Google Donates $2.65M to Energy Foundation; Mercy Investment Files Shareholder Resolution to Reduce Energy Waste; Deloitte’s Detroit Office Awarded LEED Gold - Energy Minute for January 23, 2013

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Keywords: Alternative Energy | Deloitte | Energy Foundation | Google | Hewlett-Packard | LEED | Mercy Investment Services | Schmidt Family Foundation | U.S. Green Building Council

Google Donates $2.65M to Energy Foundation; Mercy Investment Files Shareholder Resolution to Reduce Energy Waste; Deloitte’s Detroit Office Awarded LEED Gold - Energy Minute for January 23, 2013

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Press Release
Wednesday, January 23, 2013 - 4:30pm

Google has donated $2.65 million to the Energy Foundation to encourage policy reforms that lead to more intelligent energy use. The grant will support efforts in three areas: developing smarter electricity rates, the creation of better demand generation programs, and open data policies that let customers see their energy data in more detail. The Energy Foundation describes its mission as promoting a sustainable energy future by advancing energy efficiency and renewable energy. Other backers include the charitable organizations started by both founders of Hewlett-Packard and the Schmidt Family Foundation of Google's executive chairman, Eric Schmidt. Since 2010, Google has backed projects representing about 2 gigawatts in clean energy policy. The company is also aligned with the Alliance to Save Energy which champions the cause of energy efficiency

Mercy Investment Services has filed a shareholder resolution with Continental Resources, an oil developer, asking that the company adopt goals to reduce or eliminate the flaring of natural gas in its operations. The burning off, or flaring, of natural gas produced as a byproduct from oil wells has expanded dramatically with the rapid growth in domestic oil production. Widespread flaring across millions of acres, especially in key oil shale regions of North Dakota and Texas, burns off enough energy each day to heat half a million homes. Excessive flaring of natural gas also affects regional air quality, creating significant greenhouse gas emissions that investors seek to reduce.

Deloitte’s Detroit office building has been awarded a Gold Level Certification for Leadership in Energy and Environmental Design—LEED—from the U.S. Green Building Council. Deloitte is the first Renaissance Center tenant to earn LEED certification, and also the first commercial interior project in Detroit to achieve LEED Gold status. The award was achieved by implementing environmentally sound design elements, including reduced water and energy consumption through low flow fixtures, occupancy sensors, Energy Star-rated equipment, and greater access to natural light sources. In addition, the office’s air quality, materials, furniture, and finishes met the environmental standards required for certification. Detroit’s is the 14th Deloitte office in the U.S. to receive LEED certification.

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