What is Corporate Welfare

Canada Green Economy Facts and FiguresBy: Paul Young, CPA, CGA

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This presentation is on perspective when it comes to green economy in Canada

Paul Young - Presenter

BioCPA/CGA25 years of experience in Academia, Industry and Financial solutionsYoutube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

AgendaWhat is a Green EconomyCharacteristics of Green EconomyAreas of focusCanada EconomyWindSolarBattery/storageMicro gridsCap and tradeCorporation strategy

Green Economy - DefinitionThegreen economyis defined as asustainable economyand society withzero carbon emissionsand aone-planet footprintwhere all energy is derived fromrenewable resourceswhich are naturally replenished. A green economy rigorously appliesthe triple bottom line of people, planet and profitsacross all corporations at themicroeconomic leveland throughout the entire economy at themacroeconomic level. In contrast to a green economy, a traditional black energy economy is based on carbon-intensive fossil fuels such as coal and petroleum. By definition, alow-carbon economyis distinct from a green economy because it still generatescarbon emissions.

https://greeneconomygroup.com/company/green-economy-definition/5

Green Economy - Characteristicsan energy infrastructure with zero carbon emissions that ispowered 100 percent by renewable energy made possible through a combination of proven, renewable energy technologies; breakthrough cleantech solutions; as well as enabling regulation andcarbon marketsthe water, waste and wastewater infrastructure is based on long-termsustainabilityThe preservation and protection of the worldsecosystems,biological diversityandforestsin partnership withindigenous peoplesand all relevant stakeholders through the creation of sustainable governance models, markets and business models for delivering, maintaining and paying forecosystem servicessustainedand successfuladaption to climate changeat a local, regional and global level.

https://greeneconomygroup.com/company/green-economy-definition/6

Green Economy - CharacteristicsFuelsBiomassCarbon capture and storage/Carbon markets and renewable energy creditsClimate change adaptation servicesDistributed generationEcosystem servicesEnergy efficiency, recycling, conservation, software and controlsEnergy storage, batteries and fuel cellsGeothermal energyGreen designGreen ITGreen buildings, materials and construction productsGreen transportation technologies and green vehiclesHydropower/Ocean powerREDDSmart gridSolar energySustainable and organic agriculture, food and productsWaste management.Wastewater management/Waste-to-energyWater and water technologiesWind energy

https://greeneconomygroup.com/company/green-economy-definition/7

Canada Clean Energy Market44B/year80% of the market is exportsGrowing at 8-10%Key ProgramsSDTCCarbon taxes (Ontario, BC, PQ)

Canadas GDP

FactsOil sands are 2% of GDP or about 40B annuallyRetail Sales2/3 of the economyUtilitiesHydro largest generation sourceManufacturingMetal fabricationMachineryPower GenerationRaw MaterialsConstructionSteel FramingCementGlass

1. Stats Canada9

Wind Power

FactsRaw MaterialsNickel (Stainless SteelChromiteCopper WiringFabricationLaborRaw MaterialsPowerOverheadDelivery/InstallationTruck (diesel/natural gas)

http://www.irena.org/DocumentDownloads/Publications/RE_Technologies_Cost_Analysis-WIND_POWER.pdf

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Solar Power

FactsRaw MaterialsSiliconFabricationLaborRaw MaterialsPowerOverheadDelivery/InstallationTruck (diesel/natural gas)

Solar Panels - http://www.madehow.com/Volume-1/Solar-Cell.html

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Battery StorageVanadiumExtraction/processing/fabrication/delivery/installationLithium Extraction/processing/fabrication/delivery/installation

Environmental issuesLithiumElemental lithium is flammable and very reactive. In nature, lithium occurs in compounded forms such as lithium carbonate requiring chemical processing to be made usable.Lithium is typically found in salt flats in areas where water is scarce. The mining process of lithium uses large amounts of water. Therefore, on top of water contamination as a result of its use, depletion or transportation costs are issues to be dealt with. Depletion results in less available water for local populations, flora and fauna.Toxic chemicals are used for leaching purposes, chemicals requiring waste treatment. There are widespread concerns of improper handling and spills, like in other mining operations around the world.The recovery rate of lithium ion batteries, even in first world countries, is in the single digit percent range. Most batteries end up in landfill.In a 2013 report, the U.S. Environmental Protection Agency (EPA) points out that nickel and cobalt, both also used in the production of lithium ion batteries, represent significant additional environmental risks.VanadiumToxic metal/tailingsDisposing of vanadium batteries

http://www.kitco.com/ind/Albrecht/2014-12-16-How-Green-is-Lithium.htmlhttp://www.sciencedirect.com/science/article/pii/B9780444522726006619http://investingnews.com/daily/resource-investing/industrial-metals-investing/vanadium-investing/vanadium-articles-2015/http://www.sciencedirect.com/science/article/pii/S037877539800249312

Microgridsis a discrete energy system consisting of distributed energy sources (including demand management, storage, and generation) and loads capable of operating in parallel with, or independently from, the main power grid

http://www.energy.gov/articles/how-microgrids-workhttps://www.google.ca/search?q=microgrid+diagram&espv=2&biw=1600&bih=751&tbs=qdr:y&tbm=isch&imgil=hUokfuKqsXLz7M%253A%253B1LEHeRojtoB-aM%253Bhttp%25253A%25252F%25252Fwww.energy4humandevelopment.com%25252F2015%25252F08%25252Fmicrogrid-global-innovation-forum-2015.html&source=iu&pf=m&fir=hUokfuKqsXLz7M%253A%252C1LEHeRojtoB-aM%252C_&usg=__MuReWCaiAIB0hC6N57FW44yMLvM%3D&dpr=1&ved=0ahUKEwi5i6CKyPzMAhUIeCYKHTGnDpkQyjcINA&ei=JnNJV7ngBYjwmQGxzrrICQ#imgrc=hUokfuKqsXLz7M%3A13

Carbon Taxation/Cap and TradeCarbon Tax/PricingAdds cost through out the supply chain Consumer Prices go up2/3 of the economy is consumer spendingUtility Costs goes upAdds to cost of monthly utility billsCap and TradeLarge polluters buy more creditsThere is no clear link that cap and trade reduces emissionsTax grab by government masked as climate change

http://www.redding.com/opinion/columnists/cap-and-trade-program-not-meeting-expectations-3335cbdb-1dc5-4f95-e053-0100007fe46a-380287261.htmlhttp://timetogetsmarter.org/what-we-face/why-cap-and-trade-wont-get-the-job-done/14

Corporation / SustainabilityAreas of focusReducing carbon footprintSolar panels on office buildings, warehouses, mining operations and production facilitiesReducing waste to land fillsElimination of paper

1. http://www.ethicalcorp.com/how-businesses-are-engaging-sustainable-development-goals15

Other Sources:Clean Technology Paris Climate change - https://www.youtube.com/watch?v=OuHaWUnTIQoOntario Cap and Trade - https://www.youtube.com/watch?v=KHglhOPtmrcCanada Clean Tech Market - https://www.youtube.com/watch?v=zdMwQ7QsNcI