Electric vehicles (EVs) are a hot topic in today's news. As the globe continues to battle climate change, the technology of electric vehicles shows promise to help build a more sustainable future. EVs are a thriving industry in this year's depressed market. What started as an electrified wagon in the 1890s is now an industry that offers a variety of models, from sedans to luxury cars.
globalEDGE Blog - By Tag: energy-efficient-products
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With many of the day-to-day costs worldwide continuing to surge, new measures are being taken to help lessen the amount of money spent by the average citizen. On Wednesday, March 30th, President Biden of the United States announced his pending plan to spend $3.16 billion on adding new components to hundreds of thousands of homes in low-income areas to make them more energy-efficient. This new plan was possible because of Biden’s $1.2 trillion bipartisan infrastructure bill signed into law in 2021. Around 450,000 new homes will be retrofitted because of the newly acquired budget. This amount of homes is a major increase over the previous amount, around 38,000. The new additions and renovations will involve electrification, heat pumps, LED lighting, insulation, and sealing up leaks. These upgrades will help make homes more energy-efficient and help cut down on monthly energy bills and gas emissions.
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This winter, Australia gave life to business extraordinaire Elon Musk’s mega-battery, changing the scope of energy production as we know it. The battery is the size of an American football field and powers 30,000 homes in Southern Australia and was built in the Tesla founder’s guaranteed 100-day time frame. On the heels of his accomplishment, Musk has announced another mega-battery to be built, putting on full display the growing market of batteries as the future of society’s power source.
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Many still think of biofuels as the fuel of the future. They think of a futuristic technology that still has not really been developed fully. Biofuels have actually been around much longer than most people realize. Henry Ford even planned to have his Model T run on ethanol way back in the early 1900s. Problems with today’s energy sources often come up because of the harm they can cause to the environment. Biofuels may eventually become a solution to both of these problems. That is why people still think of biofuels as a fuel of the future; they have not yet been implemented in society in an effective way.
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It is well known that areas in Asia, specifically Hong Kong and Beijing, are reputable for their dangerous air pollution and constant smog. In response, Hong Kong has begun to implement restrictions for the transportation industry regarding fuel and emissions, while even offering up to 50% savings on port fees for those vessels switching to fuel that doesn’t contain sulfur. However, these incentives aren’t enough to make the switch for some large container-shipping vessels, because it is simply too expensive to switch from the dirtier oil. When transportation companies refuse to use clean fuel, it gives them a competitive advantage that energy-conscious companies won’t tolerate any longer.
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There have been massive efforts recently to improve the quality of China’s polluted air by blending low-polluting imported coal with dirtier-burning domestic coal. Experts argue that while this will positively effect the air quality in the near-term, it might contribute to faster global warming in the long-term.
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Did you know that by creating a building with a “green” design you can save 72% more energy, compared to a standard design? There is a great opportunity happening in China with green energy and building design. Of all the markets in the world, China is one which can leverage green building design more than most others. With the amount of new construction occurring over the next ten years, the country is poised to take advantage of significant overall energy savings, while reducing their carbon footprint. In fact, it is projected the China will add 20 billion square meters of buildings in the next ten years.
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Companies all over the world are feeling the pressure to make more efficient products and packaging. With the media picking up any story about ‘greener’ products, it also gives incentive for some free, very positive, publicity. Unfortunately this sounds much simpler than it actually is. Many companies have been working at this for years. Luckily, there has been some amazing progress.
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The Food and Beverage Industry is undergoing significant trend shifts, one of which is a move towards more environmentally-friendly packaging. Many customers are demanding less material waste in the supply chain area of the industry. Complicating matters in the international spectrum is the fact that every country has different regulations regarding what's acceptable and what isn't. The key, then, is to find forms of packaging which comply with more of these regulations and can ultimately make the supply chain aspect of the Food and Beverage Industry more streamlined. That’s where polyactic acid (PLA) comes into play.