Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Canadian government commits $235.5M toward two green building initiatives

1 year ago

Feds commit $235.5M for green building programs

The Canadian government has announced two new green building programs totalling $235.5 million to support deep retrofits for commercial, institutional and mid- or high-rise multi-unit residential buildings, and up to six neighbourhoods across the country.

GHGSat to launch first commercial CO2 satellite

Montreal-based GHGSat Inc. will launch the world’s first commercial carbon dioxide (CO2) monitoring satellite in Q4 this year, with the aims of precisely measuring the emissions of industrial polluters and encouraging reductions of the climate-warming gases.

Hydro-Quebec to build off-grid biomass plant

Hydro-Quebec has announced a plan to build a forest biomass cogeneration plant to supply the Opitciwan community with off-grid power. The 4.8-megawatt capacity plant will cost $60.2 million and is expected for commission in July 2026.

General Fusion seeks $335M from feds for cleantech

General Fusion, a Vancouver-based fusion energy company, has asked the federal government for $335 million to continue to develop its novel nuclear technology in Canada, as countries around the world vie for clean energy’s holy grail.

Alberta to test oil and gas tax breaks for well clean-up

The Alberta government is moving ahead with a $10-million plan that would give oil and gas companies a tax break to clean up old wells, inviting a select group of landowner organizations to discuss a pilot project.

Opposition mounts against oil well clean-up plan

Alberta’s United Conservative Party government is facing growing criticism for a plan to give oil companies a royalty credit for cleaning up their old wells. Environmentalists, economists, landowners and analysts within Alberta Energy have all opposed the program.

Omit blue hydrogen from subsidies: climate groups

A coalition of climate groups and academics is asking Finance Minister Chrystia Freeland to exclude projects derived from fossil fuels from the Canadian government’s hydrogen production tax incentive. Instead, the government unveiled more incentives, clashing with their demands.

CCUS too expensive, takes too long to build: report

A report from the International Institute for Sustainable Development concludes carbon capture, utilization and storage (CCUS) costs too much and takes too long to build to help the oil and gas industry meet Canada’s 2030 emissions reductions target.

Canada enacts new greenhouse gas reporting rules

Companies that operate Canadian facilities emitting the equivalent of 10,000 tonnes or more in carbon dioxide equivalent of greenhouse gases per year are subject to new reporting requirements for under the federal Greenhouse Gas Reporting Program.

Kingston's first zero carbon residence

A six-storey project from Podium Developments is proposed as Kingston's first zero carbon residential development. The mixed-use development with 176 new dwelling units will feature a geo-exchange heat pump and a decentralized ventilation system on a unit-by-unit basis.

EPCOR could be last hope for parched Arizona suburb

An Arizona suburb facing severe drought conditions has its best hopes for a reliable water supply from EPCOR, a Canadian utility company. Though it will be two to three years before its U.S. subsidiary can help resolve the problem.

Metro Vancouver falls short of carbon reduction goal

An annual report that tracks Metro Vancouver's carbon emissions estimates greenhouse gas emissions have only dropped by one per cent from the 2010 baseline year. The region has a target of a 45 per cent reduction by 2030.

EU prepares to quit dirty energy club

The European Union is on the brink of withdrawing from an energy treaty that protects fossil fuel investments, following a major U-turn from the European Commission. The Commission on recommended that the bloc should withdraw from the Energy Charter Treaty.

Switzerland won’t follow EU out of energy treaty

Switzerland will not join the European Union’s proposed mass exit from a controversial energy investment protection treaty. The Swiss position has sparked fears that fossil fuel companies will restructure their investments through Switzerland to sue governments for climate action.

EU committee backs green buildings renovation drive

The European Parliament's energy committee on Thursday backed rules to renovate millions of European buildings to cut emissions and save energy, despite pushback against the rules from countries including Italy. Most are heated by fossil fuels.

EU lawmakers support ESG 'due diligence' net

A panel of European Union lawmakers on Thursday backed an amendment to extend the reach of groundbreaking draft legislation to force companies to check whether their suppliers use slave or child labour, or pollute the environment.

Renewables to be top electricity source in 3 years: IEA

Renewables will cover most of global electricity demand growth out to 2025, becoming the world’s top source of electricity within three years, new figures from the International Energy Agency (IEA) reveal. Global grid emissions will plateau or decline, it suggests.

AI predicts world over 1.5°C limit by 2030

Researchers from Stanford University and Colorado State University used  used artificial intelligence to predict warming timelines based on historical temperature observations, and found the Earth is on track to exceed 1.5°C of warming by 2030.

Shell’s board members face court over climate strategy

Directors at oil major Shell are being personally sued over the firm’s emissions targets and climate risk approach, with environmental law firm ClientEarth supported by several of the energy major’s investors in its case.

What the end of zero-COVID means for clean energy

China has ended its zero-COVID strategy, re-opening a critical link in the clean energy economy. As China re-opens factories, it is facing renewed competition with the U.S. and Europe. Will this affect the supply chains and costs of clean energy?

Industry Events