Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Greener buildings give better returns: Ivanhoé Cambridge's Canada head

10 months ago

Greener buildings give better returns: Ivanhoé Cambridge

Green real estate creates value and mitigates risks, thus generating higher returns, according to Annie Houle, Ivanhoé Cambridge’s head of Canada. Decarbonization, Houle said, is future-proofing the value of Ivanhoé Cambridge’s investments.

Pathways Alliance says $16.5B carbon capture plan on track

The Canadian oil sands industry group proposing an Alberta-based $16.5-billion carbon capture project critical to its members’ climate targets said the first steps to building its infrastructure are under way.

Schneider Electric opens Montreal lab for greener buildings

French automation and energy management company Schneider Electric has opened a 4,500-square-foot laboratory in Montreal, with plans to tap into local talent to help decarbonize buildings and industries through digitization. 

Dow to invest $8.9B for net-zero Alta. petrochemical project

Dow's (DOW-N) Path2Zero facility, to be built in Fort Saskatchewan, Alta., will be an integrated ethylene cracker and derivatives site that is net-zero with respect to Scope 1 and 2 carbon dioxide emissions. Construction will begin in 2024.

Alberta details new carbon capture support program

Alberta has doubled-down on its support for carbon capture for emissions reduction with a new multibillion-dollar grant program for heavy industry, as Premier Danielle Smith and the federal government trade barbs over Canada’s green energy strategy.

Battery investments could double: Investissement Québec

Investments in Québec’s battery industry could double over the next few years to reach $30 billion, the head of Investissement Québec suggested. However, the government’s investment in the battery industry has raised criticisms from environmentalists and opposition parties.

Guelph earns energy management certification

Guelph, Ont. became the first Canadian municipality to be certified under the globally recognized ISO 50001:2018 Energy Management Systems Standard for its corporate-wide energy management system. Other organizations with ISO 50001 certification in Canada include 3M and Bell Canada.

Cape Breton, N.S. to get electric buses in $54M funding deal

Transit Cape Breton has secured $54 million from three levels of government to purchase six electric buses, charging infrastructure and to refurbish its bus maintenance depot. The fleet will transition to 44 electric buses and be net-zero by 2030.

Canada expected to unveil oil, gas emissions cap at COP28

The federal government expects to unveil its long-delayed oil and gas sector emissions cap during climate talks starting Thursday, underscoring Canada’s position that fossil fuels can still be part of the clean transition as long as their emissions are cut.

COP28 scores early win with $260M for climate damages

Nearly 200 nations agreed on how to run a fund to help vulnerable countries deal with extreme weather, and rich nations pledged at least $260 million to start the program, marking a breakthrough as global climate negotiations opened in Dubai.

The confounding, depressing hypocrisy of COP28

OPINION: If you are inclined to be pessimistic about the state of the planet and efforts to save it, you may want to avert your eyes from the news emanating from this year’s United Nations summit on the environment – COP28.

Phrases that will be contested at this year's COP28

Whether fossil fuels are "unabated," and where we need to phase them "down" or phase them "out," are expected to cause fierce debate at the ongoing United Nations Climate Change Conference, COP28, which began Thursday and runs until Dec. 12.

New tool maps environmental problem areas in Cdn. cities

A new website, HealthyPlan.City, allows anyone to map out hotspots for environmental inequities across more than 125 Canadian cities. The website offers the choice of a dozen different environmental indicators, including flood susceptibility, air pollution and average summer temperature.

Norges warns of real estate cost of not cutting carbon

With interest rates rising and building values dropping, real estate owners might be tempted to scrimp on investing to make their buildings more sustainable. But according to Norges Bank Investment Management, the world’s largest sovereign wealth fund, they’d be wrong.

Over half of companies risk ‘net-zero greenwash’: report

Companies are undermining their net-zero climate pledges with corporate lobbying and trade association memberships, a new report from the London nonprofit InfluenceMap warns. The report is a "wake-up call" for businesses, Catherine McKenna, CEO of Climate and Nature Solutions, said.

U.S. opens its first ‘enhanced’ geothermal plant

A next-generation geothermal plant backed by Google (GOOGL-Q) and geothermal developer Fervo Energy has started sending carbon-free electricity to the grid in Nevada, where the tech company operates some of its massive data centers.

First jetliner makes a fossil-fuel-free transatlantic flight

The first commercial airliner – a Virgin Atlantic Boeing 787 – to cross the Atlantic on a purely high-fat, low-emissions fuel flew Tuesday from London to New York, in a step toward achieving what supporters called “jet zero."

EVs less reliable on average than conventional cars and trucks

Electric vehicles (EVs) have proved less reliable, on average, than gasoline-powered cars, trucks and SUVs, according to Consumer Reports, which found that EVs from the 2021 through 2023 model years encountered nearly 80 per cent more problems than conventional vehicles.

Arca tests removing CO2 at BHP’s nickel mine in Australia

Arca, a Vancouver-based cleantech startup, will be deploying its proprietary technology over the next 18 months at BHP Group's (BHPLF) Mount Keith mine. Under Arca’s system, the focus is on tailings waste management at the vast site in Western Australia.

How the employee voice can help drive climate action

According to recent research, eight-out-of-10 employees are willing to take action on climate change at work, and 45 per cent are ready to go even further and become pioneers of climate action within their teams and functions.

Industry Events