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Li-Cycle to receive $101M investment from Glencore
Li-Cycle to receive $101M investment from Glencore
Battery recycler Li-Cycle Holdings Corp. (LICY-N) will receive an additional $101-million injection from Swiss miner Glencore plc, on top of a US$200-million investment from the company in 2022.
Westport attracts $37.7M investment from Volvo
Vancouver-based Westport Fuel Systems Inc., a designer and producer of alternative fuel systems for transportation, has received a $37.7-million investment from Volvo Group. Volvo will acquire a 45 per cent stake in the joint venture.
B.C.’s net-zero, multibillion-dollar engineering goal
BC Hydro is planning to spend billions over the next few years to increase generation transmission capacity and meet the provincial government’s CleanBC goals of decarbonizing the economy through electrification.
Hydrogen Optimized appoints Denis Krude as CEO
Hydrogen Optimized Inc. has hired Denis Krude, most recently the CEO of green hydrogen technology company thyssenkrupp nucera, as its new president and CEO to lead the firm's commercial growth phase.
Holcim's ECOAsh to advance low-carbon buildings
Holcim North America announced the introduction of ECOAsh beneficiated ash within its Lafarge Western Canada operations. ECOAsh is a specification-grade Type F fly ash reclaimed from landfills and transformed into a resource for enhancing cement and concrete construction applications.
Passive House Canada CEO highlights next steps
Over the next 35 years, almost every building in Canada will need to be improved to make them “safe and inhabitable.” The “real money” spent will be in deep energy retrofits, said Chris Ballard, CEO of Passive House Canada.
Heat pumps slash emissions even with a dirty grid
Even on a carbon-heavy diet, heat pumps eliminate tons of greenhouse gas emissions annually compared to other heating systems. The latest study to hammer this point home was published in Joule last month by the National Renewable Energy Laboratory.
Big data drives CRE operating efficiencies
A three-year decarbonization process that began in 2022 and completes in 2025 will reduce energy use by 40 per cent and cut carbon emissions by 97 per cent annually at Arthur Erickson Place in Vancouver, aided by building data.
Countries commit to decarbonizing buildings
Environment and construction ministers of signatory countries – including Canada, the U.S., Ivory Coast and Saudi Arabia, but not China – adopted a “Chaillot declaration” during the first “World Buildings and Climate Forum” organized by the U.N. environment agency and French government.
EVs will be cheaper to make than gas vehicles by 2027
Battery electric vehicles (EVs) will be, on average, cheaper to produce than a comparable internal combustion engine by 2027 thanks to new manufacturing methods that are lowering production costs according to market research firm Gartner.
Are EVs harder on roads than gas powered cars?
Alberta recently added a $200 annual tax for EV owners, which it said will cover extra wear and tear on the roads. Electrical passenger vehicles, while considerably heavier than their gas-powered counterparts, are not the heaviest vehicles.
Toyota’s hybrid-first strategy is delivering big profits
Toyota has introduced just two fully electric models in the U.S., betting that its gas-electric hybrids and plug-in hybrid vehicles, which it has become known for, would remain popular and were sufficient to address climate change for now.
Businesses failing to lower flyers' carbon footprint
Most of the world’s largest companies are failing to reduce their employees’ emissions from flying, according to Brussels-based non-profit Transport & Environment. Just 17 per cent of 328 global companies have credible plans to reduce corporate flying emissions.
Finch West LRT's maintenance facility goes green
The Finch West LRT project is helping to build a more sustainable transit system. In addition to light rail vehicles using electric power, the project’s maintenance and storage facility recently received LEED Silver certification.
Amazon’s push to switch from plastic to paper mailers
Since 2014, Amazon trimmed almost two million tons of packaging from boxes it uses to deliver items and in its grocery stores. Those measures reduced the average weight of packages by 41 per cent, Amazon said in its sustainability report.
Among Canadian banks, fossil fuel investment is high
Canada’s five biggest banks undermined their own net-zero commitments in 2022 while maintaining higher exposure to the fossil fuel industry than their U.S. and European counterparts, according to a new report by financial sector analysis platform FinanceMap.
Renewable line from Canada to New England stopped
A major electrical transmission line proposal intended to carry power to New England from Canada has been cancelled. National Grid, one of the developers of the proposal, said it “has determined that the project is not viable at this time.”
U.S. carbon pipeline company pledges no oil recovery
Summit Carbon Solutions, which is trying to build the biggest carbon dioxide capture pipeline in the U.S. to transport and bury greenhouse gases, has repeatedly pledged its project will not be used by drillers to boost output from oil fields.
U.S. solar hits new high for installed capacity in 2023
Solar energy is flying to record highs at least partially propelled by the renewable incentives and credits from the Inflation Reduction Act, according to the annual report from the Solar Energy Industries Association and research firm Wood Mackenzie.
Partners considers sale of renewables firm VSB
Partners Group is exploring options, including a sale, for German renewable energy company VSB Group, six sources familiar with the matter said. A sale of VSB could reach a valuation of up to $2 billion including debt.
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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