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Recent Articles

Equitable Bank quantifies Scope 3 GHG emissions

2 years ago

BIZ   •   • 

Equitable Bank says it has become the first Schedule I Canadian bank to quantify its entire Scope 3 greenhouse gas (GHG) emissions portfolio, reflecting its commitments to sustainability and transparency.

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Quebec’s hydro dams have long provided its resident’s cheap electricity and bragging rights in the race to reduce global carbon emissions, with Premier François Legault suggesting just 2½ years ago the province could become the “green battery of North America.”

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With Ontario facing a major electricity capacity gap over the next five years, battery storage will play a role ensuring a stable power grid. There’s nothing mysterious about the private financing arrangements that will get storage suppliers an in.

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The PMO’s 39-point mandate includes a fossil fuel emission cap, a 75 per cent methane reduction this decade, a net-zero electricity grid by 2035 and a 50 per cent target for electric vehicle sales by 2030.

Sustainable Biz Canada

BIZ   •   • 

The Canadian government has published its draft regulations to prohibit certain single-use plastics and is inviting public comment. The ban will include checkout bags, cutlery, food-service ware made from or containing problematic plastics, ring carriers, stir sticks and straws.

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There is a lot going on in this Audi electric vehicle charging hub that opened in 2021 in Nuremberg, Germany. At ground level, it provides six quick-charging stations built into containers and it is full of 2.45 megawatt-hours of “second life” batteries.

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In Orlando, you may notice a 22-acre solar power array resembling Mickey Mouse’s head in a field just west of Disney World. Nearby, Disney also has a 270-acre solar farm of conventional design on former orchard and forest land.

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Amazon.com Inc. (AMZN-Q) and Stellantis NV (STLA-N) said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards and deploy electric vans made by Stellantis on Amazon’s delivery network.

Social Purpose Real Estate Financing

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Tesla Energy, the company’s clean energy subsidiary, makes photovoltaic solar panels and battery energy storage systems for residential, commercial and industrial customers yet from the very start it has been mired in controversies, from solar panel fires to angry customers.

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We can expect a smattering of consumer-catered introductions this week pegged to the annual Consumer Electronics Show in Las Vegas. One of the notable launches is a new solar shingle line from GAF Energy, the world’s largest roofing material company.

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A perennial climate change question, one that tends to pop up around January 1, is whether this year will be the tipping point, when markets, politics, public opinion and technology finally coalesce into a concerted, determined response to the climate crisis.

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New Zealand-born accounting software company Xero was one of three software companies to sign The Climate Pledge, the campaign organized by Amazon and Global Optimism that requires pledgers to commit to achieving net-zero carbon emissions by 2040.

Yardi Pulse

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In 2021 the world of ESG and sustainable finance saw some truly eye-popping numbers such as $130 trillion via the Global Financial Alliance for Net Zero committed to using science-based guidelines to achieve net-zero emissions by 2050 and $35 trillion invested in ESG strategies.

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From net-zero emissions promises to regulatory changes that will make climate-related disclosures mandatory for companies, the stage is set for key ESG milestones. In 2022, new measures will clarify how the financial world is living up to its grand green pronouncements.

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The re-elected Projet Montréal administration is once again promising to take action “in the near future” to reduce air pollution spewing from businesses that cook over wood fires. The city announced public consultations on a proposed bylaw for January.

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After the wind chill dropped temperatures to feel like -20 in Vancouver and with no end in sight to cold weather, housing advocates are calling on private owners and the province to fix single-room occupancy hotels currently housing thousands of residents.

Energy Profiles

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According to a review by the SUN DAY Campaign of data recently released by the FERC and the US EIA, solar, wind and other renewable energy sources are now adding more than 2,250 megawatts (MW) of new generating capacity each month.

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Beset by layoffs, Canada’s energy and mining workers have been bucking tradition and seeking opportunities in other sectors — quite successfully by all accounts according to the multi-stakeholder Energy to Digital Growth Education and Upskilling Project Calgary Economic Development.

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Its fashionable to claim personal actions and changes that reduce demand for carbon dioxide-producing products and services are a distraction. Instead, they say we should be dealing with government regulation and the supply side—the corporations that make fossil fuels.

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Consumers in Southeast Asia’s largest economies are increasingly likely to switch to green products over fears that climate change will impact the lives of young people, according to a study by United Overseas Bank.

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Silicon Ranch Corp, the U.S. solar project developer backed by Royal Dutch Shell, on Thursday said it raised $775-million in equity capital from new and existing investors.

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