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Over 700 large buildings have signed on to BC Retrofit Accelerator

6 hours ago

Over 700 large buildings sign on to BC Retrofit Accelerator

More than 700 buildings in B.C., including multifamily and commercial buildings, are getting support from the BC Retrofit Accelerator to identify and execute upgrades to reduce their carbon footprint and to make the buildings more comfortable.

Bus maker NFI hit hard by tariffs, battery recall

Winnipeg-based NFI Group (NFI-T) reported a Q3 loss of US$140.9 million, widening from a US$15-million loss in Q3 2024. Results were affected by U.S. and Canadian tariffs, and a North American battery recall impacting approximately 700 buses.

Boralex Q3 loss widens on lower power prices in France

Montreal-based Boralex Inc. (BLX-T) saw its Q3 attributable net loss double year-over-year to $27 million as the increased power output of its renewable plants could not offset a drop in prices in France that impacted revenues.

Electra issues major tender for cobalt refinery

Toronto-based Electra Battery Materials Corporation (ELBM-X) has issued a major mechanical, piping, electrical and instrumentation tender package as part of its cobalt sulphate refinery construction works in Temiskaming Shores, Ont.

Next Hydrogen to support tech scale-up with share sale

Mississauga-based electrolyzer maker Next Hydrogen Solutions Inc. (NXH-X) said its board of directors has green-lit plans for a common stock offering targeting up to $30 million in gross proceeds. 

Vancouver company capturing clean energy from manure

Vancouver-based Hydron Energy Inc. is lining up customers for its proprietary INTRUPTor, a machine that takes raw byproduct gases emitted from places like landfills, sewage plants and farms and upgrades them into renewable natural gas.

Energy Plug proposes name, ticker change

Vancouver-based Energy Plug Technologies Corp. (PLUG-CN) intends to change its name to Aegis Critical Energy Defence Corp. The company says the new name more accurately reflects its evolution into a provider of energy systems serving defence, industrial, grid and government markets.

Carbon Streaming sees positive cash flow in Q3

Vancouver-based carbon credit company Carbon Streaming Corp. (NETZ-NE) reported a net income of $645,000 for Q3, compared to a loss of $13.6 million in Q3 2024. It ended the quarter with $37.6 million in cash and no corporate debt.

‘A lot of uncertainty’ about Canada’s new climate strategy

Canada’s new Climate Competitiveness Strategy, outlined in the federal budget, leaves more questions than answers about the country’s direction on climate-related policies, according to Caroline Brouillette, executive director of Climate Action Network Canada.

Feds avoid saying when emissions cap could be scrapped

Federal Environment Minister Julie Dabrusin declined to give a specific timeline for the removal of Canada’s cap on oil and gas emissions, but said the federal government is working with urgency to meet conditions set out in last week’s budget.

Federal clean energy tax credits going mostly unused

The federal government’s tax credits for clean energy and technology have barely been used, falling more than $9 billion short of the money officials expected they would cost by the end of this year, Canada’s environment commissioner has found.

What to know about Canada's role in COP30

Federal officials say Canada will continue to play a bridge-builder role to help countries reach a consensus on some of the summit’s key issues. Canada will support calls to scale up climate finance and keep global warming targets within reach.

Gates donates $1.4B to help farmers adapt to climate change

The Gates Foundation will commit US$1.4 billion over four years to expand access to innovations that help farmers across sub-Saharan Africa and South Asia become more resilient, the foundation said in a statement ahead of COP30 climate talks.

Unilever sustainability chief Rebecca Marmot steps down

Rebecca Marmot, part of Unilever’s sustainability strategy for almost 20 years and its chief sustainability officer since May 2019, is leaving the company for an undisclosed new role. Her replacement is Michael Stewart, a long-time communications strategist.

EU climate ministers OK 2040 target of 90% emissions cut

EU environment ministers have agreed to reduce greenhouse gas emissions by 90 per cent by 2040, compared to 1990 levels. Member states will be allowed to meet up to five per cent of their obligations through carbon credit purchases.

Religious leaders say we need faith in the climate fight

In the decade since the late Pope Francis’s encyclical on climate action, other religions — including Hinduism, Judaism and Islam  — have made their own climate declarations, drawing on the teachings of their sacred texts to connect environmental actions to moral obligations.

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