Today GE upped its 2010 commitment to renewable energy to $6B.
GE had previously planned to invest $4 billion in renewable energy by then, but upped the goal due to the increasing cost of fossil fuels and support of greener energy, among other factors, according to Alex Urquhart, president and CEO of GE Energy Financial Services.
Its “Ecomagination” PR and advertising campaign has been budgeted at $90M.
Story in GreenBiz
Duke University’s Focus the Nation activities will culminate when the Blue Devil men host NC State in a game to be nationally televised on ESPN2.
The Cameron Crazies, the pep band and the Blue Devil mascot will be given green t-shirts emblazoned with the Green Devil and the slogan, “Bleed Blue. Live Green.” Attendees will be encouraged to sign the Duke Sustainability Pledge, recycle any waste they generate and use alternative transportation to come to the stadium. Duke will also be offsetting the carbon footprint of the game.
World class standards for event greening established by the World Conservation Union (IUCN), the United Nations Commission on Sustainable Development, and partner organizations. It is drawn from the 2002 World Summit on Sustainable Development (WSSD) in Johannesburg, South Africa, and the WSSD’s 22,000 delegates.
The basic principles of greening” major events that should be incorporated by the host organization include:
- Environmental best practices – reduce negative environmental effects by employing technologies and behavioral practices that minimize waste, energy usage, and air and water pollution, by utilizing resources sustainably and conserving biological diversity;
- Social and economic development – select options that raise public awareness of environmental issues, involve communities in all levels of decision-making, create local jobs, and stimulate urban economies;
- Education and awareness – communicate and explain greening plans and their benefits with the aim of changing public attitudes and future actions;
- Monitoring, evaluation, and reporting – assess the effectiveness of greening activities before, during, and after the major event;
- Leave a positive legacy – ensure that both the short and long-term impacts of decisions and actions in producing a major event lead to a substantial improvement in environmental sustainability.
UNDP website description of the resource
2.3MB .pdf
A cursory review of recently published public opinion polls:
- February, 2007. Fox News/Opinion Dynamics poll finds “fully 82 percent of Americans say they believe in global warming”.
- April, 2007. 49% believe global warming is having a serious impact now – up 14 points since 2001 according to CBS/New York Times poll.
- 76% believe gobal warming is apperent now and 69% want immediate action, according to the Center for American Progress
- April, 2007. 86% believe “global warming will be a serious porblem if nothing is done to reduce it in the future” according to aWashington Post/ABC News/Stanford University
- April, 2007. The New York Times reports that 90% of democrats, 80% of independents, and 60% of republicans believed that “immediate action was required to curb the warming of the atmosphere and deal with its effects on the global climate”.
- March, 2007. Yale research survey finds “Fully 83 percent of Americans now say global warming is a ’serious’ problem“.
“63 percent of Americans agree that the United States ‘is in as much danger from environmental hazards, such as air pollution and global warming, as it is from terrorists’“
- December, 2007. Globescan survey finds “65 percent of Americans believe climate change will directly threaten them and their families.”
“We have what is essentially a global consensus that it’s a problem, it’s real, and people are willing to make a change in their lifestyles and accept increased cost of energy,” says Steven Kull, director of worldpublicopinion.org.
The U.S. Federal Trade Commission has noticed that American companies and citizens spent $54M on carbon offset credits last year. According to the New York Times, the commission said it was “growing increasingly concerned that some green marketing assertions were not substantiated.”
Unlike tangible goods like cars or breakfast cereals, carbon offsets and renewable energy credits don’t offer consumers an easy way to verify they’ve received the products sold to them. With this much uncertainty, there’s a heightened potential for deception. — FTC chair Deborah Platt Majoras.
In timely fashion, Seventh Generation has a recent blog post that provides consumers with questions they can ask to determine the quality and “additionality” of their purchases.
In the 12/31/07 New York Times Most Wanted section on the Marketing Page (print edition only), Shelly Freierman listed the companies who spent a total of $63M on last year’s title game (Florida vs. Ohio State):
- Pepsico, $6.8M
- Anheuser-Busch, $5.1
- General Motors, $5.1
- AT&T, $4.3
- Cerberus Capital, $4.3
- Nissan Motor, $4.3
- Allstate, $3.4
- Blockbuster, $3.4
- Ford Motor, $3.4
- Direct TV Group, $2.6
The going rate for a 30 second spot during the 2006 BCS Championship game was between $268,000 to $530,000 according to TNS Media Intelligence cited by MediaPostPublications . The 30 second spot at last year’s NFL’s SuperBowl cost $2.5M.
Forbes determines value by computing on what the basketball programs contribute to (1) the university, (2) the athletic department, (3) the conference (4) the local communities (visitor spending).
- North Carolina, $26M, $16.9M in profits
- Kentucky, $24.9M, $15.4M in profits
- Louisville, $24.4M, $17.1M in profits
- Arizona, $22.7M, $13.2M in profits
- Duke, $22.6M, $$11.1M in profits
- Indiana, $19.4M, $13.5 in profits
- Illinois, $19.4M, $12.2M in profits
- Kansas, $16M, $8.3M in profits
- Wisconsin, $15.7M, $9.6M in profits
- Ohio State, $15.3M, 8.9M in profits.
So Manchester United has had the all storied players (Giggs, Scholes, Ronaldo, Solskjaer, Beckham), the storied ground (Old Trafford), and the storied trophy case (with the famous triple in 1999), and the storied coach (Sir Alex Ferguson).
But now, Manchester City, the oft-maligned cross-town rivals, have a 23 story windmill.
It generates enough electricity to power the equivalent of 1,250 homes and clearly makes City among the greenest franchises in the sports world.
Pete Bradshaw, Social Responsibility Manager for Manchester City Football Club said: “The wind turbine provides an exciting opportunity to help the Club and the city achieve significant carbon emission reductions. The wind turbine is a significant part of a range of energy efficiencies and recycling projects that the Club is involved in though its award-winning community and social responsibility projects.”
What’s more, City is currently in fourth place in the Premier League and have already won the first leg of the Manchester Derby. The lads are playing to win.