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Canada invests $40M to expand HVDC transformer manufacturing

Government of Canada ·

The Government of Canada announced a $40 million investment through the Strategic Response Fund to expand Hitachi Energy Canada’s Varennes transformer manufacturing facility, build a test laboratory, and establish an HVDC simulation and collaboration centre in Montréal.

UK commits to 81% emissions cut by 2035

UK Government ·

The Rt Hon David Lammy, UK Deputy Prime Minister, announced the UK’s Nationally Determined Contribution to cut greenhouse gas emissions by at least 81% by 2035 versus 1990 levels.

Canada funds satellite data projects to protect biodiversity

Government of Canada ·

The Canadian Space Agency announced a $5 million smartEarth investment to fund 20 Canadian companies to develop satellite-data projects addressing biodiversity challenges, announced on September 29, 2025 in Longueuil, Quebec at the 76th International Astronautical Congress.

EU renewables reach 54.0% of electricity in Q2 2025

Eurostat ·

Eurostat reports that renewables supplied 54.0% of net electricity generation in the EU in Q2 2025.

Climate resilience investing: $600B–$1T by 2030

McKinsey ·

McKinsey publishes an analysis estimating an addressable market of $600 billion to $1 trillion by 2030 for 49 prioritized climate-resilience technologies and outlines steps to mobilize private capital into this nascent field.

AI diffusion linked to higher local CO2 emissions

Centre for Economic Policy Research (CEPR) ·

CEPR discussion paper by Bonfiglioli, Crinò, Filomena and Gancia (2025) documents that AI penetration is associated with faster CO2 emissions growth across US commuting zones between 2002 and 2022.

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