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How Disney will power its theme parks with solar energy



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.

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When will airfares begin to fall?



As the global aviation market rebounds, airlines are changing their service offerings

Over 46 million workers in the global aviation sector lost their jobs as global aviation came to a grinding halt at the onset of the pandemic.

However, Geoffrey Thomas from said passengers have returned to airport terminals and boarded flights in droves.

“When travelled returned, many of us wondered what sort of low airfares will we have to be charged to entice people back onto airplanes.”

In February 2023, total traffic (measured in revenue passenger kilometres) rose 55.5 per cent when compared to February 2022.

Globally, traffic is at 84.9 per cent of February 2019 levels.

“It was a stampede, the likes of which we have never seen before,” Mr Thomas said.

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The worst of inflation could be behind us



The unprecedented nature of the pandemic continue to shape international fiscal policy

As reserve banks and federal reserves continue to battle the impacts of Covid-19, inflation has become a dominate issue.

In some parts of the world, rising household costs have slowed consumer spending by more than expected.

It means the end of aggressive rate hikes could come to an end in a matter of months.

In Australia, recent data from the Australian Bureau of Statistics confirmed inflation has passed its peak and is beginning to moderate.

The numbers show annual inflation peaked in December 2022 but will still remain higher for longer than anticipated.

Matt Grudnoff is a Senior Economist at The Australia Institute, who said these are uncharted waters.

“I don’t think they should be fully blamed.

“The pandemic was an entirely different kind of recession, one that we have never seen before.

“The world went into recession because the world shut down for very good health reasons.

“But the economy rebounded extremely quickly, simply because there was no underlying problem with the economy,” he said.

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“I think there is a great risk”: will AI steal our jobs?



Artificial Intelligence has become an increasingly powerful and pervasive force in our modern world.

Artificial intelligence is not a new concept. However, the growing advancements have the potential to revolutionise industries, improve efficiency, and enhance the quality of life.

Along with its promising advancements, artificial intelligence also brings certain risks and challenges that must be acknowledged and addressed.

It has become the focus of lawmakers, who are working towards greater regulation of the sector.

U.S. and European Union officials recently met in Sweden to weigh up the benefits and challenges of artificial intelligence, and other emerging technologies.

“The AI process is creeping up on us,” said Dr Keith Suter, who is a global futurist.

“You’ve got competition between companies.”

It’s almost like some of us can see this raft that’s heading towards the rapids and a disappearance towards the waterfall, and we’re giving a warning but it’s not being heeded because everybody’s in this race to get down to the river,” Dr Suter said.

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