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Canada's public pension funds graded poorly on climate, despite progress

1 year ago

Public pension funds graded poorly on climate

A report from charity Shift Action found Canada’s largest public pension managers representing almost $2 trillion in assets have significant room to improve on their climate efforts, despite incremental progress.

Nano One, Umicore develop next-gen CAM product

By harnessing both companies’ IP, Burnaby, B.C.-based Nano One and Umicore are looking to reduce costs, energy consumption and by-products of battery cathode active material (CAM).

Irving Oil refinery to use RNG made from food waste

Irving Oil says it has teamed up with a renewable energy producer Anaergia to supply its Saint John, N.B., refinery with carbon-negative renewable natural gas (RNG) to supply Irving with natural gas made using food waste and other organic matter.

B.C. to announce energy deal with Indigenous groups

Natural gas producers applauded a landmark settlement between the B.C. government and the Blueberry River First Nations that will give the Indigenous group significantly more sway over projects in the province’s resource-rich Montney region.

First Nation can veto proposed B.C. coal mine

A coal company and a First Nation in British Columbia have struck a rare deal to give the community the power to veto a proposed mining project, which could set a precedent for how natural resources projects are developed in Canada.

Ontario greenwashes with emission credits: CCI

Ontario’s “misleading and illegitimate” system of clean energy credits is “little more than greenwashing” and “should not move forward,” a team of three researchers writes for the Canadian Climate Institute (CCI).

Why we can't stop talking about greenwashing

If we don’t know what greenwashing is, how can we avoid it or fight it?

Alberta Innovates on the future of energy in Canada

Alberta Innovates' executive director Bryan Helfenbaum says cleantech can help maintain prosperity while driving toward a net-zero economy.

The corporate hunger for climate tech

When it comes to venture capital for climate tech entrepreneurs, big corporations are among the most active funders. But finding scale isn’t just about money.

3 standout companies at CES 2023

Insights about CES 2023 participants Candela, Zoox and VinFast.

"Gravity batteries" as a renewables solution

“Gravity batteries” in disused mineshafts could store enough energy to meet the entire world’s electricity demand for a day, researchers estimate, potentially helping solve the growing problem of where to bank ever-increasing renewable supplies.

NASA awards greener, fuel-efficient airliner

NASA announced Wednesday it has issued an award to The Boeing Company for the agency’s Sustainable Flight Demonstrator project, which seeks to inform a potential new generation of green single-aisle airliners.

Aviation leaders wonder who will pay for green fuel

Greener fuel is the only way airlines will meet strict global carbon emission targets, executives meeting in Dublin this week agreed, but there's little consensus on who should foot the hefty bill to ramp up production.

UN chief urges credible net-zero pledges at Davos

UN Secretary-General Antonio Guterres on Wednesday called on business leaders gathered at the World Economic Forum in Davos to follow the principles outlined by an expert group to make “credible”, accountable net-zero pledges.

Lessons from the world’s biggest carbon market

China’s carbon market — the world’s largest — is slowing its expansion, grappling with multiple roadblocks.

VCMs set to quintuple by 2030: Shell

Voluntary carbon markets (VCMs) are set to become at least five times bigger by 2030, transacting volumes comparable to annual emissions by the global aviation industry in 2019, energy major Shell said in a report on Thursday.

Europe turns to heat pumps

With soaring gas prices and the EU’s push to cut emissions, European industries are increasingly switching to high-temperature, high-efficiency heat pumps. Combined with the boom in residential use, the EU is now hoping for a heat pump revolution.

The wind industry's success is its greatest enemy

The head of one of the world’s biggest developers of renewable energy, Denmark’s Orsted A/S, worries that the energy transition could see a slowdown as rising competition and interest rates squeeze returns and upend the case for investment.

Six reasons 2023 could be good for climate action

Focusing on the success of global talks is no longer the only game in town. To see real progress, look to countries like China, Germany and the United States, who are moving faster to invest in clean energy technologies.

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