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PCL riding huge burst of solar development activity

2 years ago

PCL Construction has seen a 60 per cent increase in solar construction revenue year-over-year, reaching over a half a billion dollars in 2021. By the end of the 2022, it expects to hit just under $800 million in solar revenue.

HydroGraph Clean Power Inc., a Vancouver-based materials manufacturer, has opened a plant in Kansas to produce graphene, a substance that can be used in low-carbon applications while being produced in a sustainable manner.

Construction company Butterwick Projects Ltd. has completed a “deep panelized retrofit” for a single-family home in Edmonton — the first of its kind in North America.

IMAGE: Sarah Bingham, Director of Development and Sustainability, Adera Dev. Corp.

Director of Development and Sustainability, Adera

CREW Vancouver Leadership Awards

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The federal government is proposing to use an industry-specific cap-and-trade system or a modified carbon pricing system to set a ceiling for emissions from the oil and gas sector and drive them down almost 40 per cent by 2030.

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Wildfires and heatwaves wreaking havoc across swathes of the globe show humanity is facing “collective suicide”, the UN secretary general has warned, as governments scramble to protect people from the impacts of extreme heat.

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Nexii, a Vancouver, B.C. startup with the distinction of being Canada’s fastest company to ascend from launch to unicorn status — has raised a new $35 million round. The company said its current valuation is nearly $1.6 billion.

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Backed by millions of dollars in fresh funding, Fieldless Farms sees fertile ground for expansion as it strives to get its hydroponically grown produce into grocery stores across the country.

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Nearly a dozen carbon capture projects from Alberta’s oilpatch and industrial sectors will receive an injection of cash from the provincial government aimed at accelerating the deployment of more than $20 billion in capital spending on emissions reduction.

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Canada should make a “big bet” on carbon capture to lower emissions from the oil and gas sector, Mark Carney, former governor of the Bank of Canada told delegates at the International Economic Forum of the Americas in Montreal.

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While the idea of using nuclear power to replace the fossil fuels burned in Canada’s oil-sands production has been bandied about for years, some experts say the reality could be just a decade or so away.

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The sooner Canada’s corporate and government leaders get out in front of an inevitable decrease in demand for crude oil, the less devastating job losses will be, argues Corporate Knights.

Energy Profiles

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A detailed carbon reduction roadmap for agriculture will have to compete with a menu of other farm sector priorities at a high-level meeting in Saskatoon this week, as federal, provincial, and territorial ministers write Canada’s next Agriculture Policy Framework (APF).

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Cascadia Seaweed Corp., with the help of research partners, is looking at using seaweed in agriculture feed – based on the premise that adding seaweed to cattle feed could help reduce methane emissions.

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B.C. company Quantum Technology made its case for hydrogen power as the way of the future during a company showcase to prospective partners and government officials and trumpeted its hydrogen liquefier as a potential player for green energy.

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Canada’s aerospace industry can put itself on the map thanks to the development of green technologies, federal industry minister François-Philippe Champagne said as he participated in the Farnborough International Air Show in the United Kingdom.

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A CBC News data analysis shows that immigrants and people with low income are most likely to live in the hottest urban areas. This makes them much more vulnerable to heat waves, with deadly consequences.

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A new tax credit will make energy retrofits for multi-unit residential and commercial buildings more affordable, saving owners 5 per cent on retrofits to help reduce their energy use.

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Renewable power is not exempt from global trends that are pressuring prices upwards. But at the same time, renewable power could provide some relief from rising power prices.

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McDonald’s Canada summarized its efforts toward reaching net-zero greenhouse gas emissions by 2050 with moves like using its first-ever electric vehicle from Volvo and sourcing 100 per cent of its primary guest packaging from renewable sources by 2025.

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