The Carbon Trust estimates average returns of 11-12% for businesses investing in UK renewables, but companies need to consider the stability of support schemes and should trial technologies prior to committing. The move to decentralized supply should be embraced by utilities, especially new entrants, and requires innovative strategies in order to be successful.
Redditch City Council has announced a bold and environmentally friendly cost-cutting measure which has spread unease among much of the wider UK population. A new sports center, including a swimming pool, could be heated economically by utilizing waste heat from the council's crematorium. However, the council needs to think bigger if the scheme is to develop into a veritable symbiosis project.
Canada's federal regulators have approved the Mackenzie Valley pipeline in the Northwest Territories after more than three decades of debate. The $16bn pipeline will bring Arctic natural gas to the Canadian market and create thousands of jobs. However, the challenge for stakeholders will be to determine the commercial viability of the project, compared to other supply sources such as shale gas.
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