Germany wants one million EVs by 2020
BERLIN, GERMANY - German Chancellor Angela Merkel and top executives of the country's main carmakers and energy companies are meeting in Berlin to launch a new initiative to develop electric vehicles.
The so-called "national platform for electric mobility" comes after Merkel pledged to have one million electric vehicles on the road within the next decade.
Merkel says there needs to be greater independence from natural resources. She is pushing sustainable technologies that will help limit the effects of climate change.
BMW AG's chief executive Norbert Reithofer says Germany is well positioned to become a technology leader in that market.
He says: "To make this happen, our leaders in politics and industry have to be pulling in the same direction."
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ATCO Electric agrees to $31 million penalty following regulator's investigation
CALGARY - Regulated Alberta utility ATCO Electric has agreed to pay a $31 million administrative penalty after an Alberta Utilities Commission investigation found it deliberately overpaid a First Nation group for work on a new transmission line, and then failed to disclose the reasons for it when it applied to be reimbursed by ratepayers for the extra cost.
An agreed statement of facts contained in a settlement agreement between ATCO Electric Ltd. and the commission's enforcement staff says the company sole-sourced a contract in 2018 for work that was necessary for an electric transmission line to Jasper, Alta.
The company that won…
