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Nexii fastest Canadian company to reach unicorn status
Nexii fastest Canadian company to reach unicorn status
Green construction technology company Nexii Building Solutions Inc. has reached unicorn status in less than 31 months, making it the fastest Canadian company to attain this distinction. Nexii products allow the rapid development of sustainable buildings across North America.
UBC divesting fossil fuel endowment by 2030
UBC invests in fossil fuel companies that have major impacts on the climate and contribute to oil spills in places like the Niger Delta. The university says it will divest by 2030 — but how close is it to reaching that goal?
Conservatives battle Liberals over climate plan
The climate plan that Trudeau laid out on August 29 would reach deep into provincial jurisdiction over the electricity system and natural resources in order to impose regulations aimed at moving Canada to net-zero emissions by 2050.
Bison adds electric big rig to fleet
• Winnipeg Free Press • SustainableBiz
Bison Transport is undergoing a project using battery electric Freightliner tractors — two of only 40 custom-built Freightliners currently on the road in North America — as part of the transition to the electrification of the trucking industry.
Hyundai unveils hydrogen-powered car, portable charger
• Hydrogen View • Hydrogen View
With the expansion of Hyundai Motor’s hydrogen mobility range, the company has unveiled a prototype sports car powered by hydrogen. The only emission that the Vision FK produces, with its hydrogen fuel cell, is water vapor.
BMW strengthens EV fleet for ecological sustainability
BMW Group has announced it will be “increasing the pace of its efforts to combat climate change,” pledging a 50 per cent reduction in use-phase carbon emissions relative to 2019 by 2030 and a 40 per cent reduction in overall emissions.
Whitehorse looks to battery storage to unplug from diesel
Technological advances are increasing the range of clean energy options for northern cities. Yukon is building a giant battery storage facility to provide an electrical source that will displace 20,000 tonnes of greenhouse gas (GHG) emissions over a 20-year span.
CubicFarm introduces FreshHub indoor growing system
• CubicFarms • Cision
CubicFarm Systems Corp., an agricultural technology company, announced plans to deliver a commercial-scale FreshHub with 96 CubicFarm System modules, the Company’s largest project to date. The system is the next level of indoor growing aiming to significantly localize food production.
Ex-CPPIB manager to bet on climate change’s winners
When Dureka Carrasquillo spoke at a hedge fund event, she tipped buying Ferrari for a bumper profit. The bet proved prescient for the ex-Canada Pension Plan Investment Board manager, but will not likely be found in her new fund.
Audette secures $1M for CRE sector carbon reduction
• Betakit
After testing its platform in British Columbia and gaining acceptance to the first cohort of Google Canada’s Cloud accelerator program, Victoria-based cleantech software startup Audette has raised $1 million CAD in seed funding to expand to new markets.
Making green plastic with industrial mud
Competing with traditional plastics with a biodegradable and bio-based material is the ambitious challenge of BOSK Bioproduits. Recently, the company launched the production of its REGEN plastic in Quebec, which results from a unique process.
AT&T to reduce 1 gigaton of CO2 emissions by 2035
AT&T, the world’s largest telecommunications company, has launched the Connected Climate Initiative, a collaborative effort to reduce emissions among businesses by a gigaton relative to 2018 levels by 2035. AT&T operates in Canada with offices in Toronto, Montreal, Calgary and Vancouver.
Climate change could trigger a financial crisis
In recent years regulators have begun warning about the threat that climate change poses to the stability of the financial system. Following its strategy review in July, the European Central Bank will assemble a “climate change action plan”.
What wildfires mean for insurers and utilities
• GreenBiz
An increase in people and assets in fire-prone areas mean there is little chance that wildfire risk will stabilize in the foreseeable future, regardless of whether the last two years were outliers or the start of something more alarming.
No country safe from global warming: UN climate chief
• Globe and Mail • Washington Post
Amid extreme weather and temperature records, Patricia Espinosa warned that no nation is safe from the impacts of climate change. Greece created a new ministry to address the impact of climate change following the country’s worst heat wave in decades.
Tackling climate change could add years to our lives
Fossil fuels are a leading source of air pollution, a health risk that can take years off human lives. The smallest, most dangerous type of particulate air pollution, known as PM2.5, is on track to cost the average person 2.2 years.
What life may be like in 2050
It is possible that in 30 years, the only people who will live in houses will have either inherited them or will be multi-millionaires from other parts of the world, desperate to move Canada with its cooler climate and plentiful water.
Hackathon host develops apps to fight climate change
Shitangshu Roy wants to end catastrophic climate injustice. In April, the 29-year-old Haligonian started One Act at a Time to Heal the Earth (O.A.T.H.E.), which pairs mentors with 130 youth from across the world to design climate change solutions.
Integrated electricity systems must be more resilient
• Reuters
Prolonged blackouts in Louisiana following Hurricane Ida are a reminder that the power grid needs to become more resilient as well as reliable if even more services such as electric vehicles are going to depend on it in future.
Hawaii mapping best locations for microgrids
In an effort to spur microgrid development, Hawaiian Electric is working with the U.S. Department of Energy and other partners to develop a microgrid map that pinpoints areas across its service territory that are ideal for the technology.
Industry Events
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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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