FortisBC applies to supply RNG to all new customers

BIZ  Carbon, Energy  •  Infrastructure, Investment  •  British Columbia, International

FortisBC Energy has submitted a groundbreaking application to the British Columbia Utilities Commission that would see every new gas customer automatically receive 100 per cent renewable gas in their home for the lifespan of the building.

Enel X to deploy 20 MW battery storage system in Sarnia

BIZ  Energy  •  Land, Technology  •  Ontario

Rome-based Enel X, the advanced energy services arm of Enel Group, plans to deploy a 20 megawatt (MW) behind-the-meter battery storage system at Imperial Oil’s petrochemical complex in Sarnia, Ont.

Ontario steel plant commits $1.75B to plant upgrades

Real Estate  •  Ottawa Citizen

Hamilton’s Dofasco plant will be among the first steelmakers to transition to production methods that don’t rely on coal, according to reports. The overhaul will reduce carbon emissions from the plant by around three million tonnes per year.

Repentigny, Quebec announces pilot project for EV police cars

BIZ  Carbon, Transportation  •  Infrastructure, Technology  •  Quebec

Repentigny, an off-island suburb north of Montreal, and its police department (SPVR) have introduced Quebec’s first all-electric police car in a six-month pilot project

RBC faces shareholder vote on climate standards

Finance  •  Bloomberg

Royal Bank of Canada (RBC) shareholders will vote on whether the bank should tighten its standards for sustainable finance. Inspired by a pipeline financing deal, shareholders will request more accountability from companies with weak targets and a lack of oversight.

B.C. delivered $765-million in fuel subsidies in 2021

Carbon, Energy  •  Pique Magazine

The B.C. government has provided more than $765 million in subsidies to the fossil fuel industry between 2020 and 2021, says a new report from the IISD. Due to Canada’s net-zero targets and oil demand, does it make economic sense?

EnergyTech Today › Why data driven tech accelerates ESG

Brad Pilgrim: CEO and co-founder, Parity Inc.

PSP Investments’ Green Bond Framework unveiled

Carbon, ESG  •  Newswire

PSP Investments has released a publication of its Green Bond Framework. Closely aligned with existing standards in green bond and sustainable debt markets, the new publication tool will enable PSP Investments to answer increasing investor demand for sustainable debt products.

Climate fund launched for industrial initiatives

Carbon, Energy  •  Yahoo

A new program to support industrial initiatives has been launched. Named the Output-Based Pricing System Proceeds Fund, it’s expected to help companies reduce greenhouse gas (GHG) emissions and deploy clean technology and green energy.

First Nation project to eliminate 38 tonnes of emissions

Carbon, Energy  •  National Observer

The B.C. government and Klahoose First Nation have teamed up for a new clean energy project. In a move that both protects the environment and fuels economic development, the micro-hydroelectric project will eliminate diesel fuel usage at its Wilderness Resort.

Line 5 closure won’t lead to crisis: environmental group

Real Estate  •  Globe and Mail

Toronto-based Environmental Defence, an environmental group, is challenging the idea that a closure of Enbridge’s Line 5 pipeline would lead to an energy crisis. Citing a U.S. report, the group believes that there will be little impact to the sector.

NuStar Energy L.P. sells terminal in Nova Scotia

Carbon, Energy  •  Business Wire

NuStar Energy L.P. has announced the sale of its terminal in Nova Scotia to EverWind Fuels for $60 million. The 7.8 million-barrel storage terminal is located at Point Tupper on the Strait of Canso, near Port Hawkesbury, N.S.

B.C. floods at least twice as likely: report

Real Estate  •  Globe and Mail

Catastrophic floods that swamped much of southern British Columbia were at least twice as likely because of climate change, according to a new report from Environment Canada. The study suggests that future events will get worse as global warming persists.

B.C. challenges Ottawa to release flood funds

Real Estate  •  Globe and Mail

B.C. communities are in disarray as they await funding to fix things following the floods that ripped through southern B.C. last November. Mayors across the province are challenging Ottawa to be swifter with flood recovery funds.

US could see dramatic sea rise in 30 years

Carbon, Social  •  Washington Post

America’s coastlines are at serious risk of witnessing a century’s worth of sea rise in just 30 years, a government report says. Sea levels will be 10 – 12 inches higher by the year 2050, with Eastern cities most at risk.

Megadrought causing record-level dehydration in US

Real Estate  •  Toronto Star

A new study finds that it is now the driest it has been in America’s West in at least 1,200 years. The American West’s megadrought has pushed past the 22-year drought experienced in the late 1500s.

What does the future of heating look like?

Energy  •  H2 View

Residential heat and hot water contribute 14 percent of UK carbon emissions, and experts wonder if hydrogen boiler and electric heat pumps are the answer to meeting its emissions targets.

Green transition to affect white-collar workers

Real Estate  •  Financial Post

Canada’s green transition is most likely to affect white-collar workers, according to a new report from the Royal Bank of Canada’s economic research unit. What’s more, approximately three million Canadian workers will be required to fill new roles.

Unilever CEO: Three shifts can bolster your green policy

ESG  •  GreenBiz

The world has reached a tipping point in terms of climate action, says former Unilever CEO Paul Polman. Awareness of ESG issues reached new levels around COP26 in Glasgow, and companies are doing their part to table their net-zero targets.

EU proposes carbon market reform

Carbon  •  Carbon Credits

In an attempt to limit price spikes, policymakers in the EU are looking at carbon market reforms. The EU emissions trading system (ETS) currently comprises a dwindling number of carbon offset permits that emitters must purchase to offset their emissions.