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PSP Investments beats transition asset goal by 3 years
PSP Investments beats transition asset goal by 3 years
The Public Sector Pension Investment Board (PSP Investments) announced it exceeded its 2026 target for transition asset investment, representing a critical step as it seeks to ramp up its efforts for its short- and long-term net-zero goals.
Nano One receives $16.9M investment from Sumitomo
Lithium-ion battery cathode material producer Nano One Materials Corp. (NANO-T) has signed a collaboration agreement with Sumitomo Metal Mining Co., Ltd. – which comes with a $16.9 million strategic equity investment. Sumitomo now owns five per cent of Nano One.
Feds announce over $20M for Alberta wind project
The federal government has announced a pledge of $23.4 million for EDF Renewables Canada's Cypress 2 wind project in southern Alberta. The project will increase renewable energy capacity and grid services in Alberta, while reducing greenhouse gas emissions.
Ontario signs trade deal with Nevada over lithium
The trade deal — officially called a memorandum of understanding — should benefit Ontario’s automotive sector by helping secure a reliable source of lithium as the electric vehicle wave grows, Flavio Volpe, president of the Automotive Parts Manufacturers’ Association of Canada, said.
Brookfield enters renewable JV with Axis Energy
Brookfield Asset Management (BAM-T) has entered its second joint venture with Axis Energy Ventures to establish a renewable energy development platform targeting growth in India, the companies said in a joint statement on Thursday.
EverGen inks organic waste processing pact with Regina
EverGen Infrastructure Corp. (EVGN-X) announced it has entered a 10-year agreement with the City of Regina to process all organic waste collected by the city's food and yard waste program, expected to be up to 24,000 tonnes annually.
Ottawa’s clean power rules put consumers at risk: AESO
The Alberta Electric System Operator (AESO) says the province cannot decarbonize its grid in the time frame spelled out in Ottawa’s proposed Clean Electricity Regulations without putting consumers and businesses at risk of blackouts and surging power rates.
Metrolinx, SoilFLO sign soil management contract
Soil management software provider SoilFLO has been awarded a contract award from Metrolinx, the crown agency responsible for coordinating major transit initiatives across the Greater Toronto Area, to optimize Metrolinx's soil management processes and enhance its ecological initiatives.
U.S. hopes Europe will join green subsidy ‘race’
The U.S. hopes Europe will take similar measures to its Inflation Reduction Act to drive a “race to the top” to support green technologies, a senior U.S. official said in Berlin ahead of economic talks with German counterparts.
Youths take 32 countries to court over climate case
The European Court of Human Rights will hear an “unprecedented” lawsuit brought by six young people, between ages 11 and 24, against 32 European countries accusing them of failing to tackle the human-caused climate crisis.
Climate resilience must guide urban dev.: report
A new report by the Climate Crisis Advisory Group, Risk & Resilience: The role of cities in tackling the climate crisis, argues climate resilience must be embraced across urban development, given the extreme exposure of cities to climate risk.
Public Storage backing 130 community solar projects
Public Storage (PSA-N), the U.S.'s largest self-storage site owner, will host more than 130 community solar projects on its roofs in Illinois, Maryland and New Jersey. The installations will add over 87.5 megawatts of clean energy to local communities.
Amazon, IKEA join group to buy zero-emissions fuel
Amazon (AMZN-Q), IKEA, Patagonia, Green Worldwide Shipping and 20 other companies have made a group commitment to buy zero-emissions maritime fuel in bulk. The collaboration is called the Zero Emission Maritime Buyers Alliance.
DHL introduces sustainable solution for U.S. aviation ops
DHL Express will be the first international express package carrier to implement mobile charging carts at select U.S. airports, which will reduce carbon emissions by nearly 800 tonnes per year. DHL Express invested nearly $13.5 million in the initiative.
Startup wants to seed the oceans with minerals
San Francisco-based Vesta wants to dump a ground-up mineral called olivine on beaches and into seawater in an attempt to speed up the ocean’s natural ability to remove carbon dioxide from the atmosphere.
Ont. is changing how it recycles beverage containers
Beverage makers will soon be fully responsible for recycling non-alcoholic drink containers in Ontario, part of an environmental program called Extended Producer Responsibility. But calling it a “consumer responsibility program” might be more apt.
Truth, reconciliation and sustaining the land
Indigenous people have been on the frontlines of fighting to protect and sustain the land and environment for years. They warn that the West’s supposedly eco-friendly climate strategy is also a repeat of history.
Subterra Renewables bringing geothermal to condo towers
Twenty years ago, Michael and Lucie Andlauer decided to put a geothermal energy system into the 70-acre property they owned in Burlington, Ont. Today their company, Subterra Renewables, partners with about 100 different developers, primarily major players in Ontario.
Is graphene a cleantech supermaterial?
Lyten, a San Jose, Calif.–based startup, aims to perfect advanced graphene production to harness its potential performance and cost benefits. Earlier this month, the company announced it had raised $269M to scale manufacturing of its 3D graphene material.
Wind power industry drifts off course
A perfect storm of delays, design flaws and higher costs in the offshore wind industry has put dozens of projects at risk of not being delivered in time for countries to meet climate goals, executives, investors and analysts said.
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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