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.”
From overseeing America’s fastest-growing speciality retailers to codifying cool, WWD talked to the women who are leading the way for the future of beauty. Check out our Instagram Stories to see how these women built today and are creating tomorrow. (📸: @hannah_khymych) #wwdbeauty
For @laperlalingerie's spring 2018 show, the brand chose to host their event at @thevenetianmacao. With Chinese megastars @bingbing_fan and @hubing in attendance, La Perla debuted a rock ‘n’ roll-inspired collection. The show marked the start of Sands Macao Fashion Week, which runs from October 19 to 24 — the city’s first such event. Pictured here are models backstage with glimmering eyes. #wwdfashion (📷: Cheuk-Yin To)
Trending for spring 2018: top stitch design. Gone are the days of stitch just for seams — designers are using the once-minimal detail to create strong decorative elements. (📷: Paola Testa; Styled by @andrew_shang) #wwdfashion
@tradesy is turning the concept of a showroom upside down with its new space in Santa Monica. Here, the company plans to hold events, art exhibits and a showcase rare fashion pieces like this Louis Vuitton boxing set. Get all the details on Tradesy’s first showroom on WWD.com. #wwdnews
Spotted last night at the @erdem x @hm launch event: Kate Bosworth, Rashida Jones, Kirsten Dunst and Selma Blair. The party, which took place in LA, also marked the opening of their pop-up shop. “I was interested in creating a collection that wasn’t in any way disposable. It was about pieces you’d create and keep forever, things that have a permanence to it,” designer Erdem Moralioglu said. #wwdeye (📷: Katie Jones)
Renee Zellweger in yellow in 2001 and again in 2017. Chosen as one of the 12 @pantone Leading Spring Colors (and dubbed “Meadowlark”), it only makes sense that the bright hue stands the test of time and is making a resurgence this season, seen already on stars like @blakelively and @gigihadid. (📷: Donato Sardello & @rexfeatures) #wwdfashion #tbt
Dior’s 70th anniversary celebration continues with a new exhibition at the Royal Ontario Museum in Toronto. “Christian Dior,” which is scheduled to run through March 18, takes a look at the founders tenure from 1947 to 1057 and feature 40 designs. Pictured here is an evening gown from the Ailée, fall 1948-49 haute couture collection. #wwdfashion (📷: Brian Boyle)