Google is making another major move in carbon removal by participating in Frontier’s $33 million offtake agreement with Eion Carbon. This deal plans to cut about 79,000 tons of CO₂ by 2030. It uses enhanced rock weathering (ERW), a natural way to boost carbon absorption in rocks. Reilly O’Hara, Program Manager, Carbon Removal at Google, […]
Oklo’s earnings took a hit as the company reported a net loss of $73.6 million for 2024. The majority of it came from a $52.8 million operating loss. The company’s stock dropped after the report, but analysts stressed that its long-term vision matters more than the numbers. However, the company’s nuclear endeavors continue to shine. […]
Copper prices surged on Monday as traders anticipated the outcome of potentially high U.S. import tariffs. The three-month copper price on the London Metal Exchange (LME) climbed to $9,925 per metric ton, building on last week’s gains after reaching a five-month high. As per Bloomberg, Mercuria revealed that around 500,000 tons of copper are now […]
The lithium market is undergoing significant changes as demand for electric vehicles (EVs) and energy storage solutions continues to rise. This soft, silvery-white metal remains at the center of the global clean energy transition. Let’s uncover the major market trends according to experts and significant insights shared by the head of a lithium extraction company […]
Recycling helps recover valuable materials, cut waste, and support clean energy. With stricter sustainability rules, governments are pushing for greener solutions. EV companies are also focusing on battery recycling. This helps lower supply chain emissions and cut their carbon footprint. Thus, battery recycling has become essential for a greener future. We have studied the Lithium-ion […]
Greenpeace is facing a $660 million lawsuit by Energy Transfer Partners. The verdict is more than a legal case; it could change the climate movement significantly. The lawsuit came from Greenpeace’s involvement in the protests against the Dakota Access Pipeline (DAPL). This project has been controversial for its environmental and social effects. The talk about […]
President Donald Trump has signed an executive order to ramp up U.S. production of critical minerals. The order uses emergency powers under the Defense Production Act to increase financing, streamline permits, and encourage domestic mining and processing of minerals vital for national security and economic growth. The goal is to cut down on dependence on […]
Aramco, a top player in energy and chemicals, has teamed up with Siemens Energy. Together, they have launched Saudi Arabia’s first Direct Air Capture (DAC) test unit. The plant can remove 12 tons of carbon dioxide from the atmosphere each year. This initiative is a big step. It will help reduce Saudi emissions and promote […]
Tesla has established itself as a leader in the fight against climate change. It often emphasizes its role in cutting greenhouse gas (GHG) emissions by promoting electric vehicles (EVs). In 2023, the company claimed its fleet helped avoid 20 million metric tons of carbon dioxide equivalent (CO2e) emissions. A recent study by Greenly, a firm […]