THIS WEEK
A car-hailing leader brings electric vehicles to Delhi, a carbon capture plant isn't capturing quite enough carbon, and the best climate policy you've probably never heard of.
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Our new private Facebook group is now live! Join and share the group to connect with and support fellow Canadians powering our sustainable future.
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IINVESTMENT
Investors bump carbon risk to the top of corporate Canada's agenda
Bowing to pressure from shareholders and fund managers, Canada's public resource companies are finally grappling with how best to mitigate, measure, and disclose the carbon risk on their balance sheets, The Globe and Mail reported.
Quebec pension fund Caisse de dépôt et placement du Québec recently joined Vanguard, BlackRock, and other institutional investors pressing companies in carbon-intensive sectors. They're asking blue-chip energy and mining stocks to do a better job explaining how they intend to preserve value through the clean energy transition. As the nation and the world increasingly targets carbon with policy, these companies face growing risk that some of their infrastructure assets may become stranded.
The risk they're flagging is real—not only for the companies involved, but for the economy writ large. Energy and mining firms comprise 20 per cent of the issuers on the Toronto Stock Exchange, while clean tech and renewable energy companies make up just two per cent.
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Renewables dominate global popularity contest
The entire world wants more clean energy and far less coal power, and nowhere more so than in China. So concludes the Green Energy Barometer — the most ambitious public-opinion research project ever undertaken. Across 13 of the world’s wealthiest countries, 82 per cent of respondents said it was important "to create a world fully powered by renewable energy.”
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Uber to boost electric cars on the subcontinent
Global ride-hailing leader Uber will give India's electric vehicle transition a needed boost by subsidizing the introduction of hundreds of Mahindra EVs in Delhi and Hyderabad. The companies will also work to roll out public charging stations, a dearth of which is thought to be holding back sales of battery-electric cars.
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SK carbon-capture coal power station falls short
When the Government of Saskatchewan cut the ribbon on the Boundary Dam Power Station in the fall of 2014, it pitched it as a way "to provide affordable coal power to customers, but in an environmentally sustainable way." But the $1.5 billion plant appears to be teetering on the brink of financial viability. (If only there were a better option?)
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Researchers outline one sweet deal on methane
Though the oil and gas industry has generally backed Ottawa's target to reduce methane emissions up to 45 per cent by 2025, the sector is quibbling on its cost. But new research suggests that the conventional oil and gas sector could cut methane by about nine per cent within 10 . Total estimated cost, calculated over 10 years? Zero.
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Ford pitching a plug-in hybrid to law enforcement
Don't expect to spot Ford's new Special Service Plug-In Hybrid Sedan in a high-speed car chase near you. Instead, the automaker is offering the plug-in hybrid to police and fire chiefs, detectives, and others who carry a badge but don't need to call in a Code Three.
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A $50M squeaker Down Under for Musk
Elon Musk promised South Australia that if he didn't deliver a promised $50 million 100 MW Tesla Powerpack battery within 100 days, he'd hand it over for free. The company just made the deadline, with one week to spare. When fully charged, the Tesla Powerpack will hold enough power for 8,000 homes for 24 hours, or keep the lights on for an hour in a blackout impacting 30,000 homes.
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Vancouver still looks like paradise on film
The New York City-based Streetfilms produces short films showing how smart transportation design and policy can yield better places to live, work and play. Recently, the organization turned its cameras on Vancouver, to reveal how the city hit its 2020 “sustainable mode share” target five years ahead of schedule. Grab the popcorn; it's eight minutes.
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Canada's best-ever super-duper climate policy
Once enacted, Canada's planned Clean Fuel Standard will pack the same carbon-fighting punch as taking more than seven million cars off the road. It will be the biggest climate policy introduced in the Pan Canadian Framework, by a generous margin. And that's not all, our new op-ed reveals. Along the way, the standard will grow our clean-fuel sector by $5.6-billion a year—while creating up to 31,000 jobs for skilled workers.
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Clean Energy Review is sponsored in part by Genus Capital Management, a leading provider of fossil-fuel-free investments.
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FRONT BURNER
Resources for a Future Generation 2018
June 16-21, 2018 | Vancouver
This conference showcases advances in earth science, societal and technical innovation, and education that can change the course of history. Be part of the sustainable future by submitting an abstract. And make sure to check out the Mining for Clean Energy session.
November 26-29, 2017 | Vancouver
Generate 2017
Clean Energy BC, the industry association representing the province's clean-power producers, holds its annual conference. It's a forum for discussion and engagement between Independent Power Producers, First Nations and government representatives, utilities, consultants, contractors and suppliers. Learn more.
November 28, 2017 | B.C.
BCSEA board director opportunity
Looking for board experience and passionate about sustainable energy in B.C.? The British Columbia Sustainable Energy Association is looking for new board directors. Candidates must be members as of November 28 to stand for election on February 28. Apply here.
December 4-5, 2017 | Toronto
Solar Canada Annual Conference & Exposition
Network and build relationships with Canada's most important solar energy professionals; discover the latest innovations, technology trends and visions the industry has to offer; and promote your brand as a key player in the solar energy industry. Learn more.
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IMAGE & MEDIA CREDITS
Feature photo: Clean Energy Canada
Map: Ørsted
Cyclists: Clarence Eckerson Jr.
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