Solar Bancorp. Clean Climate Group

By: Solar Bancorp  09-12-2011
Keywords: Renewable Energy, Solar Energy

Solar Bancorp’s advisory staff has participated in the development of corporate policies that have created markets innovative solar energy production and solar energy storage usage. Our staff participates in the development of project-based designs to reduce the use of fossil fuels, and help to implement the rules governing the project-based mechanisms incorporated in the notion of sustainable economies. Cities, countries and major corporations have sought advice on creating solar and wind and biomass renewable energy projects.

Advisory partners assist the company’s global base of clients in Europe, Canada and the U.S. to assess the economic opportunities and to develop strategies to manage risk and capture opportunities. We also work with clients to help them understand the impacts of policy design on market performance and provide them with intelligence regarding market and technology evolution of re-newable energy.

But what's the real cost of using coal, oil and natural gas once damage to the environment has been factored in? Researchers calculated that the annual cost of powering Earth with coal, natural gas, and petroleum is about three trillion U.S. dollars—or $15.58 for each gigajoule of energy generated from these traditional fuels.

Their research takes present rates of energy consumption and factors in the cost of declining air and water quality, the impact of global warming on insurance premiums, and the declining quality of life.

By contrast, if the world switched to energy from solar it would mean significantly lower greenhouse-gas emissions, no ozone depletion, no acid rain, much lower pollution—and a higher quality of life.

The information in this article was current at 06 Dec 2011

Keywords: Renewable Energy, Solar Energy

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