we c.a.r.e.

 2014-10-21 (canadian association for renewable energies) There are “many potential supply mixes” to facilitate wind energy in Canada and “the vast majority of them are much less greenhouse gas intensive” than described in a study commissioned by the nuclear industry. The literature review of lifecycle assessment of wind, nuclear and natural gas generation claims that emissions from wind and nuclear are similar, with the exception of GHG emissions where wind produces “distinctly less” emissions than nuclear. The nuclear study claims that nuclear can be less GHG intensive than a scenario where wind and natural gas jointly generate power. The Canadian Wind Energy Association says wind can partner with hydroelectric, solar or energy storage and DSM technologies and, “by choosing to focus on only one scenario, the study failed to consider a broad range of equally or more plausible scenarios for the future evolution of Canada's electricity grid.” GHG emissions must be “an increasingly important consideration in the selection of future sources” of electricity, but CanWEA adds that the cost-competitiveness of new generation sources and their overall environmental performance and economic benefits are also important. Wind is cheaper than new nuclear reactors and is cost-competitive with new hydroelectric facilities, and is not subject to commodity and carbon price risks facing natural gas.

 
2014-10-21 (canadian association for renewable energies) The 140 MW solar PV facility in Kingston was one of the top asset finance transactions of the third quarter of this year, at $525 million, according the latest ‘Global Trends in Clean Energy Investment’ produced by Bloomberg New Energy Finance. Total investment in Canada was $1.9 billion in Q3, up from $1.3 bn in Q2, and compares with $7.3 bn in the US, down from $10.7 bn in Q2 but up from $5.7 bn in Q3 of last year. Global investment in renewables totalled $175 bn in the first three quarters of 2014 “as the sector shows signs of a worldwide recovery after a two-year slump,” with most of the increase in China and Japan. Support fell to an eight-year low in Europe. “There is no room for complacency because clean energy investment of between $200 bn and $300 bn a year is not large enough to herald the rapid transformation of the power system that experts say is required if the world is to see a peak in CO2 emissions around 2020,” the report notes.
 

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