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SHIFT to optimize energy use at Cadillac Fairview Toronto office buildings

1 year ago

SHIFT to optimize energy use at 10 CF Toronto offices

An artificial intelligence-based platform designed by SHIFT Energy has been selected to optimize energy usage and reduce carbon emissions at 7.4 million square feet of Toronto office buildings owned by real estate giant Cadillac Fairview.

Heidelberg to build $1.4B CCUS hub in Edmonton

Heidelberg Materials North America has partnered with the Canadian government to develop the cement industry’s first full-scale carbon capture utilization and storage (CCUS) facility in Edmonton. The goal is to capture one billion tonnes of carbon dioxide per year.

Geotab reveals ESG progress, but higher emissions

Toronto-based telematics provider Geotab Inc.'s 2022 sustainability and impact report notes progress on several fronts, but higher Scope 3 emissions. It also provides details about those indirect emissions, so Geotab can assist in building better decarbonization plans for suppliers.

Énergir seeks 100% renewables in new grid hookups

Énergir L.P., the largest natural gas distribution company in Quebec, has committed to using 100 per cent renewable energy for any new connection to its grid. Énergir hopes to achieve carbon neutrality in the buildings it serves by 2040.

RBC loaned coal mine under sustainable finance rule

Royal Bank of Canada (RBC) is a global lender that has pushed its green credentials. But data shows that RBC helped extend a US$5.4-billion credit line to a German coal mine under its sustainability-linked financing.

RBC CEO defends climate plan from shareholders

RBC's CEO Dave McKay defended the bank's climate plan at its annual shareholder meeting Wednesday as numerous attendees criticized it for not doing enough. McKay emphasized the need for an orderly transition, while shareholders blasted RBC for funding fossil fuels.

CCIR releases position paper on climate change

The Canadian Council of Insurance Regulators (CCIR) has released a position paper containing recommendations for insurers to help Canadian homeowners better protect their personal property against the risks posed by natural catastrophes and a changing climate.

B.C. LNG project approvals prompt reckoning

British Columbia hopes to secure billions of dollars of investments in liquified natural gas (LNG) and hydrogen production facilities, while at the same time reducing greenhouse gas emissions. The balancing act puts the province in a precarious position.

Canadian LNG should power low-carbon shift: report

As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.

Portable Electric partners with Volvo CE on charging

Portable Electric, a Vancouver, B.C.-based manufacturer of emission-free and portable electric charging stations, has partnered with Volvo Construction Equipment (Volvo CE) to provide sustainable, efficient mobile charging solutions for construction sites through Volvo CE's 245 North American dealer locations.

Will Solutions selects Salesforce's Net Zero Cloud

Quebec-based carbon credit specialist Will Solutions has announced it will use the platform Net Zero Cloud from Salesforce to help develop its Sustainable Communities service. Will Solutions developed a community-based carbon credit program to incentivize carbon credit projects in Canada.

Transcontinental looks to reinvent the paper flyer

Transcontinental Inc., Canada's biggest printer, said it has developed an “innovative” circular system for Montreal that will cut the volume of paper from flyers by nearly 60 per cent and eliminate the plastic bags they come in entirely.

Tesla lines up for lithium in Quebec

Sayona Quebec has restarted North America's only lithium’s mine, which shuttered four years ago when lithium prices crashed. With a surge in demand for lithium to make batteries, Tesla Inc. and LG Chem Ltd. have already lined up as buyers.

Uber drivers to get incentives for charging at BP hubs

BP said it would provide Uber drivers incentives on its electric charging hubs under a new deal. Uber and BP would initially collaborate in key markets to help the ride-hailing company achieve its 2030 emissions targets.

Amazon shows progress on electric delivery vehicles

Amazon is moving full speed ahead with its plans to have a full fleet of 100,000 electric delivery vehicles operational by 2030. Amazon pledged to decarbonize its delivery fleet and be net-zero carbon across its entire business by 2040. 

How billions are being pledged for the clean energy

The U.S. and European Union have plans to unleash roughly $1.1 trillion combined in funding through 2027 as part of a clean-energy race to lower carbon emissions, according to a new tally from the BlackRock Investment Institute.

How higher oil prices affect the climate change fight

With oil prices on the rise again, it could result in central bankers raising interest rates that has already upended the financing of some large-scale renewable energy projects and critical mineral mines that have relied for years on cheap debt.

Real estate's global emissions are getting worse

A Bisnow analysis of real estate’s 75 largest institutional investors, listed companies and investment managers which own or control more than $1.2 trillion of property found that 32 have no overall plan to reduce their carbon emissions.

Carbon capture firm vents CO2 until it finds an offtaker

Global Thermostat’s carbon capture demonstration unit was announced with much fanfare, but the company is venting the carbon dioxide (CO2) it captures. Without an offtaker or tax credits to support its operations, it is stuck polluting.

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