UN Carbon Credit System Makes History With First Project Approval But Raises Concerns

/in /by

UN Carbon Credit System Makes History With First Project Approval But Raises Concerns

The Paris Agreement Crediting Mechanism (PACM) has officially approved its first project—a cookstove initiative in Myanmar. This marks a major milestone for the UN-backed carbon credit system, designed to ensure high-integrity offsets.

But with concerns over inflated climate benefits, is this approval a win for carbon markets or a warning sign of deeper issues? Let’s uncover the details behind this historical market development. 

What is PACM? 

The Paris Agreement Crediting Mechanism is a global initiative designed to improve the quality and integrity of carbon credits. Carbon credits are permits that let companies offset their greenhouse gas (GHG) emissions. Companies invest in projects that reduce or remove CO₂ from the atmosphere.

The PACM was set up under Article 6.4 of the Paris Agreement. This article lets countries team up and trade emission reduction units, also called A6.4ERs (Article 6.4 Emission Reductions Units), to reach their climate goals.  

PACM Article 6.4 how it works

The PACM is different from private carbon credit programs. It is an official system backed by the United Nations (UN). This means it has more oversight and credibility.

The UN carbon credit system was finalized at COP28 in 2024. It replaces the Clean Development Mechanism (CDM). The CDM faced criticism for allowing low-quality carbon credits. Many CDM projects lacked “additionality.” This means they would have happened without carbon credit funding. As a result, they undermine real climate action.

PACM introduces stricter rules to ensure credits represent real, measurable, and verifiable emission reductions. It boosts baseline standards. It also requires upfront credit registration, which stops retroactive project approvals.

This UN-backed system aims to boost trust in carbon markets and ensure they contribute meaningfully to nations’ climate goals, also known as Nationally Determined Contributions.

NDCs commitment pathway
Source: Czapp

With over 3,500 companies committed to net-zero, demand for high-quality credits is rising. PACM’s stricter standards can help companies buy reliable carbon offsets. This reduces the risk of “junk credits” that offer little or no real environmental benefit.

CDM’s Shadow Over PACM

One of the most debated aspects of the PACM is the transition of projects from the CDM to the new system. The CDM started in 2001. It lets countries and companies earn carbon credits by funding projects that reduce emissions in developing nations.

Over time, it became clear that many CDM projects lacked integrity. They didn’t reduce emissions beyond what would happen anyway.

Facing pressure from China and India, PACM negotiators decided to let CDM projects seek PACM approval until the end of 2025. This transition period was meant to prevent disruptions in the carbon credit market. However, experts worry that it opens the door for low-quality projects to flood the system before stricter PACM rules take effect.

According to an analysis by the NewClimate Institute, over 1,000 CDM projects have applied for PACM status, including:

  • Large-scale hydropower and wind energy projects that likely would have been built anyway, with or without carbon credit funding.
  • Methane capture projects in landfills, which may not meet stricter PACM rules on baseline emissions.
  • Cookstove projects, which have long been controversial due to questions about how much wood use they actually reduce.

The NewClimate Institute warns that if all these projects get PACM approval, hundreds of millions of carbon credits may flood the market. Their climate benefits are unclear. This could undermine trust in the PACM before it even becomes fully operational.

The video explains the transition from CDM to PACM:

First Project Approval: Myanmar Cookstove Initiative

The first PACM-approved project is in Myanmar. It’s a cookstove program that helps families use less firewood. This also lowers CO₂ emissions. By switching to these stoves, communities can slow deforestation and improve indoor air quality, reducing respiratory health risks.

Household cooking makes up 2-3% of global CO₂ emissions. This mainly comes from burning wood and charcoal. Improved cookstoves provide climate and health benefits. However, the Myanmar project has received criticism.

  • Calyx Global rated it Tier 3, the lowest quality category, due to concerns about inflated carbon savings.

The ratings company stated:

“Although the PACM may soon include stricter methodological requirements for GHG integrity of cookstove carbon credits, for now, GHG integrity – and especially over-crediting – remains a key concern at the project level.”

A big problem is the dependence on non-renewable biomass (fNRB) estimates. These estimates decide how much firewood reduction is claimed. Critics argue that project developers overestimated deforestation avoidance, exaggerating climate benefits. 

The Integrity Council for the Voluntary Carbon Market (ICVCM) recently rejected this methodology, raising further doubts about its credibility.

But Calyx Global also noted that the project’s rating can still go up to a Tier 1 rating if it delivers its promised reductions.

Calyx Global rating cookstove projects
Note: Illustration of how the majority of cookstove project ratings could improve if there was no over-crediting risk.

Concerns About PACM’s Credibility

The approval of the Myanmar project has raised concerns. Will the PACM deliver on its promise of high-quality carbon credits? The mechanism looks good on paper, but in reality, many low-quality projects might get approved. Stricter rules won’t start until 2026.

Carbon market experts say that giving PACM certification to these projects might hurt trust in the system. This could happen even before it is fully implemented. If buyers see that PACM credits are just as bad as old, low-quality CDM credits, the whole initiative might lose credibility.

To address these concerns, experts like Lambert Schneider from the Oeko-Institut suggest that carbon credit buyers should be extremely cautious when purchasing PACM credits. He advises companies to carefully check whether a credit comes from a transferred CDM project or a newly approved PACM project.

What Needs to Happen Next?

The PACM could become the gold standard for carbon credits. However, it must quickly tighten its rules. This will help stop low-integrity projects from flooding the market. Key areas for improvement include:

  • Stronger baseline rules to ensure reductions are calculated using reliable estimations.
  • More transparency in disclosing data on methodologies and impact.
  • Independent verification by 3rd-party auditors.

The Paris Agreement Crediting Mechanism represents a major step toward a more credible and effective carbon market. The next few years are key. They will decide if the PACM becomes a trusted source for carbon credits or just another place for dubious emissions reductions. 

The post UN Carbon Credit System Makes History With First Project Approval But Raises Concerns appeared first on Carbon Credits.

Top 3 Pure-Play Battery Stocks to Watch in 2025

/in /by

battery stock

What’s driving investment in battery stocks? Well, the global battery industry has surged since over a decade driven mainly by lithium-powered technology. EVs are no longer a futuristic idea—they are now mainstream.

Electric vehicles play a crucial role in reducing greenhouse gas (GHG) emissions. In 2021, plug-in EVs, including all-electric and plug-in hybrid models, prevented approximately 5.5 million metric tons of carbon dioxide (CO₂) emissions in the United States. This reduction is equivalent to removing over 1.1 million gasoline-powered cars from the road for a year.

What’s Fuelling Battery Stock Investment in 2025? 

With countries pushing for stricter emissions regulations and phasing out gasoline cars, advancements like this could accelerate the transition to electric transportation. Thus, innovations in battery technology will play an important role in making EVs more advanced, safe, and climate-friendly.

Solid-state batteries are emerging as a game-changer. They promise better performance for EVs, consumer electronics, and renewable grids.

Rising Demand for Battery Technology

Statista revealed data from Bloomberg that showed a rapid surge in demand for lithium-ion batteries in EVs and energy storage over the past decade. In 2010, the total demand was just 0.5 gigawatt-hours. By 2020, it had skyrocketed to around 526 gigawatt-hours.

  • This growth is set to continue, with projections reaching an astonishing 9,300 gigawatt-hours by 2030.
  • This increase means millions of new EVs, storage systems, and consumer devices worldwide.

battery demand

However, analysts say that this industry is a high-risk, high-reward space. In this guide, we’ll explore the top pure play battery stocks to invest in 2025. Keep reading.

QuantumScape: Leading the Solid-State Revolution

QuantumScape (QS) is at the forefront of solid-state battery technology. Based in California, this company is pioneering lithium-metal solid-state batteries with a unique ceramic separator.

With backing from Volkswagen and Bill Gates, the company aims to overcome the limitations of traditional batteries by improving energy density, charging speed, and safety.

Key innovations include:

  • Anodeless design – Eliminates the need for a conventional anode, reducing weight and increasing efficiency.
  • Ceramic separator – Enhances safety and stability compared to liquid electrolytes.

The company’s first commercial product, QSE-5, is set for larger sample deliveries in 2025, keeping them on track for commercialization.

QuantumScape battery stock
Source: QuantumScape

Notably, QuantumScape and PowerCo, a subsidiary of Volkswagen, signed a deal on July 11, 2024, to scale solid-state lithium-metal battery production. PowerCo can produce up to 40 GWh annually, with an option to expand to 80 GWh, which is enough to power about one million EVs per year.

Financials Performance

QuantumScape reported an adjusted EBITDA loss of $64.7 million for Q4 2024 and $285 million for the full year, staying within its forecast.

By the end of 2024, the company had $910.8 million in available funds, enough to support operations until the second half of 2028.

Sustainability Focus

Solid-state batteries could cut emissions in battery production by 40%, according to the European Federation for Transport and Environment (EFTE). QuantumScape’s anode-free design further reduces the environmental impact by eliminating lithium-metal foil manufacturing. By pioneering these technologies, the company is supporting the energy transition and a lower-carbon future.

QuantumScape ranks moderately well among high-growth battery stock investment opportunities. Stock experts reckon that while it offers strong potential, other stocks may deliver higher returns in a shorter period.

Solid Power: A Competitive Contender

Solid Power (SLDP) specializes in all-solid-state battery technology for electric vehicles. Unlike conventional lithium-ion batteries, Solid Power’s batteries use a sulfide solid electrolyte, making them safer, more stable at high temperatures, and potentially cheaper to produce.

Why Solid Power Stands Out

  • Pioneering sulfide-based solid electrolytes – The company produces the most advanced solid electrolytes at pilot scale.
  • Scalable production – Uses existing lithium-ion manufacturing infrastructure.
  • High-profile partnerships – Collaborates with BMW, Ford, and SK On to advance battery production.
solid power battery
Source: Solid Power

Financial Performance 

In 2024, Solid Power generated $20.1 million in revenue, up from $17.4 million in 2023. The growth is attributed to key partnerships and technology advancements. By 2028, the company expects to supply solid-state battery technology for 800,000 electric vehicles annually. This is a huge milestone in mitigating emissions.

Key goals for 2025 include:

  • Advancing electrolyte innovation and scaling up production.
  • Launching a pilot continuous electrolyte manufacturing line.
  • Expanding customer collaborations and increasing sample deliveries.

Solid Power may present significant growth potential, but its financial stability remains a concern. Therefore, investors should weigh the risks before committing.

Ilika Technologies: A Niche Player with Unique Strengths

Ilika Technologies (LON: IKA) is a UK-based company focusing on solid-state batteries for specialized applications, including MedTech, Industrial IoT, and Consumer Electronics. Unlike other players targeting EV batteries, Ilika’s strategy focuses on smaller, high-value markets.

The company has two product lines, namely, Stereax cells and Goliath large format cells. The former is used primarily to power miniature medical devices and industrial IoT. The latter targets the automotive industry and cordless consumer appliances.

battery ilika
Source: ilika

Environmental Commitment

The company prioritizes sustainability and has been assessing its annual carbon footprint since 2021. It has been implementing eco-friendly initiatives such as:

  • Zero waste to landfill
  • Renewable energy-powered facilities
  • Encouraging green commuting options

Additionally, Ilika has received a Green Economy Classification and Mark from the London Stock Exchange, signifying its contribution to sustainable technologies.

Still a Speculative Stock

Ilika remains a speculative stock, currently trading as a penny stock with a market cap under $50 million. However, its early focus on non-automotive applications could provide an advantage if solid-state batteries become standard across industries.

While QuantumScape and Solid Power aim to revolutionize EV batteries, Ilika is carving a niche in specialized markets. With countries phasing out gas-powered cars, the battery market is set to grow. Thus, investing in battery stocks looks promising.

However, investors should consider each company’s financial stability, technology roadmap, and market positioning before making a decision.

The post Top 3 Pure-Play Battery Stocks to Watch in 2025 appeared first on Carbon Credits.

Puro.earth Hits 1M Tonnes of Verified Carbon Removal – Exclusive Interview with President Jan-Willem Bode

/in /by

CDR

Puro.earth, the leading carbon-crediting platform for carbon dioxide removal (CDR), has issued over 1 million CO2 Removal Certificates (CORCs) since 2019. This represents 1 million tonnes of verified carbon removal. The company has played a key role in expanding the carbon removal market and advancing engineered solutions for climate action.

Reaching the first 500,000 CORCs took nearly five years, but the number doubled in just one year, reaching 1 million in Q1 2025. At this pace, Puro.earth expects to match this milestone again before the end of H1 2026.

How Does Carbon Dioxide Removal Work? 

In carbon dioxide removal the CO2 from the atmosphere is pulled and stored securely in geological formations, land, oceans, or durable products. This is a natural process.

But with emissions still rising, CDR needs fast scaling up to make a better impact. There are two main types of CDR methods:

  • Natural CDR: Includes afforestation, soil carbon sequestration, and ocean-based methods.
  • Technological CDR: Includes Direct Air Capture (DAC), biochar, and enhanced mineralization.

Permanence is key in carbon dioxide removal. High-quality CDR credits must keep CO₂ stored for centuries or even millennia. This prevents it from being released back into the atmosphere. This is where Puro.earth is helping companies achieve their CDR milestones.

  • In an EXCLUSIVE Discussion with CarbonCredits, Jan-Willem Bode, President of Puro.earth shared valuable insights on achieving this big milestone, meeting the highest environmental standards, and what’s next.

Read on…

CC: What factors contributed to the rapid growth of Puro.earth’s CO₂ Removal Certificates (CORCs) from 500,000 to over one million in just one year? 

President Bode: Our growth is the result of three reinforcing factors:

  • Low barrier to entry: Minimal upfront certification costs make it easy for suppliers to join the ecosystem.
  • Scalable revenue model: CORC sales provide suppliers with capital to reinvest and expand operations.
  • Methodology expansion: New methodologies unlock growth across multiple sectors simultaneously.

Moreover, this reaffirms the strong confidence in the market even while developments are still being made to the regulatory framework for engineering removals in general. These dynamics, combined with buyer demand, geographic diversification, and strong platform credibility, drive exponential momentum in high-integrity carbon removal.

CC: What are the implications of removing one million tonnes of CO₂ in terms of global climate goals, and how do you plan to sustain this momentum?

President Bode: Reaching one million tonnes of CO₂ removed is a significant milestone for Puro.earth and the carbon removal market as a whole. While it represents a small fraction of the reductions needed globally, it signals meaningful progress toward scaling high-integrity carbon removal in line with the Paris Agreement. 

More importantly, it demonstrates that durable carbon removal is no longer a concept of the future — it’s happening now and at scale. We plan to sustain and accelerate this momentum by continuing to grow our network of high-quality suppliers, expanding access to global markets for carbon removal, and fostering strong demand from corporate buyers committed to net zero. With increasing interest from climate-forward companies and support from visionary entrepreneurs and investors, we’re on track to issue our next one million CORCs by mid-2026.

Furthermore, we are seeing several important initiatives from our partners within this context. These initiatives focus on creating more liquidity in the market in the short term and more standardization in the medium term. 

CC: How does Puro.earth ensure the integrity and quality of the carbon removal credits issued through its platform?

President Bode: Puro.earth ensures the integrity and quality of its carbon removal credits through a science-based, transparent, and independently verified approach. Each CO₂ Removal Certificate (CORC) is issued according to methodologies grounded in robust quantification techniques, designed to meet the highest standards of environmental integrity.

Our methodologies are developed and continuously reviewed by an independent Advisory Board composed of leading scientists, academics, and carbon removal experts – including Advisory Board Chairman Professor Myles Allen, co-author of the Oxford Principles for Net Zero Aligned Carbon Offsetting, Oxford University. These methodologies set the criteria for what constitutes permanent, net-negative carbon removal.

Puro Registry Tracks Carbon Removal

Based on President’s insights, we explain the process further below:

The Puro Standard: Certifies suppliers that remove carbon dioxide from the atmosphere and store it for at least 100 years. It then issues CORCs and records them in the transparent Puro Registry.

The Puro Registry: It is transparent and shows active CORCs and the projects behind them. When organizations retire CORCs, they use them to support net-zero or carbon neutrality claims. Each CORC represents one metric ton of long-term CO2 removal.

They use CORC100+ and CORC1000+ labels to indicate estimated storage durability in years. However, these labels only provide general guidance rather than exact retention periods. Before December 2022, all CORCs carried a single label, regardless of storage duration.

Furthermore, independent auditors verify each project every year to ensure compliance with Puro Standard’s science-based methods.

Scaling Carbon Removal with Proven Methods

Puro.earth pioneered carbon removal certification for biochar, carbonated materials, biomass storage, enhanced rock weathering, and geologically stored carbon. These methods capture CO2 using Direct Air Capture (DAC) and Bioenergy with Carbon Capture & Storage (BECCS).

Unlike traditional carbon offsets, which focus on reducing emissions, CORCs represent direct carbon removal. The Puro Registry updates its data daily. However, it only releases data from before January 2022 if both parties agree. Beneficiaries can request a delay in publication, but only for up to 12 months.

The company’s 1 million CORCs (52.13% already retired) account for 576,561 metric tons of CO2 removed. Two key methodologies drive this milestone:

  • Geologically Stored Carbon (34.3%) – DACCS and BECCS offer reliable, long-term storage.
  • Biochar (34.1%) – A scalable solution that locks carbon into stable materials.

The United States leads in carbon removal projects, contributing 45% of total issuances. Finland (9.87%), Bolivia (9.64%), and Brazil (9.15%) follow, along with Austria, Norway, and the UK.

Rising demand for high-impact carbon removal continues to drive growth in the CORC market, with buyers seeking scalable solutions for long-term sustainability.

carbon removal credits

Tech Giants Drive Carbon Removal Growth

CDR credits let companies and governments balance their emissions. They do this by funding projects that actively remove CO₂. CDR credits are different from traditional carbon offsets.

Microsoft, Google, and Frontier Buyers have led the early-stage carbon removal (CDR) market, according to CDR.fyi leaderboards. Their investments have reduced risks for new CDR technologies and helped suppliers scale up their operations.

  • Microsoft accounted for 63% of total CDR purchase volume in 2024 to achieve carbon negativity by 2030. The tech giant secured around 5.1 million metric tons of durable CDR credits.
  • Google purchased about 501 thousand tons of CDR credits, making it second to Microsoft.
  • Frontier buyers—including Stripe, Shopify, and Watershed—continued to support promising carbon removal projects, collectively purchasing 667.4K tonnes of CDR credits.

Top Buyers of Puro.earth’s CORCs to Offset Emissions

The press release highlighted that Microsoft, Shopify, and Zurich Insurance purchase CORCs to reduce their carbon footprints and combat climate change.

In 2021, Nasdaq acquired a majority stake in Puro.earth. Together, they are advancing the carbon removal industry by creating new revenue streams that accelerate CDR adoption.

Experts predict that high-emission industries like aviation, concrete, steel, shipping, and chemicals will drive the next wave of demand. Some companies in these sectors have already acted.

Notably, SkiesFifty and Gigablue, a Puro.earth supplier, signed a four-year deal to buy 200,000 tonnes of carbon removal credits.

Puro.earth’s issuance of over 1 million CORCs shows strong growth and effectiveness in engineered carbon removal technologies. This milestone highlights the rising demand for reliable carbon credits. It also shows the platform’s promise to be open and responsible in the carbon market.

The post Puro.earth Hits 1M Tonnes of Verified Carbon Removal – Exclusive Interview with President Jan-Willem Bode appeared first on Carbon Credits.

Google’s Carbon Credit Expansion with Frontier’s $33M Bet on Rock Weathering

/in /by

Google is making another major move in carbon removal by participating in Frontier’s $33 million offtake agreement with Eion Carbon. This deal plans to cut about 79,000 tons of CO₂ by 2030. It uses enhanced rock weathering (ERW), a natural way to boost carbon absorption in rocks.

Reilly O’Hara, Program Manager, Carbon Removal at Google, remarked on this deal, noting:

“This deal isn’t just about removing CO2 – it’s also about building a robust, transparent understanding of enhanced weathering’s potential. By integrating with existing agricultural systems and prioritizing data sharing, Eion will help pave the way for scalable, impactful climate solutions.” 

What is Enhanced Rock Weathering?

Eion deploys olivine, a fast-weathering rock, on Southern and Midwestern United States farmlands. This method permanently captures CO₂ while improving soil health and crop yields.

ERW stands out from traditional carbon capture methods. It fits easily into current farming practices, making it a cost-effective and scalable solution.

ERW involves spreading crushed silicate rocks, like olivine, onto farmland. When these rocks interact with rainwater, they absorb CO₂ from the air, converting it into a stable form stored in the soil or washed into the ocean.

  • Research shows that spreading crushed silicate rocks on U.S. farms could capture 0.16 to 0.30 gigatons of CO₂ each year by 2050.

Atmospheric CDR by Enhanced Weathering with US Agriculture

Source: Nature

Eion’s research extends beyond carbon capture. The company is conducting deep soil core measurements to better understand how rock-soil interactions influence carbon storage. This data will be made public, advancing the entire field of enhanced weathering.

Eion carbon removal
Source: Eion

Visit the company’s website here to learn about its step-by-step ERW processes and how they ensure each carbon credit represents real reductions.

Farming Meets Climate Tech: The Unexpected Perks for Agriculture

Agriculture plays a significant role in both emitting and removing carbon. Soil carbon sequestration, biochar, and enhanced rock weathering are emerging as promising techniques to make farming better for the climate.

  • Soil Carbon Sequestration. Certain farming practices, like no-till farming and cover cropping, can store carbon in the soil for decades. These methods can absorb up to 5 gigatons of CO₂ annually, according to the IPCC.
  • Biochar. This charcoal-like substance, made from plant waste, locks carbon into the soil while improving fertility.
  • Enhanced Rock Weathering (ERW). By applying reactive minerals like olivine to farmland, ERW offers a dual benefit—capturing CO₂ while enhancing soil productivity.

Benefits for Farmers

Farmers in the Southern and Midwestern U.S. are choosing Eion’s olivine-based product over traditional agricultural lime. This substitution offers several advantages:

  • Cost-Effective: Revenue from selling carbon removal credits allows Eion to offer its product at a lower price than conventional lime.
  • Soil Improvement: Olivine helps neutralize acidic soils, enhancing plant growth and increasing crop yields.
  • Environmental Impact: By integrating ERW into their practices, farmers contribute to reducing atmospheric CO₂ levels, playing a direct role in combating climate change.

The Role of Frontier

Frontier is a group that includes Google, Stripe, and Shopify. It helps invest in carbon removal technologies. Frontier pools resources to back innovative solutions, such as Eion’s ERW. This helps speed up their development and deployment. This collaborative effort underscores the importance of joint action in addressing climate change.

Google’s investment in ERW through Eion supports the transition toward carbon-smart agriculture. This approach could transform the agricultural sector into a major carbon sink, helping offset emissions from other industries.

Beyond Offsets: Google’s History of Carbon Removal Efforts 

Google has long been a leader in sustainability and carbon reduction. Since 2007, the company has been carbon-neutral, meaning it offsets all of its emissions by purchasing carbon credits. Here are its major carbon removal deals:

Google contracted rarbon removal portfolio
Source: Google

In 2020, Google promised to run on 100% carbon-free energy by 2030. This goal aims to cut emissions from its data centers and offices completely. Past and ongoing initiatives include:

  • Investment in Renewable Energy – Google has signed power purchase agreements (PPAs) to build solar and wind farms worldwide.
  • Direct Air Capture (DAC) – Google has previously supported carbon removal technologies like DAC, which captures CO₂ directly from the atmosphere.
  • Forest Conservation Projects – The company has funded reforestation efforts to absorb CO₂ and restore ecosystems.
  • Carbon Removal Credits – Google has backed early-stage carbon credit markets, supporting projects that remove CO₂ from the atmosphere.

Google carbon removal purchases ERW

The Frontier-Eion deal is part of Google’s broader commitment to carbon removal. This initiative removes CO₂ permanently, unlike traditional offsets. It fits well with Google’s long-term climate strategy.

Google’s Climate Strategy

Google aims to achieve net-zero emissions across its operations and supply chain by 2030. Now, it aims to eliminate emissions completely instead of just offsetting them.

Google carbon emission reductions 2023 progress
Source: Google

A key goal is running on 100% carbon-free energy (CFE) 24/7 by 2030. Currently, 64% of Google’s energy use is matched with clean sources, with some regions exceeding 90%. The tech giant has also signed 80+ renewable energy deals, totaling over 9 GW of clean energy capacity.

Google has invested $200 million in early-stage carbon removal projects. The company is pushing suppliers to adopt clean energy. It is also using AI to boost energy efficiency in its data centers.

These efforts position Google as a leader in corporate climate action, setting a standard for net-zero goals worldwide.

Carbon Capture at Scale: The Challenges and Opportunities Ahead

While ERW presents a promising avenue for carbon removal, several challenges remain. Using ERW on a large scale needs careful planning. This includes sourcing, transporting, and applying large amounts of crushed rock.

Also, accurately quantifying the amount of CO₂ removed through ERW is complex. Ongoing research aims to develop robust monitoring, reporting, and verification (MRV) frameworks to ensure transparency and effectiveness.

Lastly, reducing the costs associated with ERW is essential for widespread adoption. New methods in mining, grinding, and application can boost economic viability. 

As climate issues increase, big tech firms like Google are stepping up to manage their emissions. Its partnership with Eion through Frontier’s $33 million offtake deal marks a major advancement in carbon removal. This deal highlights the importance of high-quality, verifiable carbon removal solutions. It also underscores the potential for agriculture to play a key role in climate action. 

With Google’s leadership, enhanced weathering and other carbon removal technologies could scale up to remove millions of tons of CO₂ in the coming years. As the voluntary carbon market grows, initiatives like this will be crucial in the fight against climate change and the journey toward a net-zero future.

The post Google’s Carbon Credit Expansion with Frontier’s $33M Bet on Rock Weathering appeared first on Carbon Credits.

Oklo Advances Its Nuclear Reactor Licensing Despite $73.6M Net Loss

/in /by

oklo

Oklo’s earnings took a hit as the company reported a net loss of $73.6 million for 2024. The majority of it came from a $52.8 million operating loss. The company’s stock dropped after the report, but analysts stressed that its long-term vision matters more than the numbers. However, the company’s nuclear endeavors continue to shine.

It’s working with the U.S. Nuclear Regulatory Commission (NRC) to prepare for its upcoming license application to advance its nuclear technology.

oklo earnings
Source: Oklo

As part of this process, the NRC will review Oklo’s licensing materials in advance through a Pre-Application Readiness Assessment. This step helps both Oklo and the NRC get ready for a smoother and more efficient approval process for the Aurora Powerhouse at Idaho National Laboratory.

Oklo Advances Regulatory Approvals for Aurora Reactor

Oklo has been working with the NRC since 2016 to navigate the regulatory path for its advanced reactors. The company has already secured approval for its quality assurance program and made progress in areas like safety analysis, environmental planning, and operational procedures.

The company plans to submit its formal COLA later in 2025, with more applications in the pipeline. The license will cover the design, construction, and operation of the Aurora Powerhouse at INL.

Notably, Oklo aims to have its first Aurora powerhouse up and running by late 2027. The company secured over 14 GW in power orders, which indicates a strong demand for its nuclear technology.

NRC Readiness Assessment Starts in March 2025

The NRC will start reviewing Oklo’s plans in late March 2025. In this first step, they’ll see where the project’s location and its impact on the environment. By sorting out these important details early, Oklo can make the approval process smoother and faster.

The press release also revealed that under the 2024 ADVANCE Act, the NRC is making it easier for nuclear companies to get licenses. A big change is coming—a 55% cut in licensing fees, making the process more affordable. This new pricing will start from October 1, 2025.

Launching Its First Commercial Reactor in Idaho

On March 20, Oklo announced the launch of its first commercial powerhouse in Idaho. The company signed a MoA with the U.S. DOE and an Interface Agreement (IAG) with Idaho National Laboratory (INL). These agreements ensure Oklo follows all environmental rules while preparing the site.

It has been working closely with INL and DOE to get ready for site investigations. This includes cultural and biological surveys in partnership with the Shoshone Bannock Tribes.

DeWitte further confirmed that these agreements push them forward in building their first advanced fission powerhouse. He added that Oklo is committed to smooth and sustainable development.

Oklo’s Aurora Reactor Sets New Standards in Clean Energy

Oklo provides clean energy 24/7 to data centers, factories, industrial sites, communities, and defense facilities. It supplies heat and power through power purchase agreements.

The Aurora Powerhouse will deliver reliable, clean energy to customers and will use recycled fuel made at the Aurora Fuel Fabrication Facility. The facility will process recovered nuclear material from the EBR-II reactor into fuel for the nearby Aurora Powerhouse.

  • It can generate 15 MWe, scale up to 50 MWe, and operate for over a decade before needing refueling.

The fission pioneer also explained that they use advanced recycling techniques to keep transuranic materials together as fuel. This avoids the need to create pure material streams, which is a unique feature of fast reactors.

Notably, it’s the only company that has secured fuel for its first commercial advanced nuclear power plant.

Oklo has also developed the Radioisotope Production Facility, Atomic Alchemy with INL. This facility produces essential radioisotopes for critical and life-saving applications, strengthening the U.S. commercial supply chain.

The facility also extracts valuable radioisotope byproducts from the waste stream of Oklo’s fuel recycling process.

U.S. Nuclear Generation and Generating Capacity

As more power-hungry AI-driven data centers emerge, utilities are increasingly looking at nuclear power for grid reliability. Governments and private firms, including the big techs are investing in advanced nuclear reactors and small modular reactors (SMRs) to scale nuclear capacity efficiently.

The post Oklo Advances Its Nuclear Reactor Licensing Despite $73.6M Net Loss appeared first on Carbon Credits.

Lithium Market Insight 2025: Price Recovery, EV Demand, and the Future of Extraction – Exclusive Interview

/in /by

Lithium Market Insight 2025: Price Recovery, EV Demand, and the Future of Extraction – Exclusive Interview

The lithium market is undergoing significant changes as demand for electric vehicles (EVs) and energy storage solutions continues to rise. This soft, silvery-white metal remains at the center of the global clean energy transition. 

Let’s uncover the major market trends according to experts and significant insights shared by the head of a lithium extraction company in an exclusive interview. 

Lithium Market Trends from CERAWeek 2025

At CERAWeek 2025, industry experts highlighted key trends shaping the lithium market. Experts noted that while lithium demand remains high due to EVs and energy storage systems, the market has seen volatility. 

Lithium prices in China fell from $76,000 per ton in early 2023 to about $23,000 per ton by year’s end. This drop raised worries about supply chain stability.

One of the most pressing concerns is the lack of a strong domestic lithium supply chain in the United States. Experts say that 77% of graphite for lithium-ion batteries comes from China. Overall, 53% of the US’s graphite imports since 2023 are from China. This highlights the need to diversify supply. 

graphite from China to US
Source: S&P Global
  • Battery production drives lithium demand. In 2023, global lithium consumption hit 180,000 tons. This marks a 27% rise from last year.

S&P Global Market Intelligence and Commodity Insights predict that lithium supplies will remain in surplus until 2032. However, as of Q4 2024, the U.S. still relies heavily on imports, with most of its lithium coming from Chile and Argentina.

lithium imports 2024
Source: S&P Global

Industry leaders at the conference stressed the importance of new extraction technologies to meet future demand. An expert noted that lithium-metal batteries are 10x more powerful than lithium-ion batteries. This could change the game. They highlighted how waste lithium metal from industry could help build a circular supply chain.

Scalability remains a significant challenge, however. Companies are putting money into resource validation projects. They’re also expanding lithium extraction facilities to produce 20,000 tons each year.

The focus is now on producing lithium at a large scale. The aim is for sustainable sourcing methods to keep the lithium market stable in the long run. These insights reinforce the need for technological advancements, government support, and recycling initiatives to build a more resilient lithium industry.

This is where the unique technology of a company promising to optimize lithium production and make it eco-friendly comes in. 

François-Michel Colomar, Head of International Development at Adionics, shares insights on lithium extraction. He discusses challenges and opportunities, pricing trends, and how new technologies shape the industry’s future.  

What Factors Drive the 2025 Lithium Market Recovery?

After a turbulent 2024, the lithium market is showing early signs of recovery in 2025. Colomar attributes this rebound to the increasing demand from EV manufacturers and energy storage providers. 

François-Michel Colomar: “As global policies push for electrification and clean energy adoption, the need for lithium continues to grow. Furthermore, advancements in extraction technologies, such as Direct Lithium Extraction (DLE), are improving efficiency and reducing environmental impact. These technological improvements, combined with increased investments in domestic lithium production, are helping stabilize the market.”

Despite past price corrections, Colomar remains optimistic about sustained growth, driven by ongoing investments in sustainable lithium production.

Lithium Price Projections and Market Forces

Looking ahead, lithium prices are expected to climb to between around $15,000 and $20,000 per ton by 2028. Colomar provided insights into what key market forces will contribute to this growth. 

François-Michel Colomar: “The projected price increase of lithium is largely driven by the rising demand for EV batteries and energy storage solutions. Global lithium consumption is expected to surpass supply in the coming years, putting upward pressure on prices. 

He also highlights the role of efficient and sustainable extraction technologies in stabilizing the market while meeting increasing demand. The push for local lithium production and recycling initiatives will be crucial in reducing reliance on traditional mining operations.

The Role of New Extraction Technologies

Innovative extraction technologies are revolutionizing the lithium industry, offering more sustainable and cost-effective alternatives to traditional methods. One such advancement is DLE, which allows for selective lithium extraction with minimal environmental impact.

François-Michel Colomar: “Unlike traditional lithium mining, which relies on evaporation ponds and hard rock mining, DLE offers a more efficient and environmentally friendly alternative. It allows for higher lithium recovery rates, reduces water usage, and minimizes ecological disruption. At Adionics, our technology achieves lithium recoveries of up to 98%, making it a game-changer in sustainable lithium production.”

Adionics’ Position in the Lithium Industry

Adionics is playing a key role in advancing sustainable lithium production and battery recycling. Its technology enables the extraction of high-purity lithium from battery black mass, addressing a major challenge in the recycling process. 

Colomar emphasized their unique position in the broader lithium and battery recycling landscape.

François-Michel Colomar: “By providing a domestic alternative to overseas processing, we are strengthening the local supply chain and reducing dependence on newly mined lithium. Our approach supports a truly circular economy, ensuring that lithium resources are efficiently reused.”

Impact of EV Demand on Lithium Supply and Pricing

With global EV sales projected to reach 54.7 million units by 2030, the demand for lithium is expected to soar. Colomar predicts that this surge will create supply chain pressures, potentially leading to price fluctuations.

global EV - electric vehicle sales

François-Michel Colomar: “The rapid expansion of the EV market will undoubtedly put pressure on lithium supply chains. While increased production capacity and improved extraction methods will help balance supply and demand, the industry must also focus on recycling to supplement primary lithium sources. We anticipate some price volatility, but long-term trends indicate continued growth in lithium prices as demand outpaces supply.”

However, advancements in extraction technologies and recycling capabilities will help mitigate these challenges.

The Importance of Lithium Recycling

Recycling lithium is crucial in addressing supply chain constraints and reducing environmental impacts. Tofanni highlighted this while detailing how their technology helps in this way.

François-Michel Colomar: “With demand projected to exceed supply by 2029, recycling offers a way to recover valuable materials and reduce reliance on newly mined lithium. Adionics’ technology allows for high-purity lithium extraction from recycled batteries without producing toxic waste. This advancement is crucial in creating a closed-loop system where lithium can be reused efficiently.”

Balancing Rapid Lithium Production with Sustainability

The lithium industry faces the challenge of balancing rapid production with sustainable practices. Colomar emphasizes the need for efficient extraction technologies that minimize environmental harm.

François-Michel Colomar: “Sustainability must be a top priority. Technologies like DLE provide a solution by allowing for high lithium recovery rates without the negative environmental impact of traditional mining.”

Adionics’ lithium extraction process boosts recovery rates and purity. It also cuts water use and removes toxic by-products. These innovations enable the industry to scale up production while maintaining environmental responsibility.

Future Trends in the Lithium and Battery Industry

Looking beyond 2030, Colomar foresees major shifts in the lithium and battery industries. 

François-Michel Colomar: “First, we expect a greater emphasis on recycling and circular economy practices. Second, advancements in battery technology, such as solid-state batteries, could reduce reliance on lithium-ion cells. Lastly, the industry will see increased efforts to localize lithium supply chains, reducing geopolitical risks and ensuring stable access to this critical mineral.”

Adionics is at the forefront of these changes, driving innovation in lithium extraction and recycling. 

Lithium’s Role in the Clean Energy Transition

Lithium remains a key enabler of the clean energy transition, powering EVs and energy storage systems. As the world moves toward net-zero emissions, lithium demand will continue to grow.

François-Michel Colomar highlights the importance of integrating sustainable extraction and recycling methods to ensure a reliable lithium supply. By investing in innovative technologies, the industry can support the global shift to clean energy while minimizing environmental impacts.

The 2025 lithium market presents both challenges and opportunities. Rising demand, evolving extraction technologies, and a growing focus on sustainability will shape the industry’s future.

The post Lithium Market Insight 2025: Price Recovery, EV Demand, and the Future of Extraction – Exclusive Interview appeared first on Carbon Credits.

U.S. Copper Rush: Imports Flood in and Prices Soar as Trump Tariff Looms

/in /by

COPPER

Copper prices surged on Monday as traders anticipated the outcome of potentially high U.S. import tariffs. The three-month copper price on the London Metal Exchange (LME) climbed to $9,925 per metric ton, building on last week’s gains after reaching a five-month high.

As per Bloomberg, Mercuria revealed that around 500,000 tons of copper are now headed to U.S. ports—much higher than the usual 70,000 tons per month. This spike is directly linked to expectations of new tariffs.

Bloomberg: Copper Prices Soar on Trump Tariff Speculation

Bloomberg said that copper futures on the London Metal Exchange jumped 1.9%, crossing $10,000 per ton. In New York, copper prices on Comex climbed 1.4% close to a record high before dropping back.

Since January, Comex prices have surged past international benchmarks as traders bet on U.S. import tariffs. On Monday, the price gap hit a new record of over $1,400 per ton, surpassing February’s peak after Trump announced a Commerce Department investigation into possible tariffs.

copper price
Source: Bloomberg

Explaining further, this investigation into copper imports is fueling market uncertainty. With new tariffs expected on April 2, traders are remaining cautious. This shift in supply could push prices to record highs while creating shortages in China and other markets.

Reuters highlighted Kostas Bintas, former co-head of metals at Trafigura Group, predictions on copper. He warned that global supplies could tighten sharply. Similarly, Goldman Sachs predicts that U.S. copper imports could rise by 50% to 100% in the coming months as buyers rush to secure material before tariffs hit.

Impact on the Economy

The rush of copper imports and looming tariffs could reshape industries worldwide. Here’s what industry pundits are expecting:

  • Record Prices: With 500,000 tons of copper flooding the U.S., prices could surpass $10,000 per ton. This would raise costs for construction, electronics, and electric vehicles.
  • U.S. Economic Shift: The government aims to boost domestic copper production, reducing reliance on foreign metals. This could help U.S. mining and manufacturing but also raise domestic costs.
  • Higher Inflation: Rising copper prices would increase production costs, leading to inflation across multiple sectors. Consumers already facing high living costs may feel the strain.
  • Global Supply Chain Issues: With more copper heading to the U.S., shortages could hit China, the world’s largest copper consumer. This could disrupt industries reliant on steady copper supplies.
  • Investment Changes: Companies might stock up on extra copper or look for other materials to avoid the impact of price changes. This uncertainty could lead to more investment in U.S. copper production and new alternatives.

What’s Behind the Copper Crunch?

Experts predict a 320,000-ton copper supply deficit in 2025 as demand outpaces supply. A sharp drop in U.S. copper scrap exports—crucial for a third of global production—is worsening the shortfall.

The U.S. is increasingly relying on imports to sustain the production of copper which is a highly critical metal for EVs, military tech, semiconductors, and consumer goods. Meanwhile, demand is soaring due to the rise of EVs, AI advancements, and renewable energy expansion.

Furthermore, China, setting a 5% GDP growth target, is rolling out stimulus measures to boost domestic consumption, further intensifying copper demand. Copper futures surged 12% as traders speculated that the U.S. might impose tariffs on base metal imports. In response, suppliers rushed shipments to America while tightening supply at other places.

RioTimes revealed an interesting point made by Nick Snowdon, head of metals research at Mercuria. He called this trend an “under-appreciated shock” to global markets.

Rio Tinto Bets on U.S. Copper

Amid all these developments, WSJ reported that Rio Tinto plans to expand its copper investments in the U.S. It operates the Kennecott copper mine in Utah and owns a majority stake in the Resolution Copper project in Arizona.

The company sees new opportunities after President Trump signed the executive order to speed up permitting and boost government funding for mineral projects.

Katie Jackson head of the company’s copper business confirmed this news by noting,

“We have a strong desire to invest more in the U.S., particularly in copper,” 

Copper Demand and Supply Forecast

Copper demand is set to rise sharply due to the clean energy transition.

IEA projects, cleantech applications, such as EVs and renewable energy, will drive demand from 5,380 kt in 2021 to 16,343 kt in 2040. Meanwhile, traditional uses like construction and electrical wiring will remain stable, reaching 20,036 kt by 2040.

Recycled copper supply will exceed double, from 4,123 kt in 2021 to 10,006 kt in 2040. Despite this growth, mining will still play a key role, with primary supply requirements peaking at 25,249 kt in 2030 before stabilizing.

The rising demand and supply chain concentration, primarily from China, might push for diversified sources and expanded recycling efforts.

copper demand and supply
Source: IEA

BHP, the largest mining company, predicts that copper demand from the energy transition sector will rise from 7% to 23% by 2050, according to a Kitco report.

  • Copper demand from the digital sector, including data centers, 5G, and AI, is also set to grow from 1% (current) to 6% by 2050.
  • Copper use in transportation will increase from 11% in 2021 to 20% by 2040. This rise is due to more electric vehicles on the road.
copper demand
Source: BHP

On the supply side, BHP highlighted a major challenge. The average copper ore grade has dropped by about 40% since 1991. In the next ten years, half of the world’s copper supply will face problems. Aging mines and lower ore quality will be major issues.

  • More significantly, the mining giant estimates that the industry will need $250 billion in new investments to close the growing gap between supply and demand.

BHP’s chief commercial officer Rag Udd.

“As we look towards 2050, we foresee global copper demand increasing by 70% to reach 50 million tonnes annually. This will be driven by copper’s role in both current and emerging technologies, as well as the world’s decarbonization goals.”

The U.S. is rushing to import copper ahead of possible tariffs, but the impact goes beyond supply relief. Higher prices, global supply chain disruptions, and shifting economic strategies could follow. Businesses and investors must stay ready for what’s next.

The post U.S. Copper Rush: Imports Flood in and Prices Soar as Trump Tariff Looms appeared first on Carbon Credits.

Are EVs Truly Green? How Battery Recycling is Powering a Cleaner Future

/in /by

battery recycling

Recycling helps recover valuable materials, cut waste, and support clean energy. With stricter sustainability rules, governments are pushing for greener solutions. EV companies are also focusing on battery recycling. This helps lower supply chain emissions and cut their carbon footprint.

Thus, battery recycling has become essential for a greener future. We have studied the Lithium-ion battery recycling report by the Chemical Abstracts Service aka CAS (a division of the American Chemical Society) and Deloitte. It provides insights into key growth drivers, emissions impact, and the current and future outlook of the market. Let’s dive in!

What’s Driving the EV Battery Recycling Market?

EV batteries have valuable metals, such as lithium, cobalt, and nickel. However, getting rid of them is difficult and this is where recycling comes in use. Thus, the rising need for these energy metals is the key driver for the EV battery recycling market.

This approach reduces waste, conserves resources, and supports a more sustainable supply chain. As demand for EVs grows, so does the need for efficient battery recycling to lessen reliance on mining.

Notably, strict environmental rules are also driving manufacturers to adopt greener practices. Advancements in recycling technology are helping recover more metal. This makes the process cheaper and better for businesses. On a global scale, many countries are promoting a circular economy.

                        Supply and demand gap for critical minerals

supply and demand critical minerals
Source: IEA Global Critical Minerals Outlook 2024, Deloitte research

Asia-Pacific Leads in Battery Recycling

In 2023, Asia-Pacific led the battery recycling market. High EV adoption in China, Japan, and South Korea increased demand for recycling. The region produces many end-of-life batteries as a major EV and battery manufacturer.

Strong government support, incentives, and environmental awareness are driving growth. Investments in recycling technology and infrastructure further strengthen the region’s lead. This is evident from more patents than research papers.

Geographical distribution of publications in the field of lithium-ion battery (LIB) recycling

China battery recycling
Source: CAS Content Collection

The Top Player: Brunp Recycling Technology

China’s Brunp Recycling Technology, a subsidiary of CATL, is a top player in battery recycling. The company focuses on four major areas of battery material development:

  • Ultra-High Nickel: Increases nickel content while reducing cobalt to boost battery capacity.

  • High Voltage: Raises the charging voltage limit while maintaining safety and performance.

  • Intelligent Management: Uses digital tools and smart systems for efficient operations.

  • Emerging Materials: Develop new materials for various applications, continuously improving energy density.

These advancements help improve battery performance, efficiency, and sustainability. Notably, Japan’s Sumitomo Metal Mining follows as another key company in this field.

Global Regulations Powering Battery Recycling

Governments are tightening laws to improve battery recycling. Policies like Extended Producer Responsibility (EPR) require manufacturers to handle waste management. EPR makes producers responsible for collecting and recycling their lithium-ion batteries. This encourages sustainable manufacturing and proper disposal.

New rules in the EU, U.S., and Asia are shaping the industry:

China’s Leadership

China introduced key recycling laws as early as 2016. In 2018, the Ministry of Industry and Information Technology (MIIT) set strict rules for battery handling, recycling traceability, and technical standards. The 2020 Solid Waste Pollution Law stopped waste imports and boosted recycling. Also, the Circular Economy Development Plan (2021-2025) prioritizes battery reuse. In 2024, MIIT suggested new standards for recycling waste batteries. They are now being reviewed.

EU Regulations

In 2023, the EU launched New Battery Regulations. These rules address the whole lifecycle of batteries, from design to end-of-life. By 2027, manufacturers must recover 50% of lithium from old batteries and 80% by 2031. Companies need to track their batteries’ carbon footprint and meet recycling content targets by 2025. Additionally, by 2027, a digital battery passport will improve transparency and traceability.

U.S. Policies

The Environmental Protection Agency (EPA) regulates lithium-ion battery (LIB) recycling under the Resource Conservation and Recovery Act (RCRA). In 2023, the U.S. issued federal guidelines clarifying how hazardous waste laws apply to LIBs. The EPA plans to introduce a dedicated LIB recycling policy by mid-2025.

India and South Korea are working on policies to support LIB recycling.

Making EVs Greener: Decarbonizing the Battery Supply Chains

The report has highlighted the most critical information on EVs. EVs have no tailpipe emissions. However, making their batteries does create a lot of carbon emissions.

  • Lithium-ion battery production accounts for 40-60% of an EV’s total emissions. 

Top automakers are now focusing on sustainable sourcing and recycling. As EV demand rises, battery recycling will be crucial for cutting carbon footprints and securing raw materials. And this is why regulators and investors are also pushing for cleaner supply chains.

Slashing Emissions and Saving Resources

Recycling lithium-ion batteries is much better for the environment than mining new metals. A study from Stanford University, published in Nature Communications, found that recycling creates less than half the emissions of traditional mining. It also uses only one-fourth of the water and energy.

The benefits are even bigger when recycling scrap from manufacturing. Scrap-based recycling created just 19% of the emissions, used 12% of the water, and needed only 11% of the energy compared to mining. Using less energy also means fewer air pollutants. So, battery recycling is a cleaner and smarter choice.

  • The study concluded that recycling reduces greenhouse gas emissions by 58–81% and cuts water use by 72–88%.

The CAS report also published a 2023 study by Fraunhofer IWKS that evaluated the life-cycle environmental impact of three major battery recycling methods- Pyrometallurgy, Hydrometallurgy, and Direct recycling. The two significant deductions are:

  • Recycling 1 kg of lithium batteries can reduce carbon emissions by 2.7 to 4.6 kg CO₂ equivalent.
  • Direct recycling is the most effective method for the environment.

      Life-cycle environmental impacts of different recycling routes of LIBs

battery recycling carbon emissions
Source: Fraunhofer IWKS, CAS report

Making Battery Recycling Profitable

Battery recycling has three phases: high-cost investment, break-even, and strong profits. Initially, recyclers invest heavily to set up facilities and meet regulations.

They can start making money by cutting costs, recovering valuable metals, and reducing waste. Costs depend on transport, labor, battery design, and recycling methods. Recyclers can stay profitable by automating tasks, lowering transport costs, and using advanced technology.

Batteries with valuable metals like cobalt and copper, such as NMC and NCA, offer quick returns. In contrast, LFP batteries provide better long-term benefits when reused before recycling.

Choosing the right recycling method—pyrometallurgy, hydrometallurgy, or direct recycling—can boost efficiency. Studies show recycling offers environmental benefits worth $3 to $11 per kWh. However, this also depends on carbon pricing and market trends.

                              Net recycling profit comparison

battery Recyling
Source: Laura Lander, 2021

Subsequently, recyclers should focus on improving their processes. They also need to form partnerships to strengthen their business.

The Future of Battery Recycling: Turning Challenges into Opportunities

Battery recycling faces hurdles like high costs, complex processes, and inefficient collection. Various battery designs and hazardous materials add further challenges. New technology, digital tools, and teamwork in the industry are making recycling cheaper and easier.

Polaris Market Research reports the EV battery recycling market was $8.89 billion in 2023. It is set to grow from $11.09 billion in 2024 to $65.71 billion by 2032, with a 24.9% annual growth rate.

battery recycling

Digital Tools Improve Efficiency

Traditional recycling relies on slow, expensive, and unsafe manual processes. Digital tools are transforming this by tracking materials, automating sorting, and improving disassembly. These innovations enhance efficiency and help companies comply with strict regulations, reducing legal risks.

For example, digital twins optimize processes, blockchain ensures traceability and cloud platforms enable real-time tracking. Umicore uses AI and cloud solutions. CATL, on the other hand, uses blockchain to track materials.

Similarly, companies like Redwood Materials, BYD, and Toyota use AI to predict optimal recycling timelines.

The Power of Industry Collaboration

The disrupted supply chain remains a major challenge. In China, only 25% of retired EV batteries go through formal recycling channels. Companies are making batteries easier to recycle. They are also working together in the supply chain to solve this issue.

In October 2023, Stellantis and Orano teamed up to recycle EV batteries and factory scrap in Europe and North America. Such collaborations are driving a more sustainable and scalable battery recycling industry.

Similarly, last December Li-Cycle Holdings Corp. resumed its collaboration with Glencore International AG, (a subsidiary of Glencore plc). Both companies will evaluate the feasibility of building a new Hub facility in Portovesme, Italy that could potentially produce critical battery materials such as lithium, nickel, and cobalt from recycled battery content.

The post Are EVs Truly Green? How Battery Recycling is Powering a Cleaner Future appeared first on Carbon Credits.

Greenpeace Faces $660 Million Verdict: A Turning Point for Climate Action?

/in /by

Greenpeace Faces $660 Million Verdict: A Turning Point for Climate Action?

Greenpeace is facing a $660 million lawsuit by Energy Transfer Partners. The verdict is more than a legal case; it could change the climate movement significantly. The lawsuit came from Greenpeace’s involvement in the protests against the Dakota Access Pipeline (DAPL). This project has been controversial for its environmental and social effects.

The talk about the verdict often centers on free speech. But its wider effects on climate activism and the fight against fossil fuels mustn’t be overlooked.

The Dakota Access Pipeline and Its Climate Impact

The Dakota Access Pipeline is 1,172 miles long. It has sparked many environmental protests since it was built. The pipeline transports crude oil from North Dakota to refineries in other parts of the country.

Dakota Access Pipeline
Source: Wikipedia

Environmentalists say this project worsens climate change. It helps with fossil fuel extraction and burning. The Standing Rock Sioux Tribe and other activists opposed the pipeline. They feared oil spills could contaminate water sources and harm ecosystems.

Fossil fuel projects like DAPL contribute significantly to global carbon emissions. The pipeline can transport 570,000 barrels of crude oil daily. When burned, this oil releases millions of metric tons of CO₂ into the air each year.

Greenpeace opposes these projects because of the need to shift from fossil fuels to renewable energy. However, this legal verdict against the organization raises concerns about the future of climate advocacy.

Greenpeace’s Role in Climate Advocacy

For decades, Greenpeace has led the fight for the environment. They challenge companies and governments to act more decisively against climate change. The organization has been key in raising awareness about deforestation, ocean conservation, and the risks of relying on fossil fuels.

In the case of the Dakota Access Pipeline, Greenpeace supported Indigenous-led protests and helped amplify concerns about the project’s long-term environmental consequences. Energy Transfer claimed that the organization defamed them and stirred up protests. However, Greenpeace says their actions aimed to hold fossil fuel companies accountable for climate damage.

Mads Christensen, Greenpeace International Executive Director, noted:

“We are witnessing a disastrous return to the reckless behaviour that fuelled the climate crisis, deepened environmental racism, and put fossil fuel profits over public health and a liveable planet. The previous Trump administration spent four years dismantling protections for clean air, water, and Indigenous sovereignty, and now along with its allies wants to finish the job by silencing protest. We will not back down. We will not be silenced.”

Legal Threats Against Climate Activists and Climate Movement

This lawsuit shows a trend. Fossil fuel companies are using legal action more often to fight against environmental opponents. Big companies often use lawsuits called Strategic Lawsuits Against Public Participation (SLAPPs) to stop activism. SLAPPs can cost environmental groups a lot of money. This makes it tough for them to keep working.

Greenpeace’s legal battles are not unique. In recent years, companies like Shell, TotalEnergies, and ENI have also pursued legal actions against Greenpeace and other environmental groups. These lawsuits worry people. This could affect climate activists’ fight against high-emission industries.

The ruling against Greenpeace could have a chilling effect on climate activism. Environmental groups might hold back from challenging big fossil fuel companies if they worry about expensive legal issues. This could slow down efforts to hold polluters accountable and push for stronger climate policies.

The case also raises questions about how fossil fuel companies may use legal systems to avoid scrutiny. Companies like Energy Transfer can shift the conversation from their carbon footprint to the activists. This way, they avoid addressing the environmental and climate concerns raised by these groups.

Fossil Fuel Expansion vs. Climate Goals

While global leaders urge cuts in greenhouse gas emissions, fossil fuel projects keep growing. The International Energy Agency (IEA) has warned that to keep global warming below 1.5°C, no new oil and gas projects should be approved. Yet, pipelines like DAPL show that people keep investing in fossil fuels. This focus delays the shift to cleaner energy options.

Greenpeace’s opposition to such projects aligns with the broader climate science consensus that urgent action is needed. However, this lawsuit shows how fossil fuel companies fight back. They shift the focus from environmental issues to legal battles.

The growth of fossil fuel industries, especially oil and gas, creates major issues for global climate goals. This is because they emit a lot of greenhouse gases (GHG).

In 2023, CO₂ emissions from fossil fuels hit a record 37.4 billion metric tons. This is a 1.1% rise from 2022. The chart shows the industry’s emissions in the U.S.

fossil emissions in US 2023
Source: Stanford University
  • Specifically, oil and gas operations are responsible for around 15% of total energy-related emissions globally, equating to approximately 5.1 billion metric tons of CO₂ equivalent annually.

Moreover, the oil refining industry also plays a big role in GHG emissions. They rose from 1.38 billion metric tons in 2000 to 1.59 billion metric tons in 2021. ​

Methane, a potent GHG, is also a major concern in the oil and gas sector. Oil and gas operations in the United States release more than 6 million metric tons of methane each year. This worsens climate change because methane traps heat much better than CO₂. 

Burning fossil fuels for electricity and heat is the biggest source of global GHG emissions. It makes up 34% of the total. The industrial sector contributes 24% of global GHG emissions, primarily from on-site fossil fuel combustion for energy.

These stats highlight the urgent need for renewable energy. Companies must also adopt strict emission cuts to meet global climate goals.

A Precedent for Future Climate Activism?

This legal case could set a dangerous precedent. If other fossil fuel companies sue environmental groups, activism might become too expensive to continue. This would weaken one of the most powerful forces advocating for climate action.

Despite the setback, Greenpeace has vowed to continue its fight. The organization has filed an anti-SLAPP lawsuit against Energy Transfer in a Dutch court. They want to recover damages and legal costs from this case. The outcome of these legal battles could shape the future of climate advocacy and corporate accountability.

The $660 million verdict against Greenpeace is not just about free speech—it’s about the future of climate activism. As fossil fuel companies expand their legal tactics to counteract opposition, environmental organizations face increasing challenges in their fight for a sustainable future.

The post Greenpeace Faces $660 Million Verdict: A Turning Point for Climate Action? appeared first on Carbon Credits.