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

Why climate risk matrices should matter to investors

1 year ago

Why climate risk matrices should matter to investors

Incorporating physical climate risk into portfolio management by developing and applying climate risk matrices should be a key consideration for investors across many varied industries, according to the University of Waterloo’s Intact Centre on Climate Adaptation.

Charge Solar completes 220-KW B.C. project

Victoria-based renewable energy solutions provider Charge Solar has successfully completed the 220-kilowatt Kwikwasut'inuxw Haxwa'mis First Nation (KHFN) solar project on B.C.'s remote community of Gilford Island. The company says the installation offsets 73,000 litres of diesel consumption annually.

Carbon Streaming moves closer to profitability: CEO

Carbon Streaming Corp.’s (NETZ-NE) Q2 results saw it inch toward profitability – generating approximately $59,500 in revenue from 6,646 carbon credits. This works out to an average price of $8.96 per credit. Gross profits were approximately $13,500.

Fostering a climate-positive culture at work

Engaging employees in company-wide initiatives and incentivizing them to make small changes on an individual level are both important to creating a climate-positive culture, according to participants in a panel led by Carbon Neutral Club co-founder Jack Bruner.

Why Carbon Engineering makes sense for Occidental

It was an ideal match. Carbon Engineering wanted to start with a large-scale project to take advantage of scale economies and Occidental (OXY-N) wanted to leverage existing carbon dioxide infrastructure from its enhanced oil recovery business.

Northvolt raises $1.6 billion to fund expansion

Northvolt has raised a convertible note worth over $1.6 billion as it prepares to build new factories in Europe and North America. Leading the extension are the Investment Management Corporation of Ontario, BlackRock and Canada Pension Plan Investment Board.

CPP joins startup at $100M reforestation fund

Canada Pension Plan Investment Board has joined a project to produce carbon credits by planting more than 100 native tree species on degraded land in Brazil’s Amazon region. It will invest as much as $30M in the reforestation fund.

Renewables companies hit brakes on Alberta projects

Alberta’s seven-month pause on approving new renewable power projects in the province has caused four major international companies at various development stages to stop work on their plans, an industry official said. Alberta paused approvals on August 3.

Sask. to offer $70M for drought-stricken producers

Saskatchewan’s agriculture minister says the province is making up to $70 million available this year to producers affected by drought. The funds will provide farmers with up to $80 per head to maintain breeding stock for certain livestock.

Federal Green Freight Program expands eligibility

Ottawa has launched a request for proposals (RFP) under Stream 2 of its Green Freight Program to help reduce the carbon footprint of medium- and heavy-duty vehicle fleets. The RFP is open to fleets from Class 2B to Class 8.

Should you electrify your heavy-duty truck?

Of the many questions fleet managers face when creating a decarbonization strategy, one is likely to trump them all: Will drivers be able to "refuel" the trucks on a regular basis, regardless of their anticipated operating range or duty cycle?

BC Hydro's interim EV charge fee hike denied

The B.C. Utilities Commission has rejected an application by BC Hydro to increase its fees at electric vehicle (EV) charging stations on an interim basis. BC Hydro had proposed an average increase of 15 per cent at its 84 stations.

New York City to mandate EV rideshare fleets by 2030

New York City has announced it will require EV rideshare fleets by 2030. The city announced the proposed rules for “Green Rides,” which requires the transition of New York City’s rideshare fleet to EVs or wheelchair accessible vehicles.

China’s abandoned, obsolete EVs are piling up

About a decade ago, encouraged by subsidies, hundreds of automakers across China waded into electric-car manufacturing. They churned out huge numbers of early-stage electric vehicles (EVs) — relatively no-frills cars some of whose batteries could only run for around 100 kilometers.

How eBay, Pepsi are addressing Scope 3 emissions

Because neither eBay (EBAY-Q) nor Pepsi (PEP-Q) has its own trucking fleet, engaging with vendors, suppliers and (in eBay’s case) even customers is the only way these companies can start to decarbonize this aspect of the business. 

Cargill tests 123-foot-tall 'sails' in effort to slash fuel

Cargill, the world’s largest agricultural trader, hauls 225 million tons of cargo each year on hundreds of colossal vessels. Now one of those ships is being powered, in part, by wind, thanks to two massive steel and composite-glass “sails.”

Lone Cypress Energy project ramps up blue hydrogen

In the heart of California’s Elk Hills Field, Lone Cypress Energy Service's Hydrogen Project is ramping up with a daily production capacity of 65 tonnes, positioning the company as the Western U.S.’s blue hydrogen leader. 

Indonesia to ease solar power rules to spur investment

Indonesia will temporarily relax rules that have slowed development of solar energy in the coal-dependent country, lifting one of the many regulatory and legal roadblocks to the archipelago’s pledge to reach net-zero emissions by mid-century.

Startups are vying to fix a fashion fossil fuel secret

Transferring dye to fabric is incredibly carbon-intensive. Newer sustainable techniques, including coloring with carbon dioxide, may help. A 2021 report from the Apparel Impact Institute found that phasing out coal would reduce emissions from textile manufacturing by 13 per cent.

Industry Events