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General Fusion hits key milestone at prototype facility

2 years ago

General Fusion has passed a critical milestone in developing a prototype system for its Fusion Development Plant. The firm’s plasma compression prototype is being used to demonstrate its latest magnetized target fusion technology.

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The proposed Atlantic Loop clean energy project is an estimated $5 billion proposal that would connect the four Atlantic provinces to hydroelectricity from Quebec and Labrador that was discussed by the region’s four premiers in the absence of a federal commitment.

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Steven Guilbeault, the Canadian minister of environment and climate change wrote this letter in response to Corporate Knights story  Canada’s biggest emitters are paying the lowest carbon tax rate. For too long, Canada delayed pollution pricing across the economy.

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The Canadian energy industry needs policy clarity, not just government funding, to see investments flow into the country’s carbon capture, utilization and storage technology, says a senior industry executive according to Andy Mah, former CEO of Advantage Energy Ltd.

Social Purpose Real Estate Financing

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The CRE industry has had a heightened focus on ESG initiatives over the last few decades with Sonny Kalsi, BentallGreenOak’s co-CEO, Sara Armbruster, Steelcase CEO and Joe Derhake the CEO of Partner Engineering and Science leading the charge.

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Hines, one of the world’s leading property developers, created a role to assess the global carbon emissions of the firm. Micheal Izzo, formerly vice president of construction in the firm’s U.S. East region, was appointed vice president of carbon strategy.

Phil Fung

Professional Engineer, Designated Consulting Engineer

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Intel is to build a $20 billion chip factory in Ohio that will use green building principles and renewable electricity. It has a 926-acre site and aims to achieve net positive water use and send zero total waste to landfills.

Yardi Pulse

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SNC-Lavalin has launched Decarbonomics, a data-driven initiative they hope will help decarbonize the built environment in a cost-effective way and accelerate net-zero construction by applying methods and practices to deliver high-performing buildings and developments.

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Ottawa-based Giatec Scientific specializes in developing wireless sensors that measure the quality and consistency of concrete during the construction process and in existing buildings. It is used in 80 countries and drew attention at the recent World of Concrete event.

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Building managers use combination of air exchange, filtration and purification to meet industry-leading guidance for arresting airborne spread of pathogens and contaminants. Since MERV 13 performance is the baseline requirement, a MERV 13 filter is often the most straightforward and cost-effective measure.

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Metro unveiled its 2022–2026 Corporate Responsibility (CR) Plan for its food and pharmacy activities. This third plan builds on METRO’s CR approach initiated more than 10 years ago and reflects the business environment that has significantly evolved in recent years.

Decarbonizing Canada’s Large Buildings

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Women in leadership may contribute to a boost in a company’s sustainability efforts. An article in the Journal of Corporate Finance citing multiple studies found that women directors are more likely to advocate for the use of renewables and diversity.

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The Competition Bureau of Canada is warning Canadians to remain skeptical of products and services that wrongly claim to be “green.” As more people look to reduce their environmental impact, this demand is leading to more companies making false promises.

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In order to be on track to deliver on their most recent climate pledges, G7 and BRICS countries needed to reduce their carbon emissions by 822 million tonnes in 2019. Instead, reported emissions from these nations increased by 256 million tonnes.

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When RMI launched the Center for Climate-Aligned Finance in 2020, the concept of climate-aligned finance was in its infancy. In 2021, it matured rapidly as net-zero pledges became the new norm in the financial sector, particularly in the West.

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The European Banking Authority has unveiled a new set of mandatory templates, tables and instructions that banks will have to follow, after a review of ESG reports found “shortcomings” and to improve communication to investors.

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The European Commission has released a new technical report that explores the feasibility of blending hydrogen into the European gas grid as a way to decarbonize the continent and drive hydrogen usage further into Europe’s industrial process and residential areas.

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Europe’s coal utilities aren’t on track to reach their emissions-reductions goals in time to achieve 2050 net-zero status, according to a new study by Europe Beyond Coal and Ember, a think tank that advocates for the transition away from coal.

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The Washington Post reports that a letter signed by more than 450 scientists is the latest salvo in an intensifying effort to convince public relations and ad agencies to stop underwriting the fortunes of fossil fuel clients that thwart climate action.

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