Many sustainable investors will see the chaos in Ecuador as a sign of what happens when we take a chaotic approach to mining. In a nutshell, the government has threatened to pull the plug on 4,474 mining concessions throughout the country.
As of last Friday, the Ecuadorian government announced a 180-day suspension of activities on virtually all mining concessions in the country while a new mining law is approved. Read the rest of this entry »
Renewable energy companies in BC are jockeying for position in BC Hydro’s 2008 clean power call expected to be announced any time now. The call is an effort on BC Hydro’s part to align with the BC Energy Plan, which was released in February of 2007. The Plan mandates that as energy demand increases over the next couple of decades, BC should continue to generate 90% of its electricity from clean or renewable sources. Maintaining at 90% renewable electricity is a pretty steep goal, but the plan asks for more than that. It also stipulates that although BC is currently a net importer of electricity, by 2016 BC should be energy self-sufficient.
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