April 24, 2006
Walmart To Go Green
The New York Times highlights an interview with Wal-Mart’s chief executive suggesting that the sheer size of the retail organizations can actually accelerate the eco movement.
Wal-Mart plans to spend $500 million a year to, among other initiatives, reduce its greenhouse gases, build more energy-efficient stores and reduce packaging waste, even longtime naysayers have to take notice…. Mr. Lee Scott [the CEO] says, Wal-Mart’s size “enables us to help create markets for clean technologies that exist today, but don’t yet have fully established markets… If Wal-Mart started using or selling those items all of a sudden, there would be enough scale that those would be viable alternatives,” he added.





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