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Boralex to build Oxford battery energy storage project in Ontario
Boralex to build Oxford battery energy storage project in Ont.
Canadian renewable energy developer Boralex Inc. (BLX-T) has been chosen by Ontario's Independent Electricity Systems Operator to build the 125-megawatt, four-hour duration Oxford Battery Energy Storage project. It will be the company's third project in Ontario.
Most Canadian organizations have no net-zero plan: Deloitte
Almost two-thirds of organizations in Canada do not have a net-zero plan, and over half say reducing their carbon emissions is a low priority, an inaugural report by Deloitte Canada found.
Manulife’s green investments ratio steady from 2022 to 2023
Manulife Financial Corp. (MFC-T) grew its portfolio of green investments in its general account to $45.7 billion, inching up from the previous year, the Toronto-based insurer and financial services company showed in its 2023 sustainability report.
Irving Oil's emissions-reduction partner lost $161M
Anaergia Inc., which signed a contract last year to supply Irving Oil's Saint John, N.B. refinery with what it called carbon-negative natural gas, suffered steep financial losses last year and acknowledged it might not be able to continue operating.
Li-Cycle completes share consolidation
Toronto-based Li-Cycle Holdings Corp. (LICY-N) said its previously announced consolidation of all of its issued and outstanding common shares at a ratio of eight pre-consolidation shares for one post-consolidation share became effective today.
Recurrent announces initial closing of BlackRock investment
Canadian Solar Inc. (CSIQ-Q) subsidiary Recurrent Energy announced the initial closing and funding of an investment by BlackRock. The $500-million investment represents 20 per cent of the outstanding fully diluted shares of Recurrent Energy on an as-converted basis.
Full Circle secures first fire extinguisher agent sales
Full Circle Lithium Corp. (FCLI-X) reports it has secured the first sales of its proprietary FCL-X lithium-ion battery fire-extinguishing agent to a global electric vehicle (EV) original equipment manufacturer customer for its EV plant in the state of Georgia.
Go Lime launches new home energy service in GTA
Go Lime Inc. has started offering a home energy management solution to customers in the Greater Toronto Area (GTA) that includes rooftop solar, battery storage and EV charging. The company says it currently has over 10,000 customers across the GTA.
Ontario expects to land another EV battery plant
Ontario expects to land another major EV battery plant, its economy minister said, as Canada’s most populous province tries to capitalize on what it views as a short-lived opportunity to secure the future of its auto sector.
Carbon capture rollout lags as industry, Ottawa at odds
The question of who should bear the financial risk for carbon capture and storage projects has become a stumbling block slowing the technology’s adoption. Companies say they need assurance that a future government won’t eliminate the industrial carbon price.
OTPP sustainable investing head welcomes anti-ESG views
Anna Murray, global head of sustainable investing at Ontario Teachers’ Pension Plan (OTPP), said that those leading the backlash against ESG, which has been gathering pace in the United States, are actually helping the sustainable investing sector.
Quebec must accelerate its energy transition: report
Quebec must improve its energy efficiency and focus on better resource utilization in order to “ensure its future economic viability”, according to the 2024 edition of Prospera, an economic barometer designed by BCF Avocats d'affaires and Quadrat Conseils.
Is carbon pricing a politically feasible climate policy?
Research suggests the federal Liberals may be fighting a losing battle, and some experts are urging policymakers to look for alternative policies to lower emissions, warning the threat of climate change is too dire to delay action.
Those reusable bags aren’t actually recyclable in Ontario
You probably have a pile in your closet — the laminated or clothlike, plastic reusable bags often sold at the checkout of big-box retailers. But even if the label says they're recyclable, the bags can’t go into the blue box.
Local Ottawa event venues to reduce food waste
Eight Ottawa hospitality organizations will take part in a new program to cut down waste by diverting surplus food to community organizations that help those in need. Ottawa Tourism will partner with non-profit La Tablée des Chefs on the initiative.
Mexico elects a climate scientist as president
On Sunday, Mexicans chose Claudia Sheinbaum as their new leader – blazing a trail not just by electing the country’s first female president, but also by putting a climate scientist at the helm of a major nation.
The U.S. oil and gas industry is emitting less carbon than it used to
While oil and gas extraction in the U.S. has increased in recent years, the carbon emissions from that industrial activity have actually fallen, a new analysis has found. Methane emissions from gas extraction fell by 37 per cent, for example.
EU wind and solar growth displaces fossil fuel generation: report
Wind and solar power generation in the EU increased by 46 per cent from 2019, when the current European Commission took office, to 2023, displacing a fifth of the bloc's fossil fuel generation, a report by think tank Ember showed.
Monthly drop hints that China’s CO2 emissions may have peaked in 2023
China’s carbon dioxide (CO2) emissions fell by three per cent in March, ending a 14-month surge. An analysis, based on official figures and commercial data, reinforces the view that China’s emissions could have peaked in 2023.
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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