Alberta Loblaw stores to run solely on renewable energy yyc
“This project delivers that by turning our highest carbon emitting energy market into our lowest, in one single step. Today’s announcement is a powerful example of private industry working together to bring scaled change to the energy transition.”The move will reduce Loblaw’s nationwide carbon emissions by 17 per cent and eliminate 180,000 metric tonnes of CO2, enough energy to power homes in a city the size of Lethbridge, said the company.
When there’s not sufficient wind or solar source to supply its stores, a hydro power backup that circulates water up-and-down-hill to store and generate power will fill the energy void, said Loblaw and TC Energy. “Our intrinsic power knowledge and experience drove our team to develop Canada’s first-ever 24X7 carbon-free energy product,” TC Energy president Francois Poirier said in a statement.Article content
“This means Loblaw – and other companies – can make huge strides to reduce their emissions – a goal we are all aligned to.” Loblaw didn’t say what the cost of the changeover would be or if it would impact its consumer prices.who accuse the retailer of profiteering amid sky-high inflation impacting grocery prices – due partly to limited competition.jumped 9.7 per cent in the fourth quarter last year to $13.7 billion, with $9.5 billion in food sales and $4.2 billion in drugstore sales.
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