Remove tag clean-energy
article thumbnail

Going electric will save Canadians money on energy costs

Corporate Knights

The impacts of the climate crisis already cost Canadians an average of $720 per year for things like repairs after flooding or wildfires – and that price tag is expected to double or triple by 2050. Electric motors are more than twice as efficient as combustion engines at converting energy to motion.

Net Zero 363
article thumbnail

Why the push to sell LNG as a climate solution is full of hot air

Corporate Knights

In fact, LNG Canada’s Phase 1 project in Kitimat, British Columbia, with a price tag of $40 billion , is the largest private sector project in Canada’s history. Because of the enormous capital cost of building LNG infrastructure, such projects must operate for decades to first break even and then turn a profit.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FedEx pledges to be carbon neutral by 2040

GreenBiz

The plan includes a $2 billion investment across electric vehicles, clean energy for operations and a new academic center with Yale focused on capturing carbon. Wed, 03/03/2021 - 07:26. Global logistics giant FedEx on Wednesday announced a goal to be carbon neutral by 2040. But the company is piloting ways to move these vehicles, too.

Logistics 450
article thumbnail

New York to Charge Emitters $1 Billion per Year, Reinvest in Emissions Reduction

ESG Today

The dirtier the fuel – the bigger the price tag. And the “invest” part of the program will accelerate the clean energy transition and include a universal Climate Action rebate that will provide $1 billion in revenues that we’ll allocate to help cover utility bills, transportation costs, and de-carbonization efforts.”.

article thumbnail

Proposal: The “Purchaser Caused” EAC Tag

Sustainable Round Table

As the global corporate community actively works to decarbonize, companies are increasingly pursuing renewable energy to mitigate their Scope 2 emissions. Because no system differentiates between renewable energy procured from long-existing projects and that which is newly developed due to the procuring company (e.g.,

article thumbnail

Community solar, urban trees and the digitization of employee engagement

GreenBiz

"Many employees want to live out their personal values at work and are asking for these programs," said Richard Keiser, CEO and founder of community solar company Common Energy, during the GreenBiz webcast last week about engaging employees in sustainability. One of Common Energy community solar projects. Common Energy.

article thumbnail

Entergy Provides Update on Its Progress to Net-Zero Carbon Emissions

3BL Media

Entergy is taking additional actions on climate change while maintaining our commitment to safely providing reliable, affordable and cleaner energy for customers and communities. Your browser does not support the video tag. Distribution Settings Markup. Date and Time are ET. We may take up to two hours to approve confirmed content.

Net Zero 100