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Li-Cycle takes $96.5M impairment charge, explores strategic options
Li-Cycle takes impairment charge, explores strategic options
Li-Cycle Holdings Corp. (LICY-N) announced it is exploring financing and strategic alternatives amid a construction funding crunch at its Rochester, N.Y. battery recycling Hub and a $96.5-million impairment charge on its Q3 2023 earnings.
Subterra plots growth in new markets after acquisitions
After establishing firm ground in Ontario, Toronto-based distributed utility Subterra Renewables is acquiring companies and expanding into Western Canada and the U.S. to meet rising demand for greener buildings.
Ont.'s first net-zero police facility to be developed in Toronto
A new two-storey Toronto police building in Scarborough will be powered largely by sustainable energy, and is destined to be Ontario’s first net-zero police facility, according to the architectural firm designing the structure.
Alberta gives hint of changes to follow renewables pause
Alberta’s likely direction to overhaul renewable energy development is taking shape, including an agricultural land-rating system to restrict where wind and solar farms can be built, and a rigid security deposit program to cover projects' end-of-life clean-up costs.
Clean energy gets nearly twice as much investment as fossils
More and more dollars are flowing to sectors like low-emissions power, energy efficiency, batteries and electrification, per the International Energy Agency’s World Energy Outlook. Clean energy projects now attract nearly two dollars for every dollar spent on fossil fuels.
 | ECO Canada ECO IMPACT 2024: ECO Canada’s flagship eventSave the date for February 8-9, 2024, as ECO Canada’s flagship event will gather environmental professionals, industry leaders, and communities who are committed to the Canadian sustainable economy and shaping the future Canadian environmental workforce. Early bird pricing available now. Sponsored by: ECO Canada |
Desmarais family member involved in Que. hydrogen project
A group of investors including businesswoman and daughter of former PM Jean Chrétien, France Chrétien-Desmarais, is making a big bet on Canadian hydrogen production, launching a Quebec project worth $4 billion the province hopes will reduce fossil fuel dependency.
Brightwater bioswales: A massive Brita system for rainwater
A bioswales system that acts as a natural filter for rainwater while protecting the water quality of nearby Lake Ontario has been implemented in the new master-planned Brightwater project in the Port Credit community of Mississauga, Ont.
GHGSat launches satellite to track industrial releases of CO2
The data accumulated by Montreal-based GHGSat's newest satellite will provide customers the chance to access an independent and continuously updated global snapshot of carbon dioxide, widely considered to be the primary driver of human-caused climate change.
60-plus countries back deal to triple renewable energy
More than 60 countries have said they back a deal spearheaded by the European Union, United States and United Arab Emirates to triple renewable energy this decade and shift away from coal, two officials familiar with the matter told Reuters.
Carbon capture moves from science fiction to reality
OPINION: To some environmentalists, the technology is a distraction, perpetuating reliance on fossil fuels. To Canada, carbon capture is a pragmatic necessity to reduce this country’s elevated emissions, but the how-well-will-it-work question lingers.
New wave of startups tackling a huge emissions source
The growing urgency of the threat of wildfires has given rise to a category of startups called “firetech,” a technology ecosystem that aims to confront the issue and restore the health of the world’s forests.
NFI subsidiary Alexander Dennis gets order for 35 buses
Alexander Dennis Limited, the U.K. subsidiary of Winnipeg-based electric bus maker NFI Group Inc. (NFI-T), announced it has been chosen in a competitive tender by Hong Kong’s MTR Corporation to supply 35 battery-electric Enviro500EV double deck buses.
Oh no, the cost to charge my EV just doubled
As companies experiment with the way they bill electric vehicle (EV) owners for using chargers at public networks of charging stations, guess what? The price is going up a lot, and narrowing electricity’s advantage over gas.
What exactly is EV range and how is it calculated?
In automakers' advertised figures, the range is the maximum distance the vehicle could travel from fully charged until the battery is depleted to a point where it can no longer be driven safely, but that doesn't reflect real-world charging recommendations.
Exxon Mobil to start lithium production for EVs in the U.S.
Exxon Mobil (XOM-N) said it plans to produce lithium from subsurface wells by 2027 to provide supplies of the key metal used in EV batteries and advanced electronics. Exxon plans to supply lithium for over one million EVs per year.
Karma launches 1,180-horsepower electric supercar
Karma Automotive's 1,180-horsepower Kaveya, a name inspired by a Hindi term meaning “poetry in motion,” will come in two variants projected to reach 97 kilometres per hour in less than three seconds. Pricing for the Kaveya was not announced.
Market-based vs location-based emissions
Both location- and market-based emissions reporting applies to two emission categories: Scope 2, or purchased electricity, and Scope 3, or fuel and energy-related emissions. Carbon Credits breaks down each method, offering insights into their implications for businesses.
Why zero is a mark of success in sustainable schools
In line with the federal government’s 2019 goal to achieve net-zero greenhouse-gas emissions by 2050, school boards nationwide are now renovating existing buildings or starting new projects. The goal is to build facilities that rely on renewable, cleaner power sources.
South Africans going green to escape power cuts
South Africans have experienced intermittent power cuts, known locally as load shedding, since 2008. With no immediate fix on the horizon, they are increasingly turning to renewable energy, and the country’s biggest banks are stepping in to help.
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