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This seaside town will power thousands of homes with waves

News Feed
Tuesday, November 19, 2024

NEWPORT, Ore. — At a moment when large offshore wind projects are encountering public resistance, a nascent ocean industry is showing promise: wave energy.It’s coming to life in Newport, a rainy coastal town of nearly 10,500 people located a couple of hours south of Portland. Home to fishing operators and researchers, Newport attracts tourists and retirees with its famous aquarium, sprawling beaches and noisy sea lions. If you ask anyone at the lively bayfront about a wave energy project, they probably don’t know much about it.And yet right off the coast, a $100 million effort with funding from the Energy Department aims to convert the power of waves into energy, and help catch up to Europe in developing this new technology. The buoy-like contraptions, located several miles offshore, will deliver up to 20 megawatts of energy — enough to power thousands of homes and businesses.As federal officials look to shift America’s electricity grid away from fossil fuels, they are seeking alternatives to solar and wind, which can only deliver energy when the sun shines or the wind blows. Waves — constant and full of untapped energy — have emerged as a promising option. And because wave energy projects are relatively unobtrusive, they’re far less controversial than offshore wind, which has generated fierce opposition on both U.S. coasts. In September, the Biden administration announced up to $112.5 million would go toward the development of wave energy converters, the largest federal investment in marine energy.There’s enough energy in the waves off America’s coasts to power one third of all the nation’s homes, said Matthew Grosso, the Energy Department’s director of the water power technologies office.Spanning 2.65 square miles and located seven miles out from shore, the PacWave test site is expected to be a “game changer for marine energy,” he said in an interview.Under the water, subsea connectors are waiting to be plugged in like extension cords to wave energy converters developed by teams around the world. With deep-sea offshore testing, companies will see how much power these energy converters can produce, whether they can hold up in rough ocean conditions, what environmental impacts they might have and how the devices will interact with each other.PacWave, a project of Oregon State University (OSU), represents a necessary step for commercializing wave energy, experts said.“The research that’s been done in the past 15 years is reaching the point of what we can do just in labs or in theory,” Grosso said. “We’ve got to start testing some of this stuff out and see what works and what doesn’t.”How wave energy worksUnlike other forms of renewable energy, engineers have not yet settled on a single model of wave energy converters. While wind turbines have converged into the three-blade turbine shape, there’s many types of wave energy converters in development, turning the motion of the wave into electrical energy in different ways.You can feel the energy in the waves, when it laps at the shore or when it rocks your boat. Created by wind over the sea, it’s one part of the ecosystem of renewable energy that’s available to us. But since waves don’t move in a linear motion, they’re harder to capture energy from than the flow of wind over a turbine, for example.One wave energy converter may not work in all environments, either — models can vary based on the depth of water and conditions the converter will operate in. Some use rotating cylinders; some are buoys that move up and down with the waves; others look like snakes with joints that move when waves roll through.But all of these devices use the oscillating or orbital motion of a wave to generate an electrical current, explained PacWave Chief Scientist Burke Hales, in the same way that turbines use rotations to generate a current.With four different berths, the site can host devices by multiple developers at once. The cables carrying the electricity are buried under the seafloor, running 12 miles diagonal to the shoreline to avoid a rocky reef. On land, an operating site measures the energy output and sends the energy to the Central Lincoln power utility.Because there’s no wave energy converters plugged in yet, there’s still a clear view of the horizon from Newport’s beaches. But even the larger devices are unlikely to be visible to the naked eye once they’re there in the new year.Coexisting with fisheriesThe PacWave site sits where crabbers set out their pots to catch Dungeness crab, one of the West Coast’s most important seafood species. And yet, unlike an offshore wind project a hundred miles down the coast that sparked strong opposition, most residents are either unaware of the wave energy project or support it. The fact that the project is limited, and unlikely to spur commercial activity offshore that could damage the town’s fishing economy, has helped its cause.When deciding where to locate the project, Newport won out for its proximity to OSU’s main campus in Corvallis and the local fishing fleet’s openness to the idea. The town also hosts the National Oceanic and Atmospheric Administration’s Marine Operations Center for the Pacific, which has its own research fleet.PacWave also brought the promise of jobs, said Belinda Batten, who conducted outreach for PacWave when she directed the Energy Department’s Northwest National Marine Renewable Energy Center. Many here remember how NOAA’s move to Newport in 2011 created employment opportunities.Perhaps most importantly, OSU already had a strong relationship with the community given the marine center in town, according to Charlie Plybon, who lives in Newport and is the Oregon senior policy manager for the nonprofit Surfrider Foundation.It took years of outreach and many town hall meetings for Batten, who now serves as a senior adviser to the OSU provost, and Kaety Jacobson, Lincoln County commissioner and a fisherman’s daughter, to cement their trust with the community. When they assembled some fleet members to decide the site, it took all of 10 minutes for the crabbers to draw a plot on a map of the ocean for a location that could work for everyone involved.That area was important fishing grounds for the fleet, said crabber Bob Eder. In his button-down shirt and sneakers, Eder knows he doesn’t look like a stereotypical fisherman, but he’s one of the most well-respected crabbers in the fleet and still goes out in the waters every season at the age of 73. The PacWave site could represent a loss of hundreds of thousands of dollars for the fleet every crabbing season, he said. On the navigation system in his boat, he pointed to a map that showed he had previously crabbed in the area that was now off limits.But the operators agreed to give it up for the sake of the experiment.Eder, a representative of the fishing community during the process, said that the agreement with Oregon State was a show of goodwill from the fishing community, whose members care about the environment and want to preserve their livelihood.“[Climate change] definitely affects those of us whose work is directly involved with the environment,” he said. “And so every fishery is at an environmental risk.”Where wave energy could thriveIn states like Oregon, where an abundance of renewable energy has lowered the price of electricity to around 3½ cents per kilowatt hour, wave energy isn’t a competitive option. The first large-scale commercial wave energy project, by contrast, is expected to produce electricity costing 12 to 47 cents per kilowatt hour.But in small, remote communities that depend on more expensive diesel fuel, wave power could ease energy woes.“There’s remote communities in Alaska where everyone is running on diesel generators, they’re not on the grid, they have no electrical system,” said PacWave Director Dan Hellin.The wave industry first has to overcome several challenges. The consensus in the industry is that wave energy’s development is 20 years behind that of wind. But Tim Ramsey, the Energy Department’s marine energy program manager, pointed out that wind began to take off at that point, in the early 2000s.In addition, putting something into offshore waters usually requires extensive federal permitting, which can take years. That’s why this test site is important for developers — PacWave’s operation offers a site that has already earned the necessary approvals.In order for wave energy to be economically viable, developers need to lower its cost. Technological advancements can help, and just as solar and wind energy have received government subsidies, federal support could help get wave energy off the ground.Members of the Newport fishing fleet — even those who aren’t fans of the project — have hope that this renewable energy offers possibilities.Crabber Bob Kemp, 75, said he isn’t thrilled that he won’t be able to fish for crab in that part of the ocean anymore, but he’s counting on the researchers to make good use of the space they’ve taken.“I want to make sure the project has some kind of pressure on it to keep going and not just [move on] like a contractor moves on to a new house,” Kemp said. “I want them to stay on that.”

A test site off the Oregon coast could be key to unlocking wave power in the United States. Surprisingly, residents aren’t opposed.

NEWPORT, Ore. — At a moment when large offshore wind projects are encountering public resistance, a nascent ocean industry is showing promise: wave energy.

It’s coming to life in Newport, a rainy coastal town of nearly 10,500 people located a couple of hours south of Portland. Home to fishing operators and researchers, Newport attracts tourists and retirees with its famous aquarium, sprawling beaches and noisy sea lions. If you ask anyone at the lively bayfront about a wave energy project, they probably don’t know much about it.

And yet right off the coast, a $100 million effort with funding from the Energy Department aims to convert the power of waves into energy, and help catch up to Europe in developing this new technology. The buoy-like contraptions, located several miles offshore, will deliver up to 20 megawatts of energy — enough to power thousands of homes and businesses.

As federal officials look to shift America’s electricity grid away from fossil fuels, they are seeking alternatives to solar and wind, which can only deliver energy when the sun shines or the wind blows. Waves — constant and full of untapped energy — have emerged as a promising option. And because wave energy projects are relatively unobtrusive, they’re far less controversial than offshore wind, which has generated fierce opposition on both U.S. coasts. In September, the Biden administration announced up to $112.5 million would go toward the development of wave energy converters, the largest federal investment in marine energy.

There’s enough energy in the waves off America’s coasts to power one third of all the nation’s homes, said Matthew Grosso, the Energy Department’s director of the water power technologies office.

Spanning 2.65 square miles and located seven miles out from shore, the PacWave test site is expected to be a “game changer for marine energy,” he said in an interview.

Under the water, subsea connectors are waiting to be plugged in like extension cords to wave energy converters developed by teams around the world. With deep-sea offshore testing, companies will see how much power these energy converters can produce, whether they can hold up in rough ocean conditions, what environmental impacts they might have and how the devices will interact with each other.

PacWave, a project of Oregon State University (OSU), represents a necessary step for commercializing wave energy, experts said.

“The research that’s been done in the past 15 years is reaching the point of what we can do just in labs or in theory,” Grosso said. “We’ve got to start testing some of this stuff out and see what works and what doesn’t.”

How wave energy works

Unlike other forms of renewable energy, engineers have not yet settled on a single model of wave energy converters. While wind turbines have converged into the three-blade turbine shape, there’s many types of wave energy converters in development, turning the motion of the wave into electrical energy in different ways.

You can feel the energy in the waves, when it laps at the shore or when it rocks your boat. Created by wind over the sea, it’s one part of the ecosystem of renewable energy that’s available to us. But since waves don’t move in a linear motion, they’re harder to capture energy from than the flow of wind over a turbine, for example.

One wave energy converter may not work in all environments, either — models can vary based on the depth of water and conditions the converter will operate in. Some use rotating cylinders; some are buoys that move up and down with the waves; others look like snakes with joints that move when waves roll through.

But all of these devices use the oscillating or orbital motion of a wave to generate an electrical current, explained PacWave Chief Scientist Burke Hales, in the same way that turbines use rotations to generate a current.

With four different berths, the site can host devices by multiple developers at once. The cables carrying the electricity are buried under the seafloor, running 12 miles diagonal to the shoreline to avoid a rocky reef. On land, an operating site measures the energy output and sends the energy to the Central Lincoln power utility.

Because there’s no wave energy converters plugged in yet, there’s still a clear view of the horizon from Newport’s beaches. But even the larger devices are unlikely to be visible to the naked eye once they’re there in the new year.

Coexisting with fisheries

The PacWave site sits where crabbers set out their pots to catch Dungeness crab, one of the West Coast’s most important seafood species. And yet, unlike an offshore wind project a hundred miles down the coast that sparked strong opposition, most residents are either unaware of the wave energy project or support it. The fact that the project is limited, and unlikely to spur commercial activity offshore that could damage the town’s fishing economy, has helped its cause.

When deciding where to locate the project, Newport won out for its proximity to OSU’s main campus in Corvallis and the local fishing fleet’s openness to the idea. The town also hosts the National Oceanic and Atmospheric Administration’s Marine Operations Center for the Pacific, which has its own research fleet.

PacWave also brought the promise of jobs, said Belinda Batten, who conducted outreach for PacWave when she directed the Energy Department’s Northwest National Marine Renewable Energy Center. Many here remember how NOAA’s move to Newport in 2011 created employment opportunities.

Perhaps most importantly, OSU already had a strong relationship with the community given the marine center in town, according to Charlie Plybon, who lives in Newport and is the Oregon senior policy manager for the nonprofit Surfrider Foundation.

It took years of outreach and many town hall meetings for Batten, who now serves as a senior adviser to the OSU provost, and Kaety Jacobson, Lincoln County commissioner and a fisherman’s daughter, to cement their trust with the community. When they assembled some fleet members to decide the site, it took all of 10 minutes for the crabbers to draw a plot on a map of the ocean for a location that could work for everyone involved.

That area was important fishing grounds for the fleet, said crabber Bob Eder. In his button-down shirt and sneakers, Eder knows he doesn’t look like a stereotypical fisherman, but he’s one of the most well-respected crabbers in the fleet and still goes out in the waters every season at the age of 73. The PacWave site could represent a loss of hundreds of thousands of dollars for the fleet every crabbing season, he said. On the navigation system in his boat, he pointed to a map that showed he had previously crabbed in the area that was now off limits.

But the operators agreed to give it up for the sake of the experiment.

Eder, a representative of the fishing community during the process, said that the agreement with Oregon State was a show of goodwill from the fishing community, whose members care about the environment and want to preserve their livelihood.

“[Climate change] definitely affects those of us whose work is directly involved with the environment,” he said. “And so every fishery is at an environmental risk.”

Where wave energy could thrive

In states like Oregon, where an abundance of renewable energy has lowered the price of electricity to around 3½ cents per kilowatt hour, wave energy isn’t a competitive option. The first large-scale commercial wave energy project, by contrast, is expected to produce electricity costing 12 to 47 cents per kilowatt hour.

But in small, remote communities that depend on more expensive diesel fuel, wave power could ease energy woes.

“There’s remote communities in Alaska where everyone is running on diesel generators, they’re not on the grid, they have no electrical system,” said PacWave Director Dan Hellin.

The wave industry first has to overcome several challenges. The consensus in the industry is that wave energy’s development is 20 years behind that of wind. But Tim Ramsey, the Energy Department’s marine energy program manager, pointed out that wind began to take off at that point, in the early 2000s.

In addition, putting something into offshore waters usually requires extensive federal permitting, which can take years. That’s why this test site is important for developers — PacWave’s operation offers a site that has already earned the necessary approvals.

In order for wave energy to be economically viable, developers need to lower its cost. Technological advancements can help, and just as solar and wind energy have received government subsidies, federal support could help get wave energy off the ground.

Members of the Newport fishing fleet — even those who aren’t fans of the project — have hope that this renewable energy offers possibilities.

Crabber Bob Kemp, 75, said he isn’t thrilled that he won’t be able to fish for crab in that part of the ocean anymore, but he’s counting on the researchers to make good use of the space they’ve taken.

“I want to make sure the project has some kind of pressure on it to keep going and not just [move on] like a contractor moves on to a new house,” Kemp said. “I want them to stay on that.”

Read the full story here.
Photos courtesy of

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How Promote Giving, a New Investment Model, Will Raise Millions for Charities

Joel Holsinger, a partner at Ares Management Corp., on Wednesday launched Promote Giving, an initiative encouraging investment managers to donate a portion of their fees to charity

The first foreign trip Joel Holsinger took in 2019 after joining the board of directors at the global health nonprofit PATH convinced him that he needed to do more to raise money for charities.The investment manager, who is now also a partner and co-head of alternative credit at Ares Management Corp., saw firsthand how a tuberculosis prevention program was helping residents of Dharavi, India's largest slum. He also saw that the main hurdle to expanding the program’s success was simply a lack of funding.“I wanted to do something that has purpose,” Holsinger told The Associated Press. “I wanted a charitable tie-in to whatever I do.”Shortly after returning from India, Holsinger created a new line of investment funds where Ares Management would donate at least 5% of its performance fee, also known as the “promote,” to charities. The first two funds of the resulting Pathfinder family of funds alone have raised more than $10 billion in investments and, as of June, pledged more than $40 million to charity.Holsinger wanted to expand the model further. On Wednesday, he announced Promote Giving, a new initiative to encourage other investment managers to use the model, which launches with funds from nine firms, including Ares Management, Pantheon and Pretium. The funds that are now part of Promote Giving represent about $35 billion in assets and could result in charitable donations of up to $250 million over the next 10 years.Unlike broader models like ESG investing, where environmental, social and governance factors are taken into account when making business decisions, or impact investing, where investors seek a social return along with a financial one, Promote Giving seeks to maximize the return on investment, Holsinger said. The donation only comes after investors receive their promised return and only from the manager's fees. “We’re not doing anything that looks at lower returns,” Holsinger said. “It’s basically just a dual mandate: If we do good on returns for our institutional investors, we will also drive returns that go directly to charity.”Charities, especially those who do international work, are in the midst of a difficult funding landscape. The dismantling of the U.S. Agency for International Development and massive cuts to foreign aid this year have affected nearly all nonprofits in some way. Those nonprofits who don't normally receive funding from the U.S. government still face increased competition for grants from organizations who saw their funding cut.Kammerle Schneider, PATH’s chief global health programs officer, said this year has shown how fragile public health systems are and has reinforced the need for “agile catalytic capital” that Promote Giving could provide.“There is nothing that is going to replace U.S. government funding,” said Schneider, adding that the launch of Promote Giving offers hope that new private donors may step in to help offer solutions to specific public health problems. “I think it comes at a time where we really need to look at the overall architecture of how we’re doing this and how we could be doing it better with less.”Sal Khan, founder and CEO of Khan Academy, which offers free learning resources for teachers and students, says the structure of Promote Giving could provide nonprofits stable income over several years that would allow them to spend less time fundraising and more time on their charitable work. “It's actually been hard for us to raise the philanthropy needed for us to have the maximum impact globally,” said Khan. While Khan Academy has the knowledge base to expand rapidly around the world and numerous countries have shown interest, Khan said the nonprofit lacks enough resources to do the expensive work of software development, localization and building infrastructure in every country.Khan hopes Promote Giving can grow into a major funder that could help with those costs. "We would be able to build that infrastructure so that we can literally educate anyone in the world,” he said.Holsinger hopes for that kind of growth as well. He envisions investment managers signing on to Promote Giving the way billionaires pledge to give away half their wealth through the Giving Pledge and he hopes other industries will develop their own mechanisms to make charitable donations part of their business models. 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EU's Von Der Leyen Says Private Sector Deals Could Unlock 4 Billion Euros for Western Balkans

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Offshore oil plan was 'primed for cash flow,' but then it hit California regulators

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Sable, the lawsuit claims, “was at best misinformed, incompetent and incorrect” when it came to understanding and adhering to the California Water Code. “At worst, Sable was simply bamboozling the Regional Water Board to meet a critical deadline,” according to the lawsuit.The action comes less than a month after the Santa Barbara County district attorney’s office filed criminal charges against the company, accusing it of knowingly violating state environmental laws while working on repairs to oil pipelines that have sat idle since a major spill in 2015. The company also faces legal challenges from the California Coastal Commission, environmental groups and even its own investors. 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Work Advice: How to avoid ‘workslop’ and other AI pitfalls

AI at work has drawbacks such as ‘workslop,’ which can hinder productivity. Strategic AI use and transparency are top solutions.

Following my response to a reader who’s resisting a push to adopt artificial intelligence tools at work, readers shared their thoughts and experiences — pro, con and resigned — on using AI.The consensus was that some interaction with AI is unavoidable for anyone who works with technology, and that refusing to engage with it — even for principled reasons, such as the environmental harm it causes — could be career-limiting.But there’s reason to believe that generative AI in the office may not be living up to its fundamental value proposition of making us more productive.A September article in Harvard Business Review (free registration required) warns that indiscriminate AI use can result in what the article dubs “workslop”: “AI-generated work content that masquerades as good work but lacks the substance to meaningfully advance a given task.”Examples of workslop include AI-generated reports, code and emails that take more time to correct and decipher than if they had been created from scratch by a human. They’re destructive and wasteful — not only of water or electricity, but of people’s time, productivity and goodwill.“The insidious effect of workslop is that it shifts the burden of the work downstream,” the HBR researchers said.Of course, workslop existed before AI. We’ve all had our time wasted and productivity bogged down by people who dominate meetings talking about nothing, send rambling emails without reviewing them for clarity or pass half-hearted work down the line for someone else to fix. AI just allows them to do more of it, faster. And just like disinformation, once workslop enters the system, it risks polluting the pool of knowledge everyone draws from.In addition to the literal environment, AI workslop can also damage the workplace environment. The HBR researchers found that receiving workslop caused approximately half of recipients to view the sender as “less creative, capable and reliable” — even less trustworthy or intelligent.But, as mentioned above, it’s probably not wise — or feasible — to avoid using AI. “AI is embedded in your everyday tasks, from your email client, grammar checkers, type-ahead, social media clients suggesting the next emoji,” said Dean Grant from Port Angeles, Washington, whose technology career has spanned 50 years. The proper question, he said, is not how to avoid using it, but what it can do for you and how it can give you a competitive advantage.But even readers who said they use AI appropriately acknowledged its flaws and limitations, including that its implementation sometimes takes more effort than simply performing the task themselves.“[H]ow much time should I spend trying to get the AI to work? If I can do the task [without AI] in an hour, should I spend 30 minutes fumbling with the artificial stupid?” asked Matt Deter of Rocklin, California. “At what point should I cut my losses?”So it seems an unwinnable struggle. If you can’t avoid or opt out of AI altogether, how do you make sure you’re not just adding to the workslop, generating resentment and killing productivity?Don’t make AI a solution in search of a problem. This one’s for the leaders. Noting that “indiscriminate imperatives yield indiscriminate usage,” the HBR article urges leaders encouraging AI use to provide guidelines for using it “in ways that best align to the organization’s strategy, values, and vision.” As with return-to-office mandates, if leaders can articulate a purpose, and workers have autonomy to push back when the mandate doesn’t meet that purpose, the result is more likely to add value.Don’t let AI have the last word. Generating a raw summary of a meeting for your own reference is one thing; if you’re sharing it with someone else, take the time to trim the irrelevant portions, highlight the important items, and add context where needed. If you use AI to generate ideas, take time to identify the best ones and shape them to your needs.Be transparent about using AI. If you’re worried about being judged for using AI, just know that the judgment will be even harsher if you try to pass it off as your own work, or if you knowingly pass along unvetted information with no warning.Weigh convenience against conservation. If we can get in the habit of separating recyclables and programming thermostats, we can be equally mindful about our AI usage. An AI-generated 100-word email uses the equivalent of a single-use bottle of water to cool and power the data centers processing that query. Knowing that, do you need a transcript of every meeting you attend, or are you requesting one out of habit? Do you need ChatGPT to draft an email, or can you get results just as quickly over the phone? (Note to platform and software developers: Providing a giant, easy-to-find AI “off” switch wouldn’t hurt.)Step out of the loop once in a while. Try an AI detox every so often where you do your job without it, just to keep your brain limber.“I can’t deny how useful [AI has] been for research, brainstorming, and managing workloads,” said Danial Qureshi, who runs a virtual marketing and social media management agency in Islamabad, Pakistan. “But lately, I’ve also started to feel like we’re losing something important — our own creativity. Because we rely on AI so much now, I’ve noticed we don’t spend as much time thinking or exploring original ideas from scratch.”Artificial intelligence may be a fact of modern life, but there’s still nothing like the real thing.Pro Tip: Having trouble getting started with AI? Check out Post Tech at Work reporter Danielle Abril’s brilliant articles on developing AI literacy.

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Conservation
Technology

Richard Tice has 15-year record of supporting ‘net stupid zero’ initiatives

Firms led by deputy Reform UK leader since 2011 have shown commitment to saving energy and cutting CO2 emissionsUK politics live – latest updatesHe never seems to tire of deriding “net stupid zero”, but Reform UK’s deputy leader, Richard Tice, has a 15-year business record of support for sustainability and green energy initiatives.The Reform party has made opposition to green energy and net zero part of its policy platform. Its founder, Nigel Farage, has called net zero policies a “lunacy”; the party has called to lift the ban on fracking for fossil gas; and one of the first Reform-led councils, Kent, rescinded last month its declaration of a climate emergency. Continue reading...

He never seems to tire of deriding “net stupid zero”, but Reform UK’s deputy leader, Richard Tice, has a 15-year business record of support for sustainability and green energy initiatives.The Reform party has made opposition to green energy and net zero part of its policy platform. Its founder, Nigel Farage, has called net zero policies a “lunacy”; the party has called to lift the ban on fracking for fossil gas; and one of the first Reform-led councils, Kent, rescinded last month its declaration of a climate emergency.However, companies led by Tice since 2011 boasted of their commitments to saving energy, cutting CO2 emissions and environmental responsibility. One told investors it had introduced a “green charter” to “mitigate our impact on climate change” and later hired a “full-time sustainability manager” as part of “its focus on energy efficiency and sustainability”.Another said it was “keen to play its part in reducing emissions for cleaner air” and said it had saved “hundreds of tonnes of CO²” by installing solar cells on the rooftops of its properties.A glance at Tice’s account on X reveals contempt for warnings of climate breakdown and efforts to mitigate it. Last year he said: “We are not in climate emergency; nor is there a climate crisis.” In May he stated: “Solar farms are wrong at every level” and insisted they would “destroy food security, destroy jobs [and] destroy property values”.He recently adopted the slogan “net stupid zero”, describing efforts to neutralise the UK’s fossil fuel emissions as “the most costly self-inflicted wound in modern British history”.But Steff Wright, a sustainability entrepreneur and former commercial tenant of Tice, found that statements in the annual reports from CLS Holdings and Quidnet Reit, property companies led by Tice, contradicted his public position.Wright said: “These reports reveal that Tice can clearly see the financial, social and environmental benefits of investing time, money and energy into sustainability focused initiatives.“He is a businessperson, and if he has chosen to be a chief executive of at least two companies who have taken steps to reduce carbon emissions and implement energy-efficient innovations, it’s because there is a business case to do so.”In 2010, the year Tice joined CLS Holdings as deputy chief executive, the company said it was committed to “a responsible and forward-looking approach to environmental issues” by encouraging, among other things, “the use of alternative energy supplies”. The following year, when Tice was promoted to chief executive, the company implemented the green charter and hired a sustainability manager. In 2012, CLS celebrated completing its “zero net emissions” building, adding: “The board acknowledges the group’s impact on society and the environment and … seeks to either both minimise and mitigate them, or to harness them in order to affect positive change.”In the company’s 2013 report, climate change was identified as a “sustainability risk”, requiring “board responsibility”, “dedicated specialist personnel” and “increased due diligence”. The company’s efforts were rewarded in 2014, when it was able to tell shareholders it had exceeded its CO2 emissions reduction targets.Tice launched Quidnet Reit, a property investment company, the following year. When it published its first full accounts, covering 2021, Tice was also chair of Reform UK, and already setting out his stall against “net stupid”. But for his company, fossil fuel emissions remained a priority.The 2021 report stated: “The company is keen to play its part in reducing emissions for cleaner air,” and detailed investments in solar power which “importantly … will reduce CO² emissions by some 70 tonnes per annum”.Quidnet’s emissions reduction efforts continued into 2022 and 2023, with the company stating both years that its solar investments were “saving hundreds of tonnes of CO²” a year. However, after a Guardian report last year covered some of Quidnet’s environmental commitments, no mention was made of them in last year’s report.skip past newsletter promotionThe planet's most important stories. Get all the week's environment news - the good, the bad and the essentialPrivacy Notice: Newsletters may contain information about charities, online ads, and content funded by outside parties. If you do not have an account, we will create a guest account for you on theguardian.com to send you this newsletter. You can complete full registration at any time. For more information about how we use your data see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply.after newsletter promotionWright said: “Solar initiatives and other energy efficiency schemes have benefited Tice’s property companies whilst he was in charge, but now … there is a political advantage to gain Tice is all too happy to label these schemes as ‘perilous’ for investors.”Tice said critics were “in danger of confusing apples with pears”, insisting the comparisons revealed no contradiction. “I have never said don’t reduce emissions, be they CO2 or other, and where sensible use technology to do so efficiently,” he said.“Solar panels on roofs, selling electricity to tenant[s] underneath are [an] excellent double use of [a] roof and involve no subsidies. Solar farms on farmland is insane, involves large public subsidies and often include dangerous [battery energy storage] systems.”Tice said that when he ran CLS, net zero was not a legal requirement. “My issue has always been the multibillion subsidies, fact that renewables have driven electricity prices higher, made British industries uncompetitive and destroyed hundreds thousand jobs,.“Also in annual reports, because of [the] madness of ESG, so banks and shareholder became obsessed with emissions so companies felt pressured to report on all this. ESG is also mad, stands for Extremely Stupid Garbage, and is now rapidly sensibly being abandoned by many companies and banks.“So my position has been clear and logical and never involved subsidies. Big difference.”

Business
Climate
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