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ROYAL GAZETTE, 21 FEB 2014 -- Power firm BELCO's monopoly on energy supply will be broken, Finance Minister Bob Richards said in his Budget speech.
Mr Richards said the firm's lack of competition was a contributing factor to the Island's failure to climb out of the recession.
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Government is key to helping promote use of alternative power through incentives and policy.
Government could provide more incentives to allow people to install alternative sources of power. Greenrock is hoping to see signs in the Budget that Government is taking the issue of the Island's reliance on fossil fuels, such as oil and gas, more seriously and is starting to implement recommendations from its white paper on energy.
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The countdown has started towards Earth Hour 2014.
On Saturday March 29, everyone in Bermuda is being asked to turn off all their lights from 8.30pm to 9.30pm to mark Earth Hour, a global initiative involving millions of people showing their concern for the environment.
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This TEDX Bermuda talk was arguably one of the most engaging talks of the day not least due to its relevance to Bermuda.
Bren Smith spoke about the huge economic and environmental benefits of 3D ocean farming which he pioneered in Long Island Sound. He described Bermuda as an ideal location for the farms that produce shellfish and seaweed for food, fuel and fertilizers. They could point to the potential for a whole new sustainable fishing industry — a “blue green economy” in our shores.
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Today [Jan 29] Minister Trevor Moniz announced that Sandys Secondary Middle School have been granted Bermuda's first ever aquaculture license, which they will use to farm tilapia.
Aquaculture, also known as 'aquafarming', is the farming of aquatic organisms such as fish, crustaceans, molluscs and aquatic plants. In 2013, over 90% of the shrimp and prawns consumed around the world were 'farmed'.
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