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

Deep Sky announces first direct air capture partnership

1 year ago

Deep Sky announces first direct air capture partnership

Carbon removal company Deep Sky has added London, U.K.-based Mission Zero Technologies to its roster of carbon-capture partners piloting their technology for potential industrial-sized scale-up. Mission Zero is Deep Sky’s first announced direct air capture partner.

Cyclic adds former Li-Metal president to advisory board

Kingston, Ont.-based rare earth elements (REEs) recycling company Cyclic Materials has appointed former Li-Metal Corp. (LIM-CN) president Kunal Phalpher to its advisory board to aid in its commercialization efforts. REEs are integral to the shift toward electrification and decarbonization.

Call2Recycle adds Longo's to battery collection network

Retail supermarket chain Longo Brothers Fruit Market Inc. has become the first grocery store chain to join Call2Recycle’s Ontario battery collection and recycling program. All 37 Longo's stores across the Greater Toronto Area are now participating in the program

Item-sharing app Partage Club lands funding

Montreal-based item-sharing app Partage Club has closed $700,000 in pre-seed funding and plans additional fundraising this fall. The funding will assist Partage Club in adding an insurance feature to the platform and to expand its enterprise-focused subscription model.

Landmark Toronto hotel sees net-zero retrofit

Toronto's iconic Fairmont Royal York Hotel is getting a $46.5-million retrofit to reduce its carbon emissions, with the ultimate goal of becoming a net-zero, carbon-neutral building. The hotel is owned by KingSett Capital and operated by Fairmont.

Van. wastewater plant set to bust billion-dollar budget

Vancouver politicians won't say how much the North Shore wastewater treatment plant will cost, after suggestions it has blown past its budget of $1.06B. The cost could soak taxpayers, who are responsible for 45 per cent of construction costs.

B.C. industry calls for stronger carbon pollution standards

The Pembina Institute has sent a letter signed by more than 30 members of the construction industry to mayors and councillors across British Columbia urging them to vote to adopt the province’s new voluntary Zero-Carbon Step Code.

Carbon Streaming enters streaming pact with Mast

Toronto-based Carbon Streaming (NETZ-NE) has announced it entered into a streaming agreement with Mast Reforestation for the Feather River Dome project in California. The project is the second stream under its previously announced project pipeline streaming agreement with Mast.

Ottawa invests in First Nation microgrid project

The Canadian government is investing over $175 million in 12 clean energy projects across Alberta, including a microgrid aiming to provide reliable electricity to the Montana First Nation. The funding comes from the Smart Renewables and Electrification Pathways Program.

U.S., Cda. to spend $16T on renewables, grid by 2050

By mid-century, renewable energy is expected to be the dominant source of electricity in many major developed countries worldwide. For the United States and Canada, that paradigm shift comes with a $16 trillion price tag by 2050.

Feds making energy companies the middle man: ATCO

Energy companies are caught in the middle as Ottawa pushes “mischievous” legislation to create a net-zero grid by 2035 without an honest conversation with Canadians about the true cost of the energy transition, the CEO of Alberta-based ATCO (ACO-X-T) said.

U.S. announces $437 million for new type of battery

The U.S. Energy Department has announced a $437 million investment in new battery types that can help turn solar and wind energy into 24-hour power. The funds will be distributed among 17 states and the Red Lake Nation.

HSBC commits $1.35B to startups going to net-zero

HSBC has committed $1.35 billion to finance climate technologies that will support startups focusing on various ranges of solutions, including electric vehicle (EV) charging, battery storage, sustainable food and agriculture and carbon removal technologies.

VW cuts EV output at German sites as demand craters

Production of several Volkswagen’s EVs will be dialed back at the carmaker’s main EV plant in Germany until Oct. 16 due to a decline in European demand, a company spokesperson said. The expiration of German subsidies contributed to the decline.

Electric big rigs are going farther and charging faster

Data collected from a three-week-long test-drive event organized by the North American Council for Freight Efficiency indicates the latest medium- and heavy-duty electric trucks are increasingly ready to handle a lot of North America’s freight-hauling needs.

Lego drops plan to make bricks out of recycled bottles

Lego is scrapping plans to use one of the most highly recyclable plastics to make its bricks as it continues to look for a material it says is more environmentally friendly than the virgin plastic it currently uses.

Mass timber could be a game-changer for mining camps

A feasibility study, Benefits of Mass Timber Workforce Communities, identifies “many advantages in terms of climate mitigation . . . health and wellness” over traditional camp housing. The study shows mass timber housing is durable and can be readily moved to new sites.

The Vancouver restaurants ditching gas for induction

Some Vancouver chefs are hailing the rise of induction stoves as a new era in climate-friendly cooking. "It’s very consistent, very precise," one Michelin-recommended chef said. But for others, retrofitting commercial kitchens with the new technology is still too expensive.

The energy transition conversation is changing

Amid discussions on technology advances, regulatory environments, industry management and finance at the 24th World Petroleum Congress in Calgary, one phrase that looms large in the global petroleum zeitgeist was notable for its absence: climate change.

Industry Events