Keystone Pipeline, Symbol to Oil’s Foes and Friends, Is Now Dead

TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that became a litmus test for climate activism and was blocked by President Joe Biden.

Calgary-based TC Energy said in a statement it had formally terminated the project after consultation with the government of Alberta in Canada. It had already suspended construction on the pipeline earlier this year, after Biden revoked a presidential permit for the project.

The Smartest Way to Finance Clean Energy That You’ve Never Heard Of

In the United States, financing infrastructure and clean energy projects is often contingent on the quirks of partisan dealmaking in Congress. But there may be a better way.

A green bank model has been successful in several other countries. The United Kingdom’s green bank funded much of its offshore wind boom before the government sold it in 2017. (The current UK government is exploring bringing it back.) Through Australia’s green bank, the largest in the world, the country has invested in wind, solar, and hydrogen development in addition to financing the construction of energy-efficient homes.

Electrification Is Key to Decarbonizing Building Sector, Says ULI Report

A new ULI report finds that now is the time for the real estate industry to make the business case for electrifying more commercial assets and how that can contribute to much-needed climate change mitigation.

Electrify: The Movement to All-Electric Real Estate documents how the commercial real estate industry can shift toward a decarbonized future by moving to all-electric buildings, and the importance of why real estate firms need to be aware of the movement. Although widespread adoption of all-electric assets is not anticipated for at least five to 10 years, the movement toward electrification and away from fossil fuel combustion in buildings is well underway.

IEA: Behavior Change Is Critical for Reaching Net-Zero Energy

When ULI Greenprint set a goal of net zero carbon by 2050 for its collective membership, it was clear that to meet that goal, a real estate portfolio would need to employ a combination of technologies and innovations.

Two ULI Greenprint members have already met the net-zero-carbon goal—Hudson Pacific Properties, a real estate investment trust (REIT) with over 19 million square feet (1.8 million sq m) of office and studio properties, and Kilroy Realty Corporation (KRC), a West Coast REIT with over 14 million square feet (1.3 million sq m) of office and life science space. This is how they did it.

Today: Attend LABC's 15th Annual Sustainability Summit: Accelerating California's Climate Leadership

This year’s Summit will focus on moving toward 100% renewable energy, equity in the transition to clean transportation, building decarbonization, water resources, the leadership role that business, government, and universities can play in the 2021 United Nations Conference on Climate Change (COP26), and much more.

LABBC Partner Highlight: Los Angeles Community College District Looks to Future of Sustainability Across Its Campuses

Although the culinary arts program at Los Angeles Trade Technical College is one of the longest-running in the nation, the campus itself is looking to the future. The newly completed LEED Culinary Arts Building is part of the Los Angeles Community College Districts' aggressive plan to meet and surpass waste reduction and energy efficiency goals.