The world must remove 5–16 billion metric tons of CO₂ annually by 2050 to limit global warming to 1.5°C. But with emissions still rising, can we scale Carbon Dioxide Removal (CDR) fast enough to make a real impact? What Is CDR? Understanding Carbon Dioxide Removal Credits Carbon dioxide removal includes technologies and natural methods that […]
Xpansiv has launched a new data series for North America’s Renewable Energy Certificate (REC) markets. This product merges data from Xpansiv’s CBL spot exchange, Xpansiv Connect™ portfolio system, and OTC prices from Evolution Markets. This combination offers a clearer view of the market. Users can track individual RECs in both spot and forward markets. They […]
Disseminated on behalf of SolarBank Corporation. SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) recently announced the development of two community solar projects in Skaneateles, New York. These ground-mount solar projects, located in Onondaga County within the Finger Lakes Region, will generate 14.4 MW DC, enough to power 2,100 homes. SolarBank Secures Key Approval […]
Chestnut Carbon, a nature-based carbon removal company, has raised $160 million in Series B financing. This funding will help expand its afforestation projects across the United States. With strong investor backing, the funds will accelerate Chestnut’s mission to deliver large-scale carbon removal, setting a new standard in the voluntary carbon market (VCM). Nature-Based Carbon Removal: […]
Albemarle Corporation (NYSE: ALB) the world’s top lithium and specialty chemicals producer posted its financial results for Q4 and the full year of 2024. Despite lower lithium prices, the company reduced costs and improved operations to remain competitive. Strong efficiency measures helped in profitability but adjusted earnings did not meet analyst expectations. Like many other […]
Energy is the cornerstone of modern life. We need electricity for healthcare, transportation, communication, and more. Many countries are choosing nuclear power because it offers a lot of electricity and produces no direct carbon dioxide emissions. However, building traditional nuclear plants is costly. They can take a long time to set up, and people often […]
Core Power, the UK nuclear technology firm, has recently launched the Liberty Programme to transform the maritime sector with advanced nuclear technology. This “US-anchored” initiative plans to introduce floating nuclear power plants (FNPPs) by the mid-2030s. It was announced at the New Nuclear for Maritime Summit in Houston, Texas, on February 12. Liberty will create […]
Carbon credits are increasingly essential for investors and businesses aiming to reduce emissions. According to Abatable’s latest report, the voluntary carbon market (VCM) is growing rapidly, attracting $16.3 billion in funding in 2024. This is 18 times higher than the total value of credit retirements, highlighting a shift toward long-term commitments rather than short-term carbon […]
Palantir Technologies Inc. (NASDAQ: PLTR) released its financial results for the fourth quarter ending December 31, 2024. The company showed strong growth in key areas. Its success mainly came from its artificial intelligence (AI) solutions, which integrate advanced technology into commercial and government sectors. Their core work revolves around combining AI and machine learning, helping […]