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renewable energy

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N.B. Auditor General finds climate change action items lack implementation plans and timelines

June 20, 2017 by Canadian Underwriter

Greenhouse gas (GHG) emissions in New Brunswick are not projected to decline much further under the status quo, and meeting 2030 and 2050 targets will require “significant action” from provincial and federal initiatives, the Auditor General of New Brunswick said

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Resource risk top concern for wind energy sector: GCube Underwriting

May 23, 2017 by Canadian Underwriter

Resource risk has surpassed mechanical and electrical breakdown to become the number one potential source of financial losses for onshore wind energy developers, owners and operators globally, suggests a new report from GCube Underwriting Ltd. Despite continued development and improvement

News Climate ChangeInsuranceMarkets / Coverages

Desjardins Group and the Desjardins Group Pension Plan invest more than $1 billion in renewable energy and clean technologies

April 24, 2017 by Canadian Underwriter

Desjardins Group and the Desjardins Group Pension Plan (DGPP) announced on Friday that they have invested more than $1 billion in renewable energy and clean technologies. The financing came from Desjardins Group’s Capital Market Division and equity investments from the

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Weather risk accounts for an estimated US$56 billion in untapped wind energy asset values globally: GCube

January 31, 2017 by Canadian Underwriter

Resource underperformance has surpassed mechanical breakdown and component damage as the major obstacle to achieving bankable wind energy projects, GCube Underwriting Ltd. notes in a report estimating the untapped asset values of wind energy stakeholders around the world at US$56

News Climate ChangeInsurance

New Brunswick committee on climate change calls for ‘carbon pricing mechanism’

October 25, 2016 The Canadian Press

FREDERICTON – A New Brunswick legislature committee on climate change is recommending the province establish a “made-in-New Brunswick carbon pricing mechanism.” It was one of 85 recommendations made in the all-party committee’s final report released on Monday. But the committee

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Alberta, Ontario premiers announce MOU on cleantech initiatives

May 27, 2016 by Canadian Underwriter

The Premiers of Alberta and Ontario announced on Thursday a new Memorandum of Understanding (MOU) to accelerate the development of cleantech initiatives. Alberta Premier Rachel Notley and Ontario Premier Kathleen Wynne met in Edmonton on Thursday to discuss new opportunities