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Sustainable luxury 1 Hotel now open in Toronto

3 years ago

1 Hotel is now open at 550 Wellington Street West in Toronto, bringing a sustainable urban retreat to the city. The hotel is attempting to prove sustainability is possible without having to skimp on luxury.

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The world’s largest mining company, BHP Group Ltd., signalled its future is focused on sustainable industries by committing $7.5-billion to a massive Saskatchewan potash project while exiting the oil and gas business.

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“Green AI” research is more environmentally friendly and explores AI’s carbon footprint and ways to reduce it. Researchers see a trend in machine learning toward programs that require increasing power, resulting in a larger digital carbon footprint.

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Monetary authorities of the world’s largest economies, including the Bank of England, are gauging how climate change could rock the financial system. Though long committed to being “market neutral,” some are starting to push greener investments.

Canada Green Building Council

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Climate change and its devastating impact are accelerating faster than ever: Hurricanes are becoming stronger, rainfall heavier and flood risk higher. Yet, America’s National Flood Insurance Program has not changed at all since its inception. But it is about to.

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Canada must make it more profitable for investors to back transition to low emissions in large polluting industries such as oil and gas if the country is ever going to hit its greenhouse gas targets, according to a new report.

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Tens of thousands of British Columbians have been displaced from their homes due to wildfires and floods over the past five years, as climate-related disasters become more intense. There isn’t enough data to determine how many people are still displaced.

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The insured damage caused by multiple tornadoes, one of which devastated a Barrie neighbourhood, is about $75 million, according to the Insurance Bureau of Canada. In total, officials say 2,200 insurance claims have been made for damage to personal and commercial property.

Real Estate Forums

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Lloyd’s of London has announced it will expand its insurance coverage to better support the “greener energy sector” and create new insurance products for electric vehicles (EVs), as part of an effort to drive progress towards a more sustainable economy.

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As the country moves to accelerate electric vehicle adoption and ban new gas-powered car sales by 2035, questions are brewing among people living in multi-unit dwellings regarding installation of EV infrastructure in parkades, costs allocated to owners and power needs.

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General Motors has committed to phase out gas-powered vehicles by 2035 – a full five years before a ban by the Canadian federal government is set to come into effect. In response, Volvo announced it would sell only electric vehicles by 2030.

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Cutting transportation emissions is essential if Montreal and Quebec are to meet their climate goals, Mayor Valérie Plante said. That necessity is the cornerstone of the city’s $885-million, three-year plan to boost the use of electric vehicles.

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Extreme weather conditions have become so frequent and severe in regions throughout the world that there may not be many climate-change deniers in the farming industry. Farmers are exasperated and struggling to adapt to what may be the new normal.

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Three new projects, in partnership with coastal Indigenous Nations, will target marine debris along B.C.’s shoreline. The Clean Coast, Clean Waters initiative will distribute $3.6 million to three organizations, which will clean up more than an additional 1,000 kilometres of shorelines.

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The impact of climate change on extreme water-related events is becoming increasingly evident. In its international climate assessment, the IPCC warns that the water cycle has been intensifying and will continue to intensify as the planet warms.

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For the first time, U.S. officials declared an official water shortage for the massive Lake Mead reservoir, triggering supply cuts to parts of the drought-stricken Southwest, as 10 Western governors appealed for federal drought disaster aid.

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IKEA, the world’s biggest furniture brand, is branching out into selling renewable energy to households, starting in Sweden this September. Consumers will be able to buy renewable electricity from solar and wind parks, and track their usage through an app.

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Solar could supply more than 40 per cent of the U.S.’s electricity by 2035 – up from 3 per cent – if Congress adopts policies like tax credits for renewable energy projects and component factories, according to a memo published by the Department of Energy.

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Endurant Energy jumped into the controlled environment agriculture (CEA) sector with a roughly $30 million microgrid project for Bluehouse Greenhouse, a company building a high-tech 62-acre greenhouse in Southern California. Endurant will own, operate and maintain the 13.2-MW microgrid.

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Sustainable soap startup Gelo has launched an anti-single-use plastic campaign with a fresh angle: It gives kids the power to use the internet with ads that constantly urge them to ditch single-use plastics and live more sustainably at home.

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