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Lion Electric posts record revenue in Q2 results
Lion Electric posts record revenue in Q2 results
Electric bus and truck manufacturer The Lion Electric Company (LEV-T) reports record revenues of approximately $78.1 million in its Q2 2023 financial report, up from $39.7 million in the same period last year.
Telus taps into IoT for energy efficient buildings
Telus Corporation (T-T) is drawing from its background in 5G, access control, security and Internet of Things (IoT) to develop a Smart Building solution that can reduce greenhouse gas emissions and costs with energy efficiency.
Two schools are P.E.I.'s first to get net-zero upgrades
Two schools in P.E.I., Cardigan Consolidated and Sherwood Elementary, are the first in the province to receive net-zero upgrades including solar and geothermal. Releases say Sherwood will be "net-zero ready", while Cardigan will become P.E.I.’s first net-zero retrofitted school.
Renewable companies seek clarity on Alta. standstill
Companies developing renewable energy projects in Alberta are pleading for transparency as Premier Danielle Smith insists only by putting the sector on ice can the province review policies around end-of-life reclamation when it comes to wind and solar farms.
DevvStream inks multi-year carbon credit deal
Vancouver's DevvStream Holdings Inc. (DSTRF), a technology-based ESG company, has secured a multi-year carbon credit purchase agreement with a Canadian subsidiary of a major investor-owned energy company. The buyer has committed to purchase 250,000 carbon credits.
Boralex shares jump 6% after reporting Q2 earnings
Shares in Boralex (BLX-T) rose over six per cent Monday after the renewable power producer reported its Q2 profit rose compared with a year ago. Shares closed up $1.84, or 6.15 per cent, to $31.78 on the TSX.
More cities offering loans to cover green upgrade costs
Programs have been popping up across Canada and the U.S. to help tackle some of the barriers stopping people from making green upgrades to their homes, from swapping gas and oil for heat pumps to adding insulation or solar panels.
Youths score victory in historic climate trial
The judge who heard the U.S.’s first constitutional climate trial earlier this year has ruled in favor of a group of young plaintiffs who had accused state officials in Montana of violating their right to a healthy environment.
How Cda. has responded to the Inflation Reduction Act
A year ago, the United States passed a 730-page piece of legislation that almost single-handedly paved the way for some of the world’s biggest manufacturing companies to change their supply-chain systems. Here's a look at how Canada has responded.
McDonald’s removes 'ESG' from some parts of its site
McDonald’s Corp. (MCD-N) quietly removed the term “ESG” from some parts of its website at a time when environmental, social and governance initiatives have been attracting criticism from some conservative policymakers in the U.S.
Amazon loses key backer of emissions reduction plan
Four years into a plan to eliminate its carbon emissions, Amazon.com Inc. (AMZN-Q) has lost a key endorsement from the Science Based Targets initiative, a United Nations-backed entity that validates net-zero plans.
BC Hydro bids to raise EV charging fees
BC Hydro wants to raise rates at public charging stations by 15 per cent from Sept. 1. Some consumers say the rate hike would reduce the incentive for others to make the switch to an electric vehicle (EV).
What the EV transition means for Cda.'s auto industry
To gauge what the EV transition means for them, The Globe and Mail interviewed leaders from a dozen domestic auto parts companies – which number hundreds in total – during site visits from the GTA to the Windsor-Detroit border.
Victoria adds $1.7M electric fire engine to its fleet
The City of Victoria is welcoming its first electric fire engine by the end of the year. The Rosenbauer Revolutionary Technology fire engine has a range of 100 kilometres and has an onboard diesel range extender.
More affordable EVs deliver a win for owners’ wallets
While the upfront costs of purchasing an electric car remain higher than your average gasoline or diesel vehicle — though likely not for much longer — the financial benefits of ownership begin to accrue almost as soon as you switch it on.
Nikola initiates voluntary recall over battery concerns
Heavy-duty battery-electric vehicle (BEV) manufacturer Nikola Corp. has issued a voluntary recall for about 209 Class 8 Tre BEVs as a safety measure. Nikola has paused new BEV sales and is coordinating with the U.S. National Highway Traffic Safety Administration.
Indonesia seeks to win EV race with 0% export duty
Indonesia's cabinet has agreed to offer zero per cent export duty and value-added tax exemption to electric carmakers that would set up onshore, according to people familiar with the matter. It's unclear for how long the incentives would be offered.
Carbon-sucking tech poised to reap billions in U.S. funding
The U.S. is backing technology that sucks carbon dioxide out of the air, and is poised to announce the first winners of a $4.72 billion fund dedicated to developing machines needed to stop the worst effects of climate change.
California rule will cut carbon from baking Cheetos
Baked bread, crispy tortilla chips, smoked sausages and roasted nuts are typically prepared in large gas-powered commercial ovens that require immense amounts of heat. Now, the movement to electrify nearly everything is coming to the Cheetos plants in California.
Industry Events
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Sustainable Finance Forum 2024
Nov 28 2024
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