Disney is building on its Renewable Energy Plans for its Theme Parks around the world, and it’s not the only multinational ramping up company targets in order to achieve net zero emissions by 2030.
The most magical place on earth is about to get a lot more green…by powering the magic using the sun.
Walt Disney World, is the size of San Francisco city, approximately 30,500 acres.
In a bold move towards fighting the climate crisis, Disney is adding two new solar plants at Walt Disney World, Florida, alongside the solar farm already in operation (that is Mickey mouse shaped of course)
The facilities will produce almost half of the resort’s annual needs to power its four theme parks, 25 hotels and 2 water parks.
It’s expected to open in two years.
The Mickey Mouse shaped solar farm is one of four facilities that will provide renewable energy to the Walt Disney World resort in Florida.
Mickey Mouse isn’t the only guy powering the magic of Disney… sunny days before the fireworks, will bring more than just happy energy, it will power solar energy so the magic can go on.
Disney is revamping its renewable energy efforts, to reduce the carbon footprint of its theme parks, around the world.
“Through the innovative use of space, and with a touch of Disney magic, we are using the sun to conserve energy and power up in a responsible manner,” said Mark Penning, Disney’s vice president for Animals, Science and Environment at its theme parks division.
“Our new set of ambitious goals commit us to achieve net zero emissions for our direct operations by 2030.”
There are also new solar canopies being installed at Disneyland Paris that will provide shelter for 9,500 guest vehicles, as well as a solar facility that will provide about 70 per cent of the power used on Disney Cruise Line’s private island Castaway Cay in The Bahamas
The company’s total solar portfolio, can provide enough energy for 65,000 homes, or eight Magic Kingdom parks, for one year.
“Since 2009, Disney has operated under a long-term vision to reach net zero greenhouse gas emissions, and we’re just getting started,” Penning wrote in a blog post.
walt disney company unveils updated renewable energy targets
Greener Apple
Disney isn’t the only major company aiming to achieve net zero emissions by 2030
Apple is investing in clean energy projects and tech in the US and around the world.
Apple is carbon neutral for all of its operations in the US and around the world, and last year committed to be 100 percent carbon neutral for its entire supply chain and products by 2030. (SOURCE: APPLE)
Apple is also making industry-leading investments in new clean energy projects and green technology in the US and around the world.
Just last month, Apple announced a massive new US energy storage project in California’s Monterey CountY.
This joins other energy storage projects the company has invested in, including its microgrid at Apple Park.
RBA surprises with decision to maintain interest rates at 3.85%, impacting economic forecasts and housing market activity.
In Short:
The Reserve Bank of Australia has kept its cash rate at 3.85% despite concerns from the Housing Industry Association about its impact on new home construction. Although inflation is within target and there’s some market confidence, households are under financial strain amidst economic uncertainties.
The Reserve Bank of Australia has decided to maintain the cash rate at 3.85% following a split vote of six to three. This unexpected decision comes as the Housing Industry Association warns that these rates remain restrictive, potentially hindering new home building.
Senior economist Tom Devitt stated that the rates will delay necessary building activity but noted improved market confidence following previous rate cuts.
Current inflation data shows the RBA’s preferred measure has been declining and remains within the target range. However, household spending is under strain, with Australia experiencing a per capita recession since mid-2022.
Labour costs
The RBA’s decision was influenced by concerns over productivity growth and high unit labour costs, affecting its inflation outlook. While some economists anticipated a rate cut, the RBA opted for caution due to economic uncertainties, both domestically and internationally.
The bank acknowledged gradual recovery in private demand and household incomes but highlighted ongoing challenges in passing cost increases to final prices.
Despite the hold on rates, price rises in essentials like petrol continue to impact Australian households. The RBA emphasized the need for ongoing assessment before making future rate changes, suggesting a careful approach in response to evolving economic conditions.
Join Dr. Steve Enticott for essential tax tips to avoid costly mistakes this season and maximise deductions for 2025.
It’s that time of year again, and if you’re feeling overwhelmed, you’re not alone.
With so many moving parts, from missed deductions to misplaced receipts, small mistakes can lead to big losses.
Dr Steve Enticott from CIA Tax joins to break down what people forget most, which new deductions to know for 2025, and why a simple checklist can save you money.
Trump’s tax and spending bill passes Senate 51-50; faces House vote amid concerns over inequality and support cuts.
President Trump’s sweeping tax and spending bill has narrowly passed the U.S. Senate 51-50, with Vice-President JD Vance breaking the tie.
The bill promises big tax breaks, military boosts, and immigration crackdowns, while slashing support for Medicaid and low-income aid, a move critics say risks deepening inequality.
All eyes now turn to the House vote, where Trump’s political clout will face a fresh test.