ECONOMIC POTENTIAL OF SUSTAINABLE ENERGY

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ECONOMIC POTENTIAL OF SUSTAINABLE ENERGY
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Energy is Money

•  BC has the potential ... create over 400 ,000
  temporary and permanent jobs involving smart
  power and smart end use over the next 30 years
  Source Sustainable Energy Solutions for BC
  (2006) by BC Sustainable Energy Association

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Job Creation from Energy Related Activities

• An energy efficiency investment, for example, can
  recirculate one-third to two-thirds more money
  locally than a comparable expenditure on energy
  supply.

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What are Neighbors Doing

• the Vancouver Landfill cogeneration (combined
  heat and power) facility is providing up to
• 310,000 in annual electricity revenues to the
  City of Vancouver and up to
• 110,000 annually in new tax revenue for the
  Corporation of Delta
• A study for a new development in Coquitlam found
  that an energy-efficient community design could
  deliver a 400 increase in local job
  opportunities.

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Another Example Municipal Rules Creating 1.75
Billion pound industry
Every borough must have a MertonRule x 425
Merton Rule all new developments must meet 10
of energy needs with onsite renewable energy
300,000,000
30,000
8kW-15kW Turbines
425,000,000
5,000
kWp PhotoVoltiac
1,000,000,000
400
CHP/Bio/GSH/Solar m2 Solar thermal
1,725,000,000
And jobs in Planning, Architecture, Marketing,
RD, Legal, etc
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IPCC WG3 on Economic Potential

• Future energy infrastructure investment
  decisions, expected to total over 20 trillion US
  between now and 2030.
• Initial estimates show that returning global
  energy-related CO2 emissions to 2005 levels by
  2030 would require a large shift in the pattern
  of investment, although the net additional
  investment required ranges from negligible to
  5-10

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Venture Capital In Cleantech

• January 16, 2007
• 2006 North American Cleantech Venture Investment
  Totals 2.9 Billion
• Cleantech Category Grows 78 Over 2005 Total
• Press Release from Cleantech Group, LLC
• ANN ARBOR, MI, Jan. 11, 2007
• Cleantech Venture Network(R) reported today that
  North American venture capital investment in the
  cleantech category totaled a record 2.9 billion
  for 2006, representing a 78 increase over 2005
  cleantech investment of 1.6 billion, and a 140
  increase over 2004 investment of 1.2 billion.