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Enbridge, Divert ink $1B deal to turn food waste into RNG

1 year ago

Enbridge, Divert ink $1B food-waste-to-RNG deal

Enbridge Inc. has entered into a US$1-billion infrastructure development agreement with Divert Inc., which will support renewable natural gas (RNG) facilities across North America that turn food waste into clean fuel.

Genecis nets Amazon climate fund investment

Genecis Bioindustries, a Toronto-based company that transforms food waste into bioplastics, is the first company in its sector to receive an investment from Amazon’s Climate Pledge Fund, as well as the first female-led company.

Co-operators targets green records with new HQ

The Co-operators Group has earned the Zero-Carbon Building – Design standard from the CAGBC for its new headquarters under construction in Guelph, Ont. It is the first step in what Co-operators hopes will be record for green building certifications.

CPP Investments to acquire 49% stake in Aera Energy

Canada Pension Plan Investment Board (CPP Investments) has agreed to purchase a 49 per cent stake in U.S.-based oil and gas producer Aera Energy from asset manager IKAV to support Aera's interest in renewables and carbon capture.

OYA secures US$215M financing for N.Y. solar projects

OYA Renewables announced that it had secured US$216M in financial backing for the construction of a slate of 15 community solar development projects throughout New York State, which make up part of its 2023 pipeline.

N.S. hydrogen plant could 'cannibalize' renewables

Nova Scotia has approved plans for what could be North America’s first commercial-scale green hydrogen facility, amid lingering concerns that powering the plant could cannibalize renewable energy that’s vital to meeting the province’s climate goals.

N.L.'s wind-powered hydrogen future takes shape

Newfoundland's powerful gusts that stunt tree growth along the coast are the province's unlikely natural resource – one officials at the port and the province are betting on to help diversify and bolster the local economy through hydrogen energy.

Oil and gas lobbying against net-zero targets: report

The Canadian oil and gas industry is engaging in greenwashing by endorsing a 2050 net-zero target while actively lobbying against measures that would achieve that climate goal, international non-profit InfluenceMap says in a report.

Who is paying for Canada's carbon capture craze?

Environmental Defence’s Julia Levin tests the promise of carbon capture technology and question why taxpayers — and not industry — might be paying for it. Levin argues for carbon capture's inefficiency compared to supporting renewable energy production to decarbonize Canada.

Canadian gov't sets new green procurement rules

The federal government’s major suppliers will be required to disclose greenhouse gas emissions, set reduction targets and make use of low-carbon concrete, according to new policies announced by the Liberal government.

New green investment rules could unlock billions

A new Canadian rule book setting out what can qualify as green investments chould remove some uncertainty in the market and help fill a $115-billion-per-year shortfall in spending needed for the country to meet its 2050 net-zero goal.

Oakville Transit unveils first battery electric buses

Oakville Transit has announced that it has unveiled its first-ever zero-emission battery electric buses which will replace existing diesel-fuelled buses, as the town continues to implement environmentally friendly and sustainable initiatives to reduce its carbon footprint.

B.C. complex gets EV chargers from buyer demand

A new multi-unit residential development owned by real estate developer Cressey Development Group in East Vancouver is getting 110 Level 2 electric vehicle charging stations from Hypercharge after would-be buyers responded overwhelmingly to the choice of the optional upgrade.

The future for Canada's decarbonizing economy

In the Financial Post's Down to Business podcast, Dave Sawyer, principal economist at the Canadian Climate Institute, said this country is reaching an inflection point in which carbon emissions and economic growth are decoupling.

Fervo Energy harnesses Earth’s heat to capture CO2

Fervo Energy has spent the last six years developing new ways to drill deep below the Earth’s surface and tap into the heat for energy. Now, the Houston-based startup is turning its attention to powering direct air capture with geothermal.

EU exceeds 2030 renewables target

The European Union (EU) is on track to exceed its 2030 target for clean energy technologies, as the deployment of solar and heat pumps soared last year due to Russia's war in Ukraine, a new report has found.

Australia could be locked out of clean energy race

Australia’s ambition to lead the world as a renewable energy superpower is at risk following dramatic increases in ambition and levels of policy support for clean energy from other major economies, according to Clean Energy Council chief executive Kane Thornton.

Who will pay for COP27's loss and damage deal?

Loss and damage costs related to climate change could total more than $1 trillion by 2050. Where will the money come from, and who will get it?

Time to consider sun-reflecting geoengineering: UN

Global efforts to respond to climate change are so far insufficient, making it time to begin studying technologies to reflect sunlight away from the Earth to cool it down temporarily, said a new report from the United Nations.

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