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Brookfield, ALTÉRRA launch multibillion climate fund

11 months ago

Brookfield, ALTÉRRA launch multibillion climate fund

A newly launched Emirati investment manager announced it will support billions in funding toward the clean energy transition through a new fund managed by Toronto-headquartered Brookfield Asset Management Ltd. (BAM-T).

Svante co-founder tackles net-zero fuels with Hydron

Soheil Khiavi, the co-founder of the company that became carbon capture success story Svante, has taken on the challenge of producing net-zero fuels through his latest firm Hydron Energy Inc. Hydron's INTRUPTor system turns gas feedstock into clean fuels.

Spring Impact Capital launches $20M impact fund

Spring Impact Capital has unveiled a new $20 million fund to invest in Canadian businesses innovating in health and climate. The venture fund is an independent expansion of Spring, which focuses on Canada’s early stage impact investing ecosystem.

Canada’s climate-policy struggles could be valuable at COP28

The federal government is limping into COP28, the pillars of its climate-change strategy wobbling as public support wanes. But that bitter recent experience – and accompanying hard lessons – may be the most valuable thing that Ottawa brings to the conference.

Northvolt may use Que. plant to build aviation batteries: CEO

Swedish electric-battery maker Northvolt could devote part of its future Montreal-area plant to the production of aviation batteries. Northvolt’s first North American factory, which the company announced in September, will initially focus on making batteries for ground-based vehicles.

Regulations mean no new gas-fired plants: Capital Power CEO

Alberta’s Capital Power is not planning to build new natural gas-fired power plants in Canada as Prime Minister Justin Trudeau’s proposed electricity regulations to fight climate change make new investments in such facilities unviable, CEO Avik Dey said.

Ont. chiefs ask for judicial review of carbon price regime

A group representing more than 130 First Nations in the province has filed an application for judicial review of Canada's carbon price system in Federal Court, saying it places an unjust price on their communities without suitable cost relief.

Why Quebec’s 'wild west' wants Ottawa’s garbage

The elected warden of MRC Pontiac, Que., Jane Toller, wants to build a large waste-to-energy plant in the region, one of the poorest in the province, to make and sell electricity from the combustion of municipal waste.

Montreal says no to employees charging EVs at work

City hall is asking companies in Montreal to install electric vehicle (EV) charging stations to encourage employees to ditch gasoline cars, but the city itself has barred its 25,000 workers from plugging their personal EVs into charging stations at municipal offices.

EV makers can stop worrying so much about lithium

For at least the next year, it looks like carmakers can eliminate lithium costs as a major concern, with prices under pressure from a wave of new supply. The focus now is on how much further prices need to fall.

Tims has its first electric transport truck on the road in Ont.

The first Volvo VNR Electric Class 8 truck in Tim Hortons' fleet is based out of its distribution centre in Guelph, Ont. A second Tims electric truck will soon be based out of its distribution centre in Langley, B.C.

Project Arrow 2.0 hopes to strengthen Cda.’s EV ecosystem

From the maple hardwood floors to the red stripe down the centre and tons of cold weather features, the inaugural made-in-Canada prototype EV is a conversation piece. Now, the follow up — Project Arrow 2.0 — hopes to be a conversation starter.

New technology can charge electric vehicles as they drive

Crews have installed what's billed as the U.S.'s first wireless-charging public roadway for EVs beneath a Detroit road. Copper inductive charging coils allow vehicles equipped with receivers to charge their batteries while driving, idling or parking above the coils.

Investors exit clean energy funds as higher interest rates bite

The Global Clean Energy ETF (ICLN-Q), the biggest U.S. ETF tracking clean energy shares, was on track for record annual outflows as a rise in interest rates, surging raw materials costs and supply chain disruptions make the fund less attractive.

Wildfires could triple Canada’s industrial emissions

As wildfires burned 18.5 million hectares across Canada this year, greenhouse gas (GHG) emissions from those fires soared to record heights. But when Canada releases its annual GHG update in 2024, those emissions won’t be part of the tally.

John Risley doubles down on SAF with Calif. plant expansion

For the last seven years, Canadian billionaire John Risley's company World Energy has been producing sustainable aviation fuel (SAF), a low emissions liquid fuel used in commercial aviation. Now he's aiming to quintuple production at its Paramount, Calif. facility.

T.O. customers may have to ask for single-use plastics

Ordering takeout in Toronto won’t automatically mean you get cutlery, a cup and a bag if a new bylaw aimed at reducing single-use plastics in the city is approved. Customers will still be able to request those items.

Why Melbourne office towers are turning green

Owners of Melbourne, Australia’s office tower owners have identified climate change as a key commercial property investment risk, with strong sustainability credentials and owner willingness to move to an electrification pathway for buildings a “must have” requirement for new tenants.

The hidden environmental cost of your overflowing inbox

When consumers think about ways to reduce their carbon footprint, lowering their car usage, eating fewer animal products and reducing their waste likely come to mind.  But there’s another, perhaps easier, way to cut your emissions: delete old emails. 

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