Tech Innovation

Ford says EV unit losing billions, should be seen as startup

Thursday, March 23, 2023, 6:37 AM MDT

Ford Motor Co.'s electric vehicle business has lost $3 billion before taxes during the past two years and will lose…

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US-EU seek deal on minerals used in EVs in race for green investments

Tuesday, March 14, 2023, 6:59 AM MDT

The US and European Union are seeking a preliminary agreement on the supply of so-called critical minerals used in electric…

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Algae fuel company that Exxon once bankrolled finds new funders

Monday, March 13, 2023, 6:59 AM MDT

For over a decade, Viridos Inc. was the centerpiece of Exxon Mobil Corp.’s heavily advertised push to develop climate-friendly biofuels…

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Lithium royalty raises $109 million in biggest Canadian IPO since May

Thursday, March 9, 2023, 6:45 AM MST

Lithium Royalty Corp. raised C$150 million ($109 million) in Canada’s biggest initial public offering in 10 months, tapping investor appetite…

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European industry injects CO2 Below the seabed as it chases US in energy, climate race

Wednesday, March 8, 2023, 6:42 AM MST

European industrial companies injected carbon dioxide below Denmark’s seabed for the first time on Wednesday as executives warned that the…

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Trudeau announces supports for Ukraine, hydrogen deal with Europe as EU head visits

Wednesday, March 8, 2023, 6:10 AM MST

Prime Minister Justin Trudeau announced more support for Ukraine and a new hydrogen agreement with Europe on Tuesday alongside European…

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Germany to ramp up electrolyzers needed for green energy shift

Tuesday, March 7, 2023, 6:58 AM MST

Germany will rely on hydrogen to replace coal, natural gas and nuclear power as it tries to get back on…

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Enbridge eyes $1 billion of projects to turn food waste into gas

Wednesday, March 1, 2023, 6:43 AM MST

Enbridge Inc. is committing as much as $1 billion to building plants that turn discarded food into renewable natural gas…

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BP aims to transform carbon into cash with limestone play

Friday, February 24, 2023, 6:23 AM MST

A plan to turn carbon dioxide into limestone — and sell it at a profit — is getting some high-profile…

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Federal government delivers $9.7 million to support Alberta jobs, hydrogen industry

Wednesday, January 18, 2023, 6:43 AM MST

The federal government delivered nearly $10 million Tuesday to support Alberta's growing hydrogen industry. The federal money is expected to support 1,600…

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BDC leads US$50M funding round for Calgary based lithium company

Wednesday, January 18, 2023, 6:11 AM MST

A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown…

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US official warns of risks posed by heavy electric vehicles

Wednesday, January 11, 2023, 2:28 PM MST

The head of the National Transportation Safety Board expressed concern Wednesday about the safety risks that heavy electric vehicles pose…

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