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Apple Announces $300 Million China Clean Energy Fund (bloomberg.com)

An anonymous reader quotes a report from Bloomberg: The iPhone maker said it's creating the fund to boost the use of renewable energy in its supply chain, which is primarily spread across regions in China. The company and 10 of its key suppliers and manufacturing partners, including Corning Inc., Pegatron Corp., Wistron Corp. and Luxshare Precision Industry Co., will contribute to the fund over the next four years, the Cupertino, California-based company said Thursday in a statement. The money will go toward developing projects totaling a gigawatt of renewable energy in China, Apple said. In 2015, Apple committed to using clean energy in its supply chain and has said it hopes to create 4 gigawatts of renewable energy globally by 2020, an increase from a goal of 3 gigawatts announced earlier this year.

4 of 52 comments (clear)

  1. Re:This is why I do not buy apple. by bug_hunter · · Score: 3, Insightful

    The American government recently is also pushing coal.
    And this news article is about Apple investing in renewables in China which hopefully gives renewables in China a boost.

    While Apple invests very little in manufacturing outside of China, they have invested a lot in campuses, data centres, software developers, retailers in America and other western cities - all of which are using renewable energy (or at least the usual allocation of renewable energy, an electron is an electron and all that).

    There are plenty of good reasons that Apple might not be the company for you, but I don't think the reasons you just gave justifies it.

    --
    It's turtles all the way down.
  2. What are you typing on?? by SuperKendall · · Score: 2

    Apple sells far more to the west esp America. Yet rather than invest in western nations

    Apple actually has factories in the U.S. producing computers. In fact it plans to contribute some 350 billion dollars to the U.S. over five years.

    Compare that to whoever made whatever you are typing on. They treated Chinese's workers a lot worse than Apple. They probably will not contribute 1/100th of what Apple will to the American economy just this year...

    You claims are laughable and your lack of self-awareness beyond belief.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
  3. Re:What if by ShanghaiBill · · Score: 2

    What if Apple stopped producing gizmos and the factory's no longer ran and we all went back to talking in person.

    Traveling to talk in person generates a lot more CO2 and other pollutants than talking on the phone. It also takes a lot more time. There is a reason that productivity and living standards have increased over the last century: Technology.

  4. Re:What if by ShanghaiBill · · Score: 2

    This is a "gift" to Americans as much as it is to China, since we all share the same atmosphere.

    Chinese manufacturers have a higher energy intensity than America, so more CO2 can be eliminated for the same money if it is invested there. What Apple is doing makes sense, and is better for everyone.