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Ten good news stories on climate and clean energy in 2024

Corporate Knights

This year also brought important new policy research on an Indigenous electrification strategy , Indigenous participation in clean energy , and Indigenous housing and clean technologies. Climate policies are working with industrial carbon pricing leading the pack.

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COP27 and the Canadian mini climate budget that wasn’t

Corporate Knights

billion in investment tax credits for clean technologies and clean hydrogen production, provided the latter meets standards set out in the Inflation Reduction Act, the giant U.S. The plan earmarked $310 million over the next five years for skills training in the low-carbon economy as well as $6.65

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Seeding a low-carbon farming wave

Corporate Knights

million cows in 2005) have partly offset rising nitrogen use, leaving Canadian agriculture emissions largely stalled. . In addition, the federal government’s Agricultural Clean Technology Program recently expanded its envelope to $195 million over five years (2021–2026). Closing the “say–do” gap.

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Budget 2023’s clean investments don’t add up

Corporate Knights

News headlines trumpeted that the federal budget was setting aside more than $80 billion for clean technology tax credits over the next 12 years. Last year, the government rolled out its Emissions Reduction Plan to big fanfare, stating that the country would cut its emissions by 40% (of 2005 levels) by 2030. That's a big number.

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Global 100 companies prove sustainability is good for business

Corporate Knights

Members of the MSCI All Country World Index (ACWI), a global equity index, derive just 30% of their earnings from products or services aligned with the Corporate Knights Clean Taxonomy, while 47% of the Global 100 do so (up from 41% last year). This is reflected in their performance.

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EU Invests €4.8 Billion in Decarbonization Projects Funded Through Carbon Pricing System

ESG Today

The European Commission announced today that it has selected 85 decarbonization technology-focused projects to receive €4.8 85 innovative projects in 18 countries bring cutting-edge clean technologies at the service of climate action. billion in grants utilizing funds raised through its EU Emissions Trading System (EU ETS).

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Abrupt end to Canada’s green retrofits program leaves industry in chaos

Corporate Knights

With more than 165,000 grants already issued, and the rest of the audits and retrofits still in the queue, Greener Homes “has supported over 75,000 jobs in the retrofit economy, ranging from jobs in construction, made-in-Canada manufacturing, home energy auditing, sales, clean technology, and financial services,” the department said in a release.