In the fight against climate change, companies big and small face mounting pressure to take responsibility for their carbon footprint. Despite rigorous efforts to reduce greenhouse gas (GHG) emissions, certain hard-to-abate emissions persist—those that cannot be entirely avoided due to technological or operational constraints. Carbon offsetting offers an effective solution for addressing these residual emissions. […]

In the race to offset their carbon footprints, two giant companies—Shell and Microsoft—stand out as the largest carbon credit buyers in 2024, according to the Allied Offsets report. Their massive retirements reflect differing strategies and priorities, however, signaling distinct approaches to tackling carbon emissions through carbon markets.  Shell, the world’s largest fossil fuel company, and […]

The United States is advancing its clean energy ambitions with the allocation of $6 billion in tax credits under the Inflation Reduction Act’s §48C Qualifying Advanced Energy Project Tax Credit (48C program). Administered by the Department of the Treasury and IRS, the funding will support over 140 projects across more than 30 states.  The focus: […]

Renewable energy is revolutionizing how businesses address increasing carbon emissions, with solar power leading the charge. As global demand for clean energy rises, innovative technologies like Direct Air Capture (DAC) are emerging as critical tools in tackling carbon emissions.  DAC systems promise a sustainable path toward achieving net-zero emissions, particularly when paired with solar energy. […]