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Sustainable investments lagging interest: Mackenzie Investments survey

6 months ago

Sustainable investments lagging interest: Mackenzie survey

While over two-thirds of Canadians have positive views of sustainable investing, less than one-quarter have investments matching that belief, exposing a gap between words and deeds, according to a survey by Mackenzie Investments.

Indigenous communities leading the clean energy transition

Indigenous lands are often the birthplace of clean energy initiatives aimed at repairing the damage done by gas extraction, addressing environmental degradation and economic challenges alike. These projects are made even more personal by Indigenous peoples’ connections to the land.

High interest rates threaten rollout of green economy: report

Renewable energy companies in Canada are feeling the pinch of higher interest rates, which a new report published by global consultancy firm Wood Mackenzie says could make the net-zero transition more costly and difficult.

Flair Airlines highlights sustainability initiatives

Edmonton-based Flair Airlines has released its 2023 Sustainability Report. "On average, we're about 30 per cent less carbon emissions per flight than other traditional carriers," Amanda Mesluk, the senior manager of sustainability at Flair, said.

GM, Ford count on gas-powered trucks as EV growth slows

General Motors (GM-N) and Ford (F-N) face a challenge in common when they report Q1 results next week: explaining to investors where profit growth will come from in the months ahead as electric vehicle (EV) growth slows.

Street EV charging with cords to be allowed in Victoria

Fast-charging fees will be levied based on power delivered, and EV owners will be allowed to charge their vehicles on the street near their home, in an effort to expand the use of EVs in Victoria, B.C. 

Personal EV demand wanes, business case for change grows

A new report from Canadian telematics firm Geotab found 81 per cent of medium-duty internal combustion engine vehicles and 58 per cent of heavy-duty trucks have daily usage within the range of commercial EVs currently on the market.

U.S. has a fast EV-charging station for every 15 gas stations

Almost 600 public fast-charging stations were switched on for U.S. drivers in the first three months of the year, a 7.6 per cent increase over the end of 2023, according to a Bloomberg Green analysis of federal data.

Tesla co-founder built an EV battery colossus to rival China

Tesla co-founder JB Straubel's battery-recycling company, Redwood Materials, plans to manufacture enough cathode active material to build over 1.3 million EVs per year by 2028, in addition to other battery components that have never been made in the U.S. before.

There’s no easy answer to Chinese EVs

Chinese EVs — cheap, stylish and high quality — should be a godsend to the Biden administration. Instead, the White House is going out of its way to keep Chinese EVs out of the U.S. What gives?

Toronto adopts renewed climate actions

Toronto adopted a renewed series of actions to reduce greenhouse gas emissions as it released its first Annual TransformTO Net Zero Progress and Accountability Report. The report addresses critical steps since the net-zero strategy’s adoption in December 2021.

World’s tallest timber building redefines Perth’s sustainability

Perth, Australia could become home to the world’s tallest hybrid mass timber building. On completion, the C6 residential tower is planned to reach 50 storeys, which soars above the current record-holder, a 25-storey tower in Wisconsin.

Climate damage could cost $52T per year by 2050: study

Damage to farming, infrastructure, productivity and health from climate change will cost an estimated $52 trillion per year by 2050, German government-backed research finds, a figure almost certain to rise as human activity emits more greenhouse gases.

U.S. companies can’t be sued for not disclosing climate risk

The U.S. Supreme Court unanimously ruled shareholders cannot sue companies for securities fraud when they fail to disclose information about future risks, unless the omission made their statements deliberately misleading. 

How to reduce the climate impact of urban farming

Urban gardening might seem fairly innocuous when it comes to its overall carbon footprint, but when compared to conventional agriculture, a study released earlier this year would suggest otherwise. But there are ways that gardeners can reduce their impact.

Meet the woman making Ikea more sustainable

Ikea encourages sustainable consumption habits for the 700 million people who visit its stores each year. The executive leading these strategies is Karen Pflug, chief sustainability officer at Ingka Group, which operates most Ikea stores.

Western U prof gets innovative with green tech

An experimental farm near London, Ont. features an indoor farm on wheels, a solar-powered hydrogen electrolyzer and a machine that makes protein bars from recycled plastic bottles – though no one wants to eat one until it passes toxicity tests.

Volkswagen Canada launches pollution-eating paint murals

To celebrate the arrival of spring and to underscore the brand's commitment to sustainability, Volkswagen Canada is launching the first of three commissioned pollution-eating paint murals. The mural is located on Toronto's Ossington Avenue.

Eat more chicken, build more microgrids

Thanks to a new microgrid, a Santa Rosa, Calif. Chick-fil-A will be able to keep dishing out chicken sandwiches at its expected pace, even during an outage. A similar system was commissioned at a Chick-fil-A in Stockton, Calif. in 2022.

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