The recent exit of Canadian and U.S. banks from the Net-Zero Banking Alliance (NZBA) initiative highlights growing tensions between climate commitments and political pressures. With banks like TD, BMO, and Scotiabank prioritizing independent strategies, the financial sector faces mounting challenges in balancing sustainability goals with fossil fuel financing. The NZBA initiative was established in 2021 to […]
On January 20, 2025, America witnessed another significant event: President Donald Trump’s inauguration in Washington, D.C. The ceremony marked the beginning of his four-year term, echoing his well-known slogan “Make America Great Again.” In a bold move, Trump announced the U.S. withdrawal from the Paris Agreement. This decision initiated a major shift in the nation’s […]
The recent merger talks between two mining giants—Glencore and Rio Tinto—signal a major shift in the global market. The merger, though now discontinued, was a strategic move aimed at creating a powerhouse focused on electric metals crucial to the global low-carbon economy. These metals, including copper, nickel, and cobalt, are key components in the development […]
The devastating wildfires in Los Angeles at the start of 2025 reminded the world of nature’s destructive power. And now, the recent fire at the world’s largest battery storage facility, Vistra Energy in Moss Landing, Northern California has rattled the local communities. From personal loss to potential health risks, this incident has raised serious concerns […]
On February 15, the U.S. Department of Energy (DOE) announced investing in two separate initiatives to advance clean energy and grid resilience in the nation. They plan to allocate $100 million to revolutionize carbon capture technology and $32 million for grid-edge innovations. Let’s explore what’s inside these developmental initiatives. DOE’s $100 Million Push for Carbon […]
Japan is starting to lead in carbon credit markets as global demand for sustainable solutions grows. With significant investments, bilateral agreements, and innovative approaches, Japan is strengthening its position as a leader in decarbonization. From forging international partnerships to fostering nature-based solutions, these efforts align with its commitment to achieving net-zero emissions by 2050. Japan […]
Are those billionaires flying in the sky giving a stark reminder of climate inequality? Certainly yes. It showcases the disproportionate environmental impact of the wealthiest 1% related to their private jet emissions. Private jets and yachts owned by top billionaires cause significant carbon emissions. It intensifies climate change and global pollution. The main problem with […]
BeZero Carbon, a global leader in carbon ratings, has successfully raised $32 million in a Series C funding round. The funding will help enhance the transparency, reliability, and scalability of carbon markets. The funding round is led by GenZero, a Singapore-based decarbonization-focused investment firm. It also includes strategic contributions from Japan Airlines, Translink Innovation Fund, […]
TikTok, owned by ByteDance, has rapidly become one of the most popular social media platforms globally. The platform has reshaped how people engage with content with over 1 billion users captivated by its short-term videos. But while it entertains millions daily, it comes with a hidden cost: a staggering environmental footprint. TikTok’s operations, heavily reliant […]