Aerospace giant Boeing has signed a multi-year agreement with carbon removal platform Carbonfuture to purchase at least 40,000 tonnes of durable carbon dioxide removal (CDR) credits. The deal ranks among the largest carbon removal procurements in the aviation sector so far. The carbon credits will come from a portfolio of biochar carbon removal projects, mainly […]
A U.S. federal judge has dismissed a proposed class-action lawsuit accusing Apple of misleading consumers with “carbon neutral” marketing for several Apple Watch models. The case targeted the Apple Watch Series 9, Apple Watch SE, and Apple Watch Ultra 2. Plaintiffs said the company exaggerated the environmental benefits of the watches. They claimed Apple relied […]
The United States took a major step toward the next generation of nuclear energy after the U.S. Nuclear Regulatory Commission approved a construction permit for TerraPower’s first Natrium reactor. The permit allows the company to begin building Kemmerer Unit 1, a commercial-scale advanced nuclear power plant in Wyoming. Notably, this is the first advanced reactor […]
Cameco has signed a major long-term uranium supply agreement with India. The Canadian uranium giant will deliver nearly 22 million pounds of uranium ore concentrate (U3O8) to India over nine years. The contract is valued at about $2.6 billion. Deliveries will begin in 2027 and continue through 2035. The uranium will power India’s growing fleet […]
Google has announced a new climate finance commitment. The company pledged $50 million by 2030 to fund projects that aim to eliminate superpollutants. These are greenhouse gases (GHGs) that heat the atmosphere much faster than carbon dioxide (CO₂) . Google said it will work alongside other corporations in a collective effort called the Superpollutant Action […]
China has released updated climate goals for the period leading to 2030, framed as part of its 15th Five‑Year Plan (2026–2030). These goals focus mainly on improving carbon efficiency, that is, lowering emissions relative to economic output, rather than capping total emissions. Under the new plan, China aims to reduce carbon dioxide (CO₂) emissions per […]
Three major global investors have joined forces to build a new renewable energy platform in North America. Brookfield Asset Management, Norges Bank Investment Management (NBIM), and British Columbia Investment Management Corporation (BCI) have launched a new company, Northview Energy. Jehangir Vevaina, Chief Investment Officer for Brookfield’s Renewable Power & Transition group, remarked: “This partnership marks […]
The European Union (EU) is considering a new policy that could allow the use of international carbon credits to help meet its ambitious 2040 climate target. If implemented carefully, the plan could unlock significant climate finance for projects in developing countries, particularly initiatives that expand access to clean cooking technologies. At a recent clean cooking […]
The carbon removal industry is expanding fast, with new projects moving from the pilot stage to the commercial scale. Companies are racing to build infrastructure that can permanently remove carbon dioxide from the atmosphere. One of them is a Canadian carbon management company, Svante Technologies, which announced that it acquired Carbon Alpha Corporation. This move […]