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Carbon Streaming invests in biochar, cook stoves

2 years ago

Carbon Streaming Corp. has an agreement with Restoration Bioproducts LLC to support construction of a biochar production facility in Virginia. It also plans to invest over $25 million in a clean cook stove and safe water investment portfolio in Africa.

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A massive mining project called the Ring of Fire is being proposed in Canada’s Hudson Bay lowlands, a region that houses one of the biggest peatland complexes in the world and is home to several Indigenous communities.

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A look at the Future 50 — Canada’s fastest-growing sustainable companies. The list identifies outstanding Canadian entrepreneurs and companies gaining significant traction in the fight against carbon – with exciting new solutions the world has yet to discover.

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Saint-Laurent Mayor Alan DeSousa was honoured with the Green Building Champion Award from the Canada Green Building Council at its Building Lasting Change conference in Toronto. DeSousa won for his outstanding achievements and successes in promoting green buildings.

Energy Profiles

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Royal Bank of Canada (RBC) has become caught up in efforts by Texas to limit action by banks against gun manufacturers and fossil fuel companies as attention intensifies on the divisive issues.

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Comprehensive retrofits of commercial buildings can reduce their energy use by up to 40 per cent, but are not happening anywhere near the scale needed to meet climate goals, according to an American Council for an Energy-Efficient Economy report.

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A gas station and garage aren’t typically what comes to mind when thinking of sustainability elements, but Windmill Developments has big plans for a condo project located on such a site in The Beaches area of Toronto.

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Google Cloud has entered into a new partnership for the development of an artificial intelligence-based energy solution to optimize the value of ENGIE’s wind portfolio on the short-term power markets.

Yardi Energy Suite

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A new organization — The DAC Coalition — has been formed to connect and mobilize companies engaged in the nascent direct air capture (DAC) sector and build public support for technologies that directly remove carbon dioxide from the air.

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A new University of Calgary study published on Thursday found that community-based environmental management (CBEM) programs can be more effective when Indigenous and local knowledge is incorporated compared to monitoring based on Western science.

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In 2016, an oil spill caused by a barge that ran aground dumped more than 110,000 litres of petroleum products into Gales Creek. In response, Heiltsuk First Nation began working on a climate action plan to get off fossil fuels.

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The Indigenous Seed Collection program is beginning this month in the Maritime provinces, conducted by Natural Resources Canada. It will expand across the country in the fall and eventually, it will be fully Indigenous-led.

Global Property Market

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Li-Cycle Holdings Corp. has closed on a partnership with commodity trading and mining company Glencore plc, including a $200-million investment. The deal also involves a global agreement under which Glencore will supply manufacturing scrap and end-of-life lithium-ion batteries to Li-Cycle.

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By harvest 2023, the plant – owned by Green Bison Soy Processing – is expected to be producing approximately 600 million pounds of refined vegetable oil annually, which will be supplied exclusively to Marathon Petroleum as a feedstock for renewable diesel.

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The automaker, owned by General Motors (GM), plans to transition its entire North American lineup to electric vehicles (EVs) by 2030. Its first EV is slated to arrive in 2024 as a 2025 model.

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System change is a large opportunity for the corporate and financial sectors. It soon will be an essential component of the most advanced corporate sustainability and responsible investing strategies.

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Decision-makers must close the 50-year ‘action gap’ on climate, a report released in advance of the Stockholm +50 meeting suggests. The meeting got underway on Thursday, marking a half-century since the 1972 UN Conference on the Human Environment.

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India’s largest electronics recycling firm Attero Recycling will spend $1 billion in the next five years and add plants in Poland, Ohio and Indonesia starting this year, according to Reuters, aiming to tap into a global boom for electric vehicles.

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Environment Minister Steven Guilbeault says a new agreement signed Thursday to co-operate with India on climate action is an opportunity for Canada to export its renewable energy technology, particularly related to making renewable energy a reliable source of electricity.

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Northern European countries are discussing plans to create a common power grid under the North Sea to connect future offshore wind farms as they seek to strengthen energy security, but the ambitious proposal faces financing and regulatory challenges.

Industry Events