Big Spending

Microsoft Opens $550 Million Green Datacenter

Sept. 26, 2008 - Microsoft has flipped the switch on a top-of-the-line computing facility in San Antonio, Texas, that the computer giant is calling its "most power-efficient datacenter to date."

Diageo Plans $120 Million Bioenergy Project for Largest U.K. Distillery

Aug. 14, 2008 - Beverage maker Diageo, corporate parent of the Johnny Walker, Tanqueray, and Baileys brands, is pouring more than $120 million into an on-site renewable energy plant at its massive distillery in Scotland - the largest single investment in renewable technology by a non-utility company in the U.K.

Toyota to Add "Symbolic" Solar Panels to Some Prius Models

July 8, 2008 - Toyota is making the "symbolic gesture" of mounting solar panels on some next-generation Prius hybrids, Reuters reports.

Bayer Sets New Goals for Climate Products

July 1, 2008 – Bayer has issued the first progress report on its new suite of climate-related products and services, launched in November. The initial results of the $1.46 billion Bayer Climate Program have been outlined in the company’s 2007 sustainability report.

PG&E Bets Billions on Plug-in Vehicle Trend

June 13, 2008 - With Volkswagen, Nissan, and Toyota planning electric-vehicle rollouts by 2010, Pacific Gas & Electric CEO Peter Darbee says his company is ready to spend billions on plug-in stations to service the new cars, Reuters reports.

BP to Pour $8 Billion into New Renewable Energy Technologies

May 21, 2008 - Three months after hinting it may jettison its alternative energy unit, BP says it will invest $8 billion over the next ten years to develop new renewable energy technologies, according to the company's latest sustainability report.

Renault, Nissan Set to Invest $1 Billion in Electric Cars

May 12, 2008 - Renault and Nissan, which in January signed a deal with California firm Project Better Place to begin mass-producing electric cars, may pour as much as $1 billion into the venture, Reuters reports.

P&G on the Lookout for "Sustainable Innovation" Products

March 28, 2008 - Proctor & Gamble aims to develop a $20 billion market over the next five years for what it calls "sustainable innovation" products - products that perform 10% better than their competitors in one of six environmental categories. Peter White, P&G's head of sustainability, told ClimateChangeCorp.com that the company is re-evaluating everything from detergents to diapers in an effort to create greener products that will appeal to consumers.

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