Entries by carbonfund

Amazon, Constellation Back $3 Billion Nuclear Expansion at Maryland’s Calvert Cliffs

Amazon (Nasdaq: AMZN) and Constellation Energy (Nasdaq: CEG) have signed a 20-year power agreement to support the expansion and continued operation of the Calvert Cliffs nuclear power plant in Maryland. The agreement will help fund more than $3 billion in upgrades across the facility and add about 190 megawatts (MW) of new emissions-free generating capacity. […]

Toyota (TM Stock) Bucks the EV Slowdown as Electrified Sales Surge Nearly 40%

Toyota is showing that electrification can drive growth even as parts of the U.S. electric vehicle market slow. The Japanese automaker sold 117,215 electrified vehicles in the United States in September 2026, up 37.8% from a year earlier. Electrified vehicles accounted for 58.2% of Toyota Motor North America’s total September sales. The result came as […]

Tesla (TSLA) Q3 Deliveries Beat Analysts’ Expectations, But BYD Widens EV Lead

Tesla (NASDAQ: TSLA) delivered more vehicles than Wall Street expected in the third quarter of 2026, giving investors a reason to turn more positive on the electric vehicle maker’s near-term outlook. Tesla delivered 486,532 vehicles in Q3, beating the company-compiled analyst consensus of 461,974. Deliveries also rose 1.3% from 480,126 vehicles in Q2. However, they […]

CIP, Grok Ventures Back U.S.-Based Antora Energy’s Massive Thermal Battery Project in Kansas

US-based Antora Energy is planning a 5.8 gigawatt-hour (GWh) multi-day thermal energy storage project at Pratt Energy’s biorefinery in Pratt, Kansas. The project will provide reliable, around-the-clock energy to the ethanol facility while supporting local jobs, workforce training, and new investment in Pratt County. The press release also highlighted that once completed, the project is […]

Cowboy Clean Fuels Sells First Durable Carbon Removal Credits in Salesforce-Backed Purchase

Cowboy Clean Fuels has sold its first durable carbon removal credits through a Salesforce-backed purchase arranged by Milkywire, with delivery scheduled for 2026. The Wyoming-based company said the transaction marks its entry into the durable carbon removal market. It adds carbon removal sales to its existing business producing renewable natural gas (RNG). Cowboy is one […]

Chinese EV Makers Sell Carbon Credits to Porsche and Other Europe’s Auto Giants

Chinese electric-vehicle makers are finding a new way to monetize their lead in electrification: selling regulatory carbon credits to global automakers that need them to meet emissions rules. XPENG is the latest example. The Chinese EV maker has signed carbon credit agreements with Porsche and other international automakers covering the European Union, the UK, and […]

How Canada’s New ITMO Framework Could Unlock International Carbon Markets

Canada is exploring a new policy framework that could let Canadian companies participate in international carbon markets by trading internationally transferred mitigation outcomes (ITMOs). The federal government announced the initiative on September 24, saying an ITMO framework could attract investment into Canadian climate projects, expand demand for carbon removal and nature-based solutions, and create new […]

Salesforce and Milkywire Back 3,661 Tons of Carbon Removal Across 8 Projects

Salesforce is supporting new early-stage carbon dioxide removal (CDR) projects. The company aims to contract $100 million in durable carbon removal by 2030. Through Milkywire, Salesforce has pre-purchased 3,661 tonnes of durable carbon removal from eight suppliers. This portfolio includes direct air capture (DAC), ocean alkalinity enhancement, and biomass storage. Projects are located in Europe, […]