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Ontario net-zero grid possible by 2035: Report

1 year ago

Ontario net-zero grid possible by 2035: Report

Ontario can have a net-zero power grid by 2035 if it focuses on immediate investment and a diverse blend of renewable sources and energy storage over natural gas capacity, according to a report from Power Advisory.

Envest CEO talks about Bullfrog Power acquisition

UPDATED: An interview with Envest Corp. president and CEO Jason Moretto about Envest Corp. acquiring Bullfrog Power in a $35 million transaction to merge their complementary synergies.

SCEF enters Alberta market with 12 MW solar project

The Skyline Clean Energy Fund (SCEF) has entered the Alberta solar market with the acquisition of a ground-mounted 12 MW solar project southwest of the town of Bassano.

CNRL sets new emissions target

Canadian Natural Resources Ltd. (CNRL) pledged to reduce greenhouse gas emissions by 40 per cent from 2020 levels by 2035, a new and relatively ambitious target aimed at convincing investors and regulators that it is taking climate change seriously.

Ivey Foundation pledges $100M for emissions cuts

Canada’s sixth-oldest family foundation has announced a five-year plan to close its doors after distributing its entire $100-million endowment to help slash the country’s greenhouse gas emissions and build a low-carbon economy.

Energy transformation coming fast and hard: CCPPP

Delegates attending a Canadian Council for Public-Private Partnerships (CCPPP) conference focused on Canada’s energy future heard the industry has to build clean, green, big and fast for the nation to transform its grid and achieve carbon-reduction goals.

Green construction tech can decarbonize buildings

According to a new report by venture capital firm A/O PropTech, global investment into green construction technologies clocked in at $2.2 billion in 2022. The growth was attributed to legislation and technological innovation ushering in green buildings.

Urban areas experiment with cooling technologies

With temperatures in cities set to rise in the coming decades, many public and private players in emerging markets are looking to tackle the challenge of extreme heat through technology, sustainable building techniques and the expansion of urban green spaces.

Mass timber could help solve the housing crisis

A Kitchener, Ont.-based architect sees plenty of opportunities for mass timber to help solve the affordable housing crisis.

VW scouting for first battery-cell plant in Canada

Volkswagen (VW) has begun searching for a site for the German carmaker’s first battery-cell factory in North America, its CEO announced on Thursday.

Canada approves palladium mine environmental plan

The government of Canada has approved Generation Mining’s Marathon palladium-copper project’s environmental assessment, as part of a country-wide strategy that seeks to boost production of metals and minerals considered key for the energy transition towards renewables

Ontario's environmental protections weak: AG report

As Doug Ford’s government gets set to slash environmental protections, Ontario’s auditor general has found the province is already mismanaging them, from flood risks to protected land and invasive species.

Will Big Tech downsize clean energy commitments?

Big Tech is downsizing after mammoth years. But if the era of excessive profit margins are behind us, Sarah Golden wonders: "How committed will companies stay to their ambitious clean energy goals?"

Florida pulls $2B from BlackRock in ESG fight

Florida will pull $2 billion worth of state assets managed by BlackRock Inc., accelerating Republicans’ fight with the world’s largest money manager over its ESG investing practices. 

Report shows how to mend fashion's emissions

The fashion industry is one of the biggest global emitters of greenhouse gases. A new report from the Hot or Cool Institute strives to fill a knowledge gap that exists in the current climate scenarios relating to fashion.

3 primers for buying carbon offsets

As interest and scrutiny involving the use of carbon credits toward net-zero goals intensifies, resources from Shopify, Frontier Climate and Ecosystem Marketplace have some answers for corporate buyers.

Europe embarks on solar power 'revolution'

Spurred by Russia’s war in Ukraine and its own pledge to cut greenhouse gas emissions in half by 2030, the European Union is aggressively ramping up its use of solar power, installing panels on everything from city rooftops to farmland.

Big solar already pulling its weight on emission reduction

Following a disappointing COP27 climate change summit in November, solar industry veteran Philip Wolfe reviews the contribution utility-scale PV is starting to make to emissions reduction.

Climate disasters caused $260B of damage in 2022

A report from the Swiss Re Institute, the research arm of the reinsurance giant which looks at losses from natural catastrophes such as floods, hurricanes and wildfires, estimates the total economic losses will reach $260 billion in 2022.

1.5C still achievable: IEA executive director

It’s “factually incorrect and politically very wrong” to say a 1.5°C limit on average global warming is no longer possible, International Energy Agency executive director Fatih Birol said this week.

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