The carbon market has reached another major milestone. Carbon Trade Exchange (CTX) has now traded more than 1 billion tonnes of carbon dioxide equivalent (CO₂e) since launching in 2008. The company has spent nearly two decades building one of the world’s largest electronic marketplaces for carbon credits and other environmental products. That number is significant. […]
Australia is enhancing its renewable energy framework with a major project. Ark Energy has approved the final investment decision (FID) for its AUD$1.3 billion Richmond Valley Solar Farm and Battery Energy Storage System (BESS) in New South Wales (NSW). This marks a key step in the shift to a cleaner, more reliable electricity grid. The […]
Artificial intelligence (AI) is creating a new challenge for the United States power sector. A new BloombergNEF (BNEF) analysis shows just how fast that demand is growing. It projects that data centers could consume about 20% of all U.S. electricity by 2035, up from 5.9% today. The power demand of these facilities could reach 194 […]
The voluntary carbon market (VCM) shows mixed signals in 2026. Fewer carbon credits are being retired and issued compared to last year. However, buyers are paying more for the credits they choose. Higher-quality projects are earning larger price premiums, indicating a more selective market. A new study from MIT Sloan School of Management highlights a […]
The race to power artificial intelligence (AI) has entered a new stage, and nuclear energy is moving to the center of it. Shares of Oklo (NYSE: OKLO) rose sharply. This came after news that the company was chosen for a $200 million U.S. government program. The initiative aims to speed up the use of advanced […]
The voluntary carbon market has seen another major milestone. According to Amy Merrill, Chief Executive of the Integrity Council for the Voluntary Carbon Market (ICVCM), at least 13% of newly issued carbon credits now carry the Core Carbon Principles (CCP) label. Recent market data suggests that share may already be closer to 15%. The milestone […]
Europe’s biggest power companies are investing heavily in electricity networks. This change is fueled by renewable energy, electric vehicles, AI, and data centers. A key deal this year is Iberdrola’s purchase of Finland’s largest electricity distribution company. Iberdrola, a Spanish energy leader, will acquire an 80% stake in Caruna for around €5 billion, including debt. […]
Alphabet Inc. (NASDAQ: GOOG, GOOGL) delivered another strong quarter, proving that its massive investments in artificial intelligence (AI) are paying off. The company posted double-digit revenue growth for the 12th straight quarter, powered by booming demand for Google Cloud, AI products, and its core Search business. However, investors focused on another story. Alphabet plans to […]
Heavy industry needs cleaner ways to make the materials the world depends on. Rio Tinto believes biochar can help. The mining giant has signed a five-year offtake agreement with Australian bioenergy company Superchar Limited (SCL) to supply locally made bio pellets for its alumina refineries in Gladstone, Queensland. Deliveries will begin in 2028 after the […]