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FortisBC to invest $696M to promote energy efficiency
FortisBC to invest $696M to promote energy efficiency
British Columbia’s regulated utility FortisBC will be investing $695.8 million over the next four years into rebates and pilot programs to help its customers reduce energy use while cutting their greenhouse gas emissions.
GreenPower's disciplined growth keeps it profitable: CEO
Restraint is helping Vancouver-headquartered medium- and heavy-duty electric vehicle designer and manufacturer GreenPower Motor Company Inc. remain a profitable company, unlike many of its peers, according to CEO Fraser Atkinson.
The exec trying to bring credibility to carbon removal credits
At Deep Sky, the Montreal-based carbon removal startup, vice-president of carbon markets Charlie Renzoni makes it his goal to ensure there is integrity to its prospective offering of removing carbon from the air and oceans.
Hydro-Québec begins talks to wean province off fossil fuels
Hydro-Québec has begun early-stage talks with a number of financiers and other potential partners as it plans how to carry out a $185-billion strategy for new energy infrastructure that aims to wean Quebec off fossil fuels.
SolarBank announces second quarter results
SolarBank Corp. (SUNN-NE) has reported its Q2 interim financial results. Highlights include: revenue of $26.3 million, and $36 million in engineering, procurement and construction contracts for three separate battery energy storage system projects in Ontario.
Heidelberg announces latest step in Edmonton CCUS project
Heidelberg Materials North America says French engineering firm Technip Energies has been awarded a front-end engineering and design contract for the carbon capture technology for its Edmonton carbon capture, utilization and storage (CCUS) project.
Ottawa scales back small biz carbon price rebates
The federal government is cutting the amount of financial relief small businesses will receive from carbon pricing revenues, so it can increase the size of the rebate it is providing to rural families.
Why are lithium prices collapsing?
Lithium prices have collapsed over the past 14 months, due to high inventories and much lower demand for electric vehicles than expected. According to the Wall Street Journal, prices have dropped 90 per cent since January 2023.
NFI subsidiary receives order for 12 zero-emission buses
Alexander Dennis, the U.K. subsidiary of Winnipeg-based e-bus maker NFI Group Inc. (NFI-T) says it has been awarded a contract to build 12 new battery-electric Enviro500EV double deck buses for California customer Foothill Transit.
Ford cuts prices of electric Mustang Mach-E
Ford Motor Co. (F-N) said it had cut prices on its Mustang Mach-E electric SUV by up to $10,900 after sales fell sharply in January. Ford said U.S. sales of the Mach-E fell by 51 per cent last month.
Rivian needs to show it can stop burning cash
With even auto industry stalwarts such as Ford Motor Co. (F-N) dialing back their expansion plans, the top question for Rivian (RIVN-Q) investors will be how an unprofitable, cash-burning startup can weather the storm.
Wireless EV charging is inching closer to reality
Someday, plug-in cars may no longer need a plug. Multiple startups have spent years working toward a world in which wireless charging goes mainstream, and as electric vehicle (EV) adoption increases, momentum is building to make that dream a reality.
TotalEnergies, Airbus sign SAF partnership
Aerospace giant Airbus and energy company TotalEnergies (TTE-N) have launched a new strategic partnership aimed at advancing the development of sustainable aviation fuel (SAF), with the objective of achieving net carbon-neutrality for the aviation sector by 2050.
Singapore's green jet fuel mandate faces challenges
VIDEO: Demand for SAF should see a long-sought boost after regional airline hub Singapore said it would be required on flights from 2026, but high costs and uncertain raw material supply will mean barriers to wider adoption.
Rio Tinto hires Njord for two-ship green retrofit project
Njord, a Denmark-based green technology business founded by Maersk Tankers, is partnering with Rio Tinto, a British-Australian mining group and one of the world’s largest dry-bulk shippers, to cut fuel consumption and emissions.
Wall St. giants walking back their environmental pledges
Large financial institutions including JPMorgan (JPM-N), State Street (STT-N), and Pimco have in the last few days pulled out of Climate Action 100+, a group of hundreds of institutional investors that collectively push large companies to address climate issues.
How Klarna put an internal price on carbon
Klarna has done what U.S. politicians failed to do: put a price on carbon pollution. The Stockholm-based global payments platform set aside $2.35 million in 2023 in internal payments for its climate action strategy based on its ongoing emissions.
China proposes new ESG rules to keep up with Europe
China has unveiled new ESG disclosure rules for its biggest companies as the world’s top polluter seeks to align with European requirements and spur foreign investment. More than 400 companies will need to publish sustainability reports by 2026.
The women shaping the future of sustainable hotel design
Andrea Kleinloog and her business partner, Megan Hesse, are part of a set of creative women who have taken the lead in defining what sustainability means for hospitality design. This includes prioritizing upcycled materials and always emphasizing the local.
Backyard gardens not as green as they appear: study
Backyard gardens produce six times more carbon per pound of produce than regular farms, a new study from the University of Michigan suggests, and may be worse for the climate unless designed with care.
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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