951 Small FIT Contracts Offered by Ontario Power Authority
Ontario's clean energy economy continues to grow as the Ontario Power Authority (OPA) offers 951 new Small Feed-in Tariff (FIT) renewable energy contracts. In total, these new contracts will add 146.5 megawatts of power, which is more than enough power to give 21,000 homes electricity. The majority of these contract offers (934 projects) were for […]
Reactions to The U.S. Bioeconomy Blueprint: Innovation and concerns loom on the horizon.
The 2012 U.S. National Bioeconomy Blueprint was announced on April 26th with the purpose of assessing strategic objectives to maximise on the U.S. bioeconomy potential and to highlight ongoing efforts to meet those objectives. However, many are concerned that the blueprint predominantly focuses on economic development while insufficiently addressing regulations to minimise social and environmental impact. The […]
Renewable Energy Incentives: Accelerated Capital Cost Write-offs and Canadian Renewable and Conservation Expenses (CRCE) Program
There is an interesting tax incentive for the renewable energy industry which could compensate for the removal of capital from the SR&ED expenditure base: a category of deductible expenses for companies undertaking project development through the Canadian Renewable and Conservation Expenses (CRCE) program. At the moment, the CRA allows for accelerated capital cost write-offs on capital expenditures […]
Toronto Public Forum: North America’s Energy Future, April 18
The Commission for Environmental Cooperation (CEC) has organized a public forum, North America’s Energy Future: Powering a Low-carbon Economy for 2030 and Beyond, through their Joint Public’s advisory Committee with a collection of energy experts from Canada, Mexico and the U.S. to discuss and answer questions regarding the current and future state of renewable energy […]
Energy News Round-Up
Energy Future Heading North Recent talk in the Canadian energy sector has been pointing to Nunavut as representing “the future of the country’s energy sector” (see Nunatsiaq News and The Globe and Mail). Eva Aariak, Premier of Nunavut, spoke on March 14th at the Arctic Oil and Gas Symposium in Calgary to present Nunavut as […]
New High-Tech CO2 Absorption System to Reduce Greenhouse Gases
With the help of the Ontario government, Pond Biofuels is piloting a new CO2 absorption system at St. Marys Cement. The new system will reduce greenhouse gases by absorbing dirty smokestack emissions, and grow algae which can be used in oil production, can be converted into biodisel and bioplastics, or act as a renewable coal […]
Renewable Energy and Clean Technology
When it comes to renewable energy, there’s no doubt that this is one of the fastest growing energy markets currently in the world. And with good reason – our non-renewable resources are running out, while with renewable energy, we will always have the sources of the energy, whether it be the sun, the wind, etc. […]