Environmental Engineering Reference
In-Depth Information
A hydroelectricity-generating barrier in Näsåker, northern Sweden. Finland and
Sweden are the only two nations in the world to impose a carbon tax (which
the Swedish government increased by 2.6% in 2008 - to 2.34 kronor per litre).
Sweden now generates all of its electricity by either hydropower or nuclear.
in Newcastle, UK, which has many new-energy technologies investments
in its venture-capital portfolio. “My feeling is this market will remain
rigged for a sensible length of time - there is consensus between the [UK]
political parties on this. So the political risk is relatively limited - the
issue is more the long lead times, especially with things like tide and wave
power.”
The “Valley of Death”
This is where money can dry up altogether and a project dies. If this
happens, it is typically during the period
after
the government starts to
phase its money out, but
before
the private investor can see enough light
at the end of the tunnel to have confidence in getting a profitable return
