate change. The brand's first objective is to assist in the conservation and management of the remaining significant forests of Bois Pangnol, as well as the critical habitats and animals that inhabit them. 3. Madagascar, which is associated with the sourcing of vanilla and geranium (components of YSL Beauty's Black Opium, Libre, Le Vestiaire des Parfums, and Y). In Madagascar, the world's biggest Oceanic island and a significant location for sustainability, rampant deforestation has jeopardized an essential remaining forest corridor connecting two regions rich in biodiversity: Analamanga and Alaotra Mangoro. The protected area of Anjozorobe Angavo is a remnant primary forest corridor, home to 558 plant species, 9 lemur species, 34 amphibian species, 36 reptile species, and 75 bird species. YSL Beauty is assisting in the restoration of this corridor through engagement with authorities and communities, as well as a thorough site monitoring program to safeguard the health of the environment. This program's objective is to restore 400,000 trees by 2023. 4. Indonesia, which is associated with the production of patchouli (a component of scents such as YSL Beauty's Mon Paris, Black Opium, and Le Vestiaire de Parfums). The lakes and surrounding areas of the Indonesian island of Sulawesi, dubbed the 'freshwater Galapagos,' are home to some of the world's most unusual flora and animals. However, overdevelopment in the area has significantly raised the level of damage to this environment in recent years. These lakes are bordered by mainly undiscovered forests that support healthy animal populations and operate as watersheds, providing clean water and assisting in the regulation of the local climate; in other words, conserving the lakes necessitates conserving their forests. YSL Beauty's goal in this area is to mitigate the impact of invasive species on the lakes' indigenous species (restoring over 16,000 hectares of Lake Matano) while also collaborating with forest-edge communities to maintain, conserve, and restore 30,000 hectares of forest. Change the Rules, Change the Future: An Audacious Sustainability Platform with People and Planet at the Center YSL Beauty is dedicated to making positive change in the world, with a particular emphasis on people and the environment. The brand has increased its commitment to sustainability and updated its sustainability platform, which now contains three essential pillars. These include, in addition to Rewild Our Earth, Reducing Our Impact and Abuse Is Not Love. Reducing Our Impact focuses on low-carbon and circular economies and establishes targets that are consistent with the most recent climate research. YSL Beauty is devoted to dramatically decreasing its environmental footprint across the board, from sourcing and formulation through packaging, manufacture, transportation, point of sale, and end of life use. By prioritizing bio-based ingredients (70 percent by 2023); investing in recyclable, rechargeable materials and lighter packaging (100 percent eco-designed and recyclable, with virgin plastics phased out by 2030); transitioning to carbon-neutral French factories in 2022; training and upskilling 100 percent of our beauty teams in sustainability, social impact, and consumer transparency; and ensuring 100 percent eco-design in retail and merchandising. Our Impact is ambitious in its approach, focusing on all facets of the business to guarantee objectives are fulfilled. Abuse Is Not Love is a global program dedicated to preventing and combating intimate partner abuse through prevention programming in collaboration with non-profit partners. The program's goal is to foster discourse about abusive behaviors and to provide support to partners on the ground. Today, the program is implemented in 20 countries and has educated over 130,000 people on the warning signs of abuse through non-governmental organization preventative programming. The initiative intends to educate 2 million individuals by 2030 through internal training, partner and non-governmental organization support, and evidence-based thought leadership. This platform heralds a new age of sustainability for YSL Beauty, one that will define the future of beauty. The company's focus going forward will be on continuing to leverage innovation to create new possibilities––from how the brand manufactures its products to the broader impact it will have on the globe.

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ENERGY

AEP Energy Partners Seeks Wind And Solar Energy In Ohio And ERCOT

AEP Energy | September 11, 2020

AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (Nasdaq: AEP), is seeking proposals for off-take from new solar and new wind facilities located in Ohio and ERCOT. For the Ohio sited projects, the company is seeking renewable energy purchase agreements of 10, 12 or 15 years for solar or wind facilities that begin operation between 2021 and 2023. For the ERCOT sited projects, the company is seeking renewable energy purchase agreements of 12 years or less for solar facilities that begin operation between 2021 and 2023. Proposals with alternative terms will be accepted. Accepted bids will be at AEPEP's discretion.

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