Heavy-duty vehicles, including trucks and buses, make up about 10% of all motor vehicles globally, but produce around 50% of their carbon dioxide emissions and over 70% of vehicle particulate pollution. Understandably, there has been excitement in the potential transition of heavy-duty vehicles off of diesel and towards a cleaner, electric operating system. And while striving for ambitious ESG targets in this (and every) industry is needed and supported, it is unlikely that electrical transport vehicles will carry this load in the near term for the three reasons in this article.
Read MoreI’ve discussed at length the migration of industrial occupiers and capital investment into the Alberta market over the past 18 months due to the convergence of peak levels of demand, affordable development land, available warehouse space and unsustainable pricing in other major Canadian markets. As an industrial real estate broker, I get asked frequently if I’m seeing any slowdown in the industrial market due to increasing interest rates, inflation and lingering supply chain struggles. I’ll outline here why these local and global issues are having a much diluted effect on Alberta.
Read MoreI was pleasantly surprised to hear that Alberta, along with Ontario, Saskatchewan and New Brunswick, have all signed on to help further develop nuclear reactor technology in Canada. The goal of this program is to support the advancement and deployment of nuclear energy through small modular reactors (SMRs), a fresh, new technology that greatly differs from standard nuclear reactors, both in size, flexibility and overall safety.
Read MoreAs it stands, Alberta’s prospects of delivering oil to tide water are grim, if not non-existent. Following the calamitous finale of the Energy East pipeline, and the mismanagement of the western Trans Mountain Pipeline, it seems that our one-customer energy policy could remain in effect indefinitely. But what if there was one more option to consider that could present significantly less inter-provincial conflict, potentially reduced cost outlays, plus economic opportunity for a struggling provincial economy. Would it not be worth investigating?
Read MoreAround the world, a new stream of relatively passive revenue is benefiting the Landlords of commercial buildings. Read about one method that is mutually symbiotic in benefiting both the environment, and the bottom line, as countries around the world continue to take efforts toward transitioning the consumer’s reliance on energy to new renewable sources.
Read MoreCanadian oil and gas production has long since become the scapegoat of the modern energy contradiction. That is, many around the world are demanding a switch to green, renewable energy, calling for a complete elimination of the oil and gas industry, yet the data shows that global fuel usage from oil continues to grow year after year.
Read MoreWhen we think of innovation and trends leading us into Edmonton's future regarding our commercial developments, a few words must now come to mind... Simons Londonderry Mall. Not likely the general public's first thought, but since Londonderry Mall announced their $130 Million renovation and redevelopment plan in 2014, this has come to fruition, notably due to the largest solar system in Edmonton that now swathes the new Simons development.
Read More