High Energy Prices May Give Green Products Edge
More companies are cashing in on the difference in price between products made with recycled materials and those made with more fossil fuel content, The Wall Street Journal reports.
When there is instability in prices, consumers tend to be open to new sourcing, says Jeff Mendelsohn, founder and CEO of New Leaf Paper. “That’s a general market strategy, not just green,” he says. A mill working with New Leaf uses recycled landfill methane as a power source.
Compostable dinnerware manufacturer Eco-Products expects revenue to jump five-fold this year.
TerraCycle, which makes fertilizer from worm castings, plans to market an artificial fire log this winter made from soy wax. Its main competition makes a petroleum-based log. Since the company’s raw materials aren’t linked to petroleum products, its costs aren’t going up.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- General Mills: We’ll Invest $100M to Reduce Greenhouse Gas Emissions
- Oregon Correctional Institution Saves with LEDs
- ERC: Electricity Price Trends for the Week Ending August 28
- Columbus Energy Challenge Falling Short
- Building on Alaskan Campus Gets LEED Certification
- BT Group Launches Division to Help Property Owners
- Price of Renewables Approaching Fossil Fuels, Nuclear
- The Use of Renewables in Mining Operations