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

Clear the runway: Electro Carbon begins deliveries of low-carbon de-icing fluid

1 week ago

Electro Carbon begins deliveries of low-carbon de-icing fluid

Electro Carbon, based in Quebec, has begun deliveries of the world's first low-carbon de-icing fluid to Montreal's Trudeau International and Mirabel airports, as well as to all other major airports in the province. 

Kia picks Canada as exclusive North American market for EV5

Kia is demonstrating its belief in the Canadian electric vehicle (EV) market by offering its EV5 in Canada as a North American exclusive, foregoing the larger U.S. market. The company is coming off a strong sales year for EVs in Canada.

PyroGenesis expects $15M revenue for FY 2024

PyroGenesis Inc. (PYR-T) anticipates generating $15 million in revenue for financial year 2024, its best result since 2022. Q4 2024 revenue of approximately $4 million is also expected, its highest quarterly revenue since Q3 2022.

IMCO writes down $400M investment in Northvolt

Investment Management Corp. of Ontario (IMCO) has written down its US$400-million investment in Northvolt AB, the EV battery maker that filed for bankruptcy protection last year, according to people familiar with the matter.

Brookfield hunts for green bargains after Trump sell-off

Brookfield Asset Management Inc. (BAM-T), one of the world’s largest owners of renewable power, is hunting for bargains in the solar and wind sector, in a bet that investor panic over U.S. President Donald Trump‘s anti-green agenda has been overdone.

CGF commits up to $50M to Longbow Energy Transition Fund

The Canada Growth Fund (CGF), the federal government’s clean energy investment fund, will commit up to $50 million to Calgary-based private equity firm Longbow Capital for its second Energy Transition Fund. 

Universal Kraft gets $15M to advance Cdn. solar portfolio

Finnish renewables investor Korkia and clean energy provider Universal Kraft have obtained a US$15-million initial credit facility to bring their 1.7-gigawatt portfolio of solar energy projects in Canada closer to commissioning.

Canada Nickel secures funding for carbon storage tech

Canada Nickel Company Inc. (CNC-X) has been selected to receive $3.4 million in funding from the Canadian government to support the development of its technology that traps carbon in rocks for long-term storage.

EV green gains curtailed by demand for trucks and SUVs

Our growing thirst for SUVs and trucks is curtailing the environmental gains we should be seeing from more fuel-efficient engines and growing EV sales, a recent study by the Sustainable Transportation Action Research Team at Simon Fraser University shows.

Lion's struggles no reason to hit the brakes on e-buses

COMMENTARY: While Lion Electric’s (LEV-T) challenges may raise concerns, they should not overshadow the benefits of electric school buses — nor scare off interested provinces, like New Brunswick, from investing in them.

Trump's EV detour would cost Cdns., but only if we follow him

OPINION: Canada has bet big on EVs. Until recently, America had too. But with U.S. President Donald Trump rolling back EV policies and threatening tariffs that would shock Canada’s auto sector and the broader economy, what’s Canada to do?

2024 was the best year for global EV sales by a long shot

Last year was the best year for global EV sales. According to Rho Motion, a U.K.-based EV research firm, 17.1 million EVs were sold last year, a 25 per cent increase compared to 2023. 

There isn’t enough SAF to make a dent in our emissions

Optimistic estimates suggest that fully replacing jet fuel with sustainable aviation fuel (SAF) could lead to carbon reductions of around 70 per cent. But it will be hard to produce enough SAF to make a difference on that scale.

Feds pledge $35.5M to reduce emissions at B.C. ports

Minister of Transport and Internal Trade Anita Anand has announced up to $35.5 million in funding for three projects based in British Columbia to invest in commercially available clean technology and infrastructure for ports. 

Canadian climate orgs call for end to LNG 'carbon bomb'

As the fossil fuel industry ramps up pressure for oil and gas expansion in this uncertain moment, Canada’s largest network of climate and energy organizations is calling for an immediate moratorium on expansion of the liquefied natural gas (LNG) industry.

ESG investing is still living a quiet life in Canada

Canadian investors and corporations are sticking with the principles of environmental, social and governance (ESG) investing in the face of an intensifying backlash in the United States, but they are being far less vocal about it.

If we’re willing to cut U.S. goods, why not carbon emissions?

OPINION: U.S. President Donald Trump’s threats have spurred a wave of Canadian solidarity, with boycotts of U.S. goods and widespread support for retaliatory tariffs. It's also a reminder of how little we are willing to give up to cut carbon emissions.

U.K.’s Thames Water faces investigation over failing environmental promises

British water regulator Ofwat said it would investigate Thames Water over delays to hundreds of environmental improvements to determine whether the struggling utility had breached its obligations, which could result in fines.

Bills to reduce fashion’s impact advance in multiple U.S. states

Buoyed by celebrities and brands including Patagonia and Stella McCartney, bills requiring fashion businesses to share their emissions, water and waste impacts are gaining traction in four states: California, New York, Massachusetts and Washington.

The Arctic is turning green … and releasing carbon

The ability of the boreal Arctic region to capture carbon is taking a hit due to global warming, a study in the journal Nature Climate Change confirms. A third of the region is now emitting carbon dioxide.

Industry Events