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Li-Cycle pauses work on Rochester Hub, shares drop
Li-Cycle pauses work on Rochester Hub, shares drop
Li-Cycle Holdings Corp. (LICY-N) is pausing construction on its Rochester, N.Y. battery recycling facility, citing the strain of a rising budget. The company's board has ordered “an evaluation of the go-forward phasing of its scope and budget, including construction strategy.”
ESG data capture key to Starlight’s top GRESB ranking
Starlight Investments’ efforts to invest with impact paid off with a second consecutive leadership spot in the Canadian multifamily category by Global Real Estate Sustainability Benchmark (GRESB), according to Starlight’s vice-president of ESG Marlee Kohn.
GUEST SUBMISSION: Sustainability in an age of digitization
Redbrick's CMO Marco Pimentel identifies some top-down strategies ahead of this year’s International Day for Climate Action on Oct. 24 that business leaders should consider when creating a sustainability plan. Innovative office technologies, employee incentives and partnerships are some examples.
Alberta Energy Regulator mulls reducing liability of old wells
The Alberta Energy Regulator is considering allowing oil and gas companies to reduce their environmental liabilities on old well sites before the cleanup is certified complete. The regulator says the move would reward companies that remediate their old sites promptly.
Toronto votes 'yes' to decarbonize vehicles-for-hire
The City of Toronto has approved a plan to phase out gasoline-powered taxis and ride-sharing vehicles over the next seven years. After Jan. 1, 2031, all vehicles-for-hire operating in the city must be zero emission.
 | Grosvenor Grosvenor announces strong 2023 GRESB scoresGrosvenor, an international property owner and developer with a 70+ year track record in North America, announced higher annual scores from the Global Real Estate Sustainability Benchmark (GRESB), underscoring the company’s successful ongoing efforts to reduce carbon emissions. Sponsored by: Grosvenor |
Alta. oil play draws drillers seeking a cheaper, greener crude
The Waseca formation holds heavy oil about 400 metres beneath the soil near Cold Lake, Alberta. But unlike the oilsands, Waseca can be tapped with conventional gear that generates lower emissions because steam isn’t needed to make the crude flow.
Feds announces $2.5M for Lac-Mégantic microgrid
Ottawa has pledged $2.5 million for Lac-Mégantic, Que. to support capacity-building activities that will increase the knowledge and skills related to the city's microgrid. Hydro-Québec also contributed to this project, bringing the total investment to $3.75 million.
Coast Guard announces construction of first hybrid vessel
Public Services and Procurement Canada, on behalf of the Canadian Coast Guard, has awarded Chantier Naval Forillon in Gaspé, Que., a contract to build a diesel-electric hybrid near-shore fishery research vessel. The contract was awarded for $55.5 million.
FLO sells its 100,000th charging station
Quebec City-based FLO, a North American electric vehicle (EV) charging network operator and smart charging solutions provider, has sold its 100,000th charging station. The charger was a FLO Home X5 unit that will be installed in Toronto by Ridgeline Electric.
EVs getting easier to find — but price tags out of reach
Electric vehicle manufacturers are leaning heavily on electrified SUVs, trucks and large cars that mean high prices and profits. The trend has helped push the average price for an EV to almost $73,000, according to Canadian Black Book.
131 companies call for COP28 agreement to ditch fossil fuels
131 companies, including Nestle, Unilever, Mahindra Group and Volvo Cars, wrote in a letter published on Monday that attendees at the COP28 summit must commit to reach 100 per cent decarbonized power systems by 2035.
B.C. green tech gets $9.9M from Canada for growth
Ottawa has earmarked $9.9 million to accelerate the growth of B.C.’s tech businesses. The Minister of Emergency Preparedness announced Pacific Economic Development Canada will provide the funding, which augments a previous pledge of $11.5 million from the province.
B.C. funds innovation to advance carbon management MMV
The B.C. Centre for Innovation and Clean Energy is allocating $2.82 million in non-dilutive funding to develop commercial pathways for innovative B.C.-based solutions that support the measurement, monitoring and verification (MMV) of carbon emission reduction, removal and avoidance.
B.C. eyes its role in producing metals for a green-tech future
The government of B.C. has formed a new advisory committee, which includes FPX Nickel Corp. (FPX-X), to help its Ministry of Energy and Mines develop a strategy to capitalize on the province’s mineral wealth.
Calgary vertical farm's rapid-growing greens to hit shelves
When GoodLeaf’s baby and micro greens hit grocery shelves in Calgary next month, it will mark another notch in the company’s rapid growth as a leading vertical farming company attempting to bring the new type of farming to scale.
An oil giant quietly ditched the world’s biggest carbon capture plant
Century, a U.S. carbon capture and storage mega-plant, was built by Occidental (OXY-N) in 2010. It was set to become the biggest-ever example of carbon capture. An investigation reveals Century never operated at more than a third of its capacity.
Cleaning up steel, cement, chemicals is tough but doable
Steel, cement and chemicals represent the world’s top three emitting industries, which together are responsible for more than one-quarter of global carbon dioxide emissions. But pathways to decarbonization do exist for curbing emissions, boosting efficiency and slashing energy use.
Water crisis threatens $80 trillion in economic value: WWF
The annual economic value of water and freshwater ecosystems is estimated at $80 trillion – equivalent to 60 per cent of global GDP. But the world’s freshwater ecosystems are in a downward spiral, according to the World Wildlife Fund (WWF).
NYC turned world’s biggest garbage dump into a park
Staten Island’s Freshkills was once the world’s largest dump. In 2001, New York City began turning it into a park. North Park, the first section allowing public access into the interior of the former landfill, opened last weekend.
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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