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GWLRA plots net-zero 2050 plans amid continued GRESB success
GWLRA plots net-zero plans amid GRESB success
GWL Realty Advisors Inc. (GWLRA) capped off the year with a Global Real Estate Sustainability Benchmark (GRESB) five-star rating for the sixth consecutive year – coinciding with their official net-zero 2050 commitment and plans to grow its sustainable portfolio.
World's biggest carbon capture plant being built
U.S. oil giant Occidental Petroleum Corp. and Canadian startup Carbon Engineering Ltd. are preparing a site in the Permian basin in the U.S. for a plant that will draw down 500,000 tons of carbon dioxide per year.
P&C insurers call for 'climate score'
Canadian property & casualty (P&C) insurers are banding with the Canada Mortgage and Housing Corporation to push for the disclosure of a real estate “climate score,” indicating the likelihood of a building or property being damaged during a natural catastrophe.
Teck Resources pivots to low-carbon minerals
Teck Resources Ltd. announced its long-telegraphed exit from Alberta’s oilsands Thursday, in a deal to sell its 21.3 per cent stake in the Fort Hills project to Suncor Energy Inc. for $1 billion.
Imperial awards biodiesel project contract to Fluor
Fluor Corporation was awarded a reimbursable front-end engineering and detailed design, engineering and procurement services contract for Imperial as the company progresses plans to develop a world-class renewable diesel complex at its Strathcona refinery near Edmonton.
Canada faces provincial divides in electrification drive
Canada has abundant hydropower, but capitalizing on that advantage is complicated by the fact that Canada's 10 provinces regulate utilities independently and trade little renewable power among themselves, even if hydro-generating provinces border on those producing high emissions.
Canadian solar-powered home built inside race track
A young couple in southeast Ontario has built a solar-powered off-grid home inside an abandoned race track, saving money on energy costs.
Fraser Valley needs flood control plan: Senate
The Senate committee on agriculture and forestry is calling for a comprehensive flood control plan for British Columbia’s Fraser Valley following last year’s catastrophic floods.
About Adobe's all-electric office tower
Adobe’s new 18-story building is Silicon Valley’s first of its kind, and places a big bet on the future of corporate spaces in the era of climate change.
Fossil fuel demand to peak sooner than thought: IEA
The global demand for fossil fuels will peak much earlier than previously expected if governments follow their current energy policies, according to a new report by the International Energy Agency (IEA).
Lloyds Bank halts direct fossil fuel funding
Britain’s largest domestic bank Lloyds Bank will no longer provide direct financing to any new gas, oil, and coal projects as part of its new climate policy.
Sunak to restore U.K. fracking ban
British Prime Minister Rishi Sunak will restore his country’s ban on oil and gas fracking, after his predecessor Liz Truss reversed a moratorium originally set out in the U.K. Conservative Party’s 2019 election platform.
South Africa takes $11.5B climate finance deal
Less than 3 per cent of an $11.5 billion climate finance deal being offered to South Africa by some of the world’s richest countries will come in the form of grants, Climate Home News reported.
U.S. Treasury launches clean energy outreach
The U.S. Treasury on Wednesday launched a series of meetings with clean power groups, utilities, labor unions and others to develop detailed rules for some $270 billion in newly enacted incentives to jump-start green energy investments.
Climate tech gets narrower and broader
New capital, new investors and newly coalesced expertise will create a much bigger climate technology market and allow for more precise targeting of opportunities.
Climate change dries up hydropower
The world’s largest hydropower plant went quiet this summer. A heatwave and upstream drought severely hobbled the workings of the Three Gorges Dam in China by shrinking the dam’s reservoir to a bare minimum.
Music industry changes its tune on climate change
After pledging to reduce emissions, record labels, musicians and other stakeholders have to put their money where their mouths are.
ESG backlash could cost U.S. investors
State and local governments in red states across the country are putting up increasingly stiff resistance to the idea of ESG-based investing, and although the movement known as anti-ESG is often dismissed as political theater, investors could lose out.
Every fraction of a degree counts: UN
Government pledges to cut greenhouse gas emissions put the planet on track for an average 2.8 C temperature rise this century, after "woefully inadequate" progress to curb warming, a United Nations report said.
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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