Clearloop, the carbon solutions subsidiary of Silicon Ranch inked a multi-year solar deal with Microsoft to unlock 100 MWAC of renewable power This initiative targets about 20 underserved American communities and broadly aims to decarbonize the U.S. grid and boost economic growth. According to EIA’s latest forecast, the US expects 63GW of new utility-scale power […]
Standard Chartered is making major strides in sustainable finance as revealed in its latest report. THe bank generated $982 million in income from this sector in 2024, which is a 36% rise from last year. It brings the bank closer to its goal of reaching $1 billion in annual sustainable finance income by 2025. This […]
Carbon pricing has long been a central tool in Canada’s and the United States’ climate strategies. However, recent political shifts are changing how both nations approach this policy. In Canada, Liberal leadership contender Chrystia Freeland has pledged to scrap the consumer carbon pricing system in favor of alternatives developed through consultations. In the U.S., President […]
Rio Tinto, one of the world’s largest mining companies, has been intensifying its efforts to cut carbon emissions and achieve net zero by 2050. Through its 2025 Climate Action Plan, the company outlines key initiatives to decarbonize operations and cut emissions with plans to use carbon credits to meet its 2030 climate targets. Rio Tinto […]
Anglo American has signed a memorandum of understanding (MoU) with Codelco, a Chilean mining company. The agreement involves Anglo American’s subsidiary, Anglo American Sur SA (AAS), which owns 50.1% of the company. Both firms will work together on a joint mining plan for their neighboring copper mines, Los Bronces and Andina, in Chile. This partnership […]
Disseminated on behalf of SolarBank Corporation. SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) teamed up with Viridi to build a 3.06 megawatt (MW) ground-mounted solar project. This project will also include a 1.2 megawatt-hour (MWh) battery energy storage system (BESS) in Buffalo, New York. This initiative plans to turn a closed landfill into […]
Carbon removal means capturing CO₂ from the air and storing it for good. This helps lessen the effects of climate change. Methods include direct air capture, reforestation, and ocean-based solutions. It is becoming a key strategy for companies aiming to reduce emissions. Climeworks recently boosted the market by securing big deals with TikTok and Two […]
The International Civil Aviation Organization (ICAO) is launching a global platform to connect aviation sustainability projects with investors. The ICAO Finvest Hub will fund initiatives like sustainable aviation fuel (SAF) production and clean energy development. This effort aims to reduce aviation emissions and speed up the transition to a greener planet The press release highlighted […]
Walmart announced its fourth-quarter earnings for fiscal year 2025. The e-commerce giant achieved a record-breaking revenue of $680.985 billion, surpassing its previous year’s performance. This equates to an average daily income of about $1.86 billion. Amid this financial success, how will Walmart move toward its climate and net zero goals? Profits Soar While Sustainability Goals […]