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Recent Articles

Kontrol Technologies announces record Q1 revenues

2 years ago

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Smart building technology developer Kontrol Technologies Corp. has announced a first-quarter record — revenues of $26.6 million, up 702 per cent year-over-year.

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ClearBlue Markets and Deloitte Canada have announced an alliance to provide consulting and support to companies dealing with increasingly complex climate and carbon reporting requirements.

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A new report from Capgemini and Efma found that climate change is negatively impacting the insurance industry. Insurers focused on building climate-resilient business models will be better positioned to generate deeper customer trust while also boosting their relevance and profitability.

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The world is getting hotter and drier, making the incidence of wildfires more frequent. According to the Insurance Information Institute, the annual number of acres burned in wildland fires has more than doubled in the last two decades.

Building Lasting Change

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Airlines and fuel providers are experimenting with using hydrogen to power aircraft and vehicles. According to Edmonton International Airport (EIA) vice president Myron Keehn, the Edmonton area will be using a hydrogen aircraft by 2025 at the latest.

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With additional pressure coming from the recently proposed SEC green disclosure ruling around reporting emissions, as well as an increasing array of local regulations, tech platforms are becoming increasingly central to meeting regulatory requirements and making investment decisions.

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Technologies that capture carbon dioxide are attracting investment from major companies. The latest is a startup called Carbon Clean, which is looking to drive down the cost of carbon capture to an average of $30 per metric tonne.

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Solar Offset, an aggregator and carbon credit company in Alberta, has announced plans to open up the carbon credit market for small-scale renewable energy producers throughout Alberta and elsewhere in Canada.

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Zero waste is the focus for Mattress Recycling, whose new multi-million dollar recycling facility — located in the eastern Fraser Valley — has the capacity to take on large commercial clients in a low-emission building powered by hydroelectricity.

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On May 6, chief financial officer Luke Pelosi invested over $920,000 in shares of GFL Environmental Inc. He purchased 25,000 shares at a cost per share of $36.82, increasing this particular account’s position to 261,282 shares.

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NappiCycle is finding new uses for 92 per cent of the soiled diapers that end up in landfills. The company turns used diapers into carbon fibres that bind with asphalt to create roads twice as durable as conventional surfaces.

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Dollard-des-Ormeaux is offering financial assistance toward the purchase and installation of residential charging stations for electric vehicles. City council recently tabled a bylaw to launch the domestic-use subsidy program, with the objective of contributing to the fight against climate change.

Global Property Market

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The United Nations chief on Wednesday launched a five-point plan to jump-start broader use of renewable energies, hoping to revive world attention on climate change as GHG concentrations, ocean heat, sea-level rise, and ocean acidification reached record highs last year.

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In a new study published in tandem with the Institute for Sustainable Finance, researchers found that under a business-as-usual scenario, with no further GHG mitigation taken, allowing the climate to warm 5C by 2100 could cost Canada $5.5 trillion.

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Repairing riparian vegetation increases bank stabilization, increases biodiversity and mitigates impacts of climate change, according to an environmental technologist with Manitoulin Streams. He spoke about work done on Manitoulin Island, which saw the temperature in a creek drop by 5⁰C.

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Climate scientists and governments have begun to realize that reducing methane emissions offers the single biggest opportunity to address near-term warming. Fortunately, opportunities exist to reduce methane emissions, including plugging oil and gas leaks, rethinking waste disposal and activating markets.

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As the global plastic-pollution crisis continues to deepen, key stakeholders must come together to find and fund solutions. The introduction of plastic credits has brought with it a renewed cause for optimism.

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At GreenBiz’s annual conference on the circular economy in Atlanta, plastics experts and practitioners took the stage to discuss the ins and outs of the solutions to the plastics problem — and how to build the momentum to find success.

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Atmos Energy recently completed the installation of a natural gas-powered fuel cell at its corporate data centre to generate grid-independent electricity. The 460-kilowatt fuel cell generates electricity and heat through an electrochemical process to lower emissions.

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Companies are exploring a wide range of contract types and a broader range of companies of all sizes have gotten more comfortable with taking the plunge into renewables procurement. That’s according to a report from Clean Energy Buyers Association (CEBA).

 

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