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Canada Post commits $1B to net-zero emissions plan
Canada Post commits $1B to net-zero emissions plan
Canada Post Corp. is committing $1 billion to cut greenhouse gas emissions and transform its 14,000-vehicle fleet to non-emitting vehicles, part of its commitment to reach net-zero by 2050.
Carbon Engineering, 1PointFive to build 70 DAC plants
Climate solutions company Carbon Engineering Ltd. has partnered with 1PointFive, a subsidiary of the Houston-based Occidental Petroleum Corp.’s Low Carbon Ventures, to bring 70 direct air capture (DAC) plants online by 2035.
CaGBC’s zero-carbon design standard coming soon
The Canada Green Building Council’s (CaGBC) latest zero-carbon design standard for all buildings in Canada will be released next month. The Council is targeting zero carbon by 2030 and a 40 per cent reduction of embodied carbon.
Construction to begin on new energy centre in Gatineau
The centre is part of the Energy Services Acquisition Program, a project to modernize and decarbonize the federal district energy system that provides heating for 80 buildings and cooling for 67 in the National Capital Region, including the Parliament buildings.
Canadian hydrogen firm strikes deal with Cal State LA
• H2 View
Canadian hydrogen firm, Azolla Hydrogen, has partnered with California State University, Los Angeles to accelerate a demonstration project at the university’s Hydrogen Research and Fuelling Facility. The agreement with Azolla will increase production output by more than 4.5 times.
Canada to get the largest geothermal lagoon in the world
• Daily Hive • Mtl Blog
A giant geothermic pool could be coming to Quebec. The pool itself would rely on geothermal, biomass and solar energy to maintain a year-round temperature of 38C, and would be the largest of its kind in the world, promoters say.
CIB investing $68M in Durham Region electric buses
The Canada Infrastructure Bank (CIB) and the Regional Municipality of Durham have signed an MOU that could see the CIB invest up to $68 million to support Durham Region Transit‘s purchase of up to 100 battery electric buses by 2027.
Canadian car rental companies pivoting to EVs
Craig Hirota, vice-president, government relations and member services at the Associated Canadian Car Rental Operators, believes Canadian vehicle rental and car-share companies are taking note of the market shift towards zero-emission transportation, with more availability of electric vehicles than ever.
A trillion reasons to transition off fossil fuels
• Corporate Knights • The Energy Mix
Private investors in rich countries could lose over a trillion dollars on stranded fossil fuel assets as climate policies slash their value, giving them a compelling reason to transition off carbon, a report in the journal Nature Climate Change reads.
PSP Investments to cut GHG exposure in assets by 25%
Canada’s Public Sector Pension Investment Board (PSP Investments) said on Thursday it expects to cut its exposure in greenhouse gas-emitting assets by 20-25 per cent in the next four years as part of its new climate strategy.
96% of Caterpillar shareholders vote to climate action
• Newswire
Caterpillar‘s recent annual general meeting featured a resolution in which 96 per cent of investors supported a move that requires management to disclose interim and long-term greenhouse gas targets aligned with the Paris Agreement. Targets should cover Scope 3 emissions.
Extreme weather and mining waste creating problems
• GreenBiz
A new report from mining waste management calls for revamping the industry’s standards. It comes as mining companies around the world ramp up the extraction of minerals needed to transition from fossil fuels to forms of cleaner energy.
Canada ‘little behind the eight ball’ in net-zero race
VIDEO: Nancy Southern, ATCO LTD. & Canadian Utilities Limited, Chair & CEO, speaks with Financial Post’s Larysa Harapyn about Canada’s hydrogen economy.
What is the Keeling Curve and what does it tell us?
• CBC
Learn more about the Keeling Curve — a graph that illustrates the changes in atmospheric carbon dioxide (CO2) over time. The graph gets its name from Charles David Keeling, the American scientist who developed the accurate way of assessing atmospheric CO2.
Study casts doubt on corporate contributions on climate
Companies touting their use of renewable energy may be overstating their contributions to the fight against climate change, new research suggests. The paper examines how businesses increasingly report on their efforts to reduce the amount of greenhouse gases they emit.
Canada’s carbon offset market unveiled, pitfalls remain
OPINION: The government still has a lot of work to do to find the right balance: an offset system sufficiently inviting to entice investment in emissions-reducing activity, but not so loose as to undermine the integrity of the entire carbon-pricing system.
New refinery owners aim to block release of $180M environmental deal
• CBC
Owners of the Come By Chance refinery are going to court to block the release of an agreement with the provincial government that could put Newfoundland and Labrador taxpayers on the hook for up to $180 million in environmental liabilities.
Innergex acquires wind farms in Chile for $861M
The Quebec company Innergex becomes one of the largest producers of renewable energy in Chile with the acquisition of three wind farms for $861 million. The acquired firm has a wind power plant portfolio with a total capacity of 332MW.
The City of London Corp. want developers to disclose emissions
• Bisnow
The City of London Corporation will make developers compare the carbon emissions of new buildings versus refurbishments when seeking planning for new schemes, to show the environmental impact of their development proposals.
Houston adding certified green office space at record pace
• Bisnow
Houston barely cracked the top 10 American cities for percentage of LEED-certified office space, but according to a new report, the city added 5M SF of LEED Platinum space over the past decade or so — the most in the country.
Industry Events
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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Zero Carbon Building Standards Interactive Workshop
Dec 10 2024
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Online
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FCM’s Sustainable Communities Conference 2025
Feb 10 2025
to Feb 13 2025
Fredericton, NB
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GlobeXchange
Feb 11 2025
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Sheraton Centre Toronto Hotel
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BuildGreen Atlantic 2025
Apr 28 2025
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Halifax, NS
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Building Lasting Change
Jun 18 2025
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Vancouver, BC
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