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CHAR to help ArcelorMittal decarbonize Canadian operations
CHAR to help ArcelorMittal decarbonize Cdn operations
ArcelorMittal (AMSYF) said its $6.6-million investment into CHAR Technologies is proof of its commitment to tackle climate change as it taps into the biocoal produced by the Toronto-based company to reduce emissions in its Hamilton steel factory.
 | The 360 on Energy and Carbon Building an energy team for sustainable successDavid ArkellOwner, CEO, 360 Energy Inc. |
 | 360 Energy and Carbon Insights What we learned from tracking our carbon emissionsDavid ArkellOwner, CEO, 360 Energy Inc. |
Canada to phase out 'inefficient' fossil fuel subsidies
Canada introduced guidelines to ban some fossil fuel subsidies, targeting those that disproportionately benefit oil and gas, solely support sector activities or endorse consumption of fuels that worsen climate change. It's the first G20 fulfillment of a decade-old promise.
Japan’s Itochu to invest $2B in renewables in U.S., Cda
Japan’s trading house Itochu Corp. plans to invest around $2 billion in renewable power generation assets in the United States and Canada together with partners via a special fund, the company said.
Electra to nearly triple cobalt supply to battery giant LG
Toronto–based Electra Battery Materials says it will supply LG Energy Solutions with nearly three times more cobalt than previously announced as companies look to “lock in” the supply of metals needed for the energy transition away from fossil fuels.
Volt Lithium announces $6M offering of units
Volt Lithium has entered into an agreement with Canaccord Genuity on a public offering of flow-through units of the company for $0.24, and units of the company for $0.22 for aggregate gross proceeds of up to $6M.
Heliene planning new U.S. solar panel and cell factory
Ontario-based Heliene is planning a major expansion of its U.S. manufacturing operations with a new Minnesota factory that will produce both modules and cells, its chief executive told Reuters. The company already makes panels in Iron Mountain, Minnesota and Ontario.
Startup Airex Energy sees a big future in biochar
Quebec's Airex Energy is part of a group that committed $80M to build North America’s largest biochar plant. Airex, along with lumber producer Groupe Remabec and waste treatment company Suez SA, plan to build the plant northeast of Montreal.
South Korea is key partner for U.S. energy transition
Over a third of the announced investments, over $22 billion in total, under the U.S. Inflation Reduction Act have been directed toward South Korean companies such as Samsung SDI, LG Energy Solutions, SK Battery and Hanwha Q Cells.
UK fund wins appeal over fossil fuel investments
The £82B ($139B) Universities Superannuation Scheme faced legal action from two of its members over its continuing investments in coal, natural gas and petroleum. The lawsuit was blocked last year by London’s High Court and dismissed on Friday.
Thyssenkrupp gets nod for $2.9B green steel subsidy
Thyssenkrupp AG (THYKF) got European Union approval for a 2 billion euro ($2.9B) package of subsidies from Germany for proposed green steel production. Currently, Thyssenkrupp's steel division is responsible for 2.5 per cent of the country’s total carbon emissions.
Rivian adopts North American Charging Standard
Rivian Automotive Inc. will incorporate Tesla Inc.’s (TSLA-Q) EV charging ports into future automobiles and gain access to its supercharger network. Tesla’s charging network has a reputation for reliability, ranking highest in a recent J.D. Power survey.
Stellantis, Samsung to build second U.S. gigafactory
The Stellantis-Samsung SDI facility, to be manufactured under the existing StarPlus Energy joint venture, is targeted to start production in 2027, the plant aims to have an initial annual production capacity of 34 gigawatt hours.
Opinion: People like the idea of EVs but aren't buying
Some auto-industry observers are calling it a “field of dreams” moment, but if EV makers can’t figure out how to bridge the gap between consumers’ curiosity and willingness to buy, it may become a nightmare on Main Street.
Hydrogen infrastructure remains key focus for Service Alberta
In a mandate letter published Monday the government reiterates it is in the process of “acquiring expressions of interest from private sector investors to establish a network of hydrogen vehicle and electric vehicle (EV) recharge stations throughout the province.”
Niagara College constructing new state-of-the-art greenhouse
With a focus on fostering innovation within the vital greenhouse industry and enhancing learning opportunities for students, the 1,258-square-metre greenhouse is being described as a game-changer for Niagara College's Horticultural & Environmental Sciences Innovation Centre.
'Sponge park' could help Montreal cope with flooding
Whether you call it a “sponge park” or an example of phytotechnology in practice, Montreal’s Brewster Park is due to be transformed into a serious contributor to the city’s flood control effort — and a better place for kids to play.
Russia, Saudi Arabia oppose G20 green energy proposal
Fossil fuel producers, including Saudi Arabia and Russia, opposed a proposal to triple G20 countries’ renewable energy capacity by 2030, sources said. China, the world’s biggest emitter of CO2, as well as South Africa and Indonesia, also opposed the plan.
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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