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OMERS Ventures head Damien Steel to be Deep Sky’s first CEO
OMERS Ventures' Damien Steel named Deep Sky CEO
After years as managing partner and global head of OMERS Ventures, Damien Steel is taking on a new challenge as the first CEO of Deep Sky, guiding the carbon removal company through its growth stage.
Kite Mobility receives $3.5M Canada-wide investment
Kite Mobility has secured $3.5 million in its third seed round, which will be allocated to accelerating growth. Kite gives residents and guests of private communities the ability to rent, reserve, pay-per-use, or subscribe to on-demand EVs and e-bikes.
Feds announce $28M for over 1,500 EV chargers
Ottawa is providing $28 million in funding for 1,578 new electric vehicle chargers in Quebec. The projects will include 1,151 Level 2 chargers and 481 DC fast chargers. The funding is provided through the Zero Emission Vehicle Infrastructure Program.
LG Energy Solution to use green bonds for ESG projects
LG Energy Solution is planning to issue green bonds to fund ESG initiatives, including: investing in renewable energy projects; developing more efficient battery production processes; reducing waste and emissions; and converting electric power used at its sites into renewable energy.
CAPP says it can hike oil output and lower emissions
The Canadian Association of Petroleum Producers (CAPP) said new federal production and emissions data proves the industry can increase production and lower emissions at the same time. The sector is under increasing pressure to clean up its operations.
Shell quietly shelves plan to shrink carbon footprint
Six months after becoming the chief executive at Shell Plc (RYDAF), Wael Sawan quietly ended the world’s biggest corporate plan to develop carbon offsets, the environmental projects designed to counteract the warming effects of CO2 emissions.
LEGO pledges $1.4B to achieve net-zero by 2050
The LEGO Group has pledged to achieve net-zero greenhouse gas emissions by 2050. The company has submitted its intention to the Science Based Target initiative and will work to develop a target to cover Scope 1, 2 and 3 emissions.
Google launches tool to map rooftop solar potential
Google (GOOGL-Q) has unveiled an expansion to the sustainability offering hosted on its Maps platform, including a trio of new tools to designed to provide information on solar power potential, air quality and pollen levels.
Energy expert resigns from Quebec committee
Energy specialist Pierre-Olivier Pineau has resigned from the Legault government’s Advisory Committee on Climate Change, denouncing “a kind of censorship,” a lack of vision and transparency, ineffective programs and the absence of questioning on the way Quebecers consume energy.
Feds to fund clean energy adoption in trucking sector
Ottawa has announced an investment of nearly $3M under the Zero-Emission Trucking Program to support three projects in Quebec, B.C. and Nova Scotia. Of that, $1.5M will be used to establish a zero-emission testbed in the Montreal area.
U.S. offers billions to retool auto plants for EVs
The Biden administration on Thursday said it is offering US$15.5 billion to help American automakers retool existing plants that make gas-powered vehicles and turn them into factories that deliver electric cars and trucks.
Canadians eager for climate-resilient homes
According to Aviva Canada’s How We Live report, nearly one-in-five Canadian households are prepared to undertake major renovations within the next five to 10 years to mitigate the impacts of severe weather events like wildfires, floods and tornadoes.
Edmonton opens first net-zero energy fire station
Edmonton's Windermere Fire Station features a rooftop solar installation, a geothermal heating and cooling system and other climate-resilient design features. Energy generation and reduction features of the building includes a solar array with 382 modules at 375 watts each.
Texas hooks up its first virtual power plant
Two clusters of Tesla (TSLA-Q) Powerwall customers, in Houston and Dallas, have been cleared to inject power from their battery storage devices onto the Texas grid and earn compensation for their services, a milestone for the mainstreaming of distributed energy.
Microgrids help Alaskans take control of their energy
In Alaska, many small towns are affected by climate change and also contribute to it by using diesel generators. In two towns, controls and grid sensors are helping boost renewables and resilience, improving on existing microgrids.
Mercedes-Benz to open its first charging stations
Starting in October, the first Mercedes-Benz Charging Hubs will go into operation in: Atlanta; Chengdu, China; and Mannheim, Germany. By the end of 2024, Mercedes-Benz aims to further expand its global charging network to over 2,000 high-power charging points.
Drought causing increased lineups at Panama Canal
Shippers are paying up to $2.4 million per vessel if they want to beat a logjam of carriers waiting to sail through the drought-affected Panama Canal, according to one company active in the market.
After going Hollywood, Barbie embraces sustainability
Barbie has made her theatrical debut in a star-studded movie that has so far earned $1.3 billion. While box office figures are still rolling in, the real story is perhaps in how Barbie is taking on the green revolution.
How Mr. Trash Wheel keeps plastic out of the ocean
Mr. Trash Wheel is an anthropomorphic machine scooping up the tonnes of garbage and litter that make its way downstream after every storm into Baltimore Harbor. The harbour connects to Chesapeake Bay, which is an estuary to the Atlantic Ocean.
Industry Events
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ESG Summit Canada
Oct 30 2024
Arcadian Court, Toronto
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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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