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CPP on track to hit $130B in green investments by 2030
CPP on track to hit $130B in green investments by 2030
In its 2023 Report on Sustainable Investing, CPP Investments has reaffirmed its commitment to hastening the transition to a low carbon economy. With $575 billion in assets under management, CPP ranks among the world's largest pension funds.
Business leaders see importance of climate plans: survey
A survey commissioned by BMO of 700 small and medium business leaders in Canada and the U.S. found that 62 per cent of those north of the border see a climate change plan as good for business.
Calgary's Litus meeting growing global need for lithium
Calgary-based Litus, co-founded in 2019 by Dr. Ghada Nafie, has developed a new process using nanoparticles to extract lithium right from the source in a significantly more effective, economical and environmentally sound manner.
Renewable-powered grid by 2035 ‘fantasy thinking’: Smith
Alberta Premier Danielle Smith said achieving a fully renewable grid by 2035 could lead to blackouts because Alberta wouldn’t have a reliable source of baseload power, such as natural gas. Her government has argued for a net-zero grid by 2050.
Feds exempt home heating oil from carbon tax for 3 years
The government will exempt home heating oil from the carbon tax for three years, double the rural supplement in the rebate program and offer new programs Prime Minister Justin Trudeau said will help rural Canadians switch to alternative heating sources.
BP expands EV network with Tesla chargers
BP has brokered a $100 million deal with Tesla (TSLA-Q), allowing bp pulse, BP’s electric vehicle (EV) charging subsidiary, to purchase and deploy Tesla’s charging units. This is first instance of Tesla’s chargers incorporated into an independent EV charging network.
PyroGenesis to voluntarily delist from Nasdaq
Sustainable technology supplier PyroGenesis Canada Inc. (PYR-T) intends to voluntarily delist its common shares from Nasdaq. Shares will continue to trade on the Toronto Stock Exchange. The company previously announced it was evaluating the costs of maintaining a dual listing.
Ontario EV charger funds directed outside big cities
EV ChargeON funding is now available for EV charger installations in small- to mid-sized Ontario communities with populations no greater than 170,000. Businesses, not-for-profit organizations and broader public sector proponents are eligible for up to half of qualifying costs.
Is B.C.'s 2035 electric vehicle goal achievable?
The B.C. government’s goal of having all new light-duty vehicles sold be electric by 2035 could be tough to achieve without expanded charging infrastructure and more incentives to make EVs affordable, observers say.
More alarm bells sound on slowing demand for EVs
High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles. EV sales are still growing strongly, but that demand is not keeping up with the expectations of automakers.
Electric travel trailers could upend RVing
Following the Tesla (TSLA-Q) playbook, San Francisco’s Lightship and Silicon Valley-based Pebble aim to not just electrify a century-old icon of the American road; the companies are attempting to reinvent it for the EV age.
Halifax prof. nurtured a network of battery entrepreneurs
At the heart of a Halifax-based research hub for batteries is Jeff Dahn, a professor of chemistry and physics at Dalhousie University, who was recently presented with the Olin Palladium Award for a lifetime of working to improve rechargeable batteries.
Ottawa unveils interim plan for environment agency
Ottawa is suspending the environment minister’s authority to force energy or mining projects to be judged for environmental impact as part of a temporary plan for the Impact Assessment Agency after the Supreme Court ruled it encroached on provincial jurisdiction.
Startups that are kicking CO2 out of cement and concrete
Cement has a critical flaw: it’s extremely carbon-intensive to make, contributing around eight per cent of human-caused carbon dioxide emissions every year. These six startups that are working to transform this foundational building block of modern society.
NY makes largest state renewables investment in U.S. history
New York is investing in 6.4 gigawatts of renewable energy, made up of three offshore wind farms and 22 onshore clean energy projects. The projects are expected to spur $20 billion in economic development investments in the state
Que. microbrew beer bottle-washing factory shuts down
The Maitre, the only Quebec company that washes beer bottles for microbreweries, is shutting down. Founder Noël Gauthier said the factory was only washing one and a half million bottles per year, compared to four million “in the good years.”
UN warns world on brink of environmental ‘tipping points’
The world is heading towards a series of environmental “tipping points” that could cause irreversible damage to water supplies and other life-sustaining systems, the research arm of the United Nations warned. Worsening climate hazards are also making insurance unaffordable.
50 years ago, the insurance industry warned about climate change
OPINION: In 1973, Munich RE, a global underwriter of insurance policies, raised the alarm about climate change. At the time, no one listened. We could have saved a lot of money if we had.
China says it wants to bolster climate cooperation with U.S.
China's Environment Minister said his country wants to strengthen cooperation with the U.S. to combat climate change, as he met in Beijing with California Gov. Gavin Newsom. Newsom is on a weeklong tour of China pushing for climate cooperation.
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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