Entries by carbonfund

States Sue Trump Admin Over $5 Billion EV Charger Funding

Momentum for electric vehicles (EVs) is growing fast, but a major hurdle has appeared. Seventeen U.S. states, with California in the lead, sued the Trump administration. They want to restore $5 billion in federal funds meant for EV charging infrastructure. Congress originally approved these funds. They are key to growing charging networks across the country […]

India Hits 100 GW Solar Milestone, Eyes Global Solar Export Hub with EU Partnership

India made major progress in renewable energy in 2024. With record solar and wind capacity additions, strong government support, and growing domestic manufacturing, the country is moving steadily toward its clean energy goals for 2030. Notably, India’s Ministry of New & Renewable Energy (MNRE) revealed that the country’s solar energy capacity reached 94.17 GW in […]

United Airlines Invests in Twelve for Sustainable Aviation Fuel

United Airlines is taking a bold step toward cutting its carbon footprint by investing in Twelve, a California-based company that makes Power-to-Liquid (PtL) fuels. This move is part of United’s Sustainable Flight Fund, and it supports the airline’s goal of cutting aviation emissions by 90% by 2050. The fund is designed to back new ideas […]

Tencent Partners with Temasek-Backed GenZero to Boost Carbon Credits

Tencent, one of China’s largest technology companies, has made a significant move towards sustainability by forming a partnership with GenZero, a Temasek-owned investment platform. This partnership focuses on buying carbon credits and is part of Tencent’s plan to reach its environmental and climate goals. Tencent is securing carbon credits to show its commitment to cutting […]

Google, Shell Extend NoordzeeWind Offshore Wind Energy Deal

In a major step for sustainable energy, Google has signed a Power Purchase Agreement (PPA) with Shell. This deal will extend the life of the NoordzeeWind offshore wind farm in the Netherlands. The partnership not only extends the life of the country’s first offshore wind project but also helps both companies achieve their goal of […]