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Carbonova plans Canada's first large-scale carbon nanofibre facility

1 year ago

Carbonova prepares for record carbon nanofibre plant

Carbonova Corp., which makes ultra-thin fibres from the by-products of greenhouse gases like carbon and methane, is laying the groundwork to build what it says will be the first large-scale commercial facility of its kind in Canada.

NOVA offers plan to build circular plastics economy

NOVA Chemicals Corporation is embarking on an ambitious mission to become the leading sustainable polyethylene producer in North America, as shown in its bold ESG strategy to create a thriving circular economy for plastics.

Second green hydrogen plant approved in Nova Scotia

Nova Scotia's Department of Environment and Climate Change has approved BearHead Energy’s plan to build a hydrogen production, storage and loading facility in Point Tupper, where it had previously planned to build a liquefied natural gas plant. 

Amp Energy to build Australian green hydrogen plant

Canadian renewable energy company Amp Energy has won the tender to build a five-gigawatt electrolyser and associated ammonia and green hydrogen production facility in Australia. Amp says the facility will create five million tonnes of green ammonia per year.

PSP integrates clean energy company into portfolio

A Northern Ontario-based hydroelectric power company - H2O Power - owned by the Public Sector Pension (PSP) Investment Board is being integrated into another one of PSP Investments’ assets, a clean power producer, developer and energy storage company.

Vancouver installs electricity 'kiosks' on film sets

In an effort to lessen the film industry's dependence on loud, diesel-burning generators, Vancouver has installed three "clean energy kiosks" to provide electricity to crews working on productions near the waterfront. The kiosks plug into the city's grid.

Canada’s chemical, fertilizer industries escape scrutiny

Opinion: While certain heavy industries in Canada have garnered the attention of funding programs and policymakers alike, the biggest polluter of the lot has not received the same attention: the chemicals and fertilizers sector.

Ottawa may delay sustainable jobs bill: minister

The federal natural resources minister has pushed back the timeline to introduce legislation guiding a transition of workers from emissions-intensive fields to what the government calls "sustainable jobs." The bill was opposed by Alberta's government, leading to the delay.

What Canada can learn from Sweden's electrification

In the 1970s, three quarters of Swedish homes were heated with oil boilers. Today, electric-powered heat pumps have all but replaced oil in single-family homes. Are there lessons for Canada's transition away from fossil heating?

Institutional investors making progress on ESG: report

Institutional investors are steadily integrating environmental, social and governance into their investment reporting and practices, according to a new report by the United Nations’ principles for responsible investment. Nearly all have formal, senior-level oversight and accountability for responsible investment.

Microsoft, Apple, Frontier show carbon removal efforts

More companies have joined the $1-billion Frontier advance market commitment initiative, including Autodesk, H&M Group, JPMorgan Chase and Workday. Plus, Microsoft and Apple have dedicated new funding to emerging carbon removal approaches.

First seagrass carbon credit methodology developed

A collaboration among four organizations created the first carbon credit accounting methodology in Europe for protecting seagrass beds that have a key role in mitigating the climate, and thus, allowing French companies to use the credits to offset emissions.

Key U.S. banks set to miss 2030 climate goals: report

A new report finds the six biggest U.S. banks — Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo — will fall short on their interim 2030 targets to reduce oil and gas emissions.

LGIM to vote against JPMorgan, Citi on fossil fuel loans

Legal & General Investment Management (LGIM), a U.K.-based fund manager of $1.5 trillion in assets, said it will support shareholder resolutions asking America’s biggest banks like JPMorgan and Citi to phase out financial support for fossil fuels.

U.S., Japan, Germany miss G7 fossil fuel goal: report

The U.S., Japan, Italy and Germany are still lagging behind their commitment to end new direct international public finance for unabated fossil fuels, according to Oil Change International and E3G. However, Canada, the U.K. and France have shown progress.

World Bank, U.S. urge climate lending reforms

The World Bank’s steering committee and U.S. Treasury Secretary Janet Yellen called for further reforms this year to expand the bank’s ability to respond to climate change, pandemics and other crises that are reversing development gains.

Climate border fee raises U.S. bipartisan interest

On both sides of Capitol Hill, there is budding interest in implementing taxes on carbon-intensive goods that enter the U.S. to counter Europe's carbon border tax, though Democrats and Republicans tend to be interested for different reasons.

Clean energy produced 39% of electricity in 2022

The world is on course for the first annual drop in the use of coal, oil and gas to generate electricity outside of a global recession or pandemic, according to a new report titled the Global Electricity Review 2023.

How Australia’s new city tackles climate change

Carbon neutral buildings and tree-lined streets are at the heart of plans for a brand new city in a pocket of Australia where temperatures can be among the hottest on earth and climate change looms as a major threat. 

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