Entries by carbonfund

NVIDIA’s Next Frontier: $2.1 Billion Deal With IREN Redefines AI Data Center Economics

NVIDIA has entered a strategic partnership with IREN Limited worth up to $2.1 billion, deepening its push into the fast-growing artificial intelligence (AI) infrastructure market. The deal gives NVIDIA the option to purchase up to 30 million IREN shares over five years at $70 per share. Investors reacted positively to the announcement, sending IREN shares […]

India Commits $2.12B to Carbon Capture and Utilization for Industrial Decarbonization

India is making its largest public commitment yet to carbon capture technology. Finance Minister Nirmala Sitharaman announced an allocation of ₹20,000 crore over the next five years for Carbon Capture, Utilization and Storage (CCUS) technologies in the Union Budget 2026–27. The funding, equivalent to about US$2.12 billion, aims to speed up CCUS deployment in hard-to-abate […]

Microsoft May Shelve 2030 Clean Energy Target Amid AI Power Consumption Growth

Microsoft is reportedly reconsidering parts of its 2030 clean energy strategy, including its ambitious goal to match 100% of its electricity use with carbon-free energy on an hourly basis, Bloomberg reports. The review arrives as AI infrastructure grows quickly. This surge is pushing electricity demand well past earlier forecasts. Data Centers Become the New Power […]

Hydrogen Jet Breakthrough at NASA: Rolls-Royce and easyJet Push Aviation Toward Zero-Carbon Flight

Rolls-Royce and easyJet have finished a hydrogen engine flight cycle test at a NASA facility. This is a big step for zero-carbon aviation research. The test looked at how a hydrogen-powered aircraft engine works in various flight conditions. This included changes in thrust and engine load. The results were shared through Aerospace Global News. The […]

France Roadmap to End Fossil Fuels by 2050: Climate Strategy, Targets, and Emissions Outlook Explained

France has published a structured policy document titled “Roadmap for Transitioning Away from Fossil Fuels” (2026) by the French Government. This roadmap sets out how the country plans to reduce its dependence on coal, oil, and natural gas over the coming decades. It does not introduce entirely new commitments. Instead, it consolidates existing climate and […]

Singapore and the Philippines Launch Historic Article 6 Carbon Credit Deal, Boosting Climate Finance in Asia

Singapore and the Philippines have signed a major carbon credit agreement, which could reshape climate finance in Southeast Asia. The deal is the first bilateral carbon credit partnership between the two countries under Article 6 of the Paris Agreement. The framework will allow Singapore to buy high-quality carbon credits from projects in the Philippines. In […]