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ReThink grinding technology can cut energy use 65%

2 weeks ago

ReThink grinding technology can cut energy use 65%

New grinding technology by Toronto-based ReThink Milling Inc. can significantly improve the energy efficiency and bottom line of mining operations, a prospect that has earned it a US$1-million prize from Wheaton Precious Metals.

Moltex process turns nuclear waste into an energy source

New Brunswick-based Moltex Energy Canada has come up with a new way to remove harmful radioactivity from nuclear fuel waste and transform it into an energy source using a 24-hour chemical procedure.

dcbel secures $55M to commercialize home energy system

dcbel Inc., the Montreal-based company behind a technology that enables electric vehicles to power homes, will receive up to US$55 million in funding to support commercialization in North America and Europe.

Varennes Carbon Recycling seeking creditor protection

Varennes Carbon Recycling is seeking shelter from its creditors, unable to find the money to complete its $1.5-billion biomethanol plant. On the ground, the general contractor is demobilizing workers and dismantling equipment, La Presse has learned.

Companies bidding on Lion Electric get extension

Companies interested in buying or liquidating Quebec EV maker Lion Electric Co. (LEV-T) have been given an extension to make offers. Bids were due March 7, but that deadline has been pushed to March 14 at 5 p.m.

NFI subsidiary secures order from Durham Region Transit

NFI Group Inc. subsidiary New Flyer Industries Canada (NFI-T), has secured two firm orders from Durham Region Transit. The orders include seven Xcelsior CHARGE NG 40-foot battery-electric buses and 36 Xcelsior 40-foot clean-diesel buses.

Suspicious Tesla sales surge triggers gov't investigation

Canadian officials are investigating an unusual spike in Tesla vehicle sales that coincided with the suspension of the federal EV rebate program in January. Over a three-day period, Tesla reported 8,600 vehicle sales, resulting in $43 million in rebates.

Tesla erases $700B ‘Trump Bump’ as sales slide

Expectations that Tesla (TSLA-Q) would benefit from Elon Musk’s relationship with U.S. President Donald Trump made its stock one of the top gainers. That bet, however, has been no match for growing anxiety about Tesla’s core business.

Canada, U.S. diverge on EV roadmap

The U.S. seems to be pulling back from its electric vehicle (EV) investments and Canada is arguably the most at risk of a slow-down in EV adoption. Yet that seems to have not impacted Canada's EV roadmap.

Scotiabank promises to disclose energy finance ratio in 2026

Weeks after leaving the UN-backed Net-Zero Banking Alliance, Scotiabank (BNS-T) has promised to disclose how much it invests in high-carbon versus low-carbon energy sources, while the National Bank of Canada has reiterated its commitment to net-zero goals.

Why banks keep lowering their climate targets

Whether it’s still tenable to align with the Paris Agreement's 1.5 C goal is one idea in a wider rethinking of the finance industry’s climate playbook — one brought on by a potent combination of politics and science. 

The 'green label effect' for green bonds is real

A study found most retail investors cared more about the presence of a green label than the actual environmental impact of the bond or the higher financial return of a non-green option.

Brookfield Renewable to issue $450M of green bonds

Brookfield Renewable Partners will issue $450 million of green bonds, its 16th green-labelled corporate securities issuance in North America. Net proceeds will go to eligible investments such as renewable energy, energy efficiency and the circular economy.

PyroGenesis, GE Vernova sign MOU for tech partnership

PyroGenesis Inc. has signed a memorandum of understanding (MOU) with GE Vernova Inc.’s Power Conversion & Storage business. The MOU initiates discussions in the development and testing of PyroGenesis technologies for industrial processes used by aluminum and steel producers.

Energy efficiency meets novel tech in housing trends

Innovative residential construction practices such as off-site factory building and on-site 3D printing are making inroads in Canada’s massive homebuilding sector. While they represent a small percentage of overall builds, these sustainability focused techniques can add speed and labour-force efficiencies.

Mark Carney's climate credentials

Mark Carney, Canada's prime minister-designate, has a background as the UN’s Special Envoy for Climate Action and Finance, key architect of the Task Force on Climate-Related Financial Disclosures, and co-chair of the Glasgow Financial Alliance for Net-Zero.

Nearly a tenth of global climate finance affected by U.S. cuts

Nearly a tenth of global climate finance could be under threat as U.S. President Donald Trump’s aid cuts risk wiping out huge swathes of spending overseas, according to a Carbon Brief analysis.

How New York’s $75B climate superfund will work

New York State passed a “Climate Change Superfund Law” that asks major fossil fuel companies to pay up, based on their historic sales of coal, gas and oil. Up to 10 other states are introducing or have introduced similar bills.

The world has reached 'peak oil trade': Carlyle's Jeff Currie

The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security accelerate investments in renewable and nuclear power, Carlyle Group Inc.’s Jeff Currie wrote in a research note Monday.

Can the world’s largest ice rink survive a warming planet?

The Rideau Canal Skateway in Ottawa is the world’s largest ice rink and deeply threatened by climate change. Researchers are looking at ways to preserve it with slush cannons, snow bots and possibly heat pumps.

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