Entries by carbonfund

Boeing Partners With Charm Industrial to Remove 100,000 Tons of CO₂

Boeing has taken a major step toward its long-term climate goals by signing a large offtake agreement with Charm Industrial. Under this deal, Charm will remove up to 100,000 metric tons of carbon dioxide from the atmosphere. The agreement marks Boeing’s first major purchase of permanent carbon removals and signals a shift in how aviation […]

COP30 Ends in Belém: Big Money for Adaptation, Big Misses on Fossil Fuels

The 30th United Nations Climate Change Conference (COP30) concluded last Friday in Belém, Brazil. Countries met to discuss how to respond to climate change and support global climate goals. The meeting produced some progress, especially in climate finance. However, it did not include binding commitments to end fossil fuel use or stop deforestation. The outcome, […]

IFC Backs Brookfield’s $5B Climate Fund with $100M Investment

The International Finance Corporation (IFC), a World Bank Group member, is making a $100 million investment in Brookfield Asset Management’s Catalytic Transition Fund. This fund focuses on climate solutions in emerging markets. It aims to help developing economies shift to cleaner power, reduce emissions, and support long-term sustainable growth. The IFC is committed to increasing […]

China Carbon Prices Rise as Metals and Cement Enter the National Trading Scheme

China’s carbon prices jumped after regulators announced that the national emissions trading system (ETS) would include big industries like steel, aluminum, and cement. The announcement signaled a major expansion of the market and pushed demand for carbon allowances higher. Prices changed fast as traders responded to the new scope and the expected rise in compliance […]

Japan to Restart the World’s Largest Nuclear Power Plant

Japan is moving toward restarting the Kashiwazaki-Kariwa nuclear power station, the world’s largest by capacity. The move could change the country’s energy policy, which relies on atomic power to tackle high fuel costs, boost energy security, and reduce carbon emissions. The nuclear plant is run by Tokyo Electric Power Company (TEPCO), and the restart of […]

Big Tech Firms Microsoft (MSFT) and Alphabet (GOOGL) Lead in Durable Carbon Removal Investments Exceeding $10 Billion

Microsoft and Alphabet have become the world’s strongest forces behind durable carbon removal. Together, they have funneled more than $10 billion into technologies designed to pull carbon dioxide out of the atmosphere for centuries. Their push marks a major turning point for the carbon removal market, which has struggled for years with high costs, slow […]