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Quebec businesses lag on taking 'desirable climate actions'
Quebec businesses lag on taking 'desirable climate actions'
Think tank Quebec Net Positive has released its 2023 Business Transition Barometer, a survey of how the province's business sector is responding to the need to reduce greenhouse gas emissions. Findings show the province is making sluggish but demonstrable progress.
Cdn. SMEs need streamlined sustainability reporting: survey
A survey of Canadian small and medium enterprises (SMEs) Sage Group found two-thirds see sustainability as important to their business, but are tangled by the complexities of sustainability reporting. Almost three-in-four Canadian SMEs said environmental reporting standards are too complex.
Coca-Cola, Sprite to be sold in recycled plastic bottles
Starting February 2024, 500-millilitre bottles of some of Coca-Cola Company’s (KO-N) most iconic brands in Canada – like Coca-Cola, Coke Zero, Sprite and Fanta – will be packaged in (mostly) recycled plastic. The company says consumers will see no price difference.
Feds set aside $7B for carbon price contract guarantees
Almost half of the $15-billion Canada Growth Fund for clean technology investments will be allocated to special contracts intended to help companies make major investments to lower their greenhouse gas emissions, Finance Minister Chrystia Freeland announced.
TransAlta to spend $3.5B on renewables by end of 2028
Alberta power generator TransAlta (TA-T) says more than two-thirds of its profits will come from renewable electricity production by 2028 — a major transformation for a company that once was one of the largest emitters of greenhouse gases in the country.
Federal gov't picks CIBC for updated green bond framework
CIBC was selected to advise Ottawa on the updated green bond framework to align with the latest sustainable finance developments. Sustainalytics will offer a second-party opinion, confirming alignment with the International Capital Markets Association Green Bond Principles 2021.
Li-Metal demos electrolyte reconditioning process
Li-Metal Corp. (LIM-CN), has demonstrated its electrolyte reconditioning process. It’s a pivotal component supporting Li-Metal's patented and modular carbonate-to-metal technology, an environmentally conscious approach to lithium metal production by the developer of lithium metal anode and lithium metal production technologies."
Brookfield renewable chief named Corp. Citizen of the Year
Connor Teskey recently turned 36 and is head of the rapidly growing renewable energy arm of asset management giant Brookfield (BN-T). Now, he's just been named the Globe and Mail's ROB Magazine Corporate Citizen of the Year.
U.K. government to invest $1.65B in green industries
The U.K. government has announced major plans to launch the Connections Action Plan, which is aimed to speed up connections and rapidly increase capacity on the electricity grid along with a $1.65 billion investment in green industries.
Germany to invest $6B in Africa green energy projects
The German government pledged this week to invest €4 billion ($5.98 billion) in African green energy projects until 2030, with Chancellor Olaf Scholz saying that countries in Africa should benefit more from their wealth of raw materials.
France, U.S. to propose ban on private funds for coal plants
France, backed by the United States, plans to seek a halt to private financing for coal-based power plants during the UN climate conference later this month, three sources familiar with the deliberations told Reuters.
Siemens Energy’s struggling wind unit plans $600M in cuts
Struggling wind turbine maker Siemens Gamesa said this week it would cut costs and capacity on its long path towards profit, sending shares in parent Siemens Energy (SMNEY) sharply lower as investors had hoped for more radical steps.
Plastic pollution treaty talks move to Ottawa
After the latest talks on a global plastics treaty ended in accusations of deadlocked negotiations, eyes now turn to Canada, which will play host to the next round of negotiations as some warn the treaty’s future hangs in the balance.
Hamilton commissions wastewater plant upgrades
The Woodward Wastewater Treatment Plant is Hamilton, Ont.’s main wastewater treatment facility and cleans approximately 96 per cent of its wastewater. The upgrade project will reduce total phosphorus loading to Hamilton Harbour by 500 tonnes over a 10-year period.
Vast expansion of energy storage needed to decarbonize
There have been several big announcements in Ontario this year related to plans for expanded energy storage capacity, including a 250-megawatt project at Six Nations of the Grand River. Despite this, experts say Canada lags behind many other countries.
Truck companies shifting to hydrogen for long-haul trips
In the realm of long-haul trucking, a technological crossroads has emerged: the divide between hydrogen-powered and battery-electric trucks. As the industry grapples with stringent emissions regulations, particularly in California, truckers are starting to embrace hydrogen for zero-emission technology.
Can oil ever be green? Norway turns to wind-powered drilling
Norway is betting that zeroing out emissions from oil production will help it meet internationally agreed climate targets while future-proofing an industry that’s made it one of the world's richest countries. It's an idea that has been harshly criticized.
World is racing to well past warming limit: UN report
Earth is speeding to 2.5 to 2.9 degrees Celsius of global warming since pre-industrial times, set to blow well past the agreed-upon international climate threshold, according to calculations in the United Nations Environment Programme's Emissions Gap Report 2023.
Heat pumps: How do they work and should you get one?
A newly announced federal government program will cover the costs for lower-income households in Atlantic Canada to install heat pumps, but there are also programs across the country incentivizing Canadians to make the switch. Here's what you need to know.
Retired wind turbine blades live on as benches and tables
At first glance, the benches outside the Great Lakes Science Center in downtown Cleveland seem unremarkable. But a scan of the attached QR codes reveals their secret: these benches used to be wind turbine blades.
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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