Solar Energy - Social and Economic Win Win for Canada

Invest in Canada's the sun! most abundant resource: It's the right time for solar energy to shine across Canada. Why the clean and renewable path is a better choice for Canadians than the traditional path. Subsidies to the Canadian energy industry in 2011 Fossil Fuels $3.25 billion Renewable Energy $148 million Job Creation Per unit of energy produced, solar creates: 15 x more jobs than natural gas or coal 12 x more jobs than nuclear Jobs created by natural gas or coal cost 6 times more than jobs created by solar. Economic Costs and Benefits Current proved reserves of fossils fuels are predicted to run out in: 2045 2048 2082 Oil Natural gas Сoal While the long term business case for fossil fuels is getting worse, the case for solar keeps improving! The amount the cost per watt 7%' of photovoltaics (PV) has decreased every year since 1980. $24 Global average cost per watt $20 of solar PV modules $16 $12 $8 $4 $0 1980 1985 1990 1995 2000 2005 2010 By 2014, the cost of solar energy will be less than the average retail price of electricity. By 2020, electricity from solar PV will be cheaper than electricity from nuclear, coal or natural gas. Projected cost of energy 2010 - 2020 $0.18 Retail Price $0.16 Gas $0.14 $0.12 $0.10 Coal Nuclear $0.08 Solar PV $0.06 $0.04 2010 2012 2014 2016 2018 2020 Solar Investment means Skilled Jobs, Economic Growth and Made in Canada Energy! Environmental Costs and Benefits In addition to being identified as one of the world's leading emitters of greenhouse gases, Canada is missing out on a major opportunity to create green wealth. Did you know Canada imports oil from foreign countries every year? What does it cost Canada to import this oil? 1998 2008 $2.3 billion $26 billion What if we allocated 20% of our spending on oil imports to investing in solar energy? 100,000 new jobs 15 million tonnes & less greenhouse gas per year An Economic and Social WIN-WIN! 85% of Canadians agree with the statement: "We need to have an economy that is in harmony with nature, which recognizes and respects the planet." Solar Create Green Wealth www.solarincomefund.com INCOME FUND References http://www.kpmg.com/BR/PT/Estudos_Analises/artigosepublicacoes/Documents/Tax/KPMG-ENR.PDF http://fs-unep-centre.org/sites/default/files/publications/globaltrendsreport2012final.pdf Economic Impacts of Solar Energy in Ontario, ClearSky Advisors, Energy Policy Journal, OPA, NREL http://www.oecd.org/site/tadffss/ http://www.coal.ca/wp-content/uploads/2012/08/FINAL Coal-Association-of-Canada August-2012-1.pdf http://arcfinancial.com/assets/139/110405 ARC Financial Corp. Industry Report.pdf https://www.cia.gov/library/publications/the-world-factbook/geos/ca.html Boston Consulting Group, Perspective on Solar PV, November 2011 http://www.canadians.org/media/energy/2010/18-Nov-10.html http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=1&pid=7&aid=6 http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=57&aid=6 http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=3&pid=3&aid=6 http://www.eia.gov/forecasts/ieol http://www.nrel.gov/docs/fy12osti/51847.pdf little web giants Researched and designed by Average module price ($CAD/Wp) (inflation adjusted) $CAD/kWh Invest in Canada's the sun! most abundant resource: It's the right time for solar energy to shine across Canada. Why the clean and renewable path is a better choice for Canadians than the traditional path. Subsidies to the Canadian energy industry in 2011 Fossil Fuels $3.25 billion Renewable Energy $148 million Job Creation Per unit of energy produced, solar creates: 15 x more jobs than natural gas or coal 12 x more jobs than nuclear Jobs created by natural gas or coal cost 6 times more than jobs created by solar. Economic Costs and Benefits Current proved reserves of fossils fuels are predicted to run out in: 2045 2048 2082 Oil Natural gas Сoal While the long term business case for fossil fuels is getting worse, the case for solar keeps improving! The amount the cost per watt 7%' of photovoltaics (PV) has decreased every year since 1980. $24 Global average cost per watt $20 of solar PV modules $16 $12 $8 $4 $0 1980 1985 1990 1995 2000 2005 2010 By 2014, the cost of solar energy will be less than the average retail price of electricity. By 2020, electricity from solar PV will be cheaper than electricity from nuclear, coal or natural gas. Projected cost of energy 2010 - 2020 $0.18 Retail Price $0.16 Gas $0.14 $0.12 $0.10 Coal Nuclear $0.08 Solar PV $0.06 $0.04 2010 2012 2014 2016 2018 2020 Solar Investment means Skilled Jobs, Economic Growth and Made in Canada Energy! Environmental Costs and Benefits In addition to being identified as one of the world's leading emitters of greenhouse gases, Canada is missing out on a major opportunity to create green wealth. Did you know Canada imports oil from foreign countries every year? What does it cost Canada to import this oil? 1998 2008 $2.3 billion $26 billion What if we allocated 20% of our spending on oil imports to investing in solar energy? 100,000 new jobs 15 million tonnes & less greenhouse gas per year An Economic and Social WIN-WIN! 85% of Canadians agree with the statement: "We need to have an economy that is in harmony with nature, which recognizes and respects the planet." Solar Create Green Wealth www.solarincomefund.com INCOME FUND References http://www.kpmg.com/BR/PT/Estudos_Analises/artigosepublicacoes/Documents/Tax/KPMG-ENR.PDF http://fs-unep-centre.org/sites/default/files/publications/globaltrendsreport2012final.pdf Economic Impacts of Solar Energy in Ontario, ClearSky Advisors, Energy Policy Journal, OPA, NREL http://www.oecd.org/site/tadffss/ http://www.coal.ca/wp-content/uploads/2012/08/FINAL Coal-Association-of-Canada August-2012-1.pdf http://arcfinancial.com/assets/139/110405 ARC Financial Corp. Industry Report.pdf https://www.cia.gov/library/publications/the-world-factbook/geos/ca.html Boston Consulting Group, Perspective on Solar PV, November 2011 http://www.canadians.org/media/energy/2010/18-Nov-10.html http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=1&pid=7&aid=6 http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=57&aid=6 http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=3&pid=3&aid=6 http://www.eia.gov/forecasts/ieol http://www.nrel.gov/docs/fy12osti/51847.pdf little web giants Researched and designed by Average module price ($CAD/Wp) (inflation adjusted) $CAD/kWh