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Finite Carbon launches Canadian forest offset program

2 years ago

Finite Carbon, North America’s largest developer of forestry carbon offset programs, has launched a Canadian carbon offset program. The program will offer forestland owners and First Nations communities to receive revenue from the sale of their forest carbon offsets.

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A few decades into the growth of the carbon market, carbon offsets are still nature-based. There is growing interest in removal techniques like carbon capture and storage and direct air capture but offsets will continue to be primarily nature-based solutions.

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The information provided by companies on ESG issues is not always clear or relevant to investors. Accountability for ESG criteria could take a giant leap forward in 2022 and part of the efforts in this direction will be in Montreal.

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As of Dec. 31, oil-powered heating is banned in all new construction projects across Quebec, part of the province’s push to reduce greenhouse gas emissions. In two years, Quebec will go further by making it illegal to replace existing oil furnaces.

Social Purpose Real Estate Financing

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The Responsible Investment Association recently shepherded 45 institutional investors who manage more than $4 trillion in assets to sign a Canadian Investor Statement on climate change that supports the transition to net-zero, but the statement received a very muted reception.

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Hotter days, crumbling coastlines, rising seas, reduced timber supply and a deteriorating Chignecto Isthmus that joins Nova Scotia to New Brunswick are part of a bleak picture of climate change impact in Atlantic Canada described in a new federal report.

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Removing emissions from public transit is far more complicated than swapping a diesel-powered bus for a battery-powered one. The challenges are far more nuanced, ranging from finding real estate and skilled labour to developing software from the ground up.

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Since the 2021 U.N. Climate Change Conference 61 per cent of countries, 9 per cent of states and regions in the largest emitting countries, 13 per cent of cities over 500,000 population, and 21 per cent of the world’s largest companies pledge to meet net-zero.

Decarbonizing Canada’s Large Buildings

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Mike Court, Graham Construction’s vice-president of health, safety, environment, quality and sustainability explained Graham first rolled out its health, safety and environmental management system around 2011 based on an ISO 45,000 standard, a global standard that includes a continuous improvement cycle.

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Progressive Planet Solutions Inc. is pleased to announce that Dr. Roger Mah, vice president of research and development, is part of the scientific team being published in the December 17 issue of Science.

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Green Biz has selected 12 business executives who stand out in areas key to accelerating action on climate and delivering positive social benefits. These leaders seek to steer their companies to help build a better world and hail from five nations.

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The Green Building Initiative (GBI) announced the approval of ANSI/GBI 01-2021: Green Globes Assessment Protocol for Design, New Construction, and Major Renovations by the American National Standards Institute (ANSI).

Real Estate Forum

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BC Hydro says the province set a new record for peak electricity demand on December 27 as temperatures hit extreme lows when demand for electricity hit an all-time high of 10,902 megawatts, higher than the previous record of 10,577 megawatts set in 2020.

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The top 10 most read Microgrid articles of 2021 told us a lot of newcomers are exploring microgrids, strong curiosity exists about project innovation and the role of microgrids during disasters. Readers are interested in policy changes and future vision for microgrids.

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Germany is on course to switch off its remaining three nuclear power plants by 2023 and phase out coal by 2030, whereas its neighbor France aims to modernize existing reactors and build new ones to meet its future energy needs.

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Front and center at COP26, carbon markets 2.0 seemed to be finally taking off. Net-zero corporate commitments are fueling demand as firms clamor to offset their hard-to-abate emissions with “high quality” carbon credits with purchases doubling over the past two years.

Yardi Pulse

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Two years have passed since Larry Fink, CEO of BlackRock Inc. declared a fundamental reshaping of global capitalism was underway and that BlackRock would help lead by making it easier to invest in companies with favorable environmental and social practices.

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Earlier this month, professionals gathered virtually at the ESG Integration Forum – US to discuss the ESG issues affecting governance and investor relations teams heading into 2022. The event began with discussing the looming ESG-related regulatory changes coming out of the SEC.

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After his landmark victory against Royal Dutch Shell, Roger Cox has never been busier. In May a judge in The Hague ordered the Anglo-Dutch energy supermajor to cut its carbon emissions by 45 per cent by 2030, sending ripples around the world.

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It is strange hearing activist lingo being used by politicians, but in 2021, many leaders did try their best to get into the good books of the younger crowd – by adopting their style of speech once they took to the podium.

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