Lucid Motors has appointed a new chief executive officer while securing more than $1 billion in fresh capital, marking a major strategic shift toward autonomous driving and mobility services. The leadership transition comes at a critical time for the luxury electric vehicle (EV) maker. Lucid Motors is expanding beyond premium EV manufacturing into autonomous vehicle […]
ChatGPT developer OpenAI has paused its flagship UK data center project, known as “Stargate UK,” citing high energy costs and regulatory uncertainty. The project was part of a broader £31 billion ($40+ billion) investment plan aimed at expanding artificial intelligence (AI) infrastructure in the country. The initiative was designed to deploy up to 8,000 GPUs […]
Uranium Energy Corporation (NYSE: UEC) has started production at its Burke Hollow project in South Texas. This is the first new uranium mine to open in the U.S. in over ten years. The project started production in April 2026 after getting final regulatory approval. This marks a big step for domestic uranium supply. It’s also […]
The global carbon market is changing fast in 2026. The latest insights from Sylvera’s State of Carbon Credits report show a clear shift. Volumes are falling, but value is holding steady. This means buyers now focus more on quality than quantity. Furthermore, the market is splitting into two clear segments. High-quality credits are in demand and […]
Australia and the United States have launched a $3.5 billion critical minerals partnership, marking one of the largest bilateral efforts to secure materials essential for clean energy and electric vehicles (EVs). The agreement focuses on strengthening supply chains for minerals such as lithium, cobalt, nickel, and rare earth elements. These materials are vital for batteries, […]
JPMorgan Chase has signed two major carbon removal agreements this month. The first one involves a purchase of 60,000 metric tons of durable carbon dioxide removal (CDR) over ten years from climate startup Graphyte. The deal uses biomass-based technology that converts agricultural and timber waste into stable carbon blocks stored underground. In parallel, JPMorgan has […]
Microsoft has temporarily halted all new carbon removal purchases as it reviews its broader climate strategy. The move affects direct air capture, biochar, and other engineered carbon removal solutions supported by its $1 billion Climate Innovation Fund, launched in 2020. It could delay hundreds of millions of dollars in planned investments across the carbon removal […]
Radisson Hotel Group has raised its climate ambition in the hospitality sector. The group now targets 100 verified net-zero hotels by 2030 across its global portfolio. This move builds on its existing science-based net zero commitment by 2050, approved under the Science Based Targets initiative (SBTi). Radisson defines verified net-zero hotels as properties that cut […]
The Philippines is stepping up efforts to protect its coastal ecosystems. The government recently advanced its National Blue Carbon Action Partnership (NBCAP) Roadmap. This plan aims to conserve and restore mangroves, seagrass beds, and tidal marshes. It also explores biodiversity credits — a new market linked to nature conservation. Blue carbon refers to the carbon […]