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
- Two Studies Show the State of Energy Efficiency
- Phoenix Airport LED Project Moves Along
- Maine Businesses Shut Out of Power Program
- Stay Cool This Summer While Avoiding These Common Summer Pitfalls
- Coalition Seeks to Stop SCE&G’s Blank Check
- NARUC Releases DER Draft Rate Design Manual
- Behind the Meter Podcast: Pushing Sustainability, Efficiency with Green Leases
- The Tricky World of Portable Commercial Air Conditioners