Amazon (AMZN stock) is expanding its clean-energy strategy in Australia with a move that could become increasingly important as renewable power takes a larger role in the country’s electricity system. It has signed its first standalone battery storage agreement globally for the 50-megawatt Bairnsdale battery energy storage system (BESS) in Victoria. It is also the […]
Google is turning to next-generation geothermal power as it expands its artificial intelligence infrastructure. The tech giant and geothermal developer Fervo Energy have signed a 396-megawatt (MW) power purchase agreement (PPA) for Fervo’s Cape Station project in Utah. The deal has a 15-year term and marks the largest enhanced geothermal power purchase agreement to date, […]
Japan and India are moving closer to a working carbon credit market after adopting rules for their Joint Crediting Mechanism (JCM) under Article 6.2 of the Paris Agreement. The two countries adopted the Rules of Implementation (RoI) on June 8, 2026. The rules create the basic system for approving projects, checking emissions cuts, and issuing […]
Chinese fast fashion company Shein has finally debuted on the Hong Kong stock market, giving investors insight into one of the largest online fashion retailers. However, the fashion giant is facing slower growth, stricter trade rules, and a significant emissions footprint. Shein began trading on September 1, 2026, under stock code 0625 on the Hong […]
CF Industries, JERA and Mitsui are moving ahead with one of the world’s largest low-carbon ammonia projects, as demand grows for cleaner fertilizer and lower-emission energy products. The three companies have broken ground on the Blue Point One ammonia plant in Modeste, Louisiana. The project represents a $3.7 billion investment and is expected to produce […]
Citigroup has committed an estimated $647.2 billion to sustainable finance since 2020, putting the bank more than halfway toward its $1 trillion goal by 2030. Citi reported the milestone in its latest 2025 Sustainability Report, released in July 2026. The bank also set new targets to cut its own operational emissions and energy use through […]
China’s data centers could quadruple their electricity use to 774 terawatt-hours (TWh) by 2030, as artificial intelligence (AI) drives a rapid increase in computing demand. The forecast comes from Wood Mackenzie’s “Rewiring China’s Grid for the AI Era” report. It says data centers could account for 6% of China’s total electricity use by 2030, up […]
Copper has become one of the hottest commodities of 2026, and the rally may have more staying power than a typical commodity cycle. A recent Bloomberg report revealed that the metal has climbed about 15% since the beginning of the year and recently traded above $14,300 a metric ton on the London Metal Exchange, close […]
The shipping industry is working on decarbonization, but progress is slow. New fuels and zero-emission vessels are still being developed. Meanwhile, improving existing ships’ efficiency can lead to immediate emissions cuts. This is where shipping carbon credits come in. ClimeCo and Marsoft Global Carbon Solutions (MS-GCS) have launched the first carbon credits from the Marsoft […]