HSBC, Europe’s largest bank, has taken another step toward achieving its net zero goals. The bank set a new interim target to reduce emissions from its financed activities, aiming for net zero by 2050. That’s 20 years later than the bank’s first net zero goal. But is it making real progress—or just delaying action? Banking on […]
Disseminated on behalf of SolarBank Corporation. Solar energy is a key player in the global shift toward clean and sustainable power. Governments and businesses want to cut carbon emissions and reach net-zero goals and solar power offers a dependable and scalable solution. Solar energy’s explosive growth and cutting-edge tech make it an investment to watch. […]
Saudi Arabia is making history with the world’s largest grid-scale battery energy storage project. BYD Energy Storage has signed a 12.5 GWh contract with the Saudi Electricity Company (SEC), bringing their total collaboration to 15.1 GWh. This big project will help Saudi Arabia reach its Vision 2030 goals. It will boost renewable energy use and […]
BHP reported strong financial results for the half-year ending December 31, 2024. Demand for copper is rising due to renewables and electric vehicles (EVs). Thus, the company is focused on boosting copper production. Notably, BHP aims for sustainable mining that balances growth with environmental care and low emissions. BHP Reports Strong Half-Year Financial Results The […]
As climate change intensifies, nations and industries are seeking innovative ways to cut carbon footprints. Carbon credits have emerged as a key tool in this effort. Planting new trees also generates carbon credits. Apart from this, trees reduce carbon dioxide, restore ecosystems and biodiversity, and combat desertification. MIT’s Climate Portal studied that in 2021, the […]
Gevo and Axens are joining forces to speed up the development of Sustainable Aviation Fuel (SAF) using the ethanol-to-jet (ETJ) pathway. This partnership aims to improve efficiency, reduce costs, and lower risks by leveraging Axens’ Jetanol™ technology. They are also enhancing Gevo’s patented ethanol-to-olefins (ETO) technology. This technology converts ethanol into light olefins, which are […]
Sylvera, a carbon data company in London, has teamed up with BlueLayer, a digital infrastructure provider. Their groundbreaking partnership seeks to change the carbon credit market. The partnership brings the first live carbon project and inventory data set. This aims to improve transparency, efficiency, and market access. The initiative seeks to close the gap between […]
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 […]