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Canadian Sustainability Standards Board set to take up global ESG standards
CSSB set to take up global ESG standards
The Canadian Sustainability Standards Board (CSSB) is accelerating its mission to bring Canada in alignment with international sustainability standards as laid down by the International Sustainability Standards Board. The newly formed CSSB became operational in June.
Revolve Renewable Power proposes WindRiver acquisition
Revolve Renewable Power Corp. (REVV-X) has announced the proposed acquisition of hydro and wind project developer WindRiver Power Corp. for an upfront consideration of $4.85 million. The acquisition is expected to close in December.
H2 Green Steel explores $6B project in Canada
Sweden’s H2 Green Steel is in talks with governments in Canada to build a factory in northern Quebec, as the young firm tries to deliver on a promise to customers — steel produced with minimal carbon emissions.
Svante secures commercial supply of MOF with BASF
Vancouver-based carbon capture company Svante Technologies has developed a commercial supply agreement with the world’s largest chemical producer, BASF, to scale up its novel metal-organic framework (MOF) nanomaterial for the purpose of its carbon capture filter technology.
Cdn. hydrogen dynasty believes its moment has come
For over 100 years, the Stuarts have been making and selling electrolyzers – devices that split water into oxygen and hydrogen so the latter can be used as an energy source. Their latest venture is Owen Sound, Ont.'s Hydrogen Optimized.
Emissions could increase with Toronto gas plant upgrade
After its proposed upgrade, the Portlands gas plant will produce fewer emissions to generate the same amount of electricity. The plant's operator is mum on whether it would be fired up more often, which would cancel out those efficiencies.
Fifth greenhouse will be most efficient: Lufa Farms
Perched atop the Walmart in Montreal's Marché Central, Lufa Farms' new 127,000-square-foot structure "will yield approximately 18 to 20 per cent more produce than the standard models." The greenhouse is set to begin sowing vine crops in March.
DevvStream launches blockchain-based COPP
Vancouver's DevvStream Holdings Inc. (DSTRF), a carbon credit project co-development and generation firm specializing in technology-based solutions, has announced the launch of its blockchain-based environmental project management platform, the Carbon Offset Program Platform (COPP).
Metro Vancouver safeguarding its water supply
While reservoir levels remained within “normal operating range” even at the lowest point, experts say the unusually dry summer shows the need to safeguard Metro Vancouver’s drinking water supply amid climate change and increased demand from population growth.
BC Ferries forced to gear down electrification ambitions
BC Ferries has officially changed course, scaling down plans to electrify its Island Class fleet and ability to achieve provincial emissions targets. The plan was contingent on securing adequate funding from the federal and provincial governments – something that hasn't occurred.
Renewable energy funds see record outflows
Investors ditched renewable energy funds at the fastest rate on record in the three months to end-September as cleaner energy shares took a beating from higher interest rates and soaring material costs, which are squeezing profit margins.
Execs share VW's roadmap to going green
Pierre Boutin, president of Volkswagen Group Canada, and Robert Weggaesser, chief financial officer of the automaker’s St. Thomas, Ont. plant, were the keynote speakers at the Manufacturing Matters conference in London last week.
Landsec betting tenants will lease green space
Landsec, London, U.K.’s largest office owner, is pushing ahead with the rare speculative development of a 380,000-square-food London office building, betting that companies will lease green space in spite of the wider malaise in the market.
Canada’s cleantech incentives are a mess
OPINION: The U.S. Inflation Reduction Act, which could see between $517 billion and $2.3 trillion put toward clean power and industry in the U.S. while reshoring manufacturing, contrasts with the absence of similar incentives across the world, including in Canada.
3 New England states team up on offshore wind power
Massachusetts, Connecticut and Rhode Island will procure future wind energy projects together rather than separately as part of a joint agreement the states’ governors announced last week – the first such multi-state agreement in the United States.
Sept. record global heat called ‘gobsmackingly bananas’
The Northern Hemisphere may be transitioning into fall, but there has been no let up from extreme heat. New data shows last month was the hottest September, putting 2023 firmly on track to be the hottest year in recorded history.
ING’s German unit drops high CO2-risk clients
Eddy Henning, who runs ING’s (ING-N) commercial banking activities in Europe’s biggest economy, says borrowers who don’t provide adequate responses to the bank’s inquiries about their carbon footprint should expect to have their loan applications rejected.
'Europe isn’t profitable': Solar industry warns of hurdles to EU
Europe’s bid to expand its green tech industry faces a host of challenges, including high energy costs and supply chain issues, solar industry representatives warn. “You cannot manufacture in Europe,” an executive from Chinese solar energy firm Trina Solar said.
Startups using AI to cut energy waste from buildings
Building efficiency is the kind of data-rich world in which AI can thrive. A growing group of property owners, venture-backed startups and building-equipment vendors are applying the latest advances in the field to help buildings become more efficient.
The world is approaching a peak in electricity emissions
Electricity production is the biggest source of CO2 emissions in the world, but a new report from clean-energy think tank Ember, Global Electricity Mid-Year Insights 2023, suggests the grid’s dirtiest days will soon be behind it.
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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