The Energy Mix

🏭 New IEEFA report casts doubt on Pathways Alliance's C$16.5B carbon capture hub. Rising costs, uncertain revenues, and market oversupply could impede profitability. Learn more about the challenges facing this major #CCS project: https://loom.ly/qa9Umqs Institute for Energy Economics and Financial Analysis (IEEFA)

💡🏠 #Ontario announces landmark $10.8B investment in energy efficiency over 12 years, aiming to reduce peak electricity demand by 3,000 MW. This initiative is expected to save ratepayers $12.2B net over 24 years. More on this major shift in energy policy: https://loom.ly/FDSozf0

The horrifying, heartbreaking images from the #wildfires encircling #LosAngeles remind us again that no one is safe in a global #climate emergency. Here’s how we find common ground to take action. https://lnkd.in/e4X9fBRS

🌿💨 Canadian startup Deep Sky receives US$40M from Bill Gates' Breakthrough Energy Catalyst for direct air capture project in Alberta. The facility aims to remove CO2 from the atmosphere using renewable power by April 2025. Learn more about this pioneering carbon removal initiative: https://loom.ly/Y5oayaA

💰🌍 New predictions for sustainable finance in 2025: ESG faces challenges in the U.S., but long-term investors stay committed. Europe simplifies disclosure rules, while Canada emerges as a leader in transition investing. Learn more about the evolving landscape of climate finance: https://loom.ly/YhHtMYI

🌿⚖️ Montana Supreme Court upholds landmark climate ruling, affirming residents' constitutional right to a clean environment. The 6-1 decision rejects the state's argument that its fossil fuel emissions are negligible globally. Learn about this precedent-setting case and its implications for state energy policy: https://loom.ly/RSaV7Fo

⚖️🌍 Ontario asks Supreme Court to review landmark youth-led climate case. This could lead to a historic ruling on governments' constitutional obligations to combat climate change. Learn more about this potentially game-changing legal battle: https://loom.ly/lQy1XaE

🌎💰 New York passes Climate Change Superfund Act, requiring fossil fuel companies to contribute $75 billion over 25 years for climate adaptation costs. This landmark legislation follows Vermont's lead in applying the polluter pays principle to climate change. Learn more about this groundbreaking approach to funding climate resilience: https://loom.ly/AtpLLVE

🏠🚗 Some families in Canada are finding homes more affordable on the outskirts of urban areas, but that slight relief is more than overshadowed by the cost of commuting on their pocketbooks and quality of life. This special feature by The Energy Mix reporter Gaye Taylor explores how an "affordability paradox" is forcing households to choose between expensive urban living and car-dependent suburbs: https://loom.ly/QPpJ7rk Smart Prosperity Institute

President Biden signs ban on offshore oil and gas drilling in federal waters, requiring an act of Congress to reverse. This move protects 625 million acres but excludes active developments in the Gulf of Mexico. Learn about the implications for future administrations and the energy industry: https://loom.ly/AZAnAlg