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Parkland nixes plan for Burnaby renewable diesel refinery

1 year ago

Parkland nixes plan for B.C. renewable diesel refinery

Parkland Corporation, one of Canada's largest gas refiners and suppliers, has cancelled plans to construct a stand-alone renewable diesel facility at its refinery in Burnaby, B.C., citing an uncertain economy and the impact of the U.S. Inflation Reduction Act.

Whitesand biomass plant gets $35M investment

A plant that will use wood waste from the region to generate heat and power for Whitesand First Nation and Armstrong is set to become a reality after a $35-million federal funding announcement.

The potential of Canada’s lithium brine industry

Demand for lithium is rising globally, with major applications for cleantech. Though Canada does not have abundant mineable lithium, it may have a hidden trove of the mineral trapped in brine. Practically extracting it however, is a different story.

Ontario law targets faster approval of mining projects

Ontario is proposing changes to its mining legislation that would speed up mine approvals, as pressure mounts on the province to deliver on its ambitions to produce critical minerals for the nascent Canadian electric car industry.

B.C.’s CO2 storage regulations get feds' approval

The Canadian government has approved British Columbia’s carbon dioxide storage regulations. Now, companies pursuing carbon capture and utilization projects in the province can apply for the federal investment tax credit to cover the costs of the pricey procedure.

The industries behind Atlantic Canada's net-zero goals

The Atlantic Provinces Economic Council says governments need to address the four ‘C’s to make the path to net-zero clear for citizens and businesses: clarity, certainty, consistency, and cost. It also urges a decarbonization transition for five key industries.

St. John's studies adding electric buses to transit fleet

The City of St. John's is looking into adding electric buses to its Metrobus fleet. In a funding announcement Wednesday morning, the city said $200,000 will be spent on a feasibility study by the Canadian Urban Transit Research & Innovation Consortium.

What does Alberta's surplus mean for oil and gas?

At a time when there are questions about the future of the oil and gas industry, a drive toward diversification and federal initiatives to speed up emissions reduction, there's little in Alberta's budget that plots a long-term strategy on those fronts.

Indigenous leader accuses Imperial of leak cover-up

A northern Alberta Indigenous leader has accused Imperial Oil Ltd. of a nine-month coverup over a massive release of toxic oilsands tailings on land near where his band harvests food, threatening health and the local ecosystem.

Neighbours aghast at 'deforestation' of Ottawa land

The partners behind a future Ottawa suburb say they've been cleaning up brush and trees felled by last year's wind storm on a parcel of land just outside the urban boundary, but aerial images appear to tell another story.

KPMG served firms accused of forest destruction: ICIJ

Auditing giant KPMG has touted its environmental record and support for global sustainability. But the International Consortium of Investigative Journalists (ICIJ) found KPMG vouched a project in Canada that led to an Indigenous forest’s “death by a thousand cuts.”

Global CO2 rose less than expected in 2022: IEA

The International Energy Agency (IEA) said global energy-related carbon dioxide emissions rose by under one per cent in 2022 due to the growth of renewables and cleantech, but continued to march to the highest level on record.

Ukraine war leads to global rethinking around nuclear

Japan's U-turn on nuclear energy also mirrors how other countries — and their residents — are starting to come around on nuclear power, as the war in Ukraine has forced nations to consider alternative energy supplies that don't rely on Russia.

Why China keeps building coal power plants

China permitted more new coal power capacity in 2022 than any year since 2015, and all signs indicate that the surge will continue this year. But experts say China views the expanded capacity more like an insurance policy.

IMF warns against ‘protectionism’ in green subsidies

As rich countries compete to get electric vehicles made in their countries, the head of the International Monetary Fund (IMF) warned that a “slide into protectionism” will make it harder for poorer countries to access green technology and reduce emissions.

U.S. Senate overturns ESG investing rule

The Senate passed a resolution to overturn a Biden administration retirement investment rule that allows managers of retirement funds to consider the impact of climate change and other environmental, social and governance factors when picking investments.

Anti-ESG now seen as material risk to investors

Wall Street’s largest asset managers, private equity firms and brokers have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony over ESG principles has become a perceived threat to profits.

The environmental disaster lurking in a chocolate bar

Marked by child labor, deforestation and allegations of greenwashing, the chocolate industry has arrived at a critical juncture. As demand for cocoa climbs, the African nations where most of it is grown are seeking more compensation for impoverished farmers.

Carbon-absorbing power of trees, soil, may be waning

The past few years have brought concerns that the land carbon sink — plants, trees and soil — is becoming destabilized. The carbon absorption of the ocean and the Amazon may already be slowing down, leading to concerns from scientists.

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