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'Project of the century': Electrifying Canada could cost $1.7 trillion

1 year ago

Electrifying Canada could cost $1.7 trillion

Canada must urgently accelerate efforts to create clean electricity to meet its climate goals, and faces a bill of up to $1.7 trillion to accomplish the feat according to a Public Policy Forum blueprint for the transition.

Pyrowave's new microwave tech for cement production

After showing off its years of work on microwave-based plastic recycling technology last year, Montreal's Pyrowave has revealed efforts to also utilize microwaves for greener cement production. Pyrowave claims its process cuts carbon emissions by 40 per cent.

Minerals, recycling focus of $1.5B in federal funding

Ottawa has revealed what types of projects are eligible for the $1.5 billion from the Strategic Innovation Fund to accelerate investments in critical minerals projects. To qualify, projects must focus on critical minerals processing, manufacturing and recycling.

How the oil sands can hit Cda's 2030 emissions target

A new analysis finds Canada’s oil sands will have to lower production by up to 1.3 million barrels per day to meet Ottawa’s 2030 emission targets, just as the International Energy Agency reports a faster-than-expected rise in key low-carbon technologies.

Oil sands crude price soars, tests investor principles

A stellar run in the price of heavy Canadian crude, much of which comes from the oil sands, is testing investor commitments to ESG principles, forcing would-be buyers to weigh cash flows against human-induced climate change.

Sask. methane emissions being underreported: study

A new study has found that Saskatchewan's methane emissions are up to 40 per cent higher than what is currently reported — backing up earlier research suggesting that the province is underestimating how much of the greenhouse gas is being released.

Stellantis, Saft reveal smarter, more efficient EV battery

After four years of design, modeling and simulation, a team comprised of CNRS (French National Centre for Scientific Research), Stellantis and Saft engineers and researchers unveiled a prototype of an energy storage battery that integrates the inverter and charger functions.

Ford takes $3.6B hit for following the Tesla playbook

Tesla’s script for popularizing EVs — ramp up production, leverage economies of scale to lower costs and make automobiles affordable enough for a mass market — reads a lot like the one Ford first drew up over a century ago.

Nissan joins the North American Charging Standard

Nissan will offer a North American Charging Standard (NACS) adapter in 2024 for Ariya drivers and begin adding an NACS port in EV models sold in Canada and the U.S. in 2025, becoming the first Japanese automaker to do so.

Are EV chargers a cybersecurity risk?

While breaches have so far remained relatively innocuous, cybersecurity experts say the consequences would be far more severe at the hands of truly nefarious miscreants. As companies, governments and consumers sprint to install more chargers, the risks could only grow.

Startup claims it can turn Earth’s heat into clean power

Fervo Energy, a geothermal energy startup, says it achieved a technology breakthrough that could eventually accelerate the push to pull up carbon-free energy from deep down in the earth. Fervo says it has confirmed the commercial viability of its technology.

AI could lead to faster, less-destructive mineral mining

Three AI-based mining startups – Calgary's GeologicAI, KoBold Metals of Berkeley, Calif. and Boston-based VerAI Discoveries – are working on finding new sources for substances such as lithium, cobalt and copper more quickly and, theoretically, with less environmental degradation than previous methods.

Zara owner commits to halve emissions by 2030

High street fashion giant and Zara owner Inditex – which also owns Bershka and Pull & Bear – has announced a fresh pledge to reduce its emissions by more than 50 percent by 2030 and reach net-zero by 2040.

Amazon wants supply chain emissions reporting in '24

The biggest revelation from Amazon’s latest sustainability report? The $525 billion company wants to know more about its supply chain’s decarbonization goals and progress – a policy that's likely to have a huge ripple effect across its entire supply chain.

Work begins on Ont. net-zero ready community

Minto's The Heights of Harmony, a 98-acre community of 800 townhomes and single-family dwellings, is taking shape in North Oshawa’s Kedron neighbourhood. The net-zero ready abodes will emit 85 per cent less emissions once complete and include multi-generational housing.

U.S., China seek thaw on climate

The U.S. and China are looking to iron out their political and economic differences at climate negotiations between the two superpowers in Beijing – held as heat waves bake much of the planet and temperature records shatter.

Big companies seek new paths to deep grid decarbonization

Corporations have become the biggest buyer of the electricity from new clean-energy installations in the U.S., and companies like GM, Meta and Walmart are expected to spend hundreds of billions of dollars more on low-carbon energy in the decade to come.

Builders, investors more serious about slashing emissions

Buildings account for approximately 40 per cent of carbon emissions globally. With pressure to act and Paris Agreement deadlines drawing closer, commercial real estate investors are facing increased pressure to figure out how to lower emissions and fund the transition.

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