Tesco Pledges $50 Million To Fund Green Institute
Tesco’s CEO Sir Terry Leahy has announced that the supermarket chain will give about $50 million for a sustainable consumption institute at Manchester University that will investigate clean tech and sustainability issues, Guardian Unlimited reports.Leahy also said that the company is ready to raise prices to deliver a revolution in green consumption.
Leahy said carbon costs have “not yet been priced into consumption today” and that business, consumers and government had to make big changes to move to a low-carbon economy, including the possibility of higher prices. “We have to do this,” he said.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Don’t Go It Alone When Retrofitting
- LinkedIn Campus Gets Mobile EV Charging
- Many Vendors Vie for Lighting Controls Business
- Johnson Controls Opens Variable Refrigerant Flow (VRF) Training Center
- Acquiring Renewable Energy Should Be Easier, Facebook Says
- Energy Upgrades at School District Financed by NY Power Authority
- Fusing System Helps Solar Customers with Overcurrent Protection
- ABM Joins Balboa Park Sustainability Council