Entries by carbonfund

Fusion Breakthrough: Google Venture-Backed Inertia Raises $450M to Build World’s Most Powerful Clean Energy Laser

Inertia Enterprises, a fusion energy startup, has raised $450 million in a Series A funding round. The capital will help the company build the world’s most powerful laser and advance its fusion power technology. The funding round was led by Bessemer Venture Partners. Other investors include GV (formerly Google Ventures), Modern Capital, Threshold Ventures, Long […]

TotalEnergies Hits Record $73 Million Carbon Credit Spend as 2025 Profits Stay Strong

TotalEnergies spent a record $73 million on carbon credits in 2025. This was up 49% compared with 2024. The figure was disclosed alongside the company’s full-year financial results. Carbon credits allow companies to offset emissions by funding projects that reduce or remove carbon dioxide. These projects include forest protection, reforestation, and other verified climate initiatives. […]

Copper Drives BHP’s $6.2B Profit Surge in FY26 Half-Year Results

BHP Group delivered a strong first-half performance for FY26, confirming a major shift in global commodity markets. The world’s largest miner posted underlying attributable profit of $6.2 billion, up 22% year over year and broadly in line with forecasts. More importantly, copper has now become the company’s dominant earnings driver. For the first time in […]

ArcelorMittal Confirms $1.5 Billion Low-Carbon Steel Investment in France

ArcelorMittal will invest €1.3 billion (about $1.5 billion) to build a new electric arc furnace (EAF) at its steel site in Dunkirk, France. The company said the project marks a major step in cutting emissions from its French steel production. The steelmaker announced the decision as French President Emmanuel Macron visited the Dunkirk site. ArcelorMittal […]

Albemarle Shuts Lithium Plant But Bets Big on Strong Demand Outlook for 2026

Albemarle Corporation, one of the world’s largest lithium producers, has closed its Kemerton lithium hydroxide processing plant in Western Australia. The company made the decision due to rising costs and competitive pressures in hard-rock lithium processing. The closure affects more than 250 jobs and dozens of contractors. The Kemerton plant processed lithium from the Greenbushes […]