Entries by carbonfund

ExxonMobil’s $20B Low-Carbon Bet in 2030 Plan: Big Emissions Cuts, Bigger Oil Production

ExxonMobil published its updated 2030 Corporate Plan, which keeps the company’s “dual challenge” approach. The oil giant says it will supply reliable energy while cutting emissions. The update raises lower-emission spending, while also forecasting higher oil and gas production to 2030. Billions in Motion: ExxonMobil’s Financial and Production Targets ExxonMobil plans about $20 billion of […]

Climeworks Seals Landmark Carbon Credits Deal with Silicon Valley Startup CarbonZero.Eco for its First Commercial Biochar Facility

Silicon Valley startup CarbonZero.Eco reached a major milestone by completing its first commercial biochar facility in Colusa County, California. At the same time, the company signed a landmark carbon credit deal with Climeworks, one of the world’s most trusted carbon removal companies. This deal positions CarbonZero.Eco as a rising player in the fast-growing carbon removal […]

How China’s $180B Clean-Tech Investments Transform the Global South

Since early 2023, Chinese companies have pledged more than $180 billion for clean energy projects outside China, according to a report by Climate Energy Finance. These firms produce most of the world’s solar panels, batteries, and electric vehicles. They invest in full supply chains, from mining to recycling, helping other countries build green power systems. […]

Copper Prices Hit New Record at $11,771/Ton: What Ignites the Rally?

Copper prices climbed to new record highs this week. The jump came from two major forces: China’s shift toward stronger economic support and growing expectations that the U.S. Federal Reserve will soon cut interest rates. Together, they pushed investors toward the metal and highlighted rising fears of a supply shortage in 2026. On the London […]

Meta and NextEra Partner for a Big Solar and Storage Energy Deal

Meta, owner of Facebook, Thread, Instagram, and WhatsApp, has signed one of its largest clean energy agreements in the United States. The company entered a new partnership with NextEra Energy Resources to secure about 2.5 gigawatts (GW) of solar power and energy storage. The deal includes projects across several major U.S. power markets and will […]