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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Canada will need more electricity to hit net-zero: IEA report
TORONTO - Canada will need more electricity capacity if it wants to hit its climate targets, according to a new report from the International Energy Agency (IEA).
The report offers mainly a rosy picture of Canada's overall federal energy policy. But, the IEA draws attention to Canada's increasing future electricity demands, and ultimately, calls on Canada to leverage its non-emitting energy potential to hit its climate targets.
"Canada's wealth of clean electricity and its innovative spirit can help drive a secure and affordable transformation of its energy system and help realize its ambitious goals," stated Fatih Birol, the IEA executive director, in…
