Lightspark, Scotiabank to pilot home decarbonization

BIZ  Carbon, Energy  •  Homes  •  National, Metro Vancouver

Cleantech software company Lightspark Software Inc. is piloting its home software decarbonization platform in Calgary and Edmonton with support from Scotiabank.

EY Canada deepens ESG business line, acquires AFARA

BIZ  ESG  •  Investment  •  Toronto / GTA, Calgary

EY Canada is expanding its ESG footprint with the acquisition of AFARA, a sustainability consulting firm with offices in Calgary and Toronto.

CP Railway releases carbon emissions calculator

BIZ  Carbon, Transportation  •  Infrastructure  •  National, International

Canadian Pacific Railway Ltd. has launched a web-based carbon emissions calculator companies can use to estimate the greenhouse gas emissions incurred from shipping freight via the CP rail network.

Kite gets new funding for app linking people to e-vehicles

BIZ  Transportation  •  Technology  •  Toronto / GTA

Kite Mobility has closed a funding round with Toronto-based impact investor Good & Well to support deployment of its app, which connects residents to electric bikes, scooters and cars.

Oil and gas should invest windfall into climate: Guilbeault

ESG  •  CityNews

Oil and gas companies can show their commitment to climate action by investing some of their record profits to cut their emissions, Environment Minister Steven Guilbeault said on Sept. 23.

How long can coal’s renaissance last?

Real Estate  •  Business In Vancouver

Over the last year and a half, the renaissance of coal – both kinds – has been gobsmacking. No one saw coal prices of US$400 to US$600 per tonne coming, including those in the coal industry.

Alberta hit with $3.83B lawsuit over coal exploration ban

Real Estate  •  Financial Post

Atrum Coal Ltd. of Australia and its subsidiary, Elan Coal Ltd., have filed a $3.83 billion claim against the provincial government over its decision last March to impose an indefinite moratorium on coal exploration in the area north of Crowsnest Pass.

Miners worried about geopolitics and ESG: EY survey

Real Estate  •  Financial Post

OPG to sell clean energy credits to Microsoft

Real Estate  •  Globe and Mail

Microsoft will buy clean energy credits from Ontario Power Generation’s (OPG) hydroelectric dams and nuclear reactors, the two companies announced Monday. The 10-year agreement represents the first marquee customer for OPG’s clean energy credit trading business.

WSP outbid for acquisition of RPS

Real Estate  •  Globe and Mail

Canadian engineering giant WSP Global Inc. is weighing its next move after being outbid by U.S. rival Tetra Tech Inc. in the planned acquisition of British environmental consulting firm RPS Group PLC.

Ford constructs $7.7B EV factory in Tennessee

Real Estate  •  Bisnow

Ford Motor Co. has started construction on its largest-ever factory project: a $5.6 billion (C$7.7 billion) electric vehicle factory in Tennessee.

Uber to offer only EVs in Canada, U.S. by 2030

Transportation  •  Treehugger

Ride-sharing platform Uber set a major goal of only offering electric vehicles (EVs) in its fleet by 2030. According to Uber CEO Dara Khosrowshahi, this means drivers without electric cars will not be allowed to use the platform.

East Coast beginning long road to recovery post-Fiona

Real Estate  •  Globe and Mail  •  Globe and Mail

Atlantic Canadians emerged from their battered homes Sunday to take stock of the destruction left behind by Fiona, one of the most devastating post-tropical storms ever to hit the region.

What Hurricane Fiona means for future storms

Real Estate  •  Globe and Mail  •  Toronto Star

Adam Fenech has spent the past several years thinking about how climate change will affect people across the country, especially in Prince Edward Island where he lives.

How climate change is affecting property insurance

Real Estate  •  STOREYS

Extreme weather-related events caused by climate change can severely impact things like property insurance, which then in turn can affect mortgages — and whether or not you’re able to buy the house at all.

Louisiana faces an insurance, housing crisis from climate

Real Estate  •  NBC

Tens of thousands of people are scrambling for homeowners insurance and dealing with fears of skyrocketing shelter costs in Louisiana at the peak of hurricane season after recent storms drove their carriers out of business.

How sustainability makes real estate more transparent

Real Estate  •  Hospitality Net

Sustainability is a new marker of transparency in real estate as investors, companies, governments and the public increasingly look for clear long-term targets, regulatory standards and metrics to measure environmental impact and risk.

Environmental Defence issues anti-sprawl platform

Real Estate  •  Daily Commercial News

Environmental Defence has issued a statement urging Ontario municipal candidates to pledge to build more homes in existing suburbs rather than contributing to sprawl into farmlands, forests and other natural areas.

EU green shift to cost energy grid $660B: Draft document

Real Estate  •  Globe and Mail

Investments of more than half a trillion euros will be needed to modernize Europe’s energy grid this decade, if countries are to succeed in ramping up wind and solar power to break free from Russian gas, a draft EU document showed.

Dutch rewilding project turns back the clock 500 years

Real Estate  •  The Guardian

“On the way to being one of the most beautiful nature areas in Europe,” reads a sign overlooking a construction site near the village of Grevenbicht on the Meuse River in the southern Netherlands.