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Have SDG goals led to lower Canadian corporate philanthropy?
Have SDG goals led to lower Cdn. corporate philanthropy?
The introduction of a UN criteria for sustainable investments has reduced spending on philanthropic commitments from some of Canada’s largest public companies, a study from the University of Waterloo suggests. The UN introduced its Sustainable Development Goals (SDGs) in 2015.
Cda.'s sustainable finance taxonomy can learn from the world
Sustainable finance taxonomies will play a crucial role in the transition to net-zero and more clarity is needed to ensure investors and the market understand the regulations, a panel organized by the Institute for Sustainable Finance concluded.
ArcTern raises $450M for third climate-focused fund
Toronto-based ArcTern Ventures has amassed $450 million for its third climate-focused fund from a roster of big-name institutions in a fundraising round it says shows strong interest in cleantech opportunities despite pressures in the sector.
BlackRock invests $500M into Recurrent Energy
Recurrent Energy, a solar power and energy storage subsidiary of Canadian Solar Inc. (CSIQ-Q), will receive a $500 million investment from BlackRock’s (BLK-N) Climate Infrastructure fund to grow as a developer that operates around the world.
EV targets not achievable without support: auto sector leader
VIDEO: Brian Kingston, chief executive of the Canadian Vehicle Manufacturers’ Association, says to meet Ottawa’s target for 100 per cent electric vehicle (EV) sales by 2035, Canada would need 17 times as many public charging stations.
Stellantis warns of 'bloodbath' from EV price cuts
Stellantis (STLA-N) boss Carlos Tavares has warned carmakers cutting EV prices too fast risked a “bloodbath” in the industry, hours after Ford (F-N) said it was reducing production of its battery-powered F-150 Lightning pick-up truck because of weaker sales.
Ottawa is putting all our eggs in an EV battery basket
OPINION: Ever since the federal government signalled an open bar for subsidies for the electric vehicle industry, the list of companies wanting to set up shop in this country in exchange for taxpayer cash just keeps growing.
Tesla price cuts, delivery plan and CEO pay in focus
Tesla’s (TSLA-Q) profitability and deliveries will be on top of investors’ minds when the world’s most valuable automaker reports results on Wednesday, days after sharp price cuts and an announcement of a production pause at the Berlin factory.
CIB, BMO try to kickstart building decarbonization
A public-private partnership between the Canada Infrastructure Bank (CIB) and BMO (BMO-T) is testing whether a unique financing approach can kickstart climate-friendly renovations to Canada’s mid-sized residential and commercial buildings – one of the trickiest corners of the economy to decarbonize.
Sweden's H2 Green Steel raises $7B in new funding
H2 Green Steel has raised $7 billion in new funding for its planned flagship plant in Boden, Sweden, which will be the world's first large-scale green steel project. Total funding for the plant amounts to $9.5 billion, the company said.
Exxon Mobil files lawsuit against investors’ climate proposal
Exxon Mobil Corp. (XOM-N) filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors, led by Arjuna Capital and shareholder activist group Follow This, from going to a vote during the company’s shareholder meeting.
Norway loses court battle with climate groups
Climate activists Greenpeace Norway and Young Friends of the Earth won a court case in Norway against the state over development plans at a handful of oil and gas fields under the sea off the Nordic country’s coast.
What's driving the quest for a clean Canadian power grid?
The federal minister of natural resources and energy has said that developing the clean grid of the future — the grid we need to support a a net-zero economy — is a "nation-building project akin to the building of the railway."
Comparing Edmonton's greenhouse gas emissions
The federal government is giving automakers until 2035 to phase out the sale of new passenger vehicles powered by gasoline or diesel. But a new study from the University of Alberta suggests that houses are the bigger polluters.
Alberta town wants changes to biodigester project
High River, Alta. has submitted an appeal regarding the Rimrock Renewables biodigester, which was approved by Alberta Environment and Protected Areas in Dec., 2023. The town said it will be directly affected due to its proximity to the project.
Alberta is discouraging EV charging in its grid alerts
Earlier this month, during one of the coldest weekends ever in Alberta, the province’s energy operator issued four grid alerts urging residents to limit their energy usage or risk rolling blackouts. Not charging EVs was one of the recommendations.
Canadians face barriers to sustainable eating habits
According to research from Sodexo Canada, nearly nine out of 10 Canadians believe adopting more sustainable behaviours is an urgent matter, however the feeling of urgency and the desire to change come up against financial considerations and entrenched eating habits.
South African city built on coal confronts its future
In the province of Mpumalanga lies Secunda, a town built on coal. The town's synthetic fuel plant enabled South Africa’s apartheid government to circumvent oil import sanctions. It has also made Secunda the world’s largest single-point emitter of greenhouse gas.
The true cost of Chinese solar panels
The Biden administration’s green industrial policy was put to the test last year. Even with the support of subsidies and tariffs, U.S. solar manufacturers struggled to compete with the flood of cheap solar panels pouring out of China.
Can oil-rich Colombia lead the green revolution?
When President Gustavo Petro took office in 2022, he made the energy transition the cornerstone of his mandate, turning heads by drawing comparisons between the world’s addictions to cocaine and oil.
Industry Events
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Canada Green Building Council: Building Lasting Change 2024
Jun 05 2024
to Jun 06 2024
Toronto
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Global Conference on Renewable Energy and Environmental Sustainability
Aug 16 2024
to Aug 18 2024
Vancouver, Canada
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