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Nova Bus awarded $2.1B order from Quebec government

1 year ago

Nova Bus awarded $2.1B order from QC government

Transit bus manufacturer Nova Bus has been awarded a contract for up to 1,229 electric buses from the Société de transport de Montréal (STM), valued at up to $2.114 billion.

Lion Electric debuts medium-duty Lion5 truck

Saint-Jérôme, Que.-based The Lion Electric Company recently unveiled the Lion5, its all-electric Class 5 truck, during the Advanced Clean Transportation Expo in Anaheim, Calif.

BOMA BEST debuts streamlined version 4.0

BOMA Best 4.0, a streamlined version of the sustainable certification standard for existing commercial real estate buildings, officially launched on April 18 with a simplified questionnaire and an emphasis on carbon.

Dispersa raises $3M for sustainable surfactants

Laval-based startup Dispersa has raised $3 million to support the growth of its surfactants that are biodegradable, non-toxic and are not derived from petroleum or palm oil.

Li-Cycle, Glencore plan European battery recycling hub

Canadian battery recycling company Li-Cycle Holdings (LICY-N) and Glencore (GLNCY-OTC), the Swiss commodities giant that is trying to merge with Vancouver’s Teck Resources, are planning to build Europe’s biggest battery recycling plant as electric vehicle sales take off.

Sweden's Northvolt eyeing Quebec for battery factory

Northvolt AB and its subsidiary Cuberg Inc. are exploring locations in Canada for a battery factory, lobbyist records show. Per Quebec registry filings this month, Northvolt is honing in on the communities of Saint-Basile-Le-Grand and McMasterville as preferred sites.

Solar power and gas capture can repurpose landfills

For decades, landfills and other contaminated sites across North America have found a new life as parks, golf courses, housing and retail projects – and more recently, methane gas capture facilities and solar hubs that can power municipalities and generate revenue.

Hopper CEO promotes Canada as carbon-capture hub

Fred Lalonde built online travel agency Hopper into one of Canada’s largest technology companies by using AI to predict the best times to buy airline tickets. To offset emissions, Hopper sponsored a reforestation program that has planted 25M trees.

EPA Developing $4 Billion Port Emissions Programs

The EPA is working on the initial pieces of development programs that will use funding from the Inflation Reduction Act to help reduce emissions throughout port infrastructure in the United States.

New York to require gas-free new buildings

When the phase-in starts in 2026, newly constructed buildings will have to forego fossil fuel equipment in favor of devices like induction ranges and heat pumps that run on electricity.

Scottish windfarm to power Canary Wharf offices, retail

Canary Wharf Group, which manages the 60-hectare estate in east London, has struck a deal with one of the world’s biggest providers of renewable energy to meet almost three-quarters of its electricity demand from wind power.

Decarbonizing real estate starts with planning and design

Decarbonizing the UK's existing built environment is one of the biggest challenges facing us in reaching net zero carbon by 2050. Estate owners must strike a careful balance between making investment and driving efficiencies.

Can corporate boards rise to the sustainability challenge?

An ESG report last week from BDO, a global network of public accounting and tax advisory firms, found that directors appear unsure how to prioritize risks and reflect them in longer-term corporate strategy.

ESG compliance risk is coming to construction industry

ESGs have become a heated political issue in the U.S., where 14 Republican states have enacted laws prohibiting investments using social factors for strategies. However, agencies like the SEC and FTC appear undaunted and are on increased alert for “greenwashing”.

Investors criticize popular sustainability-linked bonds

Sustainability-linked bonds are rapidly becoming unsustainable. The bonds have only been around since 2019, but investors are already beginning to sour on a product once heralded as the first green financial instrument with teeth.

Airports team up to cut carbon footprint

VIDEO: Myron Keehn, chief executive, Edmonton International Airport, speaks with Financial Post’s Larysa Harapyn about how the airport has embraced ESG innovations.

Canada, Ontario's turn to nuclear as a green solution raises questions

After a pause of more than 30 years, Ontario is poised to start building nuclear reactors again in an effort to provide the carbon-free electricity needed to avoid the worst effects of climate change.

Fed’s clean-electricity strategy faces opposition from Prairie provinces

Battle lines are being drawn as the federal government prepares to release new rules that will require provinces to stop relying on fossil fuels for power generation starting in 2035.

Canada will need students to reach its aggressive EV targets

By 2030, if the Liberal government gets its way, 60% of new cars, SUVs and trucks sold in Canada will be zero-emission. To reach those goals, the government will need researchers, engineers and technicians. And they’re going to need students.

EVs could make up more than a third of global car sales by 2030

By 2030, electric vehicles — including both fully electric and plug-in hybrid models — could make up 35 percent of new vehicle sales globally, according to a forecast included in the International Energy Agency’s annual Global EV Outlook report released last week.

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