In the world of energy, government money is seed capital. Billions of stimulus dollars merely tickle a transition. Wholesale transformation at a national level — decarbonizing factories, changing out vehicle fleets, making buildings efficient — requires trillions. So, private investment must be enticed to follow. Pension and sovereign wealth funds, endowments, family fortunes and corporate spending — these are among the large pools of capital that must be shaken loose to rewire, re-pipe and renovate our energy economy. There are caveats to attracting big money. Investors need an expectation that money will be […]
About Peter Tertzakian
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Entries by Peter Tertzakian
Imagine this: Your electrical panel is in your neighbour’s basement. Their house, located across the back alley, goes up for sale every four years, and you have no idea who is going to move in. The new owner could be your new best friend or an insensitive curmudgeon who threatens to cut off your power […]
The global economy is gaining momentum, even before the masks have come off the pandemic. Unemployment rates are falling faster than expected in key countries, most notably the United States. Global GDP is being revised upward according to the IMF’s latest World Economic Outlook report. The economy is forecast to grow by 6% this year. […]
It’s no secret house prices in Canada are going berserk, again. These days, everything from a shack to a shoebox-sized condo can sell for over a million bucks. In the past few months alone, some hot areas have witnessed price inflation over 20%. I’m far from a real estate expert, so it’s not for me […]
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