Entries by carbonfund

Canada Goes Nuclear Again: This Time It’s a C$3 Billion Bet on SMR

Canada has taken a major step toward becoming a global leader in nuclear innovation. Prime Minister Mark Carney announced a C$3 billion joint federal-provincial investment to advance small modular reactor (SMR) technology at Ontario Power Generation’s (OPG) Darlington New Nuclear Project (DNNP). When finished, Canada will be the first G7 nation to launch an SMR. […]

Google Invests in First Carbon Capture to Power AI and Cut Emissions

Google announced a major new project: it will support a U.S. power plant outfitted with carbon-capture and storage (CCS) technology. The plant, owned by Broadwing Energy in Decatur, Illinois, will capture about 90% of its CO₂ emissions. The tech giant agreed to buy most of the electricity the plant produces.   By backing this plant, Google […]

Amazon and Cascade SMRs: Redefining America’s Clean Energy for AI and Cloud Computing

Amazon is taking a bold step toward the next frontier of clean energy. In Washington state, the company is helping to build one of the United States’ first small modular reactor (SMR) facilities. This innovative nuclear energy project could redefine how big tech powers artificial intelligence (AI), cloud computing, and data centers. The upcoming Cascade […]

BlackRock, ExxonMobil Lead New Global Coalition to Fix Carbon Accounting

A new coalition of major global companies has launched an effort to fix how the world measures and reports carbon emissions. The group, called Carbon Measures, includes BlackRock’s Global Infrastructure Partners (GIP), ExxonMobil, and Banco Santander. They aim to build a clear and dependable global system. It will track carbon emissions in various industries and […]

Microsoft (MSFT) Buys 28,900 Tonnes of CO₂ Removal from UNDO in Landmark Multi-Million-Dollar Deal

Microsoft (NASDAQ: MSFT) has taken another major step toward its 2030 carbon-negative goal by expanding its partnership with carbon removal company UNDO. The tech giant has agreed to purchase 28,900 tonnes of permanent CO₂ removals, backed by an innovative financing structure from Inlandsis, a Canadian climate fund managed by Fondaction Asset Management. The deal—estimated to […]

Waymo Eyes London Launch in 2026 as Alphabet’s Q3 Momentum Boosts Global Robotaxi Race

Alphabet’s, Google’s parent company, self-driving car division, Waymo, has announced plans to launch its autonomous ride-hailing service in London in 2026. This marks the company’s first expansion into Europe and a major milestone for the global robotaxi industry. The service will use all-electric Jaguar I-Pace vehicles equipped with Waymo’s self-driving technology. Public road testing will […]