EV Plug-In: Finning to help replace mine’s 160-truck fleet

BIZ  Transportation  •  Technology  •  National, International

Finning International Inc., BHP Group Ltd. and Caterpillar Inc. have a long-term agreement to replace BHP’s entire haul truck fleet at the Escondida mine, the world’s largest copper producer, in Antofagasta in northern Chile.

Imperial Oil buys hydrogen for renewable diesel refinery

BIZ  Energy  •  Technology  •  Edmonton, International

Imperial Oil Ltd. has made significant progress in its plans for a renewable diesel complex near its Strathcona refinery in Edmonton, including a contract with Air Products and Chemicals to supply low-carbon hydrogen to the Imperial site.

The ESG Report › The ESG Report: OTPP, Geotab, Nuvei

Tyler Choi: Business editor, Sustainable Biz Canada

Atlantic Canada’s ‘blue economy’ surges

Energy  •  Huddle

Eric Siegel, the executive-in-residence at the Ocean Startup Project, says Atlantic Canada is “punching above [its] weight” in the blue economy. Considering the region’s position compared to global players like the U.K., the U.S., or China, it’s an impressive feat.

Accenture acquires Carbon Intelligence

Carbon  •  Carbon Credits

Accenture has acquired Carbon Intelligence, a leading carbon and climate change strategy consultancy, adding over 160 professionals to its growing pool of sustainability experts to help companies achieve net zero.

CarbonCapture launches Wyoming project

Carbon  •  Reuters

A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store five million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.

The unique hurdles of real estate ESG compliance

Real Estate  •  Wealth Management

The real estate sector has highlighted ESG as a top concern, especially given recent interest from the Securities and Exchange Commission surrounding climate disclosures, as well as the variety of ESG reporting proposals on the horizon.

The ESG talent war in private equity

ESG  •  Green Biz

New solar opportunities for REITs under the IRA

Real Estate  •  Lexology

The Inflation Reduction Act of 2022 (IRA) added several provisions that support using solar as part of a REIT’s “green” energy strategy. The Act will allow REITs to benefit from investment tax credits in new ways.

Did the U.S. climate bill kill the carbon tax?

Carbon  •  Grist

U.S. politicians on both sides of the aisle championed the carbon tax as a solution to fight climate change. Numerous failures to get a carbon tax passed have instead led to tax incentives in the Inflation Reduction Act.

“We throw good materials in the garbage”

Real Estate  •  La Presse

The construction industry must modernize by recovering materials, sometimes still good, from construction sites and stop throwing them away simply because it’s cheaper and more efficient, says the FTQ-Construction in a transition plan presented to its members and accepted unanimously.

The case for being ‘climate positive by design’

Social  •  Green Biz

G7 firms failing on Paris climate goals

Carbon  •  Euractiv

Climate goals adopted by businesses in Group of Seven countries, of which Canada is a member, show the 1.5C warming target of the Paris Agreement is “currently unachievable”, according to a new report

Gov’t emissions targets for fertilizers unrealistic: report

Real Estate  •  Toronto Star

A new industry-led report commissioned by Fertilizer Canada and the Canola Council of Canada suggests Canada’s farmers can likely only achieve half of the federal government’s targeted 30 per cent reduction in fertilizer emissions by 2030.

After court defeat, Ontario raises carbon price

Carbon  •  Global News

A year after losing its court battle over the federal carbon tax at Canada’s supreme court, the Ontario government appears to have capitulated and is raising the price of carbon for industrial polluters under its own emissions program.

Insurers must speak on climate change: PM Harper

Carbon  •  The Insurer

Premier Legault would like to build more hydro dams

Energy  •  National Observer

Québec Premier François Legault is promising to ask the province’s hydro utility to consider building new hydroelectric dams, but he is not saying where or how he would realize the complicated, expensive megaprojects.

First Nation sues Alberta over environmental effects

Real Estate  •  CBC

A northern Alberta First Nation has filed what experts say is the province’s first lawsuit claiming cumulative effects from industry, agriculture and settlement are so pervasive, they violate the band’s treaty rights.

Canadian oil workers journey into renewable energy

Energy  •  Corporate Knights

The promise and peril of digital urban mobility

Transportation  •  Corporate Knights