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Alstom to provide Austrian pumped-storage power station with equipment

Alstom was awarded a contract by energy company Vorarlberger Illwerke AG to supply equipment to a pumped-storage power station in Austria. Under the contract, Alstom will be supplying two generators and exciters for the Obervermuntwerk II pumped-storage power station. The generators to be supplied will have an output of 180 megawatts each, and are specifically designed for flexible...

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Green Business Tax Breaks: How becoming eco-friendly can pay off for your business

In an economy that hasn’t fully recovered from the Great Recession, it’s worth searching for new ways to maximize revenue and cut costs when possible. Going green is a new tactic more and more businesses are employing to not only help save the environment, but to also help save on taxes. Making an effort to become more eco-friendly can pay off in the form of tax breaks offered by...

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EcoWASTE: Addressing the problem of proper waste management

An unfortunate reality of our modern rush towards progress is – as our cities grow and prosper – we create more and more waste that can be a problem to dispose of. In Abu Dhabi alone, it’s estimated that over 6 million tons of waste is created annually. Currently, the United Arab Emirate capital is said to have one of the highest rates of waste production per capita in the world and this number...

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Is there a future in green investments?

The green revolution has begun to affect every aspect of our lives, from how government's run countries to how we choose to eliminate our daily waste. This is in response to notable environmental changes like intensified weather phenomena and increasing shortages of important resources like fresh water and clean air. Luckily, many companies have joined the trend and are now offering products with little to no...

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Google’s $80 million Renewable Energy Pledge highlights growing digital interest in a greener world

According to Google’s official blog, the company is about to invest approximately $80 million into six solar power fields in California and Arizona. Combined, this means that the fields will yield a capacity of 106MW, generating enough electricity to power over 17,000 U.S homes. Since April 2010, the company has invested more than $1billion in both solar and wind projects. The blog post stat...

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How Much Can Your Business Save On Its Tax Bill By Going Green?

In these difficult economic times, it can be a struggle to maintain smooth operations of a small business, never mind starting a small business from the bottom up. For this reason, many project managers and business owners are looking for ways to cut costs without putting the quality of their services and products at risk. Fortunately, one avenue for minimizing taxes, securing additional fund...

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U.N. chief calls for more financial investments against climate change

United Nations Secretary-General Ban Ki-moon urged the international community for more financial investments when it comes to efforts in combating climate change. Specifically, Mr. Ban called for financial investments in the field of technology, policies, and practices that will help combat climate change, stressing that the time left to address the global threat is running out. The comments were made...

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Changes in global environment to cause major changes to business – U.N. Report

According to the new report released by the United Nations Environment Program, climate change and global changes in the environment will have drastic effects on how the private sector will do business. The report, titled “GEO-5 for Business: Impacts of a Changing Environment on the Corporate Sector,” predicts that global environment trends today are creating new risks and opportunities for companies in the...

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Growing insurance industry’s collaboration with U.N. to help with green economy

The number of insurance bodies around the world that are collaborating with the United Nations to help transition to a green economy has doubled. There are now some 60 insurance market bodies, insurers, and international organizations under the Principles for Sustainable Insurance, the collaborative initiative between the U.N. and the insurance industry, since its launch last year. The initiative, which was developed...

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Developing countries to facilitate global green trade – U.N.E.P.

Developing countries are well positioned to help green the global trade, a critical step to achieving sustainable development, according to the United Nations Environment Programme. In the recently published Green Economy and Trade report, the international organization noted that trade has continued to expand in the last two decades, creating economic growth and progress towards eradicating poverty in...

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