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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach net zero emissions by 2050. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

The frontrunning proposal, sponsored by France, Germany and Japan, has come under fire due to a recommendation that stringent enforcement of operational efficiency regulations is introduced no earlier than 2029. It is the job of the United Nations to protect people and planet from the ravages of runaway global heating.".

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Lenovo Commits to Net Zero Emissions Across the Value Chain by 2050

ESG Today

Computer manufacturer Lenovo announced today a goal to reach net zero greenhouse gas (GHG) emissions by 2050. The commitment, covering the companies’ full value chain, and has been validated by the Science Based Targets initiative (SBTi) as aligned with its net zero standard.

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Google Signs its Largest Ever Carbon Removal Deal to Capture CO2 in Crushed Rocks and Soil

ESG Today

The agreement, which will see the credits delivered beginning in 2029, marks the largest ERW deal to date, as well as Googles largest ever carbon dioxide removal (CDR) purchase agreement, following a commitment announced in March by the company to contract for at least $35 million of carbon removal credits over the next 12 months.

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Dow to Build $6.5 Billion Net Zero Chemical Plant in Canada

ESG Today

billion project to build the world’s first net zero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to net zero Scope 1 and 2 emissions.

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CanREA applauds Ontario’s new energy efficiency framework

CREA

According to the Dunsky Energy + Climate Advisors report, BTM Solar: Canadian Market Outlook , DERs have the potential to add 2,000 MW by 2029, 4,300 MW by 2034, and a remarkable 16,300 MW by 2050. Currently, DERs such as rooftop solar and on-site energy storage already contribute over 3,000 MW to Ontario’s grid.

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This is New York's first all-electric skyscraper

Corporate Knights

Years ahead of an incoming state ban on the use of natural gas for heating and cooking in new buildings (taller buildings will have until 2029 to go all-electric), the development supplies induction stoves rather than gas-powered appliances and heat-pump dryers that reuse their warm air so they dry clothes at lower temperatures.

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