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GoodLeaf, Canada's largest vertical farmer, expands facilities

1 year ago

Vertical farmer GoodLeaf expands facilities

GoodLeaf Farms, the largest vertical farming company in Canada, has secured $78 million in syndicated debt financing from CIBC and Farm Credit Canada to support new indoor facilities in Calgary and Montreal opening later this year.

Climate, diversity major ESG challenges in Canada CRE

Adapting to climate risks by achieving lower carbon emissions and having more women and racialized individuals in leadership positions emerged as the two leading ESG priorities for companies in Canada’s CRE industry, according to REALPAC's ESG Industry Report 2023.

Investor coalition urges climate action, not words

The world’s biggest investor coalition trying to curb corporate emissions said on Thursday that its members must get companies to cut their emissions rather than just talk about it, as it outlined plans to make these investors more accountable.

Quebec markets green bonds amid wildfires

Proceeds from the bond sale are expected to be mostly used to finance clean transportation projects, the province said. The issuer’s green bond program allows it to allocate resources in four categories including climate change adaptation.

Legally binding plastic pollution pact coming in 2024

Canada is committed to ending plastic pollution, starting with the launch of the Ocean Plastics Charter during the 2018 G7 Presidency, and followed by ambitious domestic actions driven by Canada’s zero plastic waste agenda.

Climate damage inflating cost of living for every Cdn

Not only is climate change making weather-related disasters more frequent and severe across Canada — it’s also making life less affordable. This is as true in downtown Toronto as it is for those living in disaster-prone areas.

Pathways to clean steel

Steel is the backbone of modern infrastructure and one of the largest culprits of the climate crisis, responsible for about 8 percent of total global emissions. Yet, there is still relatively little action from corporations to address this carbon bomb.

Climate change sets Canada on a path to a fiery future

Global temperatures are climbing as a result of climate change, leading to longer and more intense wildfire seasons across Canada. As the world heats up, experts warn to brace for a fiery future.

Student protests target big banks over climate policies

Youth climate activists are targeting big banks on university campuses, calling on their student unions to sever ties with financial institutions that refuse to divest from investments in fossil fuels.

Canadians, so far, aren't buying into the ESG backlash

At least 19 U.S. state governments have launched attacks against environmental, social and governance (ESG) investing – plunging corporate sustainability into a bubbling cauldron that already contains efforts to prevent schools from teaching children about systemic racism or gender identity.

XNRGY announces phase one of new Arizona facility

The Longueuil-based designer and manufacturer of energy efficient commercial HVAC systems, says its new U.S. headquarters will include 250,000 sq. ft. of production capacity along with 25,000 sq. ft. of office space and is expected to be completed by 2024.

CSI Solar now trading on Shanghai Stock Exchange

The majority-owned subsidiary of Canadian Solar has completed its initial public offering process and its shares are now trading on the Shanghai Stock Exchange's Sci-Tech Innovation Board under the stock code 688472. 

Opinion: Canada needs to ante up in the $3T EV game

If Stellantis extracts as much as $19B in government subsidies for its Windsor EV battery plant, the reason won’t be that Ottawa and Ontario are engaged in a “subsidy war” with the U.S., as critics have alleged.

EVs can help utilities proactively manage grids

With the adoption of electric medium- and heavy-duty vehicles (MHDV) across Canada, it is essential for utilities and other stakeholders to prepare for the impact on the electricity grid and future power demands.

GM partners with Tesla on unified EV charging standard

This move doubles down on GM’s (GM-N) commitment to a unified charging standard, expands charging access to Tesla (TSLA-Q) Supercharger network, and paves the way for seamless EV adoption.

Wasted disposable vape batteries could power EVs

Even as demand soars for lithium and other critical minerals needed to power the clean energy transition, e-cigarette users are tossing millions of tiny batteries’ worth of those elements into landfills – enough to power 6,000 EVs per year.

AI may be coming for your job, but green gigs are booming

Artificial intelligence will have a profound impact on the job market over the next five years. While nearly one-quarter of the labour market will experience disruption thanks to AI, the green transition could create 30 million jobs by 2030

Is generative AI bad for the environment?

While the energy cost of a single AI model is difficult to estimate, in 2019, researchers found that creating a generative AI model called BERT with 110 million parameters consumed the energy of a round-trip transcontinental flight for one person.

U.S., U.K. sign agreement on clean energy, AI

U.S. President Joe Biden and British Prime Minister Rishi Sunak on Thursday said their countries would partner on advanced technologies, clean energy and critical minerals as they strengthen a historical security alliance.

Germany lines up €50B to help heavy industry go green

Germany plans to help energy-intensive manufacturers transition to climate-neutral technologies with roughly €50B ($53.4B) in subsidies. The program, which still needs EU approval, would be open for companies with at least 10 kilotons of carbon emissions annually.

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