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World gets 22% of energy from renewable sources

Here is an interesting report from the Wall Street Journal, with some nice graphics that show who is leading the way in transitioning to renewable energy sources.

Green bonds to finance new North Vancouver Island hospitals

I was interviewed by Bloomberg News  and The Comox Valley Record on the subject. Click on the links for more background.

The bonds are called green because the hospitals will be built according to rigorous environmental standards. The BC Government can finance this project a little more cheaply by mandating these environmental standards for the project. Green bonds are becoming increasingly popular with investors around the globe.


The changing face of capitalism 1

This article might surprise some in the ‘all-corporations-are-evil’ camp.

Ex-Bank of Canada Governor Mark Carney blasts “radical”, “fundamentalist” capitalism

The former Bank of Canada Governor (now Governor of the Bank of England) has come forward to condemn what he calls “unchecked market fundamentalism.”  See excerpts from his speech to the Conference for Inclusive Capitalism here…

Toyota issues ‘Green Bonds’ to help investors finance growth of hybrid vehicle market

New ‘green bonds’ bonds will allow companies such as Toyota to get better financing mechanisms in place for getting their hybrid, electric and alternative energy cars out to the masses.

See more here…

Barrick Gold named in $6 billion class action suit

I wrote about the problems Barrick could face with their massive Pascua Lama project 8 years ago. The project would have removed portions of a glacier supplying drinking water to the area’s residents in order to access the gold deposit underneath.

Now this… a perfect example of the risks faced by corporations that fail to address environmental and social considerations.

Barrick trucks in Chile


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