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OPTrust sets target for 30% greenhouse gas reduction by 2030

4 months ago

OPTrust sets target for 30% GHG reduction by 2030

Toronto-based pension fund OPTrust has announced an interim target of a 30 per cent cut to its greenhouse gas (GHG) emissions by 2030, following up on its 2050 net-zero target. The new target was announced in its climate strategy update.

EverGen completes Fraser Valley biogas expansion

Vancouver-based independent renewable energy producer EverGen Infrastructure Corp. (EVGN-X) has completed the Fraser Valley Biogas expansion and the delivery of first gas injection. Fraser Valley Biogas is now poised to enter a ramp-up phase to reach its full design capacity.

Exro provides year-end operational update

Exro Technologies Inc. (EXRO-T), a Calgary-based cleantech company that develops power-control electronics for electric motors and batteries, has provided an operational update in a 2023 year-end letter to shareholders. Highlights include updates on its Cell Driver and Coil Driver systems.

Heidelberg's Cdn. plants get ENERGY STAR certification

Heidelberg Materials North America's cement plants in Edmonton and Delta, B.C., have earned Natural Resources Canada’s ENERGY STAR for Industry Certification, signifying the facilities perform in the top quartile of similar facilities in Canada and the U.S. for energy efficiency.

Who will build Canada's electric vehicle charging ports?

As part of the federal government's net-zero targets for the future, it is aiming for all new light-duty car and passenger truck sales to be zero emission by 2035, which will require a nationwide network of public charging ports.

The Liberal EV mandate is no moonshot

OPINION: The Electric Vehicle Availability Standard is a zero-emissions vehicle sales mandate by another name. And no, Prime Minister Justin Trudeau is not forcing everyone to buy an electric vehicle (EV), nor is the government banning gas-burning cars by 2035.

More U.S. auto buyers are turning to hybrids

With EV sales falling short of the auto industry's timetable to transition from combustion engines, there's a quarter-century-old technology whose popularity has been surging: the gas-electric hybrid, which alternates from gas to battery power to maximize efficiency.

Biden gives Americans a financial incentive to not buy a Tesla

Starting in 2024, the U.S. government will enforce updated federal tax credit guidelines for EVs, a move that has sparked backlash and speculation about the Biden administration's motives, as the change affects one of Tesla's (TSLA-Q) most popular models.

Taiga makes further inroads to Sweden

Canadian electric powersport vehicle maker Taiga Motors Corporation (TAIG-T), is increasing its presence at Swedish ski resorts. Taiga will provide its Nomad snowmobile at an increasing number of resorts such as Idre Fjäll, BranäsGruppen and Hemavan Alpint.

ICBC scraps 2022 EV after owners faced with $60K bill

Damage to an EV's battery voided the vehicle's warranty and the quoted $60,000 replacement was more than a new car was worth, so the Insurance Corporation of British Columbia (ICBC) wrote off and scrapped the nearly new automobile.

Ontario's welcome about-face on renewable energy

EDITORIAL: Ontario Premier Doug Ford appears to have experienced a come-to-green-power moment. The province put out the call for 2,000 megawatts – about five per cent of all generation in the province – of non-emitting power generation, including wind, solar and bioenergy.

Alberta premier calls federal EV decree 'bananas'

In a year-end interview, Danielle Smith called the federal government's proposed EV rules unworkable and unconstitutional. Starting in 2035, the federal plan decrees that 100 per cent of vehicles sold in Canada will have to be net-zero emission.

Eavor CEO wins INSEAD sustainability award

John Redfern, the co-founder, president and CEO of Eavor Technologies Inc., a Calgary-based geothermal technology energy company, has been awarded the inaugural INSEAD Business Sustainability Award at the INSEAD Americas Conference of 2023. 

Canada's top 10 weather stories of 2023

Every year, Environment and Climate Change Canada ranks the top 10 Canadian weather stories. Senior climatologist David Phillips compiles the list and this year, there was no doubt about what would take the number one position: the record-setting wildfires.

2024 will put COP28’s goals to the test

Climate trade wars, slowing clean energy investments and the question of who wins the U.S. presidential election loom over 2024. Next year will be a turning point for the ambitions of COP28, either speeding up or missing a crucial opportunity.

Transport Canada, RAC join forces to reduce emissions

The federal government and the Railway Association of Canada (RAC) have announced a plan to work together to: advance low-carbon fuel use; move more goods and people by rail; and accelerate the development of advanced net-zero solutions for locomotives.

YWCA Toronto launches sustainability publications

YWCA Toronto has launched two publications from Phase 3 of a national research initiative, the YWCA Building Sustainable Futures Compendium and Toolkit. The unveiling wrapped up a five-year project, designed for women and gender diverse people.

Central banks failing to integrate environmental risk: WWF

Central banks and financial supervisors are making some progress in "greening" their activities, but are still largely failing to integrate climate and environmental risks into their decision-making, according to the WWF's Sustainable Financial Regulation and Central Bank Activities Tracker.

U.S. offshore wind industry poised for success next year

After slow progress in 2023, the U.S. offshore wind industry is eyeing a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in writeoffs. 

IEA working to cut renewable energy costs in developing world

The International Energy Agency (IEA) will work to ensure the World Bank, regional development banks and others prioritize the cost of investing in clean energy in developing countries following the COP28 summit last week, its executive director said.

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