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Budget 2023’s clean investments don’t add up

Corporate Knights

The table below shows new budget funding to address the climate crisis and opportunity imperatives this fiscal year. They add up to $386 million, 0.02% of Canada’s GDP.

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The benefits of being a climate optimist

Corporate Knights

I look to that horizon instead and think of Bornholm – its gigawatt-scale wind farms, its next-generation smart grid, its efficient buildings lit and heated and cooled by clean energy, and its place in a nation leading the charge to an emissions-free world in the decades to come. They are signs of catastrophic crisis.

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Key Issues 2021 Environmental, Social, and Governance Report

3BL Media

The report highlights Key’s progress as a responsible bank and corporate citizen, including across the four ESG priorities of: climate stewardship; financial inclusion; diversity, equity, and inclusion; and data privacy and security. The 2021 ESG Report can be found at www.key.com/ESG. In 2021, Key invested $5.1 billion at December 31, 2021.

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Guest Post – From Bytes to Robot Bees: AI’s Pivotal Role in Eco-sustainability

ESG Today

Smart grids and AI form part of the solution to these problems. A smart grid is an electricity network that uses digital technologies to monitor and manage the transport of electricity from all generations sources to meet the varying electricity demands of end users.

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AB: What Might US Elections Mean for Renewable Energy?

3BL Media

Adding one to an area where the grid is constrained can reduce power bottlenecks far more cost-effectively than building new transmission and distribution lines. US banks are a key capital source for such massive infrastructure investments. Batteries can also be an alternative to costly infrastructure investment.

Net Zero 147
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Making the UK’s net zero target real: Professional services firm comments on progress

Envirotec Magazine

The emissions reductions achieved through the phase-out of coal can only be banked once. The electrification of sectors such as transport and heating needs to be met by the scaling up of renewables and increased investment in clean energy sources, advanced storage solutions, and smart grids.

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Energy Flexibility Will Secure Our Renewable Future

Chris Hall

Funding for solutions that strengthen grid flexibility are vital to supply energy demand where and when it is needed, writes Oliver Warren, Investment Banking Analyst at DAI Magister. Climate change is creating extreme weather events that are wreaking havoc on our power grids. It’s still early days though.