Google is expanding its efforts to secure electricity for its growing data center operations. The company has reached an expanded agreement with energy technology firm Voltus to build a 1-gigawatt (GW) virtual power plant across the PJM electricity grid in the United States. The project will combine flexible energy resources from homes and businesses. These […]
General Motors (NYSE: GM) reported stronger third-quarter 2026 earnings as higher profits and cash flow supported its business outlook. The automaker also recorded a milestone in China, where new energy vehicles (NEVs) accounted for more than 60% of its third-quarter sales. GM generated $50.02 billion in revenue, up 2.9% year over year, while net income […]
Asia-Pacific is becoming a bigger force in the global carbon market, but not in the way many might expect. The region’s share of global carbon credit issuance and retirements has fallen since 2021. At the same time, its companies are becoming a major source of new buyers, while governments are shaping how credits are produced, […]
The European Union is moving toward a major change in how it gives free carbon permits to industry. The European Parliament’s environment committee has backed a plan that could provide around 99 million additional free emissions allowances to certain industrial installations from 2026 to 2030. The proposal aims to help European businesses manage carbon costs […]
Nickel prices climbed above $16,000 per tonne on the London Metal Exchange (LME) as the prospect of production cuts by Chinese producers in Indonesia raised hopes of tighter supply. The rally marked a fourth consecutive day of gains after prices hit a nine-month low, giving the metal some relief from persistent oversupply concerns. Nickel rose […]
International carbon market cooperation is gaining ground as more countries sign agreements to trade carbon credits under the Paris Agreement. However, a new report highlights a big challenge: turning agreements into verified emissions reductions. Countries need these reductions to reach their climate goals. The 2026 Article 6 Implementation Status Report, released by the Paris Agreement […]
American Electric Power (NASDAQ: AEP) is exploring a 960-megawatt (MW) nuclear power project in Indiana with Amazon (NASDAQ: AMZN) and advanced reactor developer X-energy (NASDAQ: XE). The proposed facility could help meet rising electricity demand from data centers and other energy-intensive industries while adding carbon-free power to the regional grid. Announced on October 19, 2026, […]
Tesla (NASDAQ: TSLA) reported nearly flat third-quarter 2026 revenue as declining automotive regulatory credit sales and lower vehicle deliveries weighed on its financial performance. The electric vehicle (EV) maker generated $28.05 billion in revenue, while net income attributable to common stockholders fell 43% year over year to $787 million. The results highlight Tesla’s changing business […]
Sweden is committing €840 million to three carbon capture projects that aim to permanently store millions of tonnes of carbon dioxide (CO₂). The funding marks another step in the country’s plan to reach net-zero emissions by 2045 and achieve negative emissions after that. The Swedish Energy Agency awarded SEK 9.3 billion (almost $950 million) to […]