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California Steps Closer to 100% Renewable Energy Target By 2045
The California Assembly Utilities and Energy Committee approved Senate Bill 100 (SB100) moves the state closer to its goal of 50 percent renewable energy by 2030 and 100 percent clean energy by 2045.
If SB100 passes into law, California would join Hawaii as the only state in the United States to move away from fossil fuel dependency and have a target of generating 100 percent of all electricity from clean and renewable energy sources.
“Senate Bill 100 reflects not only our state’s commitment to reduce climate and air pollution, it builds on our ingenuity and the strength of our workforce. Now that SB100 has passed the Assembly Utilities & Energy Committee, it is critical to move it quickly to the floor and the governor’s desk,” Kathryn Phillips, Sierra Club California Director stated.
California has the largest GDP in the U.S. at $2.4 trillion in 2015 accounting for almost 14 percent of the nation’s GDP, and so large in fact that it is ranked sixth largest economy in the world, bigger than the economies of entire nations. A goal to become completely renewable will have an impact on the economy – positive or negative is still anyone’s guess, and depends on whom you ask.
The state currently produces on average 500,000 barrels of oil per day making it the third largest oil and gas producing state in the U.S. A transition to renewables won’t be easy; governments find it difficult to leave resources in the ground and say no to quick cash and job creation (something even Canadian Prime Minister Justin Trudeau – touted as one of the world’s ‘greenest’ leaders – couldn’t even do).
However should the law pass in California, it will send a strong message that other states – and other countries – won’t be able to ignore. – Jennifer Nini
Amazon First Aussie Warehouse Located in Melbourne
Just a couple of months after American retail giant Amazon acquires Whole Foods, the company continues its expansion plans – only this time in the land down under.
It has picked an industrial area 42 kms (26 miles) from Melbourne, in the suburb of Dandenong, as its first warehouse location. The release of these new details today confirms that the Seattle-based retailer is coming after Aussie customers. Beware Australian retail businesses.
In April, the powerhouse retailer confirmed plans it would bring its shopfront service, Amazon Marketplace, to Australia – but didn’t provide clue as to when and where it would start the process. But with announcement hat it has found its first warehouse spot, the nightmare officially begins for Australian retailers.
“This is just the start,” said Robert Bruce, Amazon’s director of operations for Australia, in a statement.
“Over time, we will bring thousands of new jobs to Australia and millions of dollars of investment as well as opening up the opportunity for thousands of Australian businesses to sell at home and abroad through Amazon Marketplace.”
Bruce also revealed it would stock “hundreds of thousands of products which will be available for delivery to customers across Australia”.
With a population of just 24 million, Australia’s economy is the world’s 12th largest. It makes sense for Amazon to try and cash in on this lucrative market. The only question is – what does that spell for Australian small to medium-sized retail businesses? – Jennifer Nini
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