Business
“The Battery of Choice” – Does the Future of Energy lie in Lithium Tech?
At the crossroads of technological development and clean energy innovation, interest in the lithium battery continues to gain traction across the global market. Using the lightest metal on the periodic table, lithium batteries have massive potential in the fields of green technology and power generation and storage. With a large charging capacity and extended lifetime, lithium batteries have been increasingly regarded as a game-changing technology for a number of industries.
The University of Washington Clean Energy Institute identified Li-ion batteries as the “market leader in portable electronic devices”. The CEI also highlighted the importance of Li-ion tech in the clean energy conversation, as “much of the promise of Li-ion technology comes from their potential applications in battery-powered cars.”
E3 Metals Corp, an innovative energy company founded in 1998, believes lithium is the future. “When you have a mobile application, a phone, a car, a power tool,” says Chris Doornbos, President & CEO of E3 Metals Corp, “lithium is it. It’s light, its high energy density. It is the battery of choice.”
E3 Metals operates a major reservoir located in Leduc, referring to the province’s favourable permit processes and industry-friendly regulations as the “Alberta Advantage”. The company’s ultimate goal is to produce “battery-grade lithium hydroxide that can be used directly within lithium-ion batteries.”
Using their own lithium extraction technology, E3 Metals is able to extract lithium from brine in the Leduc reservoir with a high level of accuracy, producing a lithium-rich solution virtually free of impurities. The company is currently pursuing the commercialization of this tech, which would allow for even greater expansion into this Alberta rich resource.
The Alberta Advantage also refers to the opportunity E3 Metals Corp has to repurpose existing oil and gas infrastructure for use in the extraction and production of battery-grade lithium hydroxide. According to Doornbos, Alberta is in the position to diversify and fill existing gaps in the economy by transitioning to lithium production alongside oil and gas, while utilizing the existing workforce. “Alberta can produce both, and we will produce both for a long time,” he says, “and that means that we’ll have a stronger, healthier economy, without having to retool the entire workforce.”
E3 Metals believes 2020 will be a year of lithium stories, characterized by the further expansion and development of Alberta’s lithium resources. Doornbos looks forward to the continued growth of E3 Metals Corp and working with other industry leaders who believe that lithium-ion batteries have an important role to play in our future.
For more information on E3 Metals Corp and lithium extraction and production in Alberta, visit https://www.e3metalscorp.com.
For more stories, visit Todayville Calgary
Business
Google Dumps EU’s Anti-“Disinformation” Code, Defying Digital Services Act
Does Google’s bold rejection of EU mandates signal a shifting balance of power between tech giants and censors?
It’s as good a time as any to effectively pull out of the EU’s “voluntary anti-disinformation” deal, which social media companies were previously strong-armed into accepting. And Google has now done just that.
The “strengthened” Code of Practice on Disinformation was introduced during the heyday of online censorship and government pressure on social platforms on both sides of the Atlantic – in June 2022, and at one point included 44 signatories.
One of those who in the meanwhile dropped out is X, and this happened shortly after Twitter was acquired by Elon Musk.
Now, as the “voluntary” code is formally becoming part of EU’s censorship law, the Digital Services Act (DSA), Google took the opportunity to notify Brussels it will not comply with the law’s requirement to include fact-checkers’ opinions in the search results, or rely on those to delete or algorithmically rank YouTube content.
Accepting these DSA requirements “simply isn’t appropriate or effective for our services,” Google’s Global Affairs President Kent Walker stated in a letter sent to European Commission’s Deputy Director-General for Communications Networks, Content and Technology, Renate Nikolay, reports said.
At the same time, Google is withdrawing from “all fact-checking commitments in the Code” – this refers to the signatories working with “fact-checkers” across EU member-countries. The code also requires tech companies to flag content, label political ads, demonetizing users found to be “spreading disinformation,” etc.
Even though Google’s censorship apparatus does not use third-party “fact-checkers” as it is, the news that the company has decided to defy the EU on this issue is interpreted as yet more proof that social media giants are breaking free from some of the constraints imposed on them by the authorities over the past years.
Meta recently announced that its fact-checking scheme in the US was ending in order to make room for more free speech on Facebook and Instagram, but it remains a signatory of the Code in the EU.
It remains to be seen what decision Meta will make once that agreement becomes part of the DSA – the deadline for which is currently unknown.
If you’re tired of censorship and surveillance, subscribe to Reclaim The Net.
Banks
Four of Canada’s top banks ditch UN-backed ‘net zero’ climate alliance
From LifeSiteNews
Among the banks that have withdrawn from the UN-backed Net-Zero Banking Alliance are TD Bank, the Bank of Montreal and CIBC.
In a stunning reversal, four of Canada’s top banks have withdrawn themselves from a United Nations “net zero” alliance that supports the eventual elimination of the nation’s oil and gas industry in the name of “climate change.”
Last Friday, Toronto-Dominion Bank (TD), Bank of Montreal (BMO), National Bank of Canada and the Canadian Imperial Bank of Commerce (CIBC) said they were all withdrawing from the Net-Zero Banking Alliance (NZBA), which calls for banks to come in line with the push for “Net Zero” emissions by 2050. The NZBA is a subgroup of the Glasgow Financial Alliance for Net Zero (GFANZ), which was founded and backed by the United Nations.
Interestingly, the GFANZ was formed in 2021, while Liberal Party leadership candidate Mark Carney was its co-chair. He resigned from his role in the alliance right before he announced he would run for Liberal leadership to replace Prime Minister Justin Trudeau last week.
The sudden decision from Canadian banks to ditch the alliance comes despite Trudeau’s government still being committed to so-called “net zero” policies and only a few days before pro-oil and gas U.S. President Donald Trump was sworn into office.
According to a statement from BMO, it is no longer a “member of the Net-Zero Banking Alliance (NZBA),” but it is still “committed” to the idea of an eventual “net zero” world.
“We are fully committed to our climate strategy and supporting our clients as their lead partner in the transition to a net-zero world. We have robust internal capabilities to implement relevant international standards, supporting our climate strategy and meeting our regulatory requirements,” it said.
In a statement regarding its exit from the NZBA, TD Bank said that it has the “resources, relationships and capabilities to continue to advance our strategy, deliver for our shareholders and advise our clients as they adapt their businesses and seize new opportunities.”
Large U.S. banks such as Morgan Stanley, JPMorgan Chase & Co, Wells Fargo and Bank of America have all withdrawn from the group as well.
Since taking office in 2015, the Trudeau government has continued to push a radical environmental agenda like the agendas being pushed by the World Economic Forum’s “Great Reset” and the United Nations’ “Sustainable Development Goals.” Part of this push includes the promotion of so called “Net Zero” energy by as early as 2035 nationwide.
-
Alberta2 days ago
Is There Any Canadian Province More Proud of their Premier Today…
-
Business1 day ago
Trump, taunts and trade—Canada’s response is a decade out of date
-
Carbon Tax1 day ago
Carbon tax tripping up Liberal leadership hopefuls
-
International2 days ago
Trump orders U.S. withdrawal from World Health Organization
-
Alberta1 day ago
Alberta Premier Danielle Smith Media Roundtable from Washington
-
Business1 day ago
Opposition leader Poilievre calling for end of prorogation to deal with Trump’s tariffs
-
Business1 day ago
Trade retaliation might feel good—but it will hurt Canada’s economy
-
Christopher Rufo1 day ago
Trump Abolishes DEI for the Feds