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Alberta agencies offer $50M in hydrogen funding

1 year ago

Alberta agencies offer $50M in hydrogen funding

The Alberta government announced it will give out $50 million through Alberta Innovates and Emissions Reduction Alberta (ERA) to support the province’s hydrogen energy industry by aiding innovators and companies. Alberta sees hydrogen as critical for its energy transition.

CSA Group debuts natural asset management guide

The CSA Group has published a new standard detailing how parties like local governments and consultants can begin accounting and reporting on their natural asset inventories like forests, grasslands and waterways that provide infrastructure-based outcomes such as stormwater management.

Carbon emissions could raise debt costs for Canada

A worldwide shortfall in curbing carbon emissions could result in increased debt-servicing costs for 59 countries, including Canada, over the forthcoming decade, as per a study simulating the economic repercussions of climate change on current sovereign credit ratings.

Ottawa may tie provincial power funding to 2035 goal

The federal government is considering restricting billions of dollars in tax credits and grants for electricity projects to provinces that commit to the 2035 target for an emissions-free electricity grid. Alberta and Saskatchewan have rejected the 2035 goal.

N.B. Power plan shows 'uncertainty' on net-zero

N.B. Power is continuing to grapple with major uncertainty as it lays out its plan to decarbonize its electricity grid in time for a 2035 deadline. "No silver bullet" to hit the federal target, the utility said in a projection.

Manitoba Hydro's resource plan for a clean transition

Demand for electricity could surge over the next two decades and to address this, Manitoba Hydro is relying on a new framework. It details how increased demand could coincide with the need for clean energy sources.

Gildan's science-based climate targets approved

Gildan Activewear has announced that the Science Based Targets initiative (SBTi) has validated that the company's 2030 near term greenhouse gas emissions reduction targets are in conformance with SBTi criteria, marking a milestone in the company's ESG strategy.

Morgan Stanley gets to 70% of $1T ESG funding goal

Morgan Stanley said it’s more than two-thirds of the way toward achieving its target to finance $1 trillion of low-carbon and sustainability investments by the end of the decade. More than $550 billion went to green activities.

World’s biggest offshore wind turbine rises

About 15 miles south of Martha’s Vineyard, Massachusetts, the biggest turbines in the world stood up. It’s the first offshore power substation in the U.S. and is expected to generate enough electricity to power 400,000 homes by 2024.

A recycling industry is taking shape for solar panels

Sunlight beats down on a graveyard for dead solar panels in Yuma, Arizona. The great majority of worn and damaged panels are still dumped in landfills. But with more and more piling up, many people know that needs to change.

Most shippers, global retailers flunk decarbonization

Ship It Zero’s most recent report card on global ocean carrier lines and international retailers concludes most shipping companies are not taking the actions needed to decarbonize their operations and few major retailers are doing their part to decarbonize.

New Zealand, BlackRock partner on renewables goal

New Zealand's government said Tuesday it will partner with U.S. investment giant BlackRock in its aim to become one of the first nations in the world to have its electricity grid run entirely from renewable energy.

Uruguay's potential to lead on green hydrogen

Uruguay’s renewable energy sector still has room to run with multi-billion dollar plans to build synthetic fuel plants and as data centers are set to boost demand for wind and solar power, said Marcelo Mula, who heads the trade group Auder.

Report lays out policies to activate IRA

The Inflation Reduction Act (IRA) will allow the U.S. to take a major step towards its long-term climate goals, but more action is needed to stimulate the trillions of dollars in investment needed to deliver a net-zero emission economy.

U.S. clean energy developers hyped about IRA

According to the latest annual survey conducted by the American Council on Renewable Energy, major developers and investors unanimously expect the U.S. to become more attractive for renewable energy investment in the next four years compared to other countries.

Top 10 countries undergoing a renewables transition

Energy Monitor reveals the ten countries set to experience the most dramatic power sector transformations over the next five years. The top country is St. Lucia, which is leaping from 5.2 per cent renewables to 41.3 per cent.

U.K. government bets on ‘pragmatic’ climate inaction

The U.K. government led by Prime Minister Rishi Sunak has gone from indifference to hostile to climate measures in recent weeks, re-iterating its backing for oil production and polluting vehicles after previously cutting climate finance.

California court says county can’t enforce oil well ban

The California Supreme Court ruled Monterey County cannot enforce a voter-approved ban on new oil and gas wells, a decision that comes amid an ongoing battle over how the state should address the impacts of fossil fuel extraction.

Ocean heat record broken, with grim implications

The oceans have hit their hottest ever recorded temperature as they soak up warmth from climate change, with dire implications for our planet's health. More carbon dioxide will linger in the atmosphere and marine life will be impacted.

Chile's winter heat wave offers view to warmer world

A winter heat wave bringing historically high temperatures to Chile is a "window" to an increasingly warm future, according to scientists. Heat waves and intense rainfall brought springlike conditions in the dead of the Southern Hemisphere winter.

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