Race to the stars
Posted November 19, 2018
Companies, regulators and investors are competing to get their hands on carbon emissions data from satellites.
Going back to his childhood, Stephane Germain, the founder of Montreal-based GHGSat, dreamed of figuring out how to pursue a career that combined space, technology and the profit motive. After completing his graduate work in engineering physics, he found himself drawn increasingly to both the world of commercial satellites and the scientific challenge of using specialized orbiting sensors to measure atmospheric greenhouse gas concentrations.
But when the province of Quebec prepared to join California’s cap-and-trade system, “the light bulb went on,” Germain says. Cap-and-trade forces companies to buy credits for the right to pollute, which incentivises them to reduce emissions. Pondering the logic of such systems, he realized the province’s industrial emitters suddenly would be forced to manage their emission risk and therefore had a financial incentive to seek out better information about the carbon leaving their facilities. “I knew there was market demand,” he explains.Continue Reading...
Off to work
Posted May 24, 2018
Making the commute easier for employees
When Québec’s financial services giant Desjardins decided to adopt a sustainability plan earlier in this decade, company officials began looking at a range of strategies, including programs to encourage the firm’s far-flung employees to get to work by means other than a private automobile with a single passenger.
It was an ambitious undertaking as Desjardins has hundreds of branches, head offices in both Montréal and Levis, outside Québec City, as well as satellites in Toronto and Mississauga, Ontario. Some locations are way off the transit grid while others are easily accessible. In a firm with 45,000 employees, the task demanded multiple solutions.Continue Reading...
Breaking the gas habit
Posted April 3, 2018
Why a transition away from natural gas for home heating is both onerous and necessary
According to federal government data, fully two-thirds of all the energy Canadians use to heat their homes is supplied by natural gas and propane. For climate activists and building owners who want to decarbonize Canada’s building stock, that figure is, well, chilling. While natural gas is one of the cleanest burning fossil fuels, this statistic alone offers a bracing reminder that Canada remains a long way from the day when our housing stock is no longer responsible for a formidable share of the country’s overall greenhouse gas emissions.Continue Reading...
The e-bus revolution has arrived
Posted January 10, 2018
The working horse of municipal transportation is on the cusp of rapid electrification across Canada.
Early in the fall of 2017, a dozen municipalities from around the world resoundingly signalled that the long-awaited electric bus revolution had finally pulled out of the station. The cities, whose ranks include London, Paris and Vancouver, released a declaration during a C40 Cities summit that after 2025, they’d only purchase zero-emission vehicles, including city buses.
Los Angeles County, one of the signatories, ordered 95 e-buses in the summer of 2017 for Metro, the region’s transit authority, while other cities will also move sooner, says Caroline Watson, the low-emission vehicle network manager for C40 Cities.Continue Reading...
Posted October 3, 2016
The promise and peril of land value taxes
The craziness of Vancouver’s real estate market, now the subject of frantic political attention, has revealed a rare kind of metric in dense urban environments.
With offshore speculators buying residential properties specifically to knock down the existing home and replace it with something huge, the market – for all its distortions – has essentially disclosed the going market value of residential property. After all, when so many dwellings are considered to be knock-downs, the buyers are in effect zero-rating the buildings they’ve acquired.Continue Reading...