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Clean fuel production raises Tidewater Q1 revenues to $111M
Clean fuel production raises Tidewater Q1 revenues to $111M
Rising production at its renewable diesel and hydrogen facility in Prince George, B.C. raised revenue for Tidewater Renewables Ltd. (LCFS-T) to $111.2 million in Q1, almost tripling results from the previous quarter.
Sun Life on track to meeting 2025 sustainable investment goal
Sun Life Financial Inc. (SLF-T) is on pace to meet its goal of $20 billion in new sustainable investments by 2025, the Toronto-based insurance and investing company announced in its 2023 sustainability report.
Japan's Asahi Kasei to invest $1.6B in Ontario EV facility
Honda’s (HMC-N) $15-billion investment in Ontario’s electric vehicle (EV) supply chain will extend into the Niagara region, through a partnership with Japan’s Asahi Kasei to build components at a new $1.6-billion plant in Port Colborne.
Enbridge carbon storage project still alive after setback
Enbridge Inc.‘s (ENB-T) proposal to build a carbon storage hub in Alberta remains on the table, the company said, in spite of Capital Power’s (CPX-T) recent decision to shelve its own $2.4-billion project associated with the plan.
SolarBank announces $50.4M of revenue in Q3
SolarBank Corporation (SUUN-Q) has reported Q3 2024 interim financial results. Highlights include: revenue of $50.4 million; net income of $5.5 million; a $56-million transaction with Honeywell International; and completion of listing on the Nasdaq Global Market.
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Federal government to fund Glencore decarbonization project
The Government of Canada has announced up to $11 million from industrial pollution pricing proceeds for Glencore Canada Corp. to replace diesel-powered machinery with battery electric-powered equipment at the Craig Mine Onaping Depth Project in Ontario.
NJ Transit orders up to 1,300 New Flyer clean-diesel buses
Winnipeg-based NFI Group Inc. (NFI-T) announced that subsidiary New Flyer of America Inc. has been awarded a contract from the New Jersey Transit Corporation for the purchase of up to 1,300 Xcelsior 40-foot clean-diesel transit buses.
Why are people so unhappy about Northvolt's Que. plans?
In late September, Quebec Premier François Legault announced his government had attracted the largest private manufacturing investment in the province’s history. Reaction was swift: an environmental group sued, and Quebecers complained that the price tag was too high.
How Quebec measures the green economy
Quebec relies on a dashboard of indicators to monitor the transition to a green economy. Established four years ago, this evaluation system compensates for the absence of measurement tools by relying on existing statistics, but also by pushing new indicators.
Canada’s oldest power plants are getting major facelifts
While newer technologies such as battery storage, renewables and next-generation nuclear reactors garner much attention, aging hydro dams typically attract little. But dams still generate about 60 per cent of Canada’s electricity, four times the global average.
Why a global energy transition leader is still optimistic
The U.K.'s Lord Adair Turner, an authoritative figure on the global shift toward a low-carbon economy, will arrive at a Canadian climate-policy summit this week with a message that momentum is much stronger than it might appear.
Edmonton finalizes clean energy retrofit loans program
Edmonton will make up to $20 million in up-front financing available to upgrade about 300 homes and 16 commercial buildings over four years so they consume less energy. Retrofits include insulation upgrades, heat pumps, or solar panels.
Vancouver garbage incineration costs to spike 74%: Report
By 2027, operating costs at a waste-to-energy facility in Burnaby are expected to rise 74 per cent, according to a report by Zero Waste British Columbia. The increase is largely due to “significant” capital cost increases expected in coming years.
Burnaby joins 'Sue Big Oil' campaign
Burnaby council has voted to join the "Sue Big Oil" campaign which would commit $1 for every Burnaby resident to a proposed class action lawsuit against selected global fossil fuel companies.
‘Blue roof’ technology helps buildings go green
VIDEO: As communities seek new ways to adapt to climate change, "blue roof" technology — storing thousands of gallons of rainwater on the roof — is emerging as one way to reduce flood risk, reuse water, and reduce heating and cooling costs.
EU approves law to slash CO2 emissions from trucks
European Union countries gave their final approval on Monday to a law to cut carbon dioxide (CO2) emissions from trucks, which will require most new heavy-duty vehicles sold in the EU from 2040 to be emissions-free.
Syzygy demonstrates CO2-to-fuel solution with RTI International
Houston-based Syzygy Plasmonics says it, along with non-profit research institute RTI International, has successfully demonstrated an all-electric CO2-to-fuel production pathway. The process creates low-carbon fuels that can lower the carbon footprint of jet fuel, diesel and gasoline.
The surprising force stalling climate progress: California restaurants
In 2019, Berkeley, Calif. banned the extension of gas pipes into new buildings. The California Restaurant Association took the city to court, arguing its members preferred cooking with gas and the ordinance would limit their options when opening new locations.
Trump vows ‘Day One’ executive order targeting offshore wind
The presumptive U.S. Republican presidential nominee derided offshore wind projects as lethal for birds and whales during a recent rally, and committed to take action. “We are going to make sure that that ends on Day One,” he said.
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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