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The Canadian scientist helping to shape the future of carbon removal
Cdn. scientist helping to shape the future of carbon removal
As chief carbon scientist at Deep Sky, a Montreal-based carbon capture company, Phil De Luna is committed to taking the technology to the next level. Because without it, he doesn't believe the world has a hope of mitigating climate change.
Rethinking tower design at the sustainable Chelsea Gardens
Designing the Chelsea Gardens rental tower slated for Brampton, Ont. required a “totally different way of looking” at residential towers to achieve net-zero and zero carbon, one of the architects behind the project said.
Brookfield Renewable reports record results
Brookfield Renewable Partners LP (BEP-UN-T) reported Q4 2023 net income of $264 million, after reporting a loss in the same period a year earlier. For the year, the company reported net income of $616 million.
Carbon capture tax credit could cost $1B more than expected
In several federal budgets, Finance Canada forecast the carbon capture, utilization and storage investment tax credit would cost $4.6 billion between 2022-28. The Parliamentary Budget Officer now estimates it will cost $5.7 billion.
Feds announce investment in Que. clean hydrogen project
The federal government has announced an investment of more than $3.3 million in Gazifère Inc. for a clean fuels project in Gatineau, Que. The investment will support Gazifère in conducting a hydrogen blending feasibility study.
Clean hydrogen driving the next Gulf Coast energy boom
Everyone from ExxonMobil (XOM-N) to pure-play renewable developers hopes to turn Houston into a global centre for low-carbon hydrogen. Cleaning up hydrogen could position the Gulf of Mexico at the centre of efforts to decarbonize a range of dirty industries
Farmers anxious over carbon price carve-out bill
Canadian farmers may have to wait months to find out if they’ll owe thousands of dollars for carbon pricing this year, as a bill that would give them a new exemption remains mired in political conflict.
Thunder Bay mill gets $5M from provincial government
The Thunder Bay Pulp and Paper mill is receiving $5 million from the Ontario provincial government to modernize its electrical system. The funding is part of Ontario's forest biomass program, which aims to make use of mill by-products.
Businesses' move to electric fleets won't be easy
The move to cleaner transport and delivery vehicles comes with its own set of challenges that might not be apparent right off the bat, panellists at an event about electric fleet transitions at the Toronto Region Board of Trade said.
This year, the West will fight China in the EV trade war
OPINION: This fight is shaping up to be an epic battle, covering a variety of minerals critical to electric vehicle (EV) production and with implications reaching deep into national decarbonization policies and supply chains, not only for Canada.
Once soaring EV stocks now face a bleak future
A torrent of bad news for the EV sector confirms how far it has fallen in just a few years. It’s a sharp turnaround from the days of the pandemic when investors were clamouring for exposure to the sector.
Companies continue to link executive pay to ESG measures
Over the past three years, the use of environmental metrics rose from 27 per cent to 50 per cent in Canada, with carbon emissions reduction the most common metric, according to a new report by insurance company WTW.
Controversial Cdn. tech sinking carbon into the oceans
Several Canadian regions will be recruited this year to help expand testing of a controversial theory. Adding tons of magnesium hydroxide to waters around ocean-side communities may become an effective new tool in the urgent fight against global warming.
LDES could unlock Ontario's sustainable energy future
A new report, Long Duration Storage Opportunity Assessment: A Critical Component in Growing Ontario's Clean Energy Economy, illustrates the potential of long duration energy storage (LDES) to contribute to the realization of the province's economic growth and energy transition objectives.
Pension funds pushing RBC to disclose clean energy funding
A shareholder resolution filed by the New York City Employees’ Retirement System and Teachers’ Retirement System asks that RBC (RY-T) fully report a ratio of how its clean energy funding compares to its fossil fuel funding.
Anaergia says first tranche of strategic investment closes
Burlington, Ont.-based renewable fuels company Anaergia Inc. (ANRG-T) says the first tranche of a previously announced equity investment of $40.8 million from Marny Investissement has closed for gross proceeds of $12.5 million.
Sustainable jet fuel supply crunch endangers targets
Airlines could struggle to reach their near-term climate goals, according to Kristof Van Passel, head of procurement operations and development at Cathay Pacific. That’s because the supply of lower-carbon sustainable aviation fuel is “coming online slower than anticipated,” he said.
Heart Aerospace raises $107 million in Series B funding
Swedish hybrid-electric airplane maker Heart Aerospace, which counts Air Canada (AC-T) among its investors, says it raised a total of $107 million in Series B funding. This round brings the total financing raised to $145 million.
Microsoft signs carbon removal deal with Grassroots Carbon
Carbon removal company Grassroots Carbon will provide Microsoft (MSFT-Q) with soil carbon drawdown credits. The credits, which represent additional carbon sequestered over a 30-year period, mark Microsoft’s first investment in carbon credits generated from regeneratively managed grasslands.
‘Sustainable tourism’ gives way to ‘regenerative hospitality’
At the recent IMPACT Sustainability Travel and Tourism conference in Victoria, B.C., the main discussions were about "regenerative hospitality," a reframing of sustainable tourism toward solutions that heal the damages done to our environmental, social and economic systems.
Industry Events
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ESG Summit Canada
Oct 30 2024
Arcadian Court, Toronto
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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