WASHINGTON — Wal-Mart Stores Inc., Apple, Yahoo and Home Depot are among 300 businesses, local and state governments that have pledged to expand their use of solar energy technology by 2020, President Obama said Friday while standing inside a Wal-Mart store in Northern California.
Obama revealed their pledge as he touted Wal-Mart’s new commitment to double the number of on-site solar energy projects at its U.S. stores, Sam’s Clubs and distribution centers as part of a broader announcement he made to upgrade energy use in federal buildings. Obama made the visit to the solar-powered Wal-Mart store in Mountain View, Calif., to unveil a new executive order generating an additional $2 billion in federal funding to increase the use of solar panels in federal buildings over the next three years, in addition to an earlier commitment of $2 billion in 2011.
“We know that making buildings more efficient is one of the easiest, cheapest ways to create jobs, save money and cut down on harmful pollution that causes climate change,” Obama said. “It can save our businesses tens of billions of dollars a year on their energy bills. Then they can use money to grow and hire more folks. At Wal-Mart, you’ve committed to reducing energy consumption across 850 million square feet of space. That’s a lot. That’s enough to cover more than half of the city of San Francisco.”
Obama also praised General Motors for pledging to improve energy efficiency in 31 plants, as well as cities such as Little Rock, Ark., Kansas City, Mo., and Detroit, which have all replaced regular street lights with more efficient LEDs.
But Obama singled out Wal-Mart for its leadership in the energy efficiency area.
“Wal-Mart has already got the most installed on-site solar capacity of any company in America,” he said. “And now you’ve announced plans to double that capacity, and it’s all part of your goal to buy or produce 7 billion kilowatt hours of renewable energy by 2020 — something that could save Wal-Mart $1 billion a year in energy costs.”
Bill Simon, president and chief executive officer of Wal-Mart U.S., said, “We share the President’s commitment to a sustainable energy future and applaud his willingness to partner with business on this important issue. We know from experience that investing in energy innovation allows us to save money, reduce carbon pollution and create jobs.”
Wal-Mart also said it signed on to the Energy Department’s Better Building Initiative, committing to reduce the energy use in its buildings by 20 percent by 2020.
Obama, who launched the Better Business Initiative three years ago, said Friday that 190 businesses and organizations have signed on.
“On average, they’re on track to meet their goal — cutting energy use by 2.5 percent every single year,” Obama said. “Together, they’ve already saved $300 million in energy costs. So we know it works.”
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)
@Pharrell and his wife Helen Lasichanh were among the stars that came out to celebrate @rimowa’s first pop-up concept shop. The space, which is located on Rodeo Drive in Beverly Hills, draws inspiration from airport luggage carousels and lounge areas – and features the company’s luggage and accessories. If the pop-up is successful it could pave the way for addition temporary shops throughout the world. #wwdfashion (📷: Owen Kolasinski/BFA)
@carineroitfeld celebrated @crfashionbook’s first calendar last night with a dinner party at Spring Place in Manhattan. Photographed by @stevenkleinstudio, the calendar takes on a fitness theme and features @joansmalls, @gigihadid, @danielle_herrington_ – pictured here – and more. “[Carine Roitfeld] wanted me to feel sexy and she wanted me to be myself and feel it out on my own and do what I felt was right,” said Herrington, aka Miss October. #wwdeye
@saintrecords and @virgilabloh last night at @americanexpress’ “A Night With Success Makers” event. “I always bring it back to community because without that I wouldn’t have the courage,” said Knowles when asked how she has gotten where she is now. Read more highlights from their conversation on WWD.com. #wwdeye (📷: @lizdoupnik)
This Just In: Industry sources have told WWD that Anastasia Soare is rumored to be considering selling her beauty business, @anastasiabeverlyhills. According to those sources, Soare has tapped investment bank Imperial Capital to explore sale options for her eponymous beauty brand –– and with at least $340 million in net sales, this would be a big deal. Put in context of other recent transactions for makeup companies, Soare’s price tag could be in the billions if she were to sell the whole thing. #wwdnews #wwdbeauty (📷: @clint_spaulding)
@assouline’s latest book, “The Spirit of Bentley: Be Extraordinary” captures the adventurous attitudes and opulent lifestyles of @bentleymotors’ most creative owners and enthusiasts throughout the U.K. The 292-page hardcover has a section dedicated to showing its team of skilled artisans and photos of its most colorful owners, from George Bamford to designer @alicetemperley, pictured here by Aline Coquelle. #wwdeye
@google released its report on the most popular search terms this year. For fashion brands, the list was led by @gucci, the luxury brand that stunned the market last October when it pledged to stop using fur. Runner ups were @supremenewyork and @fashionnova, along with more established brands like @louisvuitton, @chanelofficial and @ysl. #wwdfashion (📷: @aitorrosasphoto)
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)