BeZero Carbon, a global leader in carbon ratings, has successfully raised $32 million in a Series C funding round. The funding will help enhance the transparency, reliability, and scalability of carbon markets. The funding round is led by GenZero, a Singapore-based decarbonization-focused investment firm. It also includes strategic contributions from Japan Airlines, Translink Innovation Fund, […]
TikTok, owned by ByteDance, has rapidly become one of the most popular social media platforms globally. The platform has reshaped how people engage with content with over 1 billion users captivated by its short-term videos. But while it entertains millions daily, it comes with a hidden cost: a staggering environmental footprint. TikTok’s operations, heavily reliant […]
Amazon is making waves in its journey toward sustainability with a groundbreaking $1 billion investment to electrify its European transportation network. This initiative is part of the company’s broader Climate Pledge to achieve net-zero carbon emissions by 2040. It underscores its commitment to tackling Scope 3 emissions, which account for the majority of its carbon […]
In this era of sustainability, the battery metals market plays a key role in the energy transition. Lithium, nickel, and cobalt drive demand for electric vehicles (EVs), renewable energy storage, and electronics. Now confining to lithium, its compounds namely lithium carbonate and lithium hydroxide power the battery cathodes for highly efficient storage. Beyond batteries, lithium […]
On February 15, the U.S. Department of Energy (DOE) announced investing in two separate initiatives to advance clean energy and grid resilience in the nation. They plan to allocate $100 million to revolutionize carbon capture technology and $32 million for grid-edge innovations. Let’s explore what’s inside these developmental initiatives. DOE’s $100 Million Push for Carbon […]
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In the fight against climate change, companies big and small face mounting pressure to take responsibility for their carbon footprint. Despite rigorous efforts to reduce greenhouse gas (GHG) emissions, certain hard-to-abate emissions persist—those that cannot be entirely avoided due to technological or operational constraints. Carbon offsetting offers an effective solution for addressing these residual emissions. […]
The global energy landscape is undergoing a seismic shift, with 2025 poised to mark a pivotal year for clean energy technologies. According to S&P Global Commodity Insights’ latest report, cleantech energy supply investments will surpass upstream oil and gas spending for the first time, underscoring the growing dominance of renewables in shaping energy production and […]
In the race to offset their carbon footprints, two giant companies—Shell and Microsoft—stand out as the largest carbon credit buyers in 2024, according to the Allied Offsets report. Their massive retirements reflect differing strategies and priorities, however, signaling distinct approaches to tackling carbon emissions through carbon markets. Shell, the world’s largest fossil fuel company, and […]