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SBTi validates Choice Properties’ net-zero targets

2 years ago

Choice Properties, the largest Canadian real estate investment trust, has validated its 2050 net-zero goal by the Science Based Targets initiative (SBTi), lending credence to its sustainability aims as it undertakes a decarbonization of its holdings.

Canadian electric vehicle (EV) manufacturer Lion Electric ended Q2 2022 with a leap in its revenue and EV deliveries, while operating at a gross loss.

The Hydrogen Centre of Excellence in Alberta has launched Advancing Hydrogen — Competition 1, a $20-million program over the next 24 months intended to support the province’s emerging hydrogen economy.

Hydron Energy Inc. is preparing for full-scale testing of its first-of-a-kind INTRUPTor I-Multi Mobile RNG Solution Centre — a gas upgrader designed to produce renewable natural gas (RNG) from biogas.

Sustainable Biz 2023 Media Kit

IMAGE: Tyler Choi.

Business editor

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OMERS, Ontario’s $121-billion pension fund for municipal employees that is one of Canada’s largest pension funds, announced in July that it’s selling its stake in the largest gas-fired cogeneration plant in the United States.

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OMERS Private Equity, an arm of Ontario-focused pension fund OMERS, has acquired a $128 million minority stake in the Arizona-headquartered solar operations & maintenance provider NovaSource Power Services.

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Canada and U.K.-headquartered First Hydrogen Energy has announced plans to expand its green hydrogen production capacity into North America, leveraging on the nation’s renewable energy resources and $547.5 million of funding to incentivize the use of heavy-duty zero emission vehicles.

Home by AVI

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A unit of CSI Solar Co Ltd, which is fully owned by photovoltaic (PV) module maker Canadian Solar Inc, intends to build a polysilicon factory in the Chinese province of Qinghai.

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A large-scale geothermal district heating project in Whitby, Ont., is getting a $44,250 boost for a feasibility study from the Government of Canada and the Federation of Canadian Municipalities through the Green Municipal Fund.

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British Columbia is increasing funding incentives for businesses to $10-million to develop products to reduce plastic pollution through a program called the CleanBC Plastic Action Fund.

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Calgary businesses like Wild Rose Brewery and Earthware are tackling the plastic waste problem with recyclable paperboard can carriers and zero-waste, reusable takeout containers as a single-use plastic ban looms ahead.

Fengate

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China’s fourteenth five-year plan shows the country could build enough wind and solar capacity to reach its emissions peak ahead of schedule, according to an expert, but continuing coal investments raise doubts.

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When we look at the numbers, we’re reminded how prevalent and imperative it is for concrete to be decarbonized. So what are the alternatives and how do we get it scaled and deployed as soon as possible?

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As cities race to amp up their heat mitigation efforts, some are replacing bare-bones cooling centres with full-service “climate resilience hubs” — offering everything from comfy A/C and phone charging to social services and emergency training.

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A bill making its way through Canada’s Parliament to codify the right to a healthy environment into law may need to change to be truly effective.

Real Estate Forum Club

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Iberdrola SA turned on Europe’s largest solar plant in western Spain as the country drives up output of renewable energy to cut reliance on fossil fuels.

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Hot weather and dry conditions are the usual suspects in any wildfire season, but a complex interplay of topography and unpredictable winds can create particularly challenging adversaries for firefighters, experts say.

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Climate hazards such as flooding, heat waves and drought have worsened more than half of the hundreds of known infectious diseases in people, including malaria, hantavirus, cholera and anthrax, a study says.

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Kentucky residents who are struggling to rebuild after devastating flooding face huge financial obstacles because almost nobody in the state has flood insurance. It may slow the recovery of areas hit by floods, which are largely inhabited by low-income families.

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