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Canada can lead globally on carbon removal: report

5 months ago

Canada can lead globally on carbon removal: report

Canada is an ideal country to host carbon removal projects and could benefit to the tune of $143 billion in economic activity by 2050, according to a report by think tank Carbon Removal Canada (CRC).

'Misconception' green investing costs more: survey

A survey by The Co-operators Group Ltd. suggests most Canadians believe products and services from companies that embrace sustainability cost more, but few would be willing to pay an additional price to be more green.

Ont. funding hydrogen projects to power grid

Ontario is putting nearly $6M toward the use of hydrogen to power its grid. The bulk of the funding is going to Atura Power to blend hydrogen with natural gas to produce electricity at its Halton Hills Generating Station.

Next Hydrogen names new chief commercial officer

Next Hydrogen Solutions Inc. (NXH-X) has appointed Rob Campbell as chief commercial officer. Prior to joining Next Hydrogen, Campbell served as CEO of First Hydrogen Corp’s Energy division, CCO of Ballard Power, as well as vice president at Hydrogenics.

Deloitte to buy carbon credits from CarbonCure

Deloitte Canada has announced a multi-year agreement with CarbonCure Technologies for the purchase of carbon credits. CarbonCure blends CO2 with concrete ingredients, transforming it into a substance that enhances the strength of concrete while reducing the reliance on cement. 

EverGen Infrastructure reports Q3 2023 results

Vancouver-based renewable energy producer EverGen Infrastructure Corp. (EVGN-X) has reported financial results for Q3 2023. Highlights include: revenues of $2.3M, an increase of 17 per cent from $2M in Q3 2022; and a net loss of $1.1M.

Edmonton's fleet of electric buses is failing

In the summer of 2020, Don Iveson, then Edmonton's mayor, announced that electric buses were being deployed by the city's transit service. Three years later, most of the city's 60 electric buses aren't fit to be on the roads.

The B.C. neighbourhoods with the most EV owners

An analysis of insurance policies registered with Insurance Corporation of British Columbia found neighbourhoods on the North Shore, the west side of Vancouver and south Surrey had some of the highest rates of registered electric vehicles (EVs).

U.S. EV sales to hit record this year

EV sales are expected to hit a record nine per cent of all passenger vehicles in the U.S. this year. Although the numbers show significant progress for electrification, the nation is lagging behind countries like China, Germany and Norway.

THOR Industries unveils eRV charging station concept

RV manufacturer THOR Industries has unveiled a concept for EV charging stations specifically tailored for electric RVs (eRVs). The design aims to cater to all types and sizes of eRVs and EV tow vehicles, providing enhanced maneuverability and road access.

N.S. retreats on plan to fast-track wind farms

N.S. is tapping the brakes on its plan to fast-track wind farms inside bays where it has sole control of development. The decision caps months of lobbying by fisheries groups concerned that wind farms inside bays would displace fishing grounds.

B.C. groups intervene to rein in Ont. climate targets

Several B.C. groups have been granted a right to intervene in an Ontario Court of Appeal case that could determine whether governments can claw back their own climate targets without breaching the charter rights of young Canadians.  

Tax breaks for developing polluted Ottawa land return

An Ottawa program that provides grants to developers who build on contaminated land that has to be remediated is back on, sparking disappointment from Mayor Mark Sutcliffe, who campaigned on his opposition to the tax breaks.

Waste biomass generation tapped for tax credits

Systems using waste biomass to produce electricity, heat or combined heat and power (CHP) will now qualify for cleantech federal tax credits. To qualify, electricity generating or CHP systems must rely solely on specified waste biomass fuel sources.

A 'significant step' to halve food waste by 2030

The Consumer Goods Forum has created its first baseline dataset for its members' food waste, in an exercise that has been hailed a "significant step" forward for the industry's efforts to halve food waste by 2030.

Climate funds look to rebuild after 3 down years

Clean energy funds have been battered by rising interest rates and disappointing earnings. Morningstar Inc., however, says there are better times ahead. Analysts there say they have identified 10 climate funds where the long-term outlook is “bright.”

Amazon’s plan to restore 4 billion litres of water

According to Will Hewes, Amazon’s (AMZN-Q) water sustainability lead, Amazon Web Services will invest in new agricultural, irrigation and leak detection projects to improve quality, volume and access to watersheds in Australia, India, Indonesia, Spain and the U.S.

California to ban gas-powered lawn mowers

Starting in 2024, California will ban the sale of gas-powered lawn care equipment, according to a new law phasing out small, off-road engines. Opposition from certain groups, including some Republicans and gas companies, argues that these restrictions impede consumer choice.

Greek floods, fires expose Europe's climate defences

September flooding devastated the central Greek province of Thessaly, sweeping away agricultural land, roads and railways, and killing 16 people. It was the second major flood in three years to hit Thessaly, an example of worsening extreme weather in Europe.

Richest 10% behind half of global GHG emissions

In its most recent report entitled Climate Equality: A Planet for the 99 per cent, Oxfam found that in 2019, the richest 10 per cent on the planet were responsible for 50 per cent of global greenhouse gas (GHG) emissions.

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