Tesla executives take on recycling venture
With recycling and sustainability such an important and omnipresent issue within the manufacturing industry, the worlds needs more ventures like Redwood Materials. The company will allegedly focus on the creation of technology which recycles waste manufacturing materials, although further details remain a mystery, as the website currently contains nothing.
What has thrown this obscure business into the spotlight is that two executives at Tesla, Jeffrey Straubel (Chief Technology Officer) and Andrew Stevenson (Head of Special Projects), are Directors of it.
CB Insights discovered a US Securities and Exchange Commission (SEC) filing for Redwood Materials earlier this week, and Straubel and Stevenson are listed as Chief Executives. The document also shows that $2 million has been poured into the company by a single investor, but the name of said investor is not disclosed.
While Tesla’s involvement in this venture cannot yet be gauged, it does seem a sensible partnership. As a company which creates economically-friendly electric cars, Tesla is always looking for ways to be more sustainable – particularly during the manufacturing process. It further deepened its mark on the renewable energy sector by acquiring SolarCity last year.
Tesla has been openly looking for ways to create more sustainable processes during the production of its vehicles and battery cells, and this need will only grow with the requirements of its Gigafactory.
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.