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 […]
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 […]