May 17, 2020

Yingli to be Renewable Energy Partner with U.S. Soccer

yingli
Solar
green
Energy
Admin
2 min
Chinese solar power company Yingli Green Energy will become the first official renewable energy partner of U.S. Soccer
Soccer—or ‘football as the rest of the world calls it—is gaining respect in the United States as both the mens and womens national te...

Soccer—or ‘football’ as the rest of the world calls it—is gaining respect in the United States as both the men’s and women’s national teams have made tremendous World Cup showings in recent years.  Now, Chinese solar power company Yingli Green Energy wants in on the action and plans to become the first renewable energy partner of U.S. Soccer for the U.S. Men’s, Women’s and Youth National teams.

The agreement between Yingli and U.S. soccer is scheduled to last through the end of 2014, although financial terms have not been disclosed.  The partnership will officially launch on August 10 when the U.S. Men’s National Soccer Team plays Mexico in Philadelphia. 

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“Soccer is the world’s most popular game and we are extremely excited to be partnering with U.S. Soccer, an organization that has achieved tremendous success and similar global recognition in recent years,” says Robert Petrina, managing director of Yingli Green Energy subsidiary Yingli Americas, said in a statement. “We consider this association to be the best platform for building solar energy awareness across the country. We recently announced that we are on track to capture 15% of the North American solar market in 2011, and today we’re reinforcing our commitment to build a lasting brand and a recognizable local level.”

Considering that China pretty much owns the U.S. anyway, this partnership seems like a logical move.  Just as the U.S. begins making its mark internationally in a sport that it has been slow to embrace, China comes in to dominate investment, just like it has with pretty much every other sector in the country.  The partnership is a smart way for Yingli Green Energy to come in and take over the U.S. solar market, using America’s newfound love for soccer as a catalyst.  However, I’m not seeing any U.S. solar companies waiting in line to invest in the sport, so perhaps it’s just as well that Chinese firms bring money into the country.  After all, with the economy in shambles, it may just be our debt holders—the Chinese—who see us through… again. 

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Apr 21, 2021

UK Government pledges to cut carbon emissions by 78% by 2035

emissions
Netzero
UK
3 min
UK Government to enshrine new emission targets in law by the end of June as Prime Minister Boris Johnson targets new technologies and green innovation
The UK government has agreed to stick to Climate Change Committee recommendations and cut carbon emissions by 78% by 2035 compared to 1990 levels, it announced today.
 
The sixth Carbon Budget limits the volume of greenhouse gases emitted over a 5-year period from 2033 to 2037, taking the UK more than three-quarters of the way to reaching net zero by 2050.
 
The budget will ensure Britain remains on track to end its contribution to climate change while remaining consistent with the Paris Agreement temperature goal to limit global warming to well below 2°C and pursue efforts towards 1.5°C.
 
For the first time, the budget will incorporate the UK’s share of international aviation and shipping emissions – an important part of the government’s decarbonisation efforts that will allow for these emissions to be accounted for consistently.
 
This comes ahead of Prime Minister Boris Johnson addressing the opening session of the US Leaders’ Summit on Climate, hosted by President Biden on Earth Day (April 22). The Prime Minister will urge countries to raise ambition on tackling climate change and join the UK in setting stretching targets for reducing emissions by 2030 to align with net zero.
 
The government is already working towards its commitment to reduce emissions in 2030 by at least 68% compared to 1990 levels through the UK’s latest Nationally Determined Contribution - the highest reduction target made by a major economy to date. Today’s world-leading announcement builds on this goal to achieve a 78% reduction by 2035.
 
The new target will become enshrined in law by the end of June, with legislation setting out the UK government’s commitments laid in Parliament tomorrow.
 
Prime Minister Boris Johnson said the UK will be home to "pioneering businesses, new technologies and green innovation as we make progress to net zero emissions".
 
Through its presidency of the crucial UN climate summit, COP26, which will take place in Glasgow later this year, the UK is urging countries and companies around the world to join the UK in delivering net zero globally by the middle of the century and set ambitious targets for cutting emissions by 2030.
 
The government has already laid the groundwork to end the UK’s contribution to climate change by 2050, starting with ambitious strategies that support polluting industries to decarbonise while growing the economy and creating new, long-term green jobs.
 
This includes the publication of the Industrial Decarbonisation Strategy, an ambitious blueprint for the world’s first low carbon industrial sector, slashing emissions by two-thirds in just 15 years, as well as over £1 billion government funding to cut emissions from industry, schools and hospitals.
 
Further, the UK is the first G7 country to agree a landmark North Sea Transition Deal to support the oil and gas industry’s transition to clean, green energy while supporting 40,000 jobs.
 
Through the deal, the sector has committed to cut emissions by 50% by 2030, while the government, sector and trade unions will work together over the next decade and beyond to deliver the skills, innovation and new infrastructure required to decarbonise North Sea production.

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