TransCanada Pipeline Will Have Limited Environmental Impact

- TransCanada Pipeline Will Have Limited Environmental Impact



Aug 26, 2011

The U.S. State Department concluded that TransCanada (NYSE:TRP) proposed $7 billion KeyStone XL pipeline will have limited impact on the environment, potentially bringing the department closer to a final decision on the controversial project.

TransCanada (NYSE:TRP) has a potential upside of 8.2% based on a current price of $42.48 and an average consensus analyst price target of $45.97.

TransCanada is currently above its 50-day moving average (MA) of $41.96 and above its 200-day of $40.16.

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Google Signs Deal With SolarCity

- Google Signs Deal With SolarCity



Jun 14, 2011

Google Inc. (NASDAQ:GOOG) said on Tuesday that it has made a deal with SolarCity, and it is the biggest deal it has ever made. SolarCity will use the Google fund to help finance rooftop installations. Google Inc. is creating a $280-million fund to help finance the rooftop installations.

Lyndon Rive, chief executive of SolarCity said "Google's leading the way and other companies could follow suit...It's not just about a dramatic environmental impact, it's also a good return." SolarCity is known for its lease programs and power purchase agreements, which allow customers to avoid the thousands of dollars of upfront expenses.

SolarCity is Google's first dip into the solar market, but the company has put nearly $700 million into wind farms, solar power systems, and electric vehicle programs. The buses at Google's Mountain View, California headquarters are equipped with solar panels.

Google has a potential upside of 40.1% based on a current price of $508.15 and an average consensus analyst price target of $711.8.

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FirstService launches FS Energy to improve energy efficiency

FirstService launches FS Energy to improve energy efficiency



FirstService announced the official launch of FS Energy, an energy management company that is leading environmental change by improving energy efficiency and lowering operating costs across FirstService's extensive property management portfolio. FS Energy is initially concentrating on the 450 high rise buildings the company manages in New York City.

Obama to call for more use of natural gas, biofuels

Obama to call for more use of natural gas, biofuels



President Obama will set a goal today of reducing the nation's oil imports by one-third by 2020, according to The Washington Post. The president will call on Congress and Americans to accomplish the goal by conserving energy, using more natural gas and biofuels, setting higher fuel standards for heavy trucks, and drilling for oil in more areas.

China #1 In Clean Energy Investment, U.S. Slips Behind Germany To #3

China #1 In Clean Energy Investment, U.S. Slips Behind Germany To #3



The Pew Environmental Group today released the 2010 edition of "Who's Winning the Clean Energy Race?" The report showed China retaining its #1 spot on the list, having invested $54.4 billion in 2010, up from $39.1 billion in 2009.

Germany jumped the U.S. to come in at #2, investing $41.2 billion, even though American investment increased 51% to $34 billion. The top 3 were far ahead of the rest of the pack, with Italy, at $13.9 billion, and Brazil, at $7.6 billion, rounding out the top 5.

The report also noted that China is the world's leading producer of wind turbines and solar energy units, and that the country overtook the U.S. as the nation with the most installed clean energy capacity in 2009.

Total worldwide installed wind energy capacity grew 20.6% in 2010 to 193 gigawatts, with global solar capacity increasing a whopping 65.3% to 43 gigawatts.