Disney moving closer to meeting green energy goals

first_img FacebookTwitterLinkedInEmailPrint分享The New York Times:Even the visionary Walt Disney probably could not have imagined this one.The Walt Disney Company is just months away from generating enough renewable solar energy to fully power two of its four parks at the Walt Disney World Resort in central Florida. Before the end of 2018, Disney will flip the switch on a sprawling 50-megawatt solar power facility composed of more than a half-million solar panels, just outside Disney’s Animal Kingdom. The move is aimed, in part, at helping Disney achieve its larger plan to reduce its net greenhouse gas emissions 50 percent worldwide by 2020, compared to 2012.The soon-to-open Disney World solar facility, spread along a 270-acre designated renewable energy area, will produce enough energy to supply 10,000 homes annually and will reduce greenhouse gas emissions by more than 57,000 tons per year, according to Disney’s estimates. That is the annual equivalent of removing roughly 9,300 automobiles from the roads, the company says.The energy will not actually go to Disney’s theme parks, but rather into the local power grid. Nonetheless, with one eye on its global reputation and another on its customers’ increasing focus on sustainability, Disney is emerging as a renewable energy force.Disney’s move toward cleaner energy comes when brand image for global giants goes far beyond, say, merely a ride on Space Mountain — particularly among free-spending but environmentally sensitive millennials. Indeed, some 79 percent of consumers say they seek out products that are socially or environmentally responsible, according to a 2017 study by Cone Communications.More: The Magic Kingdom is going green Disney moving closer to meeting green energy goalslast_img read more

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FDIC ‘looking at’ credit union purchases of banks as Hood defends deals

first_img continue reading » The FDIC is “looking at” the implications of credit unions purchasing banks, FDIC Chairwoman Jelena McWilliams said Wednesday, indicating that credit unions may have an advantage because of their tax structure and absence of Community Reinvestment Act enforcement.“The playing field may not be exactly level,” McWilliams said, at a House Financial Services Committee that featured prudential regulators.She did not elaborate on her agency’s efforts.Asked about the same issue, NCUA Chairman Rodney Hood declared, “These are voluntary market-based transactions.” ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

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Penn State : Trustee to head investigation into sexual abuse scandal

first_imgSTATE COLLEGE, Pa. — Penn State’s Board of Trustees announced Friday that trustee Kenneth Frazier will head a special investigation committee, which will look into the circumstances that gave rise to a grand jury report that charged former assistant coach Jerry Sandusky with a series of sexual assaults involving eight young boys.The meeting was the first public gathering of the 32-member board in light of the scandal. The meeting was moved from a hotel boardroom to a ballroom to accommodate the amount of people that attended, according to reports.The special investigation committee will be responsible to determine what failures occurred, who is responsible for the failures and what measures are necessary to make sure this type of scandal never hits Penn State again.The scandal caused major media outlets and national attention to flock to State College. Legendary football coach Joe Paterno was fired Wednesday night in the midst of his 46th season, one in which he became the winningest coach in major college football history. President Graham Spanier was also removed by the Board of Trustees on Wednesday.The grand jury report states administrators didn’t contact authorities after a graduate assistant, later revealed to be current wide receivers coach Mike McQueary, said he saw former assistant coach Jerry Sandusky sexually assaulting a young boy in the football team’s football facility shower in 2002.AdvertisementThis is placeholder textAuthorities have said that Sandusky met many of his alleged victims through The Second Mile, a charity he established in 1977 to help at-risk children.‘There will be full accountability for those found responsible,’ said Steve Garban, chairman of the Board of Trustees during the meeting, according to the Associated Press. ‘All resources will be made available for the committee to fulfill its charge and there will be no restrictions placed on its scope or activities.’Once the investigation is complete, Garban said a full report will be given to the board at one of its regular meetings.According to the AP, Frazier said the committee will have the power to hire independent lawyers and will publicly release the entirety of its findings.‘That’s absolutely what we intend to do,’ Frazier said. ‘The purpose of this investigation is to ensure that the public understands everything that we learn in this investigation and a report will be made completely public as quickly as we possibly can.’Pennsylvania Education Secretary and Trustee Ron Tomalis will serve as the vice chairman of the special investigation committee, according to Penn State Live, the school’s official news source.Garban also pledged to support Penn State President Rod Erickson at the meeting. The board removed the interim tag from Erickson’s title of president, but will reportedly continue to search for a permanent successor to Spanier.‘I know we can do this,’ Erickson told the trustees at the meeting. ‘We are resilient; We are a university that will rebuild the trust and confidence that so many people have had in us for so many years.’McQueary will not attend Saturday’s gamePenn State wide receivers coach Mike McQueary will not be on the field for the game between the 12th-ranked Nittany Lions (8-1) and No. 19 Nebraska (7-2) at noon Saturday.‘Due to multiple threats made against Assistant Coach Mike McQueary, the University has decided it would be in the best interest of all for Assistant Coach McQueary not to be in attendance at Saturday’s Nebraska game,’ read a statement from Penn State [email protected]  Published on November 10, 2011 at 12:00 pm Contact Jon: [email protected] Commentscenter_img Facebook Twitter Google+last_img read more

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