Entries by carbonfund

Microsoft and RBC Buy North America’s First Verified Direct Air Capture (DAC) Carbon Credits From Canada’s Deep Sky

The direct air capture (DAC) industry has reached an important turning point in North America. Deep Sky, a Canadian carbon removal developer, has issued the continent’s first certified DAC carbon credits. This shows that a leading climate technology is advancing from pilot projects to commercial use. Deep Sky Alpha in Alberta generated the first credits, […]

Groundwork BioAg Issues First Verra Verified Soil Carbon Credits in U.S. Milestone

Groundwork BioAg has issued its first verified carbon credits. This is a big step for soil-based carbon removal in the United States under its Rootella Carbon® program. The company issued 19,568 Verified Carbon Units (VCUs) after independent verification by SCS Global Services. The process used Verra’s Verified Carbon Standard (VCS) and the VM0042 Improved Agricultural […]

Amazon Backs Brazil-based GranBio to Turn Wood Waste into Sustainable Aviation Fuel

Amazon is boosting its clean energy investments by focusing on sustainable aviation fuel (SAF). The company has invested in Brazil-based biotechnology firm GranBio. This partnership aims to speed up the development of technology that turns forestry waste and construction debris into low-carbon aviation fuel. Global airlines face a challenge: the supply of SAF is limited. […]

AI’s Environmental Cost: Data Centers Now Rival Entire Nations in Energy, Water, and Land Use

Artificial intelligence (AI) is often discussed in terms of innovation, productivity, and economic growth. But a new United Nations University (UNU) report warns that its physical footprint is becoming comparable to that of entire countries. The report, “Environmental Cost of AI’s Energy Use: Carbon, Water and Land Footprints”, finds that global data centers powering AI […]

Tesla (TSLA Stock), Sunrun, and Renew Home Reveal 16 GW Virtual Power Plant to Meet AI’s Soaring Energy Demand

Tesla, Sunrun, and Renew Home are joining forces to build one of the largest virtual power plant (VPP) networks in the United States. The partnership plans to link millions of home batteries, solar panels, smart thermostats, and electric vehicles. This will create a flexible energy network that can provide over 16 gigawatts (GW) of electricity. […]

Gold Standard Unveils a $17 Billion Climate Plan and How Businesses Can Use Carbon Credits With It

Companies around the world are spending billions to cut their carbon emissions. But even as they work toward net-zero goals, they continue to release large amounts of greenhouse gases every year. A new report from Gold Standard, Pinwheel, and ClimatePartner says these “ongoing emissions” could become a major source of climate funding. If companies track […]