Jan 25 2011
The President of PepsiCo UK and Ireland called for reducing the complexity in statute laws related to renewable energy generation. A corporate campaign supported by over 160 business houses was founded recently to stress on the UK coalition government to make the reporting on green house gas discharges compulsory.
The campaign spearheaded by Richard Evans, PepsiCo UK & Ireland’s president, has requested the government to support the renewable energy investments of the industry with increased financial incentives for easy switch over to the use of renewable energy. He explained how the legislations such as, EU ETS, CCL, CRC, CCAs, and the most recent CPS, continue to be difficult to understand and hard to implement for the SME segment companies. He stressed for an initiative that can involve the SME segment, make them understand the need and take advantage of the renewable energy implementations. He suggested for more investments on renewable energy R&D to make them more cost-effective to implement. He suggested that the Government can motivate the investments on renewable energy by granting carbon benefits.
Evans explained that his company has shelved the development and use of a biomass CHP boiler utilizing oat husks at its Cupar Factory in Scotland as financially unviable under the present laws of the UK due to lack of incentives while it successfully runs a rice husk plant in India and CHP plants in Florida and Texas in USA.
He released the ‘path to zero’ environmental impact report of the company explaining the ambitious targets of the company to stop the use of fossil fuel in its day to day management, unplugging its dependence on main water mains, zero land fill practices and use of biodegradable, renewable and recyclable packing for all its products
Source: http://www.pepsico.co.uk/