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The passage of the Inflation Reduction Act (IRA) supports the growth of US renewables at an unprecedented pace. Solar, storage, and onshore wind capacity could reach more than 1,240 gigawatts (GW) over the next decade, growing 2.7 times faster than projected before the IRA took effect (Exhibit 1). The IRA is expected to stimulate domestic…

Many incumbent organizations across industries and sectors want to become more like tech companies: fast, agile, and dominant. They’re doing so to remain competitive at a time when B2B and B2C customers have high and rapidly changing expectations and digital disruptors are upending the business landscape. The key to making this change lies in adopting…

Make precision lubrication a foundational pillar for asset reliability. It’s been estimated that more than 50% of failures to rotating equipment can be tied to lubrication, making precision lubrication a foundational pillar for asset reliability. What exactly is a lubrication failure? To some it may simply mean that no lubricant is present while, to others,…

Maintenance and facility managers are always looking to improve their operations and simplify their processes, so you may be looking at switching your equipment from gas to electric to save money and reduce emissions. As always, there are positives and negatives to the changeover, so consider the idea from all angles before making deciding what…

Virtually every business has a carbon footprint, and with that the responsibility to understand its effect on the environment and all the entities with which it interacts. While climate action is often associated with the largest corporations, the fact is that small to midsize businesses (SMBs) make up almost 90% of global enterprises. Their individual…

The acute skilled labour shortage is impacting nine out of 10 Canadian construction companies’ ability to bid on projects and/or meet project deadlines, according to a new KPMG survey. The survey of 275 companies shows that nearly 90 per cent are currently experiencing a shortage of skilled labour or trades. To address this, almost all contractors…