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Decarbonizing buildings boosts long-term valuation: Fonds FTQ

2 months ago

Decarbonizing buildings boosts long-term valuation: Fonds

Taking early steps to decarbonize can boost the value of a residential building by 30 per cent after 10 years, a report issued by a consortium of analysts for Fonds FTQ has found.

Compass Greenfield expands into renewables development

Jonathan Cheszes sees great opportunity in the renewable energy development business. It's a sector he'll now be immersed in as the president of Toronto-based Compass Greenfield Development. The subsidiary was formed out of Compass Renewable Energy Consulting Inc.

Fortescue unplugs from Prince George hydrogen plan

Australian energy giant Fortescue Ltd. has cancelled plans for a hydrogen generating plant in Prince George, B.C. The company said it has put the project on hold "until we are able to secure more favourable power pricing and availability".

DevvStream to take 50% stake in carbon sequestration facility

Vancouver-based DevvStream has signed a memorandum of understanding to take a 50 per cent equity stake in Monroe Sequestration Partners (MSP). MSP's facility in Louisiana is capable of storing approximately 260 million tonnes of CO2 (carbon dioxide).

Alberta proposing more restrictions on wind, solar energy

The Alberta government is proposing additional restrictions on wind and solar farms that it says are designed with environmental protection in mind. But conservationists think the new plan is more about limiting renewable energy than protecting the environment.

Canada can’t afford housing that isn’t green

Advancing housing supply to achieve affordability is a monumental challenge that requires high-quality, low-carbon buildings. The Canada Green Building Council’s President and CEO argues there are potential pitfalls if the sector doesn’t prioritize highly efficient, zero-carbon performance buildings now.

Sponsored by: Canada Green Building Council

The quest to harness the world's most powerful tides

Capturing the energy of the famous waters off Canada's East Coast could light up all of Nova Scotia and beyond, but every effort to tap the Bay of Fundy — and there have been many — has met an unhappy end.

Carmakers take aim at B.C.'s EV mandate

A survey of industry groups found widespread opposition to B.C.'s plan to replace fossil fuel-powered vehicles with electric vehicles (EVs). But observers say the survey was crafted to heighten public discontent, rather than reflect the reality on the ground.

Enwin Utilities adds a dozen EVs, hybrids to its fleet

Enwin Utilities in Windsor is decarbonizing its fleet by adopting a dozen new electric and plug-in hybrid vehicles. Together, the vehicles represent 10 per cent of the utility’s fleet that is now fully or partially powered by electricity.

Shift to EV-only future would spell job losses: Toyota chair

A shift to an EV-only future would lead to job losses among those who have been working on engine-related technologies, including many suppliers in the sector, Toyota Motor's chairman said on Thursday.

EU, China face hurdles in clinching EV deal before tariffs start

Trade negotiations between the European Union (EU) and China have been plagued by major disagreements, with planned tariffs on Chinese-made EVs likely to kick in at the end of the month.

Renault, Stellantis see EV sales bouncing back

Demand for EVs is showing signs of recovering as prices for plug-in models are coming down, according to Stellantis and Renault. “We may be getting close to a tipping point," Thierry Koskas, who heads Stellantis’ Citroën brand, said.

Program pushes Vancouver Island construction waste trading

Light House is a Vancouver-based non-profit organization focused on increasing sustainable practices in the construction sector. The Building Material Exchange program is the latest of their efforts to cut down on waste. 

‘We want clean water back’: B.C. town fights hydro plant

Undrinkable water, thick red slime and a powerful utility operator. For residents of Hudson's Hope, B.C., the last three years have been nothing short of a nightmare after losing access to a clean source of water.

The cost of living with climate change is rising year to year

OPINION: Hot on the heels of Hurricanes Debby and Helene, Hurricane Milton shattered a Florida still reeling from its earlier disasters. The total cost of these storms could approach a tenth of the state’s economic output.

Bankers are at a loss when it comes to biodiversity

In private conversations, financiers from some of the biggest banks in Europe and the U.S. (as well as a major Canadian lender) told Bloomberg Green they’re at a loss about what to do with — or make money from — biodiversity.

World's first biodegradable plastic produced from CO2 emissions

Fortum Recycling & Waste has produced biodegradable plastic from CO2 emissions from waste incineration at its plant in Riihimäki, Finland. The company says production of CO2-based plastic provides a new, sustainable raw material for the plastics industry.

At the heart of America’s clean-energy jobs boom, an uneasy calm

At the epicentre of the U.S.’s clean energy revolution, few people are eager to talk about whether the historically ambitious industrial strategy behind it will survive next month’s presidential election.

6 strategies for achieving circularity in the built environment

The built environment is a complex system that interacts with natural ecosystems and influences other sectors such as mobility, energy and manufacturing. This interconnectedness means that changes in the built environment can have far-reaching impacts on society and the economy.

Halloween costume swaps aim to reduce textile waste

Events promoting costume swapping, recycling or mending are popping up in communities across Canada, and one expert says they're sorely needed to counter the overconsumption and waste that Halloween triggers every year.

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