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‘Tomorrow is too late’ for carbon capture initiatives

2 years ago

When it comes to carbon capture, utilization and storage (CCUS) adoption, urgency is required to help Canada meet its 2030 and 2050 net-zero goals, meaning “tomorrow is too late.”

Stellantis has announced $3.6-billion in investments at auto facilities in Windsor and Brampton to facilitate the production of electric vehicles (EVs).

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RMI’s Horizon Zero project aims to enable companies to take greater strides toward their net-zero goals by providing clarity on where emissions are happening throughout their supply chains and specific guidance for their supply chain partners to decarbonize manufacturing processes.

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BMO and Export Development Canada (EDC) has announced plans to provide more than $1 billion in guaranteed financing over the next three years to support sustainable initiatives, including hydrogen, renewable infrastructure and grid modernization, across nine carbon-intensive sectors.

Energy Profiles

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Canadian oil and gas companies must become Canadian energy companies with low- or zero-carbon business lines if they are to successfully adapt to a net-zero world. On May 4, Enbridge shareholders will have an opportunity to send that message.

Jordan Maxwell, Newsletter editor

Business reporter

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Sustainability is becoming huge for the business travel industry, as revealed in new research from the Global Business Travel Association (GBTA). Almost nine in 10 industry respondents say sustainability is already a priority for their company.

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PODCAST: People have long talked about electric vehicles as being a crucial element in getting emissions down to net-zero; but, as the Globe’s mining reporter Niall McGee points out, an EV’s carbon footprint is more than just a pinky toe.

Building Lasting Change

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Divest from the Coastal GasLink pipeline or Hollywood will divest from you was the message for the Royal Bank of Canada, delivered last week by Office of the Wet’suwet’en spokesperson Sleydo’ Molly Wickham and climate activist and actor Mark Ruffalo.

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A pilot project that helped a small Alberta town collect 125 kilograms of plastic and generated data is now receiving attention from Canada’s largest cannabis companies using the idea to reduce plastic waste when it comes to its pot containers.

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As Canada’s Arctic continues to accumulate plastic, and climate change takes its toll on northern environments and communities, experts have evidence to suggest each threat is exacerbating the other, according to a recent paper published in Nature this month.

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Clorox has announced it has signed a 12-year, 47-megawatt PPA with Enel Green Power. To be used for its U.S. and Canadian operations, the renewable electricity generated will help reduce nearly 160,000 metric tonnes of CO2 emissions each year.

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Oil has long been a lever for political change. However, the emergence of electric power as a transportation fuel that can be produced anywhere could remove the geopolitical leverage that a lot of oil producers enjoy.

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With the U.S. government creating a leasing structure for carbon projects on public-owned lands, experts are wondering if unlocking the vast amount of state lands for carbon projects could be a huge win for the climate in other countries.

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For the first time ever, California, the world’s fifth-largest economy, was powered by 100 per cent clean energy on Saturday, April 30. That milestone was driven largely by solar power.

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Highland Park, near Detroit, Mich., ranks in the bottom percentile for low-income status in the U.S. With two-thirds of residents living without streetlights, microgrids are now playing a small part in a clean, local energy initiative in rural Michigan.

Atlantic Real Estate Forum

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Two towns in Western Canada, both nestled in the heart of wildfire country, have begun the work of erecting permanent evacuation centres. In Spences Bridge, B.C., and High Level, Alta., summer fire season is becoming more erratic than ever before.

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With a new wildfire season starting in the province, a recent study from the University of British Columbia (UBC) is recommending the removal of barriers so Indigenous burning practices can be used to help control blazes.

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Excessive heat attributed to a changing climate has gone from the hypothetical to the horrifying as temperatures spike worldwide. The impacts on health, crops, power grids, water supplies and other critical elements of human existence are growing, too.

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A blistering heat wave has scorched wheat fields in India, reducing yields in the second-biggest grower. That’s spurring estimates that yields have slumped 10 per cent to 50 per cent this season, according to local government officials surveyed by Bloomberg.

Industry Events