Business

Canada’s fledgling sector could get a gust of investment if Donald Trump imposes the U.S. offshore wind moratorium he promised during the election, some industry players say.

So far this year the Canada Pension Plan has pumped over $3 billion into fossil fuels, despite pledging to reach net-zero emissions. The risks to the economy and planet are growing, and advocates say the pension fund must transition out of coal, oil and gas before it's too late.

Risks — and possibly rewards — lie ahead for Canada’s mining sector as the protectionist president-elect returns to the White House, say industry leaders.

As the world’s biggest power technology company expands its North American R&D and manufacturing hub in Quebec, Andreas Schierenbeck says the biggest challenge is “coping with the pace” of demand.

Near-$24 million pilot project at Kruger Wayagamack plant in Trois-Rivières to pioneer industrial-scale version of system using high-temperature molten salts to capture and reuse CO2 emissions.

Clean50 event, in its 14th edition, brought together 150 delegates to brainstorm green transition solutions in areas ranging from clean finance to sustainable construction, renewable energy to climate action education

Developer of Nova East project in deep waters off Nova Scotia inks memorandum of understanding with eye on landmark mutual benefit agreement to drive First Nation jobs and revenue creation

For years, Ottawa has promised guidelines to determine what counts as green investments. This week it unveiled next steps that will push the development of the framework beyond the next election, throwing a key policy's future into question.

Say energy storage and most imagine EV lithium-ion batteries. But a range of "long duration" concepts that store power for weeks rather than hours are coming to market, among them one called high-density hydro that uses a mud-brown slurry pumped through a long loop of plastic pipe on a hillside to store energy until it's needed. With first systems now being built, the technology could change the way renewables-powered grids work in the future.

A fossil fuel financial bubble is growing as financial institutions pump over a trillion dollars into the sector, even as the need to transition off coal, oil and gas is paramount to avoid climate catastrophe. Is it time to put the Bank of Canada to work?

Canada and other wealthy nations spent some US$535 billion on subsidies for  the fossil fuel sector in 2023, while support for clean energy topped out at US$168 billion, says a new study.

Lumber was once the most commonly used building material before concrete and steel took over in the 20th century. Now reborn as mass timber, wood may be on the cusp of a comeback as the building sector steps up its green transition.

In 2022, just 18 Bay Street firms pumped $1.4 trillion into coal, oil and gas exacerbating the climate crisis. In fact, if Bay Street were a country it would be the fifth largest polluter in the world, according to new findings from the University of Toronto.

First leasing round to develop projects in waters off Nova Scotia and Newfoundland & Labrador has been cemented for 2025, after royal assent was received on legislation to transform provincial petroleum boards into offshore energy regulators

Concrete has weighed down the building industry's efforts to reduce its greenhouse gas emissions, but a low-carbon revolution in the world’s most-used construction material is starting to gather momentum