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Empowering First Nations Through Geothermal Energy Innovation

Aki Energy partners with First Nations to create jobs and businesses with geothermal energy, reducing utility bills and fossil fuel expenditures. By leveraging innovative financing like PowerSmart PAYS, this non-profit social enterprise is making a significant impact. Their vision includes creating green communities, promoting sustainable practices, and advocating for institutional change to combat climate change effectively.

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Empowering First Nations Through Geothermal Energy Innovation

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  1. The answer to climate change isn’t technical. Nor is it financial……”

  2. “Poverty Has No Causes…”

  3. Aki Energy is a non-profit social enterprise that works with First Nations to create employment and business opportunities through geothermal energy.

  4. Paying for geothermal: PowerSmart PAYS Financing

  5. In our first year • 110 homes retrofitted • 720 PAYS eligible households in Peguis and Fisher River. • 73 kilometres of loop installed. • 22 Band members employed. • $1,615,130 financed through Manitoba Hydro’s PAYS program to date. • $143,000 estimated annual utility bill reduction. • $3 million bill reduction over 20 years.

  6. Green Lease

  7. Homesteads in Hamiota?

  8. Direct Fossil Fuel Expenditures - MB ($3.9 billion total expenditures) • $75 m electricity • $38 m heating fuel • $279 m machinery fuel • $621 m fertilizers • $263 m pesticides • $569 m commercial feed • Custom work, seed, etc…

  9. Taxpayers Buy A Lot of Food!

  10. $1.50 per meal 300,000 meals / day $150 million per year $150-$200k revenues / yr per farm 20% initially = $30 million/yr

  11. What’s Needed? • A New Manitoba Hydro Act with New Mandate • Green Energy Supply • A New Utility: “Bill Cutter” • Geothermal communities and neighbourhoods • Green vehicle lease and electric infrastructure • 20% Taxpayer food LFP by 2016

  12. Rather than individual change focus on institutional change…

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