Siemens eyes 46 billion euros in green sales
GERMANY - Siemens aims to generate sales of more than 40 billion euros US $56 billion from its green technologies and products by 2014, Europe's biggest industrial conglomerate said.
It said revenue from environment portfolio was around 28 billion euros in its fiscal year to Sept 30, 2010 compared with slightly less than 27 billion euros the year before.
A bellwether of the euro zone's largest economy, Siemens has achieved earlier than planned its original target of generating green revenue of at least 25 billion euros in 2011.
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Ontario confronts reality of being short of electricity in the coming years
TORONTO - In a fit of ideological pique, Doug Ford’s government spent more than $200 million to scrap more than 700 green energy projects soon after winning the 2018 election, portraying them as “unnecessary and expensive energy schemes.”
A year later, then Associate Energy Minister Bill Walker defended the decision, declaring, “Ontario has an adequate supply of power right now.”
Well, life moves fast. At the time, scrapping the renewable energy projects was criticized as short-sighted and wasteful. It seems especially so now as Ontario confronts the reality of being short of electricity in the coming years.
How short? A recent report by…
