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ULI Toronto on current, new geothermal considerations
ULI Toronto on current, new geothermal considerations
A recent ULI Toronto panel painted a picture of geothermal’s emerging role in Toronto and Ontario’s rapidly approaching energy transformation.
Zibi’s roadmap to an innovative district energy system
How do you convince a multi-million dollar paper company to take a leap of faith and be among the first to buy into the district energy concept — utilities which alter how Canadians heat and cool buildings to reduce emissions footprints?
Brivia Group to build world’s tallest Passive House
Brivia Group‘s CURV, to be constructed at 1075 Nelson Street in downtown Vancouver, will be the world’s tallest Passive House-certified building at 60 storeys.
Teachers’ to invest $1B in offshore wind developments
The Ontario Teachers’ Pension Plan Board will invest up to US$1 billion over the next six to eight years in an international offshore wind development in partnership with Corio Generation, a company within Macquarie Asset Management’s Green Investment Group.
Environmental assessment law ruled ‘unconstitutional’
Alberta’s top court says Ottawa’s environmental assessment law is unconstitutional, arguing it undermines Canada’s division of powers and could effectively place provinces in an “economic chokehold” by regulating their natural resources. The court ruled 4-1 against the Impact Assessment Act.
‘Carbon bombs’ to trigger dire climate breakdown
The world’s biggest fossil fuel firms are quietly planning scores of “carbon bomb” oil and gas projects that would drive the climate past internationally agreed temperature limits with catastrophic global impacts, a Guardian investigation shows.
Scotiabank no longer a member of CAPP
• CBC
Scotiabank has chosen not to renew its long-running membership in the Canadian Association of Petroleum Producers, a move that comes at a time when financial institutions are facing growing scrutiny for their role in contributing to climate change.
Plans for stalled LNG projects in N.S. reignite
• CBC
Two proposed liquefied natural gas projects in Nova Scotia that previously stalled could be advancing. The federal government approached Pieridae Energy earlier this year to explore how its Goldboro LNG plant could help wean Europe off Russian oil and gas.
New standard launched for private equity GHG emissions
Initiative Climat International (iCI), a practitioner-led forum of private equity firms and investors, and consultancy ERM Group have developed a standard that sets out a consistent approach to GHG emissions accounting and reporting for portfolio companies and private equity funds.
Analyzing construction’s role in reducing carbon
Reusing existing building assets through increased building retrofits; reducing energy requirements in building operations through smarter building operation choices; and embracing low-carbon construction methods: These should be the top sustainability goals for construction companies, according to Eliot Jones of Trimble.
CREW Network advancing women and DEI in CRE
In CRE, COVID-19 presented challenges for women and stalled their progress in the industry. Yet it also presented opportunities to change the industry culture and remove persistent workplace barriers. The CREW Network has been on the frontline of recent efforts.
The secret life of ESG ratings
• GreenBiz
What exactly are ESG ratings? Who creates them and on what basis? What do they mean? How are they used? An ESG expert does a deep dive in this report — part one in a three-part series.
Opportunity to address droughts is vanishing
• Canadian Underwriter • The Conversation
Drylands are warming twice as fast as humid areas; we need to see better strategies to respond to wildfire, water scarcity and conflict, land degradation and desertification, if we are to reduce the loss of livelihoods and life from drought.
Proximity to wildfires may increase risk of certain cancer
• CTV News
A study from Montreal’s McGill University, published in the journal The Lancet Planetary Health, shows those living within 50 kilometres of wildfires over a 10-year period had a 4.9 per cent greater incidence of lung cancer.
An ‘unsuitable’ climate threatens Mi’kmaw community
• CBC
According to the Gespe’gewaq Mi’gmaq Resource Council, the sea level is forecast to rise by one metre by 2100, a dire risk for a community where many homes and community facilities are only 3.3 to 5.6 metres above sea level.
Northern premiers call for investment on climate change
Northern premiers issued a joint statement on calling for federal investment and attention to address the increased pace of climate change in Canada’s North. Areas targeted include climate-resilient infrastructure, emergency preparedness, preservation of cultural identity, capacity building, and more.
Canadian public transit authorities switching to electric
Municipal transit agencies in Toronto, Ottawa, Regina and Saint John are the latest jurisdictions to switch to fully electric bus fleets. While the climate crisis is spurring investments, the growing cost of owning diesel buses is also prompting the switch.
Revel aims to charge up NYC’s EV infrastructure
• GreenBiz
Revel, a Brooklyn-based electric mobility company founded in 2018, is solving New York City’s electrification conundrum. Best known for its sky-blue rental mopeds, CEO Frank Reig discussed his company’s new EV charging “superhub” in Brooklyn that features 25 EV chargers.
Liberty Mutual’s approach to ESG investing
• GreenBiz
Like pension funds, investors from insurance are equipped to support the sustainability agenda and mandates that align with ESG investing. Vlad Barbala, chief investment officer at Liberty Mutual, manager of $41.5 billion in annual premiums, spoke about the insurer’s approach.
Pachama funding makes statement on carbon offset verification
• GreenBiz
Pachama, a San Francisco-based technology company is using data from sensors, satellites and other collection resources coupled with artificial intelligence to measure carbon sequestered by forests. The company has received backing from well-known celebrities and investors.
Industry Events
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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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