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Cummins to supply 90MW electrolyzer for Varennes Carbon refinery

1 year ago

Cummins to supply 90MW electrolyzer for VCR

Varennes Carbon Recycling (VCR) has selected Cummins Inc. to supply a 90-megawatt electrolyzer for its planned Quebec facility, which is expected to produce nearly 125 million litres of biofuels per year from non-recyclable waste and residual biomass.

These are Canada’s electric vehicle hot spots

According to Statistics Canada registration data for new zero-emission vehicles (ZEVs), British Columbia and Quebec make up all of the ten census metropolitan areas with the highest ZEV adoption rates, with Squamish, B.C. topping the chart.

Most Canadian EV owners would buy another: CAA

Most Canadians who own electric vehicles (EVs) would buy another, and many of the concerns they had before they bought one declined considerably after they did, according to a survey from the Canadian Automobile Association (CAA).

Ontario government invests $6M in junior miners

Ontario allocated an additional $6 million to support junior miners in this year’s budget, as Premier Doug Ford looks to meet the rising demand for critical minerals such as nickel and lithium that power EVs.

St. Lawrence Seaway shippers eye EV materials

Shippers who ply the St. Lawrence Seaway view critical minerals for EV batteries as key to their future — but it could be a while before the floodgates open on Canada’s largely untapped reserves due to competing resource transportation.

Ford says EV unit losing billions

Ford Motor Co.'s EV business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology.

Alberta Ecotrust installs carbon capture at non-profits

An assisted-living facility in central Edmonton is the first of four non-profit buildings across the province to be fitted with carbon-capture technology by the Alberta Ecotrust Foundation that aims to both reduce energy costs and decrease emissions.

Alberta premier pitches more gas-fired power plants

Premier Danielle Smith said renewable energy is unreliable and that Alberta should build additional gas-fired power plants for a more predictable source of electricity. The emissions from natural gas plants can be captured and sequestered, she said.

Record Alta. earthquake caused by oilsands: study

The largest recorded earthquake in Alberta’s history was not a natural event, but most likely caused by disposal of oilsands wastewater, new research has concluded. The study opposes the Alberta Energy Regulator's own initial findings which indicated natural causes. 

Climate change is destabilizing the insurance industry

The president of Aon PLC, one of the world’s largest insurance brokers, warned that climate change is destabilizing the insurance industry, driving up prices and pushing insurers out of high-risk markets. Climate risk, he said, threatens the insurance industry.

Chubb distances itself from oil and gas projects

Global insurer Chubb has committed to battling climate change by refusing to provide insurance coverage for oil and gas projects in government-protected conservation areas in the World Database on Protected Areas prohibiting sustainable use.

Canadian pension funds start the green transition

Corporate Knights and the Smart Prosperity Institute new annual report on pension managers’ support for the green transition found that commitment is growing, but still nowhere near the pace required to meet global net-zero-carbon targets.

How new business models boost momentum on CCUS

2022 was a strong year for carbon capture, utilization and storage (CCUS), signalling an increasing confidence in the industry. CCUS-specific policy incentives in the U.S., Canada, and the U.K. such as strengthened climate pledges and rising carbon prices helped.

Microsoft inks another carbon capture deal

Microsoft, an early backer of emerging technologies that take carbon dioxide emissions out of the atmosphere, has agreed to purchase carbon removal credits from Los Angeles-based startup CarbonCapture. Microsoft has a goal of becoming “carbon negative” by 2030.

Carbon capture could use more energy than all homes

Technology that sucks carbon emissions out of the air would need more energy than used to run the world’s homes if it’s to play a significant role in reaching global climate goals, according to oil major Shell.

CSPA urges action against high-carbon steel imports

The Canadian Steel Producers Association (CSPA) called on the federal government to safeguard domestic jobs and protect the competitiveness of the domestic greener steel industry because it is losing market share at an unprecedented rate to high-carbon offshore steel imports.

Revamping green leases is critical for decarbonization

As real estate occupiers face increased pressure to lower their carbon footprint, and investors are greening their portfolios, green leases can benefit both landlords and tenants while also serving to decarbonize real estate, according to a report from JLL.

EU takes its greenwashing fight from milk to airlines

The European Commission proposed rules to tackle misleading environmental claims on everyday goods ranging from a carton of milk to T-shirts and airline travel. Companies will need to back up with science any labeling such as “climate neutral” or “biodegradable.” 

South Korea cuts 2030 industry emissions targets

South Korea revised down its 2030 targets for reducing greenhouse gas emissions in the industrial sector on Tuesday but maintained its national goal of cutting emissions by 40 per cent of 2018 levels in what it called a reasonable adjustment.

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