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Riskthinking.AI launches climate risk simulation engine

8 months ago

Riskthinking.AI launches climate risk simulation engine

Toronto-based Riskthinking.AI is launching the world's first commercially available climate risk simulation engine that will enable banks, insurance companies, corporations and governments to better assess their exposure to climate change.

Revolution acquires PolyAg to grow ag film recycling capacity

The acquisition of Bashaw, Alta.-based PolyAg Recycling Ltd. by Revolution Sustainable Solutions is aimed at growing Revolution's recycling capacity of agricultural film by millions of pounds, according to its CEO Sean Whiteley.

How Cda. can support the deep retrofit supply chain: report

The Canadian government can enable intensive residential building decarbonization through stronger regulations, fiscal support and fostering a supportive industry for deep retrofits, according to a report by the Pembina Institute.

Brookfield raises $10B for second global transition fund

Brookfield Asset Management (BAM-T) said on Monday it had raised $10 billion in the first closing of its second Brookfield Global Transition Fund that focuses on investments in the global transition to a net-zero economy.

Recurrent Energy closes $160M in project financing

Solar energy company Recurrent Energy, a subsidiary of Canadian Solar Inc. (CSIQ-Q), announced that it has secured $160 million in project financing for its 127-megawatt DC Bayou Galion Solar project, located in Morehouse Parish in Northeast Louisiana.

Recruiting for an environmental job?

In today's evolving business landscape, finding qualified talent is crucial. Fortunately, platforms like ECO Canada’s Job Board offer a tailored solution to connect employers with top environmental talent.

Sponsored by: ECO Canada

Alberta renewable project pause to lift at month's end

The Alberta government's seven-month moratorium on approving wind and solar power projects will end on Feb. 29 as planned, Premier Danielle Smith confirmed. The pause surprised renewables developers and was criticized by environmental groups. 

Electra provides update on black mass recycling

Electra Battery Materials Corporation (ELBM-X) says recent optimizations at its Ontario refinery complex have resulted in additional improved recoveries of lithium, nickel, cobalt and other critical minerals, further bolstering the quality of saleable products.

Final assembly of HPQ fumed silica reactor pilot plant starts

Canadian green engineering company HPQ Silicon Inc. (HPQ-X) has received notification from its technology provider and equipment supplier, PyroGenesis Canada Inc. (PYR-T), that the engineering design for its fumed silica reactor pilot plant project has been concluded.

AISIX launches wildfire climate risk data set

Vancouver-based AISIX Solutions (AISX-X) has released Wildfire 2.0, a tool is designed to provide insights into wildfire risks and mitigation strategies for communities and businesses. The data set incorporates fire ignitions and spread, and also includes historical data.

Amazon expands sustainable packaging program

Soon, more Amazon (AMZN-Q) orders will be arriving without that familiar Amazon “over-box,” because as of Tuesday, Feb. 6, the company's Ships in Product Packaging program is expanding to all Fulfilled by Amazon sellers in the U.S. and Canada.

Magna grows its electrification customer base

Aurora, Ont.-based Magna International (MG-T) has announced a newly awarded contract from a North America-based original equipment manufacturer to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms.

Germany’s dream of 15 million EVs is fading away

After years of surging growth, selling electric vehicles (EVs) is becoming tougher. In Germany, sales are set to drop 14 per cent this year in response to the government yanking subsidies in December, the first decline since 2016.

EV drivers face inconsistent, unreliable charging network

The federal government says expanding the EV charging network is key to meeting Canada's climate goals, but a CBC Marketplace investigation has exposed a wide range in pricing as well as inconsistencies in performance and reliability at public charging stations.

Volvo will stop funding Polestar EV brand

Volvo and Polestar are breaking up — financially. The news comes after Volvo announced it will no longer fund Polestar. Instead, Geely, the Chinese automotive giant that owns both brands, will provide full financial and operational support to Polestar going forward.

Why EV charging stations are being targeted by thieves

VIDEO: EV drivers and companies who set up public EV chargers are equally frustrated with thieves and vandals who have been targeting the stations for their copper components, hoping to turn a profit.

Lamborghini to reduce carbon emissions by 40% per car

Lamborghini has revealed its latest roadmap to a greener future, and it has a "new ambitious target": reduce "enterprise emissions" by 40 per cent per car by 2030 across the entire value chain — including its production plant, the cars, everything.

Airlines call for roadmap to increase production of SAF

Airlines are calling on the federal government to roll out measures that will spark production of sustainable aviation fuel (SAF) in Canada. Investors and would-be suppliers need incentives to start churning out the greener oil, industry groups said.

LanzaJet opens world's first ethanol to SAF production facility

Illinois-based LanzaJet has opened LanzaJet Freedom Pines Fuels, the world's first ethanol to SAF production facility. Located in the state of Georgia, the plant will produce 10 million gallons of SAF and renewable diesel per year.

Some Manitobans are going green when it comes to burials

Eco-friendly burials, which typically skip embalming and use a cotton shroud or wicker casket, are becoming increasingly popular in Manitoba, with one group even working to develop a fully-green cemetery in the Winnipeg area. 

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