The U.S. energy landscape is shifting again. Invenergy, one of America’s largest private energy developers, has agreed to end four offshore wind lease projects worth about $765 million and redirect those investments toward natural gas and geothermal energy. The move comes under a settlement agreement announced by the U.S. Department of the Interior. It aligns […]
Formula 1 has reported a 35% reduction in its carbon footprint since 2018, putting the sport on track to achieve its Net Zero 2030 target. The latest figures show that emissions fell to around 148,800 tonnes of CO₂ equivalent (tCO₂e) in 2025, down from a 2018 baseline of 228,793 tCO₂e. The sport also reduced emissions […]
Shell is preparing to sell its offshore wind farm portfolio in a deal that could be worth more than $1 billion, according to a Bloomberg News report. The company has reportedly hired advisers from Rothschild & Co. and PJT Partners to explore a sale process. Marketing of the assets could begin later in 2026, with […]
The aviation industry is making progress toward cutting carbon emissions, but the supply of sustainable aviation fuel (SAF) remains far below what airlines need. According to the International Air Transport Association (IATA), global SAF production is expected to reach only 2.4 million tonnes in 2026. While this marks an increase from previous years, it will […]
The race to scale carbon removal received another major boost. Artificial intelligence (AI) company Anthropic has joined Frontier, a carbon removal advanced market commitment (AMC) coalition that includes Google, Stripe, Shopify, H&M Group, and Salesforce. They announced a new commitment of $915 million for carbon removal credits. The new funding comes on top of Frontier’s […]
The Group of Seven (G7) nations have launched a major effort to reduce their dependence on China for rare earth minerals. The move comes as Beijing tightens export controls on critical materials, raising concerns over global supply chains and national security. At the G7 summit in France, the United States, Canada, France, Germany, Italy, Japan, […]
Guyana has earned US$353 million from carbon credit sales since 2022, making it one of the world’s most successful examples of turning forest protection into climate finance. The announcement came from Pradeepa Bholanath, Senior Director of Climate and REDD+ in Guyana’s Office of the President. She said the revenues help fund climate action, community projects, […]
The UK aims to replace its old nuclear fleet and hit its 2050 net-zero target. Advanced nuclear technology plays a key role in this effort. Rolls-Royce has partnered with the UK National Nuclear Laboratory (UKNNL) and the Japan Atomic Energy Agency (JAEA). Together, they are fast-tracking the development of next-gen nuclear reactors and advanced fuel […]
Artificial intelligence (AI) is driving new growth in the global battery industry. For years, electric vehicles (EVs) fueled battery demand. Now, AI data centers are the next multi-billion-dollar opportunity. The fast growth of generative AI has led to a rush in building AI data centers in the U.S., Europe, and Asia. These centers require significant […]