California’s Carbon Auction Raises $950M, But Market Uncertainty Looms
The recent carbon credits auction in California raised significant funds for climate action, showing the state’s commitment to reducing greenhouse gas emissions. The auction proceeds will be reinvested...
View ArticleThe Pitfalls of Low-Quality Carbon Offsets: Are They a Threat to Our Planet?
Many companies have turned to cheap offsets or junk credits, resulting in a significant portion of their credits being classified as high-risk. So, what makes these offsets low-quality? These credits...
View ArticleLithium Prices Hit New Lows: Can the Market Survive the EV Slowdown and Price...
The lithium market continues to face significant challenges as detailed in the S&P Global Commodity Insights report for August 2024. The report highlights the intricate interplay between global...
View ArticleMeta’s Bold Bet on Geothermal Energy and Carbon Footprint Reduction
Meta Platforms, the company behind Facebook, Instagram, and WhatsApp, isn’t just about connecting people online anymore. It’s taking real, concrete steps to protect the planet, too. In a recent move...
View ArticleWalmart Sees Revenue Boost in Q2, Emissions Nudge Higher
America’s favorite retail outlet, Walmart, released its earnings on August 15, indicating a fantastic revenue and sales surge. However, its emissions slightly increased from the 2015 baseline....
View ArticleA Bold Plan: Tata to Transform Green Steel with Nuclear Power
The TATAs! Who doesn’t know them? Well, this time their plan is bigger and bolder. They are marching into the nuclear space. Tata Steel, one of the world’s largest steel producers, is exploring nuclear...
View ArticleNVIDIA Crushes Q2 and Cuts Emissions but Shares Still Slide
NVIDIA had an impressive second quarter, surpassing market expectations with strong revenue growth and solid earnings. Despite these achievements, the company’s shares unexpectedly dipped. On the...
View ArticleCobalt Crash: Why Prices Hit a 7-Year Low and What’s Next
Cobalt, a key ingredient in the batteries powering our electric vehicles (EVs) and devices, is facing turbulent times. Once a high-flying commodity, cobalt prices have now plummeted to levels not seen...
View ArticleEU Regulations Poised to Catalyze Global Carbon Market Convergence, Says...
In a recent episode of SmarterMarkets, David Greely interviews Hannah Hauman, the Global Head of Carbon Trading at Trafigura. Trafigura is a leading global commodity trading company founded in 1993...
View ArticleMicrosoft’s Solar Power Move: Lighting Up Singapore and India’s Future
Microsoft is doubling down on its renewable energy commitments with groundbreaking deals in both Singapore and India. The company securred a 20-year agreement with Singapore’s largest SolarNova project...
View ArticleU.S. DOE Calls for Clean Energy Proposals at Savannah River Site
The U.S. Department of Energy (DOE) is moving forward with an ambitious plan to transform the Savannah River Site (SRS) in Aiken, South Carolina, into a sprawling renewable energy complex. Through the...
View ArticleVerra Rejects 37 Rice Cultivation Projects in China Amid Quality Concerns
Verra, the leading nonprofit organization in the voluntary carbon credit market, has taken a significant and unprecedented step by rejecting 37 rice cultivation projects in China. Alongside this...
View ArticleLEGO Bets Bold on Renewable Resin Bricks Amid Massive Revenue Growth
Lego is taking significant steps to replace fossil fuels in its iconic bricks with renewable and recycled plastic. Despite the higher costs, the Danish toymaker is determined to phase out oil-based...
View ArticleAre Direct Air Capture Plants Facing Massive Clean Energy Challenge in the...
With Direct Air Capture (DAC) technology gaining momentum, some companies involved are facing the significant challenge of securing enough clean power to sustain their energy-intensive operations in...
View ArticleTaiwan to Launch Carbon Credit Exchange That Could Rake in US$131 Billion by...
On October 2, 2024, Taiwan will take a significant step toward addressing climate change by launching its domestic carbon credit exchange platform, the Taiwan Carbon Solution Exchange (TCX). This...
View ArticleTotalEnergies Invests $100 Million in U.S. Forestry as Part of Net Zero Push
TotalEnergies announced a significant $100 million investment in sustainable forestry projects in the United States. This strategic initiative is a collaboration with Anew Climate, a leader in climate...
View ArticlePETRONAS, ADNOC, and Storegga Forge Deal to Explore CCS in Malaysia
On August 20, PETRONAS, ADNOC, and Storegga signed the Joint Study and Development Agreement (JSDA) to assess the CO2 storage potential of saline aquifers and develop carbon capture and storage (CCS)...
View ArticleTotalEnergies and Adani Green Form $444 Million JV for a Major Solar Project...
TotalEnergies made a historic announcement of partnering with Adani Green Energy Limited (AGEL) to the next level with a new joint venture to develop over 1GW of solar energy in Gujarat, India. This...
View ArticleWall Street’s EV Tech Bets: Top 4 Startups Driving the Future of Clean...
The growing electric vehicle (EV) market has flourished, largely due to strong government support aimed at meeting climate objectives, which has in turn captured the attention of Wall Street investors....
View ArticleCan These Irish Firms Revolutionize Direct Air Capture Technology?
Direct Air Capture (DAC) is crucial in the fight against climate change and is identified as a key solution to remove up to 310 billion tons of CO₂ by 2100. However, this demands significant investment...
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