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Quebec's Fonds FTQ to invest $100M in RNG sector

1 year ago

Quebec's Fonds FTQ to invest $100M in RNG sector

Quebec's Fonds de solidarité FTQ has set out to invest $100 million in the province’s bioenergy industry through a limited partnership that will focus on biomethanization and renewable natural gas (RNG) projects.

Carbon Streaming sees payoff from carbon credit deals

Carbon Streaming Corp. has had a busy year, dramatically increasing its portfolio and beginning to realize the results of its initial carbon credit streaming agreements.

Canada’s green taxonomy playbook stuck in limbo

Canada may lose out in the race to attract billions of dollars for retooling its economy to meet climate targets as a new green investing guidebook remains stuck in limbo in Ottawa, the head of the group developing it says.

How to boost Indigenous clean energy involvement

As Canada strives to adopt zero-emission transportation and clean energy opportunities, ensuring the inclusion of Indigenous communities is essential. However, a recent news report revealed that only a low number of Indigenous organizations are participating in Canada’s Clean Fuels Fund.

Feds, First Nation sign pact for Giant Mine cleanup

Ottawa and Yellowknives Dene First Nation have signed a procurement framework agreement for the cleanup of Giant Mine, one of Canada’s most contaminated sites. The First Nation says the deal provides for tougher penalties failing to meet Indigenous hiring commitments.

In rush for key metals, Canada ushers miners north

Canada is offering incentives to companies to dig in its northern regions for critical minerals needed for EVs and solar panels. But based on past abuses, critics fear carbon-rich peatlands will be lost, rivers polluted, and cleanup projects left behind.

Canada's energy transition changing mining's gold rush

A few years ago, a high payoff could only have been associated with gold mining. Today, with the increasing demand for battery metals such as lithium, nickel and cobalt, many prospectors are exploring deposits that contain these critical minerals.

Can Canada counter the U.S. Inflation Reduction Act?

An association representing 2,500 Canadian manufacturers is criticizing Ottawa for lagging as investment flows south in response to the U.S. Inflation Reduction Act. Canadian Manufacturers and Exporters says Canada may miss an important window to invest in a net-zero future.

Wildfires may trigger insurance premium hikes

Wildfires aren’t just affecting the air we breathe — they also look set to hit Canadians in the pocketbook. The unusually active forest fire season in Quebec, Ontario and the Maritimes will probably push up insurance premiums, said Mouvement Desjardins CEO.

Highwood closes $3M seed round of funding

Calgary's Highwood plans to use the investment to further develop its Emissions Management Toolkit. Designed to address the challenges faced by the oil and gas industry, the toolkit allows companies to capitalize on their greenhouse gas emissions management strategies.

Renewable fuel co. Anaergia gets new leadership team

Anaergia Inc., has announced the appointment of Brett Hodson as CEO, succeeding the company’s founder and chairman, Dr. Andrew Benedek, effective June 20, 2023. Dr. Benedek will continue to serve as chairman of the company’s Board of Directors.

Canada's restaurants ponder switch from gas

Climate activists say induction cooktops are more energy efficient than gas stoves or even traditional electric cooktops and therefore better for the environment. Some groups are hoping to persuade politicians to restrict or even ban the use of gas stoves.

Calgary grocery chain decries Liberals' plastics ban

Calgary Co-op, which has already switched from plastic to an entirely compostable bag, has discovered that the Liberals are also banning their bags from being distributed and is calling for the government to reconsider its rules.

Green products are at the crossroads

Reusable dishes, bulk, sustainably caught fish, compostable bags. Sustainable products have entered our lives, but their claims sometimes arouse mistrust. Among the wide variety of green claims, consumers sometimes get dizzy, and recent cases of greenwashing have fueled skepticism.

Greener Neighbourhoods program calls for applications

This call will support up to six aggregated deep energy retrofits in communities across Canada. Targeting clusters of community housing buildings of 100 or more units per site, the proposals will explore innovative pathways for more affordable and efficient renovations.

Miami-Dade Transit orders 100 zero-emission NFI buses

The U.S. subsidiary of Winnipeg-based NFI Group has been awarded a firm order for 100 zero-emission, battery-electric Xcelsior CHARGE NG™ 60-foot, heavy-duty transit buses to support zero-emission bus deployment in Miami County.

HUD offers multifamily owners $4.8B for green retrofits

The U.S. Department of Housing and Urban Development has opened its application process for a new fund, the Green and Resilient Retrofit Program, offering up to $80M in grants or loans. Three types of projects are eligible to apply.

NYC is getting its biggest battery system yet

New York City’s biggest battery system is about to enter into service — just in time to alleviate stress on the electric grid from millions of whirring air-conditioners and spinning fans during the summer season.

Rich nations pledge $2.5B for Senegal’s renewable rollout

A group of wealthy European nations and Canada have promised to help Senegal roll out renewables. Senegal’s president said the money would help his country get 40 per cent of its electricity from renewables by 2030.

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