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Shingle recycler Northstar marks progress on new Calgary facility

1 year ago

Northstar marks progress on shingle recycling facility

Northstar Clean Technologies Inc. has signed a 15-year lease for 4.4 acres of land and an offtake agreement with McAsphalt Industries Ltd. for all the recycled liquid asphalt production from the facility, marking progress toward its planned Calgary facility.

Wine corks get second life as ReCORK insoles

SOLE, a Calgary-headquartered footwear company, is giving used wine corks a second life by recycling them to make insoles that put a dent in footwear’s carbon footprint. The company collects and transforms wine corks into a carbon-negative insole.

ClearBlue Markets raises $8M in round led by RBC

ClearBlue Markets Holding, a carbon markets company, announced it has raised $8 million as part of its Series A financing led by RBC. The investment is geared to improving the usability of ClearBlue's platform.

Calgary's Eavor makes its mark across the Atlantic

A Calgary geothermal company, Eavor Technologies Inc., has been awarded a $135-million grant from the European Innovation Fund in support of the Canadian firm's geothermal project in Germany that is expected to power about 20,000 homes.

KKR to sell 50% stake in X-ELIO to partner Brookfield

U.S.-based buyout fund KKR has agreed to sell a 50 per cent stake in Spanish renewable energy company X-ELIO to Canadian asset manager Brookfield, the two funds said on Tuesday. Brookfield already owns the other half of X-ELIO.

Canadian Solar reports yearly and Q4 2022 results

Canadian Solar Inc. announced financial results for the fourth quarter and full year ended Dec. 31, 2022. The full year was marked with highlights like record revenues of $7.47 billion, a 42 per cent increase year-over-year.

Indigenous groups lead Canada's clean energy boom

The Indigenous Clean Energy Social Enterprise said Indigenous communities are so heavily involved in clean energy that they now own, co-own, or have a defined financial benefit agreement in place for almost 20 per cent of Canada's electricity generating infrastructure.

Is B.C.'s liquefied natural gas really green?

BC Liberal Leader Kevin Falcon says exporting more liquefied natural gas (LNG) from British Columbia will help reduce greenhouse gas emissions and fight climate change. But critics point to the full life-cycle of emissions from LNG that is being ignored.

Burnaby mayor wants to nix proposed compost facility

Burnaby Mayor Mike Hurley now wants to cancel a voting process that would carve out a 21-acre chunk of ecologically sensitive parkland at Fraser Foreshore Park to build a green waste recycling facility planned to reduce carbon dioxide emissions.

NB Power prepares for SMRs

NB Power will soon be applying to the federal nuclear power regulator in preparation for small modular reactors (SMRs) at the Point Lepreau Nuclear Generating Station. New Brunswick could become the first province to generate power with SMRs.

IPC CEO urges Canada to offer carbon capture funds

International Petroleum Corp (IPC), the first foreign oil company to sanction a project in Canada's oil sands in more than a decade, could add carbon capture and storage to the plant if more government financial incentives become available.

Canada's CCUS incentives match U.S.: think tanks

New research by the Canadian Climate Institute and the Pembina Institute disputes the claim that the U.S. Inflation Reduction Act has put Canada at a disadvantage when it comes to developing carbon capture, utilization and storage (CCUS) technology.

How to avoid greenwashing when investing

More Canadians are investing in sustainable funds. But finding ones that live up to their promise and are not greenwashing is challenging. Experts say it's crucial to look for specific actions rather than buzzwords and use screening tools like Morningstar.

How much more energy will we need with EVs?

As we switch to electricity to run our vehicles and heat our homes, we could need nearly triple the amount of power we’re using now by 2050. But it’s possible for all that energy to come from renewable sources.

'Climate time bomb ticking', UN chief says

U.N. Secretary General Antonio Guterres warned that the "climate time bomb is ticking" as he urged rich nations to slash emissions sooner after a new assessment from scientists said there was little time to lose in tackling climate change.

Environmental impact of big projects on SCC's docket

Canada’s next big environment/energy/jurisdictional battle is at the Supreme Court of Canada (SCC) next week. It concerns the sweeping national law for assessing the environmental ramifications of big projects, about as consequential as the carbon pricing case.

Credit Suisse quietly conquered debt-for-nature swaps

Credit Suisse was the sole structurer and arranger of the world’s largest debt-for-nature swap. The collapse of Credit Suisse isn’t just worrying for the global financial system. It's a banking crisis that also has real consequences for the environment.

The EU's Net-Zero Industry Act explained

The European Commission proposed the Net-Zero Industry Act to ramp up manufacturing of clean technologies in the EU and make the bloc prepared for the clean energy transition as part of the $270-billion Green Deal Industrial Plan.

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