Latest news with #RichardBlack
Yahoo
07-05-2025
- Business
- Yahoo
Teremana Tequila and INOArmor Team up for Earth Day to Launch New Revolutionary Sustainable Travel Packaging
Natural silk-based travel retail bags debut in Frankfurt, as both brands push to eliminate plastic waste New York, New York--(Newsfile Corp. - May 7, 2025) - In celebration of Earth Day, Teremana® Tequila and packaging innovator INOArmor™ have teamed up to unveil a new sustainable packaging initiative for global travel retail. Debuting in Frankfurt, Germany, Teremana® and INOArmor will offer limited-edition biodegradable gift bags that are designed to eliminate plastic waste, while maintaining the premium experience consumers expect from the brand. Sustainable packaging by INOArmor™ for Teremana® Tequila To view an enhanced version of this graphic, please visit: The new packaging incorporates INOArmor's proprietary "silk pillow" technology, a natural, impact-resistant, and biodegradable material proven to absorb 7X more impact than traditional bubble wrap. In addition to offering enhanced protection for the bottle, the new bag is designed with repurpose in mind: it's not only biodegradable, but also reusable and giftable, reducing the need for incremental packaging. This thoughtful solution offers a durable, eco-conscious alternative to traditional foam and plastic, aligning with Teremana®'s ongoing commitment to responsible practices from production to packaging. "This collaboration with INOArmor is a powerful extension of Teremana®'s commitment to doing things the right way: with care, innovation, and purpose," says Richard Black, CEO of Teremana® Tequila. "It reflects our ongoing effort to lead with integrity and create more sustainable ways to share Teremana® with the world." The initiative is grounded in the spirit of 'Sharing the Mana', a philosophy at the heart of Teremana® Tequila, bringing people together through gratitude, sharing good energy and doing the right thing for the communities and the planet. At Teremana®, that means crafting tequila with care and partnering with those who share these values. Sustainability has long been a core focus, with 100% of leftover agave fibers being turned into compost for the agave fields. Together with INOArmor, Teremana is proud to take another step forward in reducing environmental impact and delivering a more sustainable experience for the community. "We're humbled to have partners like Teremana® who are committed to sustainability and doing what's right. INOArmor started with a passion for protecting people and we have grown into a company protecting the planet. We are excited to help customers share the Mana around the world with INOArmor," shared Co-Founder and CEO of INOArmor Charlie Maddock.


CBC
08-04-2025
- Business
- CBC
Renewables provided record share of global electricity in 2024
Social Sharing For the first time, renewable energy plus nuclear — sources that don't directly emit greenhouse gases — generate more than 40 per cent of global demand for electricity, says a new report from an international research group. Renewable power generation provided a record 32 per cent of global electricity last year, while nuclear power contributed nine per cent, down slightly from 9.1 per cent in 2023, a report by energy think-tank Ember said on Tuesday. Overall electricity demand grew four per cent, driven by heat waves and data centres. Solar energy is doubling every three years globally, says Richard Black, policy head at Ember Energy, a European research group. Nearly half the growth is in China, but the curve is up in many regions, including California and Texas in the U.S., Hungary, Spain, Chile and Pakistan, he said. Energy security fears, exacerbated by a trade war prompted by U.S. President Donald Trump's sweeping tariffs, could further boost demand for renewable power this year, Ember electricity and data analyst Euan Graham told Reuters. WATCH | Tariff threats reopen clean energy, pipeline debates: Tariff threats reopen clean energy, pipeline debates 29 days ago Duration 1:59 The tariffs have sent markets from energy and equities plummeting and stoked concerns about a global recession. Graham said though it was too early to tell whether the tariff fallout would impact electricity demand this year, renewable power could benefit. "Countries are thinking about their security and energy security more than ever before, and I think that means homegrown renewable power like wind and solar becomes more and more attractive," he said. The growth of renewable power generation — including wind, hydro and solar — in the global electricity mix in 2024 beat the previous year's 30 per cent record, Ember's Global Electricity Review showed. "Despite geopolitical and economic headwinds, the renewables industry delivered an additional 858 TWh of generation to the system last year — more than the combined annual electricity consumption of the U.K. and France," Bruce Douglas, CEO of the Global Renewables Alliance, said in a statement accompanying the report. WATCH | What if we put solar panels on every roof in the world? What if we put solar panels on every roof in the world? 25 days ago Duration 2:30 AI, electrification, heat waves drive up power demand The rise in electricity consumption for artificial intelligence, data centres, electric vehicles and heat pumps contributed 0.7 per cent of the global demand growth last year, the report showed. Heat waves in 2024 increased electricity demand for cooling, which added a further 0.7 per cent, or 208 terrawatt hours (TWh), to the global total, it said. Electricity generation from oil, gas and coal still climbed last year with unprecedented heat waves blistering the U.S., China and India, boosting demand for cooling. "That increase in demand during those very hot periods accounted for almost all of the increase in fossil fuel generation last year," Black said. WATCH | Delhi records all-time record temperature of 52.9 C: Delhi records all-time record temperature of 52.9 C 10 months ago Duration 2:15 Gas power plants contributed 22 per cent of global electricity production, little changed from 2023. Coal remained the largest source of generation, providing 34 per cent of the global share, down from 36 per cent. Canada lags in solar and wind Nicole Dusyk. senior policy adviser at the International Institute for Sustainable Development, a Canadian think-tank, says 70 per cent of Canada's electricity comes from renewables, but the growth of solar and wind is slower here than the global average. She suggests that's due to the abundance of cheap hydroelectric resources that have already given Canada a very clean grid. But with electrification growing, she says provinces need to remove barriers to renewable growth. "They are the cheapest form of electricity, and so if we increase the share of wind and solar on our grids, it will drive down [electricity] costs for Canadians," she said.
Yahoo
25-02-2025
- Business
- Yahoo
Cheap Chinese Panels Fueling Solar Boom in Global South
Facing trade barriers in the U.S. and other wealthy nations, Chinese solar firms are exporting cheap panels to poorer countries, fueling a surge in solar installations in parts of the developing world. Data from energy think tank Ember details the rise of Chinese solar exports as poorer countries are taking advantage of cheap solar to shift away from costlier or less reliable sources of power. In Pakistan, farms and factories are installing rooftop panels to cope with rising energy costs. Last year, Pakistan imported enough Chinese solar panels to expand its total power capacity by a third. A similar shift is underway in southern Africa, where locals are turning to solar as drought saps hydropower. Last year, the region suffered its worst mid-season dry spell in more than a century. When hydropower began to stutter, Zambia's government called for a 'solar explosion,' moving ahead on a slate of new projects that, if completed, would raise its power capacity by a third. A report from Ember last year detailed how China is building solar panels faster than they can be deployed domestically. For manufacturers, the solution lies in broadening their market overseas, particularly in the developing world. The glut of cheap solar means poorer countries can speed their shift away from fossil fuels while shoring up their supply of energy, said Ember analyst Richard Black. He added, 'It's one of those rare times when there's a win for just about everyone.'