Entries by carbonfund

Google Taps Earth’s Heat in 150MW Geothermal Deal with Ormat Technologies to Power Data Centers

Google has signed a long-term agreement with renewable energy company Ormat Technologies to bring new geothermal power to its data centers in Nevada, U.S.A. The deal could deliver up to 150 megawatts (MW) of electricity from geothermal sources under a special tariff program. Ormat will develop a portfolio of geothermal projects across Nevada. These projects […]

Rio Tinto’s HY25 Profit Falls 14%, but Copper Projects and Sustainability Efforts Stand Out

Rio Tinto delivered a mixed but resilient performance in the full-year 2025. While weaker iron ore prices weighed on profits, strong copper growth and disciplined cost control helped the mining giant keep earnings stable and maintain its dividend. The world’s largest iron ore producer reported underlying earnings of $10.87 billion for the year ended December […]

BYD Banks 6.2M Carbon Credits Potentially Worth US$217M Under Australia’s EV Efficiency Scheme

Chinese electric vehicle maker BYD has accumulated around 6.2 million carbon credits under Australia’s New Vehicle Efficiency Standard (NVES) scheme. This comes from its strong performance in low-emission vehicle production and sales in the country. The credits reward manufacturers that make and import vehicles with low greenhouse gas emissions. BYD’s haul reflects the company’s large […]

Booking Holdings Posts $26.9B Revenue While Advancing 2040 Net-Zero Goals

Booking Holdings closed 2025 with solid financial growth, supported by strong global travel demand. The global travel platform reported solid increases in revenue, bookings, and cash flow during the year. At the same time, it made further progress toward its net-zero target by 2040. Operational emissions remain sharply lower than pre-pandemic levels, supported by renewable […]

Middle East Sustainable Bonds Set to Hit $25B in 2026 as Sukuk Surge

Sustainable bond issuance in the Middle East is expected to remain strong in 2026. S&P Global Ratings projects regional issuance will reach between $20 billion and $25 billion next year. This outlook comes after a year marked by trade volatility and global uncertainty. Despite those pressures, investor appetite in the region remained resilient. In 2025, […]

Amazon Expands Its Carbon Credit Strategy with Lower-Carbon Fuel and Superpollutant Solutions

Amazon is expanding the types of carbon credits available to companies through its Sustainability Exchange, helping businesses lower emissions across their operations and supply chains. The e-commerce giant now offers lower-carbon fuel (LCF) inset credits and superpollutant refrigerant destruction credits, giving companies more tools to take meaningful climate action. The Sustainability Exchange: A Hub for […]

Uranium Rally Lifts Cameco Stock (CCJ) After Strong 2025 Results

Cameco delivered strong fourth-quarter and full-year 2025 results, with uranium clearly driving the story. As global nuclear momentum accelerated, utilities increased long-term contracting and focused more on supply security. In this environment, Cameco’s disciplined uranium strategy supported stronger earnings and reinforced its long-term positioning. Strong Uranium Strategy Boosts Cameco’s Results Uranium remains the foundation of […]

2026 Could Redefine Voluntary and Compliance Carbon Market Convergence, with Japan Leading the Way

The voluntary carbon market (VCM) enters 2026 with stronger foundations than a year ago. Despite political headwinds in 2025, investment, contracting, and integrity standards advanced. According to Abatable’s 2026 market report, forward carbon credit contracts rose 58% year-on-year to $5.8 billion in 2025. This surge shows that buyers are locking in future supply rather than […]