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GM gearing up for full-scale electric vehicle production

2 years ago

General Motors (GM) has announced it will invest more than $2 billion for upgrades at its Oshawa and CAMI assembly plants in Ontario, as the automaker looks to go fully electric by 2035.

Electricity Canada has sounded the alarm once again about what it considers the federal government’s lack of concrete action on its commitment to create a net-zero electricity grid by 2035.

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The Canada Infrastructure Bank (CIB) and Johnson Controls (JCI) have signed an agreement that commits more than $125 million to accelerate Canada’s private sector decarbonization retrofit projects. CIB will invest $100 million toward commercial, industrial, and manufacturing facilities.

At a time when embodied carbon from building construction is responsible for 10 per cent of all energy-related emissions globally, and there is progress on reducing operational emissions from buildings, the industry’s attention is turning toward reducing embodied carbon.

Sustainable Biz Canada

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Leading building science experts and designers are beginning to speak out forcefully to the proposals being considered in Ontario’s new Building Code (OBC). Early critics of the move aren’t happy with the changes.

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The U.S. Department of Energy will require new federal buildings and those with major retrofits to meet certain energy efficiency standards. Beginning in April 2023, all new and existing builds have to comply with the 2021 International Energy Conservation Code.

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Telus Communications and Vector Institute have launched a partnership that will help reduce operational costs and minimize electricity use in commercial buildings, namely data centres, across Canada.

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U.S. commercial real estate owners have historically been slow to pursue solar energy, but a new $600 million deal is the latest sign priorities are shifting. Trammell Crow has agreed to partner with Altus Power Inc. to install solar panels.

Energy Profiles

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Anna Malhari serves as the chief operating officer of Veris Residential—formerly known as Mack-Cali—a REIT that recently simplified its business to focus exclusively on multifamily properties. The transition included a renewed commitment to ESG best practices.

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Apple announced it purchased its first batch of commercial purity, low-carbon aluminum, produced by a joint venture company set up by Apple, Rio Tinto, Alcoa, and Canadian governments. Apple purchased the material from Elysis — a Waterloo, Ont.-based carbon-free aluminum company.

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Electric vehicles (EVs) could become important microgrid assets that reap income by providing grid services. But a lack of market signals from the grid in many places could cause issues, despite some organizations starting to see savings and sustainability.

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A BMO-led sustainable and social bond program was recognized at the 2022 Bond Awards, recently. The fund promotes positive socioeconomic outcomes, from affordable housing and access to essential infrastructure and services to socioeconomic advancement and empowerment.

Anchor Corp

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The city of Abbotsford’s proposed new flood protection measures would create new floodways where farms now stand. Some farmers would be offered buyouts, and only flood-resistant crops would be allowed in parts of the agricultural lands of the Sumas Prairie.

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Advocates say Emergency Management B.C.  and the provincial government need to increase funding for prevention, warning tools. Complaints about funding come after wildfires raced through the province last summer, destroying numerous homes and much of the village of Lytton, B.C.

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Starbucks has become the latest food and beverage company to eliminate PFAs in its food packaging. The transition away from these dangerous chemicals in its food packaging materials will be complete in the US by 2022.

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Listening, adapting and being proactive are key contributors to making sustainability happen within a business. Find out how one corporate ‘lifer’ transformed Dow, a 125-year materials science business, into one of the most sustainable businesses in the U.S.

Vancouver Real Estate Forum

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A new report from a consortium of activist NGOs led by the Rainforest Action Network (RAN) found that fossil-fuel financing from the world’s 60 largest banks has reached nearly $4.6 trillion in the six years since Paris Agreement was signed.

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Suncor Energy Inc. is divesting its solar and wind assets, focusing instead on hydrogen and renewable fuels. The decision to ditch its renewable power assets spells the end of a two-decade foray into wind and solar for the Calgary-based company.

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A new standard calling for companies to more explicitly disclose relationships with trade associations that could be at odds with their climate policies has been tabled, as the practice of disclosing climate lobbying activities and policies is slowly becoming more common

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The world must stop increasing its GHG emissions within the next three years — and rapidly slash them — to prevent the more extreme consequences of climate change, according to the latest UN report that highlights the need for stronger climate action.

Industry Events