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Putting a dollar value on CRE climate risk with ClimateFirst

7 months ago

Putting a figure on CRE climate risk with ClimateFirst

ClimateFirst, a Guelph, Ont.-based company, says its physical climate risk software is a unique offering in the burgeoning market of climate forecast technology for commercial real estate (CRE) by calculating the dollar value of the expected risks to properties.

City of Toronto opens reporting link for large buildings

The City of Toronto has implemented an energy and reporting bylaw and opened a reporting link that enables owners of large buildings to report energy and water usage. Buildings that are 50,000 square feet or larger must report starting 2024.

Energy upgrades, solar farm coming to CFB Gagetown

A new solar farm and energy efficiency upgrades to buildings are coming to CFB Gagetown in Oromocto, N.B. over the next several years. The federal government is spending $55.6 million to upgrade 255 buildings on the military base.

Consumer watchdog to crack down on greenwashing

The head of Canada's competition bureau, which regulates misleading marketing, wants more power from the federal government to tackle claims about companies' environmental commitments currently being considered in Bill C-59, which was tabled last November.

Hyundai Canada president calls for EV collaboration

Meeting electric vehicle (EV) adoption targets requires more collaboration in the ecosystem and mandates for chargers as well as vehicle sales, said Hyundai Canada president Don Romano, in a sector beset by a challenging mix of news.

Enbridge CEO unfazed by Ont. cities moving from gas

As Calgary-based Enbridge Inc. appeals an Ontario Energy Board decision that casts gas infrastructure as a stranded-asset risk, and a rising tide of local policymakers favour cleaner energy alternatives, the company’s CEO remains confident about the fossil fuel’s future.

DOE to fund Ballard's Texas fuel cell gigafactory

Ballard Power Systems has received notification from the U.S. Department of Energy that its applications for two grants totaling US$40 million under the Clean Hydrogen Electrolysis, Manufacturing, and Recycling Program have been selected for negotiation of financial awards. 

Johnson Controls pursues its sustainability vision

Johnson Controls is one of the world’s largest providers of building technology, software and services. To fulfill its vision to create "a safe, comfortable and sustainable world," it has committed to net-zero Scope 1 and 2 emissions in 2024.

The surge of smart meters around the globe

The landscape of smart electricity meter adoption is undergoing a significant transformation, driven by the Internet of Things (IoT) advancements. A recent analysis by IoT Analytics presents key insights and regional adoption trends expected to shape the market by 2024.

unspun, Walmart pilot innovative 3D weaving tech

Walmart has embarked on a groundbreaking pilot project with unspun, a trailblazing U.S. fashion technology firm, leveraging the world’s first 3D weaving technology. This collaboration aims to significantly diminish the environmental impact of garment creation.

Ceres honors climate champions with BICEP Awards

Last week, while dozens of business leaders gathered in Washington, D.C. to push for ambitious federal climate policy at LEAD on a Clean Economy 2024, Ceres recognized the business leaders, policymakers and organizations that took action in 2023.

Green hydrogen is transforming the energy landscape

The global discourse around sustainable energy solutions has gained momentum. As the world seeks cleaner alternatives to traditional fossil fuels, green hydrogen, a form of pure hydrogen produced using renewable energy sources, has emerged as a frontrunner for decarbonization. 

First U.S. commercial-scale offshore wind project done

Federal and state leaders gathered on Long Island, New York to commemorate the completion of South Fork Wind, a $740-million project and the first offshore wind project to obtain coverage from the Permitting Council's FAST-41 program.

SEC climate-disclosure rule and institutional investors

Institutional investors wanted greater transparency from public companies to inform their decision-making. Now that the SEC has decreased the scope of disclosures mandated from those companies, institutional investors need to know how to proceed in this new ecosystem. 

Abatable VCM reports about alignment with CPP

A recent report by Abatable, a market intelligence and carbon procurement platform, the voluntary carbon market (VCM) stands at a pivotal moment with notable expansion in projects among the top 25 developers and alignment with Core Carbon Principals (CPP) standard.

Canada in top 10 emitters of methane pollution: IEA

The world’s methane emissions remained stalled near record levels in 2023, and Canada tied for sixth on the list of top 10 emitters, the International Energy Agency (IEA) reported this week in its annual Global Methane Tracker.

IoT and AI are paving the way for a sustainable future

Amidst all the doom and gloom you may read about artificial intelligence (AI) and the Internet of Things, their integration into our daily lives and industrial processes have also brought about significant environmental benefits.

EU sets stage for ethical, sustainable AI innovation

The European Union’s Parliament has taken a significant step towards regulating AI technology within its borders with the approval of the AI Act on Wednesday, which would be overseen by an office ensuring its ethicality and sustainability.

China, the world’s leader on renewable energy

China has achieved stunning growth in its installed renewable capacity over the last two decades, far outpacing the rest of the world. But to end its continued dependence on fossil fuels, it must advance reforms to its national electricity system.

Despite Putin's pledges, Russia’s emissions keep rising

Russia's president Vladimir Putin has set targets to reduce greenhouse gas emissions by 2030 and get Russia to net-zero by 2060. Despite these pledges, Russia’s emissions have kept rising, and are unlikely to be halted.

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