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Wolf Midstream expanding carbon-capture highway in Alberta

1 year ago

Wolf Midstream expanding Alta. carbon-capture highway

Transporting the hydrocarbons that power our lives and economies, but also emit climate-warming gases, is a key component of Wolf Midstream’s business. But the Calgary-based firm also operates a carbon pipeline to help mitigate the effects of these operations.

Northvolt picks Quebec for $7B EV battery factory

Northvolt AB, a supplier of electric vehicle (EV) batteries to Volkswagen and BMW, has picked Saint-Basile-le-Grand in Quebec's Richelieu Valley for a new factory as the Swedish manufacturer pushes into North America. Quebec is investing $1.7B in the project.

EllisDon faces the challenges of sustainable healthcare

The sustainable construction and retrofit of Canadian healthcare facilities requires attention to a facility’s specific needs, and more focus on the funding to prepare the healthcare sector for a greener future, says Colin Flock of EllisDon.

CAGBC to launch free low-carbon training in October

The Canada Green Building Council (CAGBC) has partnered with industry associations to provide a free low-carbon training program, the first of its kind in Canada. It will roll out in October and will be available through Mar. 31, 2024.

U of M to build Winnipeg's most sustainable infill dev.

The University of Manitoba has a $5-billion plan to partner with private developers and build what it calls the largest and most sustainable mixed-use infill development in Winnipeg's history – the 12-million-square-foot Southwood Circle.

Rising emissions counterbalancing Cda.'s climate goals

Momentum in most sectors toward meeting Canada’s climate commitments is being weighed down by the oil and gas industry, as well as the heating of buildings, according to estimates released by the Canadian Climate Institute.

Canada jumps in clean energy investment rankings

Canada jumped six spots in this year’s ranking of top destinations for clean energy investment by S&P Global Commodity Insights, placing 14th out of 37 nations in 2023. Ottawa’s latest budget boosted Canada as new tax credits helped counter the U.S. Inflation Reduction Act.

B.C.'s Loop Energy to cut 65% of workforce

Burnaby's Loop Energy (LPEN-T), a hydrogen fuel cell company, plans to drastically cut staff and shut down a production facility in China to buy itself some runway. The company went public in 2021 with a $100M initial public offering.

ZEV registrations hold steady in Q2 2023: StatsCan

Q2 saw 40,233 battery electric and plug-in hybrid electric vehicles registered in Canada, according to StatsCan. But the higher volume of zero-emission vehicle (ZEV) registrations hasn’t moved the needle on market penetration in Q2, which stayed at 8.6 per cent.

FPX subsidiary CO2 Lock Corp. secures $1.1M funding

FPX Nickel Corp. (FPX-X) says its majority-owned subsidiary CO2 Lock Corp., which focuses on establishing standalone operations for the permanent storage of carbon dioxide, has successfully completed its latest funding round, raising $1.1 million.

Recurrent Energy sells 17.5 MWp solar plant in Japan

Canadian Solar (CSIQ-Q) subsidiary Recurrent Energy has completed the sale of its 17.5 megawatt peak (MWp) Hiroshima Suzuhari project located in Hiroshima prefecture, to a private Japanese fund. Canadian Solar expects to see the revenue from the transaction in Q3.

NEO Battery Materials in temporary TSXV trading halt

NEO Battery Materials (NBM-X) announced the TSX Venture Exchange (TSXV) has issued a temporary trading halt as a normal course of action for the Change of Business into a Tier 2 industrial, technology, or life sciences issuer.

Most Albertans oppose renewable energy pause: poll

An online poll suggests nearly two-thirds of 1,000 Albertans surveyed oppose the provincial government’s moratorium on approvals for new renewable energy projects. In August, the province brought in a six-month pause for new wind and solar power projects.

Billy Bishop Airport buses roll toward zero emissions

PowerON Energy Solutions has completed installation of the infrastructure to charge new electric shuttle buses operated by Nieuport Aviation to connect Billy Bishop Toronto City Airport passengers, employees, and community members from Union Station to the downtown airport.

Price of SAF likely to remain high: IATA head

Sustainable aviation fuel (SAF) is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won’t deter airlines from their carbon emission targets, International Air Transport Association (IATA) head Willie Walsh said.

Shell CEO under pressure on renewables shift

Shell (SHEL-N) CEO Wael Sawan has come under pressure over his strategy from within the energy company after two employees issued a rare open letter urging him not to scale back investments in renewable energy, sparking an internal debate.

Fossil fuel demand to peak this decade: IEA

Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still peak before the end of the decade, a new report by the International Energy Agency (IEA) states.

‘Staggering’ green growth gives hope: IEA chief

The prospects of the world staying within the 1.5 C limit on global heating have brightened owing to the “staggering” growth of renewable energy and green investment, Fatih Birol, executive director of the International Energy Agency, said.

How petro-nations are approaching the shift to net-zero

As the world moves toward reducing greenhouse gas emissions and embracing low-carbon sources of energy, many oil-producing nations like Canada are grappling with a balancing act: striving to reach climate goals while also weighing financial, economic and political considerations.

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