Firstly, there was huge news this week with respect to China. China has indicated that they will put a carbon trading program in place.
This is earth-shattering for several reasons:
1. It places China higher in the ranks of green than say Canada and the US.
2. It adds significant momentum to blooming business of carbon trading - estimated to be a $30B industry by 2010 (get on board!)
Secondly, I found this company called Gexa Energy, operating out of Texas.
They offer a 'green' energy plan at 16 cents per kWh. The green plan is generated 100% clean. Classicaly prices are around 10 to 14 cents depending on contract-length, etc in Texas.
The company is performing extremely well financially - in 2003 they pulled $2.5M in profit off of $115M in revenue.
This company gives a lot of hope for the future of alternative energy and its marketability. People seem to be willing to pay a slight premium to 'go-green'.
The Go-Green movement is gaining steam. Governments need to create market-solutions, get out of the way and let it happen on its own.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment