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.
Energy Manager News
- Energy Storage: It’s About the Software
- MIT Develops Promising New Battery Storage Technology
- India Launches Net-Zero Building Portal
- Companies Cooperating on Waste-to-Energy Projects
- Clean Energy Commitment in the Corporate and Local Small Business Sphere
- Xcel Asks for $90M ‘Switching Fee’ If Lubbock Utility Joins ERCOT
- EDF Sending 127 Climate Corps Fellows to 100 Organizations
- Capegemini, Siemens Working on Analytics Platform