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CVW CleanTech refines technology to clean up oil sands' waste ponds
CVW refines tech to clean up oil sands' waste ponds
Calgary-based CVW CleanTech Inc. (CVW-X) has spent 15 years developing a process to clean up the tailings from the oil sands industry and unlock their critical minerals, which could put a notable dent in the sector's environmental impact.
 | The EV Plug-in Lion Electric promotes Brunet to presidentNicholas SokicBusiness reporter |
Feds under pressure to implement carbon pricing system
A struggle to implement a new financing tool for cleantech projects is coming to a head – with billions of dollars, millions of tonnes of greenhouse gas emissions and the future of Canada’s industrial carbon pricing strategy hanging in the balance.
Battery energy storage system eyed near Woodstock
The Oxford battery energy storage project put forward by Boralex Inc. (BLX-T), if granted approval, would be ready for commercial operation in 2028. The facility would be located in the Township of South-West Oxford, near Woodstock, Ont.
Ex-Goldman exec. focusing on Canada transition futures
Jeff Currie, the former commodities chief at Goldman Sachs (GS-N), is joining Toronto-based Abaxx Technologies (ABXXF), a Canadian company that is set to launch a futures market tied to the needs of the energy transition.
Clean energy investing loses lustre despite climate crisis
Despite the heat waves, wildfires and floods that have amplified calls to accelerate the global energy transition away from fossil fuels, investors withdrew a record $1.03 billion from the world’s largest clean energy investment vehicles so far this year.
PowerTap enters hydrogen agreement with truck OEM
Vancouver-based PowerTap Hydrogen Fueling Corp. (MOTNF) has entered into a hydrogen purchase agreement with a major original equipment manufacturer (OEM) of hydrogen fuel cell electric vehicles. The companies will collaborate to encourage adoption of the OEM’s Class 8 zero-emission vehicles.
Pyrowave introduces nanopurification technology
Oakville, Ont.-based Pyrowave says its nanopurification technology operates at the molecular level to remove contaminants from polymers with perfect control on purified resins. It addresses the presence of contaminants in plastic waste and in pyrolysis oil.
Northland, Mitsui to build offshore wind farm in Taiwan
Japan’s Mitsui & Co says it has finalized a plan with Canada’s Northland Power (NPI-T) to build a one gigawatt offshore wind farm in Taiwan at an estimated cost of 960 billion yen ($8.7 billion).
Thorold City Council votes against gas plant expansion
Toronto-based Northland Power (NPI-T) had proposed the plant as part of Ontario’s controversial effort to add 1,500 megawatts of gas-fired generation to the grid. That effort failed spectacularly when the Thorold council voted unanimously against the project.
Most of N.S. lobster fleet well-suited to go electric: study
Environmental group Ocean's North has released a study that concludes about 2,300 lobster boats operating off Nova Scotia are suitable candidates to switch from diesel to electric motors, a change that would slash the industry's emissions.
Michael Bloomberg's $672M bet to end U.S. coal plants
Billionaire, philanthropist and former New York City mayor Michael Bloomberg announced this week that he will invest $672 million into his campaign to shut down U.S. coal plants and halve gas use by 2030.
BASF plastic additives reduce CO2 emissions by 60%
German chemical giant BASF (BASFY) announced the launch of the first biomass balanced plastic additives that can reduce a product’s carbon footprint by up to 60 per cent. Manufacturing the new additives uses renewable feedstocks instead of fossil fuel-based versions.
British PM rolls back key climate measures
U.K. Prime Minister Rishi Sunak announced a series of rollbacks on climate measures, including deferring the ban on the sale of new gasoline- and diesel-powered cars to 2035 from 2030. He said Britain will still meet its 2050 net-zero target.
Carbon offsets undercut California’s climate progress
According to a new research paper published in Communications Earth & Environment, the most frequently used type of carbon offset project in California's program appears to deliver far fewer climate benefits than claimed.
The climate upside of China's real estate downturn
The deepening debt crisis in China's construction sector – a key engine of economic growth, investment and employment – may trigger an unexpected climate benefit in the form of reduced emissions from the cement industry.
Europe’s power industry warns on aging electricity grids
Electricity industry association Eurelectric said to support the region's climate goals, average annual investments in Europe’s electricity grids from now to 2050 need to be at least 84 per cent higher than they were in 2021.
What Starbucks learned from reusable cup experiments
Starbucks (SBUX-Q) is testing models for 100 per cent reusable cups in more than 25 markets, including Arizona, California and Colorado; sites in Asia and the U.K.; and its Seattle headquarters, where more than 3,750 employees are based.
Timex launches ReWound watch takeback program
Timex has launched ReWound, a takeback and resale program to keep watches out of landfills. Customers can ship any used watch from any brand to either be upcycled into new products or made available for purchase on the ReWound site.
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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