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Enbridge continues renewables development with wind, blue ammonia
Enbridge grows portfolio with wind, blue ammonia
Enbridge Inc. has announced participation in two renewable energy projects — an offshore wind farm off the coast of France and a blue ammonia project in Texas, as it continues its diversification from the oil and gas pipeline industry.
Svante to develop carbon capture for gas-fired plants
Svante, a Vancouver-based carbon capture company, has forged an agreement with Schenectady, N.Y-based GE Gas Power to develop the use of solid sorbents to decarbonize gas-fired power plants and lower carbon-capture costs with the expected growth in natural gas energy.
Risks, rewards of CRE sustainable finance: REALPAC
The Canadian sustainable finance market issues approximately $50 billion per year, and focus has been shifting to climate adaptation, according to REALPAC panelists at a webinar on low-carbon financing options for the commercial real estate (CRE) industry.
VueReal scales up energy-efficient LED printing
VueReal Inc., a Waterloo-based company behind a platform for energy- and resource-efficient displays and sensors, is expanding its manufacturing capacity with the help of over $10 million from the Canadian and Ontario governments.
Canada's budget brightens funding for critical miners
Canada's move to expand the investment tax credit for mining companies to compete with U.S. policies is accelerating funding talks for critical miners, Canadian mining company executives said. The budget will help bring in new equity investors, they specified.
EV industry to drive demand for industrial real estate
Driven by government incentives and a race among automakers to grab market share, the electric vehicle (EV) industry is set to fuel demand for industrial real estate for years to come, predicts CRE research firm YardiMatrix.
Tesla to build Shanghai factory for Megapack batteries
Tesla Inc. is opening a factory in Shanghai, capable of producing ten thousand Megapack energy product per year, to supplement output of Megapack factory in California. The battery production is equal to around 40-gigawatt-hours of energy storage.
Record EV battery plant breaks ground in Washington
Silicon battery manufacturer Group14 Technologies has begun constructing its second commercial-scale factory in Moses Lake, Wash, measuring at one-million-square-feet. It is expected to produce 20 gigawatts of silicon battery capacity per year for electric vehicles.
Is Canada ready for the critical minerals rush?
Experts and industry proponents say Canada has the potential to be a major player in critical minerals — but it needs to change the scope and scale of investment and regulation in order to get there.
U.S. to set new vehicle sale rules by 2032 to push EVs
The Biden administration will propose strict new automobile pollution limits this week that would require at least 54 per cent of new vehicles sold in the U.S. to be electric by 2030 and 60 per cent by 2032.
Climate focus at the World Bank’s spring meeting
Thanks to the efforts of Barbados’s prime minister Mia Mottley and her “Bridgetown Agenda”, the climate movement has shifted its focus toward the World Bank and the tens of billions of dollars it controls.
World Bank arm to halt support for new coal projects
The International Finance Corporation, the private sector arm of the World Bank, is to stop supporting new coal projects. The policy previously only required financial clients to reduce their exposure by half by 2025, and to zero by 2030.
G7 ministers consider endorsing new gas investments
Climate ministers of the Group of Seven countries may make the case for new investments in natural gas supply, despite assessments that such investments would thwart globally agreed climate change goals, according to a document seen by Reuters.
New York could change how it measures methane
Environmentalists are criticizing New York Governor Kathy Hochul for supporting a proposal to change how the state measures emissions of methane. If passed, opponents say, the measure would undermine the state’s climate law and set a dangerous precedent.
Climate coalitions seek safe harbour from antitrust
Global insurance and banking companies that form alliances to help them to tackle climate change need clear "safe harbour" guidelines from governments to allay fears they could be tripped up by antitrust rules, legal experts said.
Can ‘biodiversity credits’ propel global conservation?
Backed by the UN, an alliance of conservationists and policymakers is devising ways to finance the preservation of biodiversity by placing economic values on ecosystems. Some analysts say such schemes have the potential to boost conservation, but others are skeptical.
What's needed to scale low-carbon hydrogen?
In this zenith of the green hydrogen hype cycle, there are many challenges to work out. Those range from developing standards to verify clean hydrogen is clean, attracting at least half a trillion dollars to scale and establishing offtaker agreements.
Study shows historical massive retreats of ice sheets
A new study brings an ominous warning from the past, showing that some of the planet’s ice sheets retreated in pulses of nearly 2,000 feet per day as the oceans warmed at the end of the last ice age.
Coal capacity climbs worldwide despite promises
The capacity to burn coal for power went up in 2022, with most of the projects in China, despite global promises to phase down the fuel that's the biggest source of planet-warming gases in the atmosphere, a report found.
Here’s some good green news for a change
The eighth issue of Bloomberg Green’s magazine summarized the positive developments in the fight to limit global warming and reduce environmental damage. Millions of new green jobs, a jolt in renewable energy adoption and global pacts show progress.
Industry Events
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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