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Loop Energy, BayoTech partner on hydrogen fuel technology

3 years ago

With the electrification of transportation quickly becoming the face of the green technology industry, Vancouver-based Loop Energy and Albuquerqe, New Mexico’s BayoTech are collaborating to make hydrogen fuel a more economical, and thus more popular option.

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California has been the frontrunner for hydrogen station and fuel cell electric vehicle (FCEV) deployments but the ‘hydrogen highway’ now stretches beyond the sunshine state. There are 51 hydrogen public refuelling stations in the US and five public stations in Canada.

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Transportation makes up 25 per cent of Canada’s total emissions therefore accelerating the adoption of ZEVs is needed to meet Canada’s climate targets. Globally, achieving net-zero emissions by 2050 would require that over 50 per cent of passenger car sales be electric by 2030.

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Toyota signaled a shift in its climate change stance Monday after four funds with about $235-billion in assets announced it intends to pressure Toyota at its June annual shareholder meeting to halt lobbying against efforts to prevent catastrophic global warming.

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Canada’s first federal budget in two years plans to create incentives for industry to cut carbon emissions, develop clean energy technologies and source critical materials for electrification.

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Carbon markets connect the growing demand from companies and consumers committing to net zero, with the small but growing supply of removal and avoidance solutions. Corporate activity to reduce carbon through credits can help finance the growth in new efforts.

Skyline Group of Companies

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COVID-19 has caused abrupt and immense changes in corporate direction and operations across Canadian workplaces. However, it has not succeeded in diminishing the call for companies to accelerate their corporate sustainability or ESG (environmental, social, governance) responsibilities.

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Asset managers are targeting boutique firms with environmental, social and governance (ESG) expertise to meet growing demand for responsible investing products. In December, Toronto-based Mackenzie Financial Corp. acquired Greenchip Financial Corp., a 14-year-old firm focused exclusively on the environmental economy.

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Capstone Infrastructure Corporation (TSX: CSE.PR.A), along with our partner Obton A/S, is proud to announce that our 132MWac Claresholm Solar Project achieved commercial operation and is now producing clean, renewable power.

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Amazon announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company has 206 renewable energy projects globally including 71 utility-scale wind and solar projects and 135 solar rooftops that generate 8.5 GW of electricity.

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U.S. financial giant BlackRock and Singapore-based Temasek have teamed up to form a new partnership, Decarbonization Partners, focused on delivering late-stage venture capital and early growth private equity investment funds that support the development of a net-zero emission economy by 2050.

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Royal Dutch Shell PLC detailed a first-of-a-kind shareholder vote over its pivot away from oil, asking investors to endorse its energy transition strategy in a nonbinding vote next month. Shell’s move is the first by an oil major.

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Yardi received the 2021 ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy after being named Partner of the Year for three consecutive years.

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With millions of Canadians working away from their normal workplaces the past year, many of the country’s most sustainable organizations have responded by helping employees to reduce their personal environmental footprint and make environmentally conscious decisions outside their work.

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OPINION: Despite the Island Trust’s “preserve and protect” mandate, there are few to no constraints on development. Time is running out as business-as-usual practices strip the Gulf Islands of its forests representing 33.2 per cent of the provincial coastal Douglas-fir forests.

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Zibi is a massive real estate development being built on 34 acres of industrial land in the middle of the Ottawa River. It is built according to the principles of One Planet Living, a “sustainability framework” developed in the United Kingdom.

Sustainable Biz Canada

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Calgary’s emergence as a hub for technology and cleantech is a bright spot in Alberta’s economy. CEO of CoolIt which helps banks of computers run cooler, more energy efficiently, says talent in oil and gas is part of the attraction.

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EVLO Energy Storage Inc. announced it will activate a 4-MW/20-MWh battery energy storage system on the Hydro-Quebec grid based on lithium iron phosphate battery technology. The energy storage system will lead to a 3,500-tonne reduction in greenhouse gas emissions.

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US Federal Energy Regulatory Commission (FERC) Order No. 2222-A, released March 18, continues efforts by US regulators to remove barriers for aggregated distributed energy resources (DERs) in wholesale markets and unlocking new revenue streams for microgrids.

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310 businesses and investors with a footprint in the U.S. signed an open letter, organized and published by the We Mean Business coalition and Ceres to President Biden indicating their support for setting a federal climate target to reduce emissions.

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