TeraWulf Inc. (Nasdaq: WULF) saw its stock surge after Google deepened its investment in the data center operator and bitcoin miner. The company said that the move not only raised Google’s financial backing but also strengthened TeraWulf’s position as a growing force in the booming artificial intelligence (AI) and high-performance computing (HPC) market. Google Doubles […]
The race to dominate the autonomous ride-hailing market is heating up. Waymo, Alphabet’s self-driving subsidiary, is not only pushing ahead with new technology but also proving its robotaxis can outperform most human drivers on Uber’s platform. The company has now deployed its sixth-generation vehicles for testing in Philadelphia, marking a key step in its Northeast […]
Companies around the world are accelerating their climate commitments at a record pace. The Science Based Targets initiative (SBTi) reports that corporates and other companies with both near-term and long-term net-zero targets jumped 227% in just 18 months. Firms setting near-term only goals also grew by almost 97% in the same period. This fast growth […]
Google, Kairos Power, and the Tennessee Valley Authority (TVA) have joined forces to bring the next generation of nuclear energy to the U.S. electricity grid. On August 18, the partners announced a landmark power purchase agreement (PPA) for Kairos Power’s Hermes 2 Plant in Oak Ridge, Tennessee. The project is the first step under a […]
Intel Corporation (NASDAQ: INTC), one of the world’s largest semiconductor makers, has made headlines with a notable surge in its stock price. INTC stock jumped nearly 9.8% after SoftBank announced a $2 billion investment in the chipmaker. The deal shows that confidence in Intel’s turnaround is growing while the company is increasing its semiconductor manufacturing […]
The Integrity Council for the Voluntary Carbon Market (ICVCM) has officially endorsed five carbon credit methodologies: three for biochar and two for Improved Forest Management (IFM) as meeting its Core Carbon Principles (CCPs). One additional IFM methodology received conditional approval, pending adjustments. This decision marks a significant milestone for Verra and other carbon market stakeholders, […]
As per reports, Qatar has taken a major step in sustainability. In Q2 2024, it issued its first sovereign green bonds worth $2.5 billion. This marked its entry into the global sustainable finance market and set records for the Middle East, Central and Eastern Europe, and Africa. The issuance is split into two tranches: $1 […]
Carbon removal is one of the most talked-about tools in the global climate fight. Companies and governments are using engineered carbon dioxide removal (eCDR) projects. They aim to balance emissions that are hard to reduce. These projects are seen as a “safe haven” in the voluntary carbon market as they offer lasting, long-term carbon storage. […]
Disseminated on behalf of PowerBank Corporation. New York State is moving quickly to increase its use of clean energy. The state has set strong new goals to add up to 7 gigawatts (GW) of solar, wind, and battery storage capacity by 2030. This is part of New York’s plan to have 70% of its electricity […]