Quebec’s Letenda debuts zero-emission electric buses

BIZ  Carbon  •  Clean Energy, Technology  •  Quebec

Six years after first creating their concept for a fully electric bus, two Quebec entrepreneurs have unveiled Electrip, a 30-foot zero-emission vehicle which is ready for production.

Ford to run EV and gas engine businesses separately

Real Estate  •  Financial Post

Ford Motor Co. said on Wednesday its electric vehicle (EV) and internal-combustion engine (ICE) units would be run as separate entities, in a move aimed at supercharging its EV business as it plays catch up with Tesla Inc.

Car-sharing networks help automakers cut carbon

Carbon, Energy  •  GreenBiz

Tesla, Kia, Hyundai, Ford and Stellantis are just a few of the world’s automakers getting behind car-hailing networks to cut emissions. With already too many cars on the roads, experts believe that ride-sharing services could cut down gridlock and carbon.

Airlines launch Canadian Council for SAFs

BIZ  Transportation  •  Clean Energy, Investment, Technology  •  National, International

A group of 60 domestic, international and cargo airlines operating in Canada have aligned to create the Canadian Council for Sustainable Aviation Fuels, a non-profit focused on the production and supply of affordable, low-carbon, Canadian-made sustainable aviation fuels.

RecycleSmart earns award, plans smart sensor growth

BIZ  Carbon, Waste  •  Technology  •  National, Metro Vancouver

RecycleSmart, a Richmond-based provider of smart waste diversion, organic capture and recycling management technology, has been named to the inaugural Canada’s Top 50 New Innovators Award from Canadian Business and the 17th annual B.C. Top Employers’ List.

UN global treaty aims to disrupt the ‘Plastic Wave’

Waste  •  Sustainable Brands  •  Environmental Leader  •  CBC

Amazon launches private label for sustainable goods

Social, Waste  •  GreenBiz

Amazon has launched Aware, a new sustainable, private-label brand of consumer products, including apparel, household goods, and beauty products. The move is part of Amazon’s Climate Pledge Friendly program, launched in 2020 and expanded last year.

Coors Light eliminates plastic six-ring packs

ESG, Waste  •  CNN

Molson Coors is investing more than $85 million in a move that will eliminate plastic rings from packaging globally by 2025. The brand is expected to transition to fully recyclable and sustainably sourced cardboard-wrap carriers later this year.

PSP Investments issues new 10-year green bond

Finance, ESG  •  PR Newswire

PSP Investments has launched a 10-year green bond that will be used to fund projects with high environmental impact. Funding will address sustainable water and wastewater management, pollution prevention and control, and energy efficiency.

Sovereign bond markets in need of correction

Finance  •  Bloomberg

A fundamental change in the way sovereign debt markets operate is needed, This, according to research group Finance for Biodiversity (F4B), which argues the cost of capital for countries is driven by climate vulnerability and raises the chance of defaults.

Banks caught between sustainability and fossil fuels

Finance  •  GreenBiz

2021 was a record-shattering year for sustainable finance. Still, while progress is rising, the world’s largest banks — many of which have pledged net-zero climate goals — have disappointingly been pumping billions into new oil and gas projects.

5 ways companies can make an impact on deforestation

Waste  •  GreenBiz

Investing beyond value chains and cutting emissions from nature loss should be top of mind for companies when it comes to deforestation. Reports say deforestation in the Brazilian Amazon hit a historic high compared to this time last year.

World’s largest carbon capture project underway

Carbon  •  Environmental Leader

Continental Resources will commit $250 million over the next two years to help fund the development and construction of the project’s associated capture, transportation, and sequestration infrastructure. The project could be operational in the first half of 2024.

Trucking companies using solar technology to cut carbon

Transportation  •  Environmental Leader

Solar panels are being installed in U.S. trucking fleets to lower fuel and maintenance costs. Recently, one company announced a move to reduce each vehicle’s greenhouse gas emissions by more than 2,000 pounds annually.

Entergy offers formula to settle who pays for microgrids

Energy  •  Microgrid Knowledge

Should microgrids be rate-based, and if so, should the total cost be rate-based? A company called Entergy might have a solution. They created a resiliency-as-a-service program to pay for all the costs of industrial and commercial customer-sited microgrids upfront.

Simoneau acquires Novatherm Energy’s IP in deal

Carbon, Energy  •  Newswire

Simoneau has acquired the IP of Novatherm Energy, a Quebec-based company that manufactures electric boilers. The move will help the companies scale production of thermal energy production equipment manufacturing as they look to tackle global warming issues.

Chevron acquires Renewable Energy Group

Carbon, Energy  •  Business Wire

Chevron has announced that it will acquire Renewable Energy Group (REG) for $3.15 billion. The acquisition will allow REG to grow through Chevron’s manufacturing and distribution network, while Chevron aims to produce 100,000 barrels of renewable fuel per day.

Does Ontario Teachers’ Pension Plan have a gas issue?

Carbon, Energy  •  Corporate Knights

Ontario Teachers’ Pension Plan (OTTP) is progressing on climate change, but with stock in fossil-fuel companies, some are scrutinizing their sustainable goals. And despite divesting in oil and gas in 2020, deals in the sector have since been made.

Caisse de Depot sells Russian oil and gas assets

Carbon, ESG  •  Bloomberg

Caisse de Depot, Canada’s second-largest pension fund, has sold securities impacted by Western sanctions in Russia. The asset sale from its oil and gas portfolio raised concerns about dependence on Russian gas, as fund managers distance themselves from Russian entities.

Gas supply in jeopardy as Ukraine invasion continues

Carbon, Energy  •  Treehugger

As crisis looms in Ukraine, experts call on world leaders to get serious about renewable energy. As nearly one-fifth of the EU relies on natural gas from Russia, the ability to produce cheap green energy and find sufficiency is ever-important.