CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

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CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

CANADA'S LEADING INFORMATION SOURCE FOR THE METALWORKING INDUSTRY

Energy & Resources

Latest Energy & Resources News

Swiss Steel partnership with scrap dealers a global example of green steel production

Transporting scrap long distances is both environmentally damaging and inefficient. Steelworks with a strong local presence should play a crucial role in establishing regional circular economies by minimizing transportation distances. Swiss Steel Group, one of the largest steel recycling companies in Europe, provides a good example of how this can be accomplished.

Biden administration announces $6 billion to slash industrial emissions

In what is being hailed as the largest-ever US investment to decarbonize domestic industry, the Biden administration has committed to $6 billion in funding for projects to reduce emissions from the country’s industrial sector, the Associated Press reports.

Vast majority of Canadian businesses want fast-tracking of clean energy tax credits

Ahead of this year's federal budget, nine in 10 Canadian business leaders want the federal government to make available all previously announced 'green' tax incentives and provide more support for their climate financing needs to transition to a clean, innovative economy, finds a new KPMG in Canada survey.

Lowering energy costs while lowering carbon emissions. Can it be done?

Although Ontario has a largely decarbonized grid, rates are currently among the highest in North America, and do not provide enough of a discount versus residential rates as investors have come to expect from competing US states.


Manufacturers want an acceleration of measures to compete with U.S.

The race to develop a clean economy is picking up speed, and Canadian manufacturers need a robust response from Ottawa, says CME, in asking the federal government to move faster on investment tax credits. PHOTO by Pexels.

British Columbia attracts substantial battery cell production facility

The facility is expected to produce up to 135 million battery cells per year. Construction of the E-One Moli manufacturing facility is expected to begin in June 2024, and the facility is expected to be fully operational in 2028.


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