Former Bank of England, Manchester

Readout: Meeting of federal-provincial-territorial Ministers responsible for conservation, wildlife, and biodiversity

Retrieved on: 
Friday, May 26, 2023

This week, Ministers discussed how the Kunming-Montréal Global Biodiversity Framework, with its targets to halt and reverse biodiversity loss globally and protect thirty percent of land and water globally, could be implemented in Canada.

Key Points: 
  • This week, Ministers discussed how the Kunming-Montréal Global Biodiversity Framework, with its targets to halt and reverse biodiversity loss globally and protect thirty percent of land and water globally, could be implemented in Canada.
  • Ministers examined barriers to accelerating progress for nature in Canada and opportunities to overcome those barriers.
  • Ministers agreed that implementing the new biodiversity targets and objectives will require meaningful collaboration among all levels of governments, including federal, provincial, territorial, and Indigenous governments and organizations.
  • Ministers have heard the evidence that policies and other mechanisms are needed to support the long-term resilience of biodiversity.

Inflation Reduction Act Fans Red-Hot Trend in Renewable Energy Market

Retrieved on: 
Tuesday, January 31, 2023

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The market for renewable energy enjoys considerable tailwinds due to growing concerns about climate change, energy security and global initiatives to reign in carbon emissions. The tailwinds turned into a tempest late in 2022 when the Inflation Reduction Act (IRA) was signed into law. The IRA is the largest investment ever by the U.S. government in renewable energies, earmarking $369 billion to accelerate efforts to reduce dependence on fossil fuels. According to some experts, the IRA is expected to more than triple America's clean-energy production by 2030, resulting in about 40% of the nation's energy coming from sources such as wind, solar and renewable natural gas (RNG). For this to happen, about 550 gigawatts of new energy supply from green sources will come online over the next seven years. Against the backdrop of this generational opportunity, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) (Profile), a specialist in RNG, has positioned itself as an emerging leader in the booming renewables sector. Others in the space that are recognized as leaders include oil juggernaut BP plc (NYSE: BP), utility Fortis Inc. (NYSE: FTS), cleantech 347Water Inc. (NASDAQ: SCWO) and Anaergia Inc. (TSX: ANRG).

Key Points: 
  • NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The market for renewable energy enjoys considerable tailwinds due to growing concerns about climate change, energy security and global initiatives to reign in carbon emissions.
  • The tailwinds turned into a tempest late in 2022 when the Inflation Reduction Act (IRA) was signed into law.
  • Expansion at EVGN's three flagship facilities will result in the generation of ~480,000 gigajoules of energy annually.
  • RNG is a renewable clean energy derived from decomposing organic matter, such as wastewater, food waste, agriculture waste, etc.

Inflation Reduction Act Fans Red-Hot Trend in Renewable Energy Market

Retrieved on: 
Tuesday, January 31, 2023

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The market for renewable energy enjoys considerable tailwinds due to growing concerns about climate change, energy security and global initiatives to reign in carbon emissions. The tailwinds turned into a tempest late in 2022 when the Inflation Reduction Act (IRA) was signed into law. The IRA is the largest investment ever by the U.S. government in renewable energies, earmarking $369 billion to accelerate efforts to reduce dependence on fossil fuels. According to some experts, the IRA is expected to more than triple America's clean-energy production by 2030, resulting in about 40% of the nation's energy coming from sources such as wind, solar and renewable natural gas (RNG). For this to happen, about 550 gigawatts of new energy supply from green sources will come online over the next seven years. Against the backdrop of this generational opportunity, EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQX: EVGIF) (Profile), a specialist in RNG, has positioned itself as an emerging leader in the booming renewables sector. Others in the space that are recognized as leaders include oil juggernaut BP plc (NYSE: BP), utility Fortis Inc. (NYSE: FTS), cleantech 347Water Inc. (NASDAQ: SCWO) and Anaergia Inc. (TSX: ANRG).

Key Points: 
  • NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The market for renewable energy enjoys considerable tailwinds due to growing concerns about climate change, energy security and global initiatives to reign in carbon emissions.
  • The tailwinds turned into a tempest late in 2022 when the Inflation Reduction Act (IRA) was signed into law.
  • Expansion at EVGN's three flagship facilities will result in the generation of ~480,000 gigajoules of energy annually.
  • RNG is a renewable clean energy derived from decomposing organic matter, such as wastewater, food waste, agriculture waste, etc.