This website uses cookies to ensure you have the best experience. Learn more

Richard Branson Launches A Green Energy Plan For The Caribbean

1086 words - 5 pages

Richard Branson Launches A Green Energy Plan For The Caribbean.

ENERGY
In 1979, when Richard Branson bought the 74-acre Necker Island in the British Virgin Islands, he paid less than $300,000. It was untouched, undeveloped, inhabited only by birds and jungle critters. Back then, no one worried a wit about carbon emissions, ocean acidification, rising sea levels. To bring electricity to his island retreat Branson, like virtually everyone else on the small islands of the Caribbean, installed diesel generators.

As far as fuels go, diesel is hard to beat. It's easy to transport and contains a lot of energy in a small volume. It's already ubiquitous in the islands as fuel for boats. And ...view middle of the document...

To help the cause, Carbon War Room and RMI have worked with the World Bank and the U.S. Overseas Private Investment Corporation to earmark $300 million for new renewable energy projects in the islands.

Necker Island will be the first to make that shift. Within three years Branson aims to be using solar and wind, with battery backup, to provide for 80% of Necker's energy needs, with a long-term goal of 100%. Branson has contracted with NRG Energy to build Necker's renewable micro-grid.

"What we hope to do is use Necker as a test island to show how it can be done," said Branson in a statement. "The only way we're going to win this war is by creative entrepreneurship."

Among the world's CEOs and billionaires, Branson has real environmentalist cred. Sure the founder of Virgin Records, Virgin Airways, and now Virgin Galactic is responsible for millions of tons of carbon emissions over the years. But he's been trying to make up for it. As early as 2008 his airline flew a Boeing 747 from London to Amsterdam on a low-carbon fuel made of babassu oil and coconut oil. He's also a backer of the new solar-powered airplane SolarImpulse.

Jon Creyts, a managing director at the Rocky Mountain Institute, was in attendance at the conference, and shared with the group RMI's research on just how much sense it makes for the islands to shift from diesel. According to Creyts, when you factor in the costs of fuel, transmission and capital investment, the average cost of electricity in the Caribbean ranges from 32 cents to 65 cents per kwh. That's as much as five times what the average American pays for electricity. Most of that cost is in the diesel; a 1,000 kw diesel generator running at 100% capacity gulps about 70 gallons in an hour. That equates to .07 gallons per kwh. At current diesel prices in the Virgin Islands of $3.50 per gallon that comes out to 25 cents per kwh in diesel.

Compare that with the U.S. Energy Information Administration's figures for the all-in costs of other generation methods. Gas turbines can do about 7 cents per kwh, offshore wind 22 cents, and solar photovoltaic 14 cents.

The increased...

Other Papers Like Richard Branson Launches A Green Energy Plan For The Caribbean

Customer Need: A Key Element For The Success Of Company

1336 words - 6 pages Customer Need: A Key Element for the Success of Company As Doyle (1994, p.39) mentioned, consumers can choose the product they want that makes the competitors try to attract more consumers from each other. It suggests that customers play an important role in marketing. If a company wants to win the competition, it might need to put consumers at the first place, meet the needs of consumer more effectively (Doyle, 1994, p.39). The famous

The Nighrt I Was Schedule For A C-Section

546 words - 3 pages The night I was schedule for a C-section On May 2, 2011 at 5:00am I was schedule to be at the hospital for a C-section with my last daughter, who is now two years old. I was thirty nine weeks and so ready to have this baby. I was having pain and because time was getting near I was very nervous. I hadn’t had a C-section in twelve years. My boyfriend (Dean) of eight years wasn’t home, after trying to call and texts him and receives no answer I

Create An Email Script To Be Sen To At&T Customers Informing Them Of The Security Breach And A Plan To Resolve The Issue. Explain Your Rationale

359 words - 2 pages Create an email script to be sent to AT&T customers informing them of the security breach and a plan to resolve the issue. Explain your rationale. To the Loyal Employees and Contractors of AT&T, We are contacting you because we have learned of a serious data security incident that occurred on between July 29, 2011 and August 1, 2011 that involved some of your personal information. The data security breach occurred as a result of the

Ellen Degeneres Sues Clean Clothes For Misappropriation And Right Of Publicity For The Use Of A Look-Alike Model For The Slacks Advertisement. Clean Clothes Countersues For Product Disparagement....

315 words - 2 pages he three parties involved in this business matter are Ellen DeGeneres, Clean Clothes Company and Joseph A. Bank clothing store. Ellen DeGeneres is suing Clean Clothes Company for using her likeness and dance in a commercial video without her permission. The law that Ellen is presented in the court is misappropriation and right of publicity against the Clean Clothes Company. The Clean Clothes Company is countersuing Ellen DeGeneres for product

Case Study The Pay-For-Performance Program Among Denver Teachers Hits A Roadblock Case Questions

1883 words - 8 pages -tightening usually means putting off big decisions until conditions improve. Cisco, with $26 billion in cash, has the coffers—and apparently the management structure to immediately start shopping. The Pay-for-Performance Program among Denver Teachers Hits a Roadblock The Denver Public Schools' pay-for-performance plan to motivate teachers was hailed as a model for the rest of the country when it took effect three years ago. It now stands

Evaluate The Methods You Used To Collect The Data For A Geographical Investigation. State The Title Of The Investigation

443 words - 2 pages randomly. The first take was measuring pebble size, to do so we measured the longest axis using a tape measure, which we used centimetres for the measurements. We found that this method was easy and there was little chance of doing it wrong. The site of these pebbles was chosen systematically as the pebbles were measured at every dip and crest along the beach. After systematically choosing the site, a quadrat was randomly placed and a participant

To What Extent Was Josef Stalin’S Employment Of Collectivisation A Successful Endeavour For The Soviet Economy?

2115 words - 9 pages Plan of the investigation: This investigation analyses the successes and failures of collectivisation in the Soviet Union, specifically looking at the impact it had on the peasants of Russia and whether it aided in satisfying the Soviet Union’s economic needs. In order to assess the extent to which collectivisation was a success, this investigation examines and evaluates the first few years of collectivisation, assessing collectivisation’s

Report On The Use Of Facebook In The Organisation Including A Code Of Practice For Its Use

1095 words - 5 pages click on this a list of eight categories will drop down, you will be required to fill in all these details. Step 1. Your organisation, A list will drop down and you will pick the appropriate one (Bar) Step 2. Fill in Business place/Name Step 3. Street Step 4. City Step 5. Zip code (0000) for Ireland Step 6. Phone number Step 7. You will read the Facebook term and when you agree click the box. Step 8. Click (Get Started

Using Material From Item A And Elsewhere Assess The Usefulness Of Modernization Theory As An Explanation For Differences In The Levels Of Development Of Different Societies. (18 Marks)

811 words - 4 pages Using material from item A and elsewhere assess the usefulness of modernization theory as an explanation for differences in the levels of development of different societies. (18 marks) When the Second World War ended, it became clear that countries in Africa, Asia, Latin America and the Caribbean were remaining poor despite exposure to capitalism and the rational scientific ways of thinking that underpinned this economic system. There was

Outline The Process For Developing Nursing Standards Of Practice And Identify The Different Entities That Might Be Involved In Developing A Standard Of Practice

303 words - 2 pages When outlining the process for developing standards of practice the American Nurses Association relies on members as the first link in developing an official resource. Members are nominated to a working group that researches the issue at hand and writes a statement before going to the ANA for final approval. This bottom-up approach ensures the standards are current and accurately represent nurses across the nation (ANA 2014). The Department

You Are The Cfo Of A U.S. Firm Whose Wholly Owned Subsidiary In Mexico Manufactures Component Parts For Your U.S. Assembly Operations. The Subsidiary Has Been Financed By Bank Borrowings In The United...

296 words - 2 pages You are the CFO of a U.S. firm whose wholly owned subsidiary in Mexico manufactures component parts for your U.S. assembly operations. The subsidiary has been financed by bank borrowings in the United States. One of your analysts told you that the Mexican peso is expected to depreciate by 30 percent against the dollar on the foreign exchange markets over the next year. What actions, if any, should you take? Depreciation is a reduction in the

Related Essays

Creating A Plan For Positive Influence

591 words - 3 pages Creating a Plan for Positive Influence LDR/531 October 1, 2012 Christine Pettiford Lynette Grizelle The summer has ended and it is time to start planning for the 2013 summer program. With the planning on the way the center has hired four more team players to help run the center and help with the summer program plans. The team members are: Christine (the head coordinator), Dani (an employee for three years and has helped with the program

English Debate: The Need For Alternative Energy Resources

759 words - 4 pages l. First main change: The government needs to stop creating long term programs and start to focus on creating more short term programs that are easy to start up A. “I’m also issuing a new goal for America: Let’s cut in half the energy wasted by our homes and businesses over the next 20 years,” Obama said”-Brad Plumer, Washington Post (Pres. Plan to be more energy efficient) 1. The president is definitely thinking about renewable

Changing The Way Children Eat For A Better Tomorrow

1289 words - 6 pages Changing the Way Children Eat For a Better Tomorrow Changing the Way Children Eat For a Better Tomorrow The most important meal of the day for anyone is breakfast. Break-Fast, we go to sleep putting our body into a fasting state, once we awake our body looks for a food substance to break that fast; breakfast. “The federal child nutrition program feeds over 50 million children a day, 31.6 million of whom receive free lunches.” Fig. A USDA

Reaching The Masses: A New Innovative Product For Diabetics

2533 words - 11 pages Reaching the Masses: A New Innovative Product for Diabetics 1.0 Executive Summary Animas Corporation develops insulin pods to use with PDM (Personal Diabetes Manager) for diabetes who require the use of an insulin pump. This marketing plan illustrates our market segments and the strategies we are employing to get consumers and create a solid revenue stream. We are not just another developer of an insulin pump. Our unique focus of