Entries by carbonfund

Stellantis and Leapmotor Forge Carbon Credit Deal Amid Booming EV Market

China’s electric vehicle (EV) maker Leapmotor has signed a carbon credit transfer agreement with Italy’s Stellantis. The plan sees Stellantis buying CO₂ credits from Leapmotor, which can generate these credits through producing and selling zero-emission vehicles (ZEVs). The deal reflects how EV manufacturers are not only cutting emissions but also earning revenue by selling tradable […]

Micron (MU) Powers AI Boom with Record Profits, Green Goals, and U.S. Expansion

Micron Technology, Inc. (Nasdaq: MU), a global leader in innovative memory and storage solutions, exceeded expectations in its fiscal Q3 2025. The semiconductor giant reported revenue of $9.3 billion, up from $8.05 billion last quarter and $6.81 billion a year ago. With strong customer focus and advanced technology, the company offers high-performance DRAM, NAND, and […]

Meta Powers U.S. Data Centers with Nearly 800 MW of Clean Energy Deal with Invenergy

Meta Platforms—the parent company of Facebook, Instagram, and WhatsApp—signed a major deal to secure 791 megawatts (MW) of renewable energy from Invenergy. This brings Meta’s total clean energy procurement from Invenergy to 1,800 MW, supporting the company’s net-zero goals and expanding data center and AI operations. The new agreement includes four projects: 300 MW Yellow […]

TikTok’s Parent ByteDance Invests in 100K Carbon Credits from Rubicon

ByteDance, the Chinese tech giant behind TikTok, has taken a new step toward climate action. The company recently purchased over 100,000 high-quality carbon credits from Rubicon Carbon, a U.S.-based carbon management platform. This move shows ByteDance’s growing efforts to reduce its environmental footprint and support the global push for net-zero emissions. Let’s take a closer […]