Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Desjardins acquires stake in EDF Alberta wind projects

1 year ago

Desjardins acquires stake in EDF Alberta wind projects

Desjardins Group Pension Plan and its infrastructure investment fund Desjardins Global Asset Management (DGAM) have acquired a 37.5 per cent stake in two Alberta wind projects that was previously held by EDF Renewables North America Inc.

Hiring begins at NextStar's EV battery plant

NextStar Energy, a joint venture between Stellantis N.V. (STLA-N) and LG Energy Solutions, has begun hiring 130 employees as its first batch of workers for its upcoming $5-billion Windsor, Ont. electric vehicle (EV) battery facility.

Carbon Upcycling receives $34.3M funding

Calgary-based Carbon Upcycling Technologies Inc. has closed an approximately $34.3 million Series A funding round, which will support the first fully commercial-scale carbon capture and use deployments in Canadian and British cement plants.

Enerkem, Dimeta to partner on low-carbon DME fuel

Enerkem Inc. has partnered with Leiden, Netherlands-based Dimeta to initiate feasibility studies for the development of two large scale projects to convert waste into renewable and recycled carbon dimethyl ether (DME), a clean-burning fuel for use in numerous applications.

TC Energy's split could improve ESG: strategist

TC Energy Corp.’s move to spin off its crude oil business and separate into two companies has various benefits, according to one strategist, including helping the company with its ESG strategy by focusing on carbon capture and hydrogen.

Li-Cycle's German recycling facility begins operations

Toronto-based Li-Cycle Holdings Corp. (LICY-N) has started operations at its first Spoke recycling facility in Europe. The Magdeburg, Germany facility is expected to have a total recycling capacity of 30,000 tonnes of lithium-ion battery material per year.

Atlantic Canada's first Passive House industrial project

A 16,900-square-foot industrial building in Summerside, P.E.I. is the first industrial Passive House project in Atlantic Canada. It is the first project of up to seven in the new industrial park known as Eco Park.

Canada’s climate goals hinge on EV charging: TAF

Canada cannot meet its climate targets without ensuring that the one-third of Canadians who live in apartments and condos have access to electric vehicle charging infrastructure, says The Atmospheric Fund (TAF) in a letter campaign.

Manitoba plans for major wind power expansion

Manitoba plans to rely on wind farms and other forms of green power to boost generating capacity from 6,600 megawatts right now to somewhere between 10,000 and 16,000 megawatts by the 2040s, according to a new energy policy.

Canada turns to nuclear power after 30-year pause

Nuclear energy is gaining significant momentum in Ontario, with new plans to expand an existing plant to become the world’s largest and a pledge to add three small modular reactors to a site where another is already being built.

Banks limit counting of emissions in bond, stock sales

Banks working to develop global standards on accounting for carbon emissions in bond or stock sale underwriting have voted to exclude most of these emissions from their own carbon footprint, three people familiar with the matter said.

EU finalizes corporate sustainability disclosure rules

The European Union's executive body on Monday published final rules for corporate sustainability disclosures that it said avoid unduly burdening companies and are closely aligned with global norms, to avoid duplication for international firms.

U.S. eases permitting process for clean energy projects

U.S. federal regulators overhauled the process for connecting new energy projects to the power grid with new rules like requiring grid managers to assess projects in clusters. It’s supposed to clear a backlog that bogged down renewable energy growth.

Climate risk precipitates U.S. insurance meltdown

Florida’s insurance meltdown is happening as new people pour into places with the greatest risk of flooding, a pattern seen across the U.S. Almost 400,000 more people moved into than out of America’s most flood-prone counties in 2021 and 2022.

How to adapt home design for extreme heat

It’s not feasible to simply import Morocco’s iconic courtyards or Seville’s narrow streets to northern climes. But it is possible to incorporate elements of those concepts. As summer heat waves bake cities, here are four ideas for adaptive design.

How Google uses AI to help address the climate crisis

Google's (GOOG-Q) latest annual environmental report highlights how it is creating a formidable portfolio of climate action tools that use AI for everything from predicting floods and wildfires to calculating emissions associated with transportation routes to detecting changes in biodiversity.

U.K. to grant hundreds of new oil and gas licenses

Britain said it will grant hundreds of new oil and gas licenses in the North Sea in a bid for energy independence, ignoring calls from environmental campaigners and the United Nations to stop the development of new fossil fuel projects.

The invisible climate impact of a cruise ship

Cruise operators are replacing oil-based fuel with liquefied natural gas to run their ships and pitching the shift as a greener option. An investigation by environmental activists suggests the change could be worse for the climate in the short term. 

Coal demand set to remain at all-time high in 2023

Global coal consumption reached a new record in 2022 due to strong growth in Asia and is expected to stay near those high levels this year, the International Energy Agency reported in their latest market update.

G20 meeting ends without agreement on climate crisis

Environment ministers from G20 nations have failed to agree on ways to curb emissions and other crucial measures to address the global climate crisis ahead of the UN climate change conference at the end of the year.

Industry Events