investment

PV Modules

PV_Modules

 This just in from resident Net Zero House expert and Edmonton green leader Bob Heath:

The latest issue of Home Power magazine has an article entitled "Blast From The Past" written by Martin Holladay. He tested a 33 watt PV module that he had bought in 1980 for $275.00 US. He found that the module was still performing at better than factory spec. A quote from the article - "A PV cell is a rock that makes electricity."
Another quote from the same issue of HP - "A PV module is the closest thing we have to perpetual motion [and] is the most reliable electric generator in the known universe." —Joel Davidson, SOLutions in Solar Electricity

Germany will install 6,000,000 kilowatts of PV modules this year. Shouldn’t we Albertans also be investing in these en masse in order to make our electricity supply more resilient (not to mention greener) in a future of declining fossil fuel availability?

Personal Finance - Part 3, Investments

This is the final installment in a three-part series about personal finance for the conscious green Edmontonian. It covers:

  1. day to day finances
  2. retirement
  3. investments

image

The above picture is the world oil consumption curve. It is often displayed as just data, allowing what will happen on the down slope to our imaginations.

Peak oil is just one of many ways in which we are reaching the limits of our growth as a species. I find it highly absurd, then, that adults (you know, the ones who are all grow’ds up)  cannot rationally discuss the end of growth in polite company. And it’s virtually never discussed by anyone with any power. The fact of the matter is, infinite growth is impossible in a finite world. Let me repeat that:

Infinite growth is impossible in a finite world

Yes, it sucks. Yes, it’s inconvenient. But it’s true.

Maybe it’s a facet of denial, but it is easy to “understand” on one level about growth ending, and then turn around and invest our money in mutual funds and stock markets.

In my humble opinion, investing your money in stocks/mutual funds means one of two things:

  1. image The Unicorn Option - You believe that infinite growth is possible in our finite ecosystem. If this describes you, stop reading – the unicorns will deliver your fortune when the time is right.

    OR

  2. image The Playa Option - You recognize that growth will end, but you think that you’re smart and ruthless enough to get out of the stock market before all the suckers do (you know, your children and all those those other weaklings).

Option one speaks for itself, and I personally wouldn’t be counting on option two if my retirement was more than a couple of years away.  read more... »

Alberta Joins the Ranks of Eco-Rebate-Friendly Provinces

BC may well be the best province to live in when it comes to available federal and provincial support for greening your home.

Sales tax exemptions on Energy Star windows, insulation and more, plus Livesmart BC - a rebate program that matches federal Ecoenergy rebates for BC residents, all make living greener more affordable out West.  read more... »

RRSP Season - Get Your Piece of the Action

It's RRSP season in Edmonton. Middle class folks are starting to think about the looming investment deadline as the quaint "people-centered" commercials about how their banker cares about their retirement lifestyle (it's not about your money, we care about you!) start to interupt their daily television dose.  read more... »