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Brookfield to run U.S. office portfolio on clean power by 2026

1 year ago

Brookfield to run U.S. office portfolio on clean power

Brookfield Properties plans to power its entire 70-million-square-foot U.S. office portfolio utilizing only zero-emissions electricity by 2026. More than 65 per cent of its office space will make the transition by 2024, the firm announced.

Switch to clean power to lower Cdns' energy bills

A Canadian Climate Institute report says switching to clean electricity will allow Canadians to spend 12 per cent less on energy in 2050 than they do today. It also indicates which provinces will benefit most from government funding.

Startups offer reusable delivery packaging options

Canadian startups ReturnBear, Suppli and Reusables.com have announced partnerships to expand the scope of their reusable packaging offerings in parcel and food deliveries. The startups seek to tackle the problem of single-use packaging waste and promote a more circular economy.

Infrastructure funds to require climate consideration

Canada’s new climate adaptation strategy will tie future federal infrastructure transfers to the provinces to projects incorporating adaptation efforts starting next year. Provinces and territories will also have to build climate resilience into recovery efforts to get post-disaster federal help.

Canada's top 50 corporate citizens ranked

Since 2002, Corporate Knights’ ranking of Canada’s Best 50 Corporate Citizens has been tracking public and private companies as well as Crown corporations with more than $1 billion in revenues. This year, Innergex Renewable Energy took the top spot.

Queen's leads Canada in global sustainability rankings

Queen’s University ranked first in Canada and third worldwide out of more than 1,700 participating institutions in the Times Higher Education Impact Rankings. The ranking system grades post-secondary schools on how well they are advancing the UN Sustainable Development Goals.

Toronto election raises hopes for faster climate action

Expectations are running high that veteran politician, community activist, and changemaker Olivia Chow will get Toronto on track to meet its climate and energy transition targets after winning the mayoralty of Canada’s largest city.

Pension plans endorse sustainability disclosures

The chief executives of 11 of Canada’s largest pension fund investors are throwing their support behind a new sustainability reporting standard, urging companies to embrace the rules to measure performance on environmental and social issues.

Westons shift investing strategy after Selfridges sale

The billionaire Weston family is refocusing its personal investments to finance more innovative areas of the economy, including clean energy, early-stage technology and disruptive retail and consumer products. The makeover follows the passing of patriarch W. Galen Weston in 2021.

Plastic-eating enzymes in fashion with Lululemon

Lululemon's multiyear commitment with Australian startup Samsara Eco marks its first investment in a recycling company. It also represents the fashion industry’s latest endorsement of an emerging approach that relies on enzymes to break down old textiles.

Large share of ultimate BOMA TOBYs go to Canada

Canadian buildings have captured many of the 2023 BOMA International TOBY Awards. Management teams in Toronto, Edmonton, Mississauga and Oakville claimed seven of those ultimate TOBYs as BOMA International’s annual conference and expo wrapped up in Kansas City, MO.

EV battery recycler Li-Cycle readies for its big test

Across the border in Rochester, N.Y., Li-Cycle is preparing to open the first of its "hub" facilities where it will process black mass into battery-grade materials so it can sell the minerals itself, which is where the real value lies.

Excess electricity from SkyTrain could charge EVs

Vancouver's TransLink announced it will examine using excess electricity generated by the SkyTrain and trolley bus networks to charge vehicles. If the study shows feasibility, the public transit authority could potentially install more chargers at stations or bus exchanges.

Ballard signs fuel cell contracts to power mining trucks

B.C.-based fuel cell manufacturer Ballard Power Systems recently signed its second contract this year with a company that’s supplying Anglo American, one of the world’s largest miners, with hydrogen fuel cell-electric battery powertrains for large mining trucks.

Six Nations leading on Canada's largest battery farm

A plot of farmland near the Six Nations of the Grand River reserve in southwestern Ontario is set to become one of North America’s largest battery farms, housing banks of high-capacity lithium-ion modules capable of storing 250 megawatts of electricity. 

DOE offers $9.2B loan to build EV batteries in the U.S.

The Biden administration has offered a record-breaking $9.2 billion conditional loan commitment to a Ford Motor Co. joint venture to help scale up domestic lithium-ion battery production for the U.S. electric vehicle market.

U.S. subsidies may distort critical minerals market: U.K.

The Inflation Reduction Act has earmarked almost US$400B in incentives and tax credits for cleantech from EVs to hydrogen production. While it’s aimed at boosting green-energy spending in the U.S., it has spooked governments and companies across Europe.

Mine waste could become ‘new resources of the future’

Extracting copper, nickel, cobalt and other minerals from mine waste could provide a key new source of the minerals needed for the energy transition, while at the same time cleaning up old mine sites, mining executives said at a conference.

Energy sector CO2 emissions hit record high in 2022

CO2 emissions from energy use, industrial processes, flaring (burning the gases produced by pumping oil) and methane increased by 0.8 per cent last year and reached "new records," according to a study conducted by KPMG and Kearney.

In 2022, Earth lost enough rainforest to fill Switzerland

The loss is equivalent to a soccer pitch of tropical trees felled or burned every five seconds, concludes the Washington-based World Resources Institute. The most affected country is Brazil, with a destroyed area representing 43 per cent of global losses.

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