Posts Tagged ‘electricity’

Will they do it? The World Bank is divided on providing loans for dirty fuel

Today the World Bank (WB) will make a decision on whether or not to provide $3.7 billion worth of loans to South African – based power utility Eskom, the world’s fourth largest power company and Africa’s largest carbon emitter (with 40% of South Africa’s total emissions).  Spotty electricity supply which have caused billions of dollars [...]

Canada and oil: Street hustler vs. Addiction Counsellor

Three of the biggest oil companies in Canada are projected to receive more in corporate tax cuts than what the Harper government plans to spend on green initiatives, an analysis by the NDP concludes.  The analysis estimates that Encana, Canadian Natural Resources Ltd. and Imperial Oil will benefit from more than $440 million in tax [...]

OPG posts sharp increase in net profits from 2008-2009

Earlier this week Ontario Power Generation (OPG) released their 2009 financial results and the news is good.  Net income for the year was $623 million compared to net income of $88 million for the year ended December 31, 2008.  Well this is some good news.  Tom Mitchell, President and CEO of OPG, attributes this to [...]

Luring investors with a guarantee

On January 29, 2010 a grouping of venture capitalists, green energy enthusiasts and energy industry insiders will be convening in Toronto to discuss the Green Energy Act (GEA) and its newly established Feed-in Tariff program (FIT). The GEA Finance Forum will present financial sector attendees with information about the investment opportunities presented by the new [...]

'Time of use pricing' will help us all

If you throw in a load of laundry at five o’clock on a weekday afternoon, it will cost you 73 cents. But if you delay that chore until late in the evening, you’ll pay just 34 cents. Ontario is the first province in Canada to introduce time-of-use pricing designed to encourage electricity consumers to reduce [...]

8 effective eco-ads

I read a great post this week over at enviralment about the greening of Mcdonald’s, and the length that companies will go to sell themselves off as eco-conscious. There is no question that advertising, and branding work. Daily we are bombarded by more than 2000 messages telling us how we can improve every little insignificant [...]

Do we need a smart grid?

Smart grids whats the deal? Endless surveys suggest that consumers would embrace them enthusiastically. Barack Obama is a big fan: he rated them as one of the highlights of America’s stimulus bill, which lavished $3.9 billion on them. Businesses, not to be out done, are investing with at an alarming rate. No one, it seems, [...]

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