ENVIRONMENTAL RETURNS

TreeThe Earth receives more energy from the sun in one hour than the world consumes throughout the year. In a way, all life as we know it is solar powered. A key benefit of solar photovoltaic technology is that it does not contribute to global warming by emitting greenhouse gasses such as carbon dioxide and methane.

 

Recent technological leaps make it possible to transition towards renewable energy as a viable alternative to fossil fuel generation. For example, Germany produces about 50% of the country’s midday electricity needs from solar. Ontario’s Feed-in Tariff program creates the economic conditions that allow businesses, manufacturers, and investors to safely develop solar energy projects.

 

Each 500 kW rooftop solar project is equivalent* to:

 

  •   Protecting 327 acres of mature forest.

  •   Offsetting the emissions from 85 passenger vehicles

  •   CO2 emissions from 6,880,000 pounds of coal.

  •   Greenhouse gas emissions avoided by recycling 3,000 tons of waste instead of sending it to the landfill.

  • 8,000 metric tons of CO2 emissions.

 

*Environmental Protection Agency, US, http://www.epa.gov/cleanenergy/energy-resources/calculator.html