BYD is making major moves across the global clean energy market. The Chinese company is speeding up its expansion into Europe and also helping to build the largest battery storage facility in the Americas. These developments occur when BYD’s stock has faced pressure from slowing profit growth, intense competition in China’s electric vehicle (EV) market, […]
Artificial intelligence is causing a huge rise in computing demand. Today’s AI models already use a lot of electricity. The next generation of AI agents could need 10,000 to 40,000 times more computing power for each task than today’s chatbots, according to a new report from Wood Mackenzie. This rapid growth is stressing power grids […]
Climate action starts with measurement. Before companies can reduce greenhouse gas emissions, achieve net-zero goals, or show sustainability progress to investors, they first need to understand where their emissions come from and how much they produce. This process is known as carbon accounting. Once seen as a niche sustainability activity, carbon accounting has become a […]
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, […]