Royal Philips has entered the European green bond market with a €650 million issuance that marks a significant step for sustainable finance in the healthcare industry. The health technology company has priced fixed-rate notes due in 2034 under its European Medium Term Note program. More importantly, Philips says the issuance is the first green bond […]
Tesla is moving deeper into autonomous transport and energy as it prepares to launch its purpose-built Cybercab robotaxi and rebuild its residential solar business around batteries. Three recent developments show the shift. Tesla is preparing to launch the Cybercab in Austin; Nevada regulators have approved a limited 10-vehicle robotaxi operation, and the company is reshaping […]
Aker Solutions and Microsoft (MSFT) are joining forces to help move carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects from early-stage concepts to construction and operations. The companies signed an agreement at ONS 2026 in Stavanger, Norway, as the carbon management industry faces a familiar challenge: plenty of proposed projects, but not […]
Nvidia’s latest results show that the artificial intelligence boom is still accelerating, with revenue more than doubling from a year earlier. But the company’s rapid growth also highlights a growing climate challenge: Nvidia’s Scope 3 emissions reached 10.7 million metric tons of CO2e in fiscal 2026, driven largely by its expanding supply chain. Nvidia reported […]
Japan is moving ahead with plans for a major carbon capture and storage (CCS) hub at the Mizushima Industrial Complex in Okayama Prefecture. Six Japanese companies have signed a contract with the Japan Organization for Metals and Energy Security (JOGMEC) to design facilities that will capture, liquefy, temporarily store and ship carbon dioxide. The planned […]
Microsoft is expanding its partnership with solar manufacturer and clean energy company Qcells to explore a new way of powering the growing (artificial intelligence) AI infrastructure boom. The companies announced that they will work on ways to pair Microsoft’s expanding data center footprint with new energy generation and flexible energy resources. The goal is to […]
Carbon credits do not have one fixed price. Their value can range from less than $1 to hundreds or even thousands of dollars per metric ton of carbon dioxide equivalent (tCO₂e), depending on the type of credit, its quality, and market demand. This wide price range can make carbon credits difficult for newcomers to understand. […]
Lithium’s recovery is giving Australia’s largest independent lithium producer a reason to become more aggressive about growth. PLS Group, formerly Pilbara Minerals, expects the lithium market to tighten in the coming years and is preparing to expand its flagship Pilgangoora operation in Western Australia. The company also returned cash to shareholders for the first time […]
Reuters reported that prices for U.S. ethanol blending credits plunged on Monday after the Environmental Protection Agency (EPA) extended a key compliance deadline and said it would rule on long-pending small refinery exemption requests by the end of August. The move sent a shock through the U.S. biofuel credit market. Conventional ethanol Renewable Identification Numbers […]