New book by Larry Connors Click here Improve your trading - See how
(Logo: http://www.newscom.com/cgi-bin/prnh/20070904/SIEMENSLOGO )
"EPA is pleased to welcome Siemens Building Technologies Division to the Green Power Partnership. We applaud their commitment to using green power to reduce greenhouse gas emissions," said Susan Wickwire, Chief of the Energy Supply and Industry Branch at EPA.
The Green Power Partnership works with a wide variety of organizations--from Fortune 500 companies to local, state and federal governments, as well as a growing number of colleges and universities. According to EPA, the green power purchases by these organizations help reduce the environmental impacts of electricity use and support the development of new renewable generation capacity nationwide.
Green power is derived from electricity generated from an environmentally preferable renewable source, such as wind, solar, geothermal, biogas, biomass and low-impact hydro. These sources generate electricity with a net zero increase in carbon dioxide emissions, while offering a superior environmental profile compared to traditional power generation sources.
"We're thrilled to be part of the EPA's Green Power Partnership," said Building Technologies' Brad Haeberle, vice president and Sustainability Council chair. "It's an unprecedented opportunity for us to integrate this meaningful and long-lasting environmental initiative into our operations in a collaboration that allows us to contribute to country's energy independence while easing the impact on climate change--all-in-all, a great return on our greening investment."
Siemens Building Technologies' green power purchase saves over 5 million pounds of CO2 per year, which is the equivalent to the CO2 emissions from over 325 average American homes annually.
Building Technologies is purchasing its RECs from Reliant Energy, one of the first retail companies in Texas to offer renewable energy products generated from wind power. In addition to wind power, Reliant provides power from several other renewable sources including solar energy and methane gas from landfills. Reliant Energy is one of the largest purchasers of RECs in Texas, purchasing, according to the company, more than 3 million certificates from 2002 through 2006.
The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with purchased electricity use. The Partnership currently has more than 1,000 Partner organizations voluntarily purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500 companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities. For additional information, please visit http://www.epa.gov/greenpower.
About Siemens:
Building Technologies
A division of Siemens Industry, Inc. (SII), Building Technologies (BT) Division is a leading provider of energy and environmental solutions, building controls, electrical distribution equipment, fire safety and security systems solutions. BT's solutions enable America's buildings to be more comfortable, secure and environmentally friendly as well as less costly to operate. With a U.S. headquarters in Buffalo Grove, Ill., BT employs 7,400 people and provides a full range of services and solutions from more than 100 locations coast-to-coast. Worldwide, the company has 28,000 employees and operates from more than 500 locations in 51 countries. The Building Technologies Division posted worldwide revenues of $9.02 billion in fiscal 2008. www.usa.siemens.com/buildingtechnologies
Siemens Industry
Siemens Industry, Inc. (SII) is the U.S. affiliate of Siemens' global Industry Sector business -- the world's leading supplier of production, transportation and building technology solutions. The company's integrated hardware and software technologies enable comprehensive industry-specific solutions for industrial and infrastructure providers to increase their productivity, sustainability and profitability. The Industry Sector includes six divisions: Building Technologies, Industry Automation, Industry Solutions, Mobility, Drive Technologies and OSRAM SYLVANIA. With nearly 222,000 Siemens Industry Sector employees worldwide, the Industry Sector posted a worldwide profit of $5.82 billion on revenues of $57 billion in fiscal 2008. www.usa.siemens.com/Industry
SOURCE Siemens Industry, Inc. Building Technologies Division
http://www.usa.siemens.com/buildingtechnologies
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
