Rio Tinto Group has announced a major $2.5 billion investment to expand its Rincon lithium project in Argentina. This move aligns with President Javier Milei’s push to deregulate the country’s economy and attract foreign investment. As demand for lithium continues to soar, this expansion positions Rio Tinto as a significant player in the battery materials market.

Scaling Up Lithium’s Next Frontier

The Rincon project in Argentina’s Andean salt flats is set to become one of the world’s leading lithium operations. It is part of the “lithium triangle”, home to over half of global resources. 

The expansion will enable an annual production capacity of 60,000 metric tons of battery-grade lithium carbonate, up from its current 3,000-ton starter plant. Construction of the expanded facility will begin in mid-2025, subject to permitting, with the first production scheduled for 2028. The project’s full ramp-up to capacity is anticipated to take three years.

This ambitious undertaking is a response to the booming demand for lithium, a.k.a. white gold. It is a key component in electric vehicle (EV) batteries and renewable energy storage. Despite recent declines in lithium prices due to oversupply and a dip in EV demand, Rio Tinto is forging ahead. 

• RELATED: Can the Lithium Market Overcome Falling Prices and Weak Demand in 2024?

Jakob Stausholm, Rio’s CEO, emphasized that the long-term outlook for lithium remains robust, driven by the global shift toward green energy. He further noted that:

“Building on Argentina’s supportive economic policies, skilled workforce, and exceptional resources we are positioning ourselves to become one of the top lithium producers globally. This investment alongside our proposed Arcadium acquisition ensures that lithium will become one of the key pillars of our commodity portfolio for decades to come.”

Leveraging Innovative Technology

The Rincon project will use direct lithium extraction (DLE) technology, a novel method that is considered more environmentally friendly than traditional lithium extraction techniques. Unlike conventional methods, consuming large quantities of water, DLE conserves water, reduces waste, and ensures consistent production of high-quality lithium carbonate. 

Currently, 13 DLE projects are operational, with a combined output expected to reach 124,000 tonnes in 2024. Benchmark data predicts DLE could supply 14% of global lithium by 2035, producing 470,000 tonnes of lithium carbonate equivalent (LCE). This projection highlights its growing importance in battery and EV markets.

However, according to RBC Capital Markets analyst Kaan Peker, while DLE holds promise, it also carries risks due to its relatively unproven nature. Potential challenges include cost overruns, delays in ramp-up, and technological hurdles. Despite these concerns, Rio Tinto remains confident in its ability to deliver on its commitments.

Argentina’s Lithium Boom: Policy Meets Opportunity

The Rincon investment underscores Argentina’s potential as a global lithium powerhouse. The South American nation is the world’s 4th-largest lithium producer and boasts the largest lithium reserves globally. 

Argentina’s lithium production could surge from 43,719 metric tons in 2023 to over 261,000 metric tons by 2027. By 2028, it is set to overtake Chile as South America’s leading lithium producer, capturing 13.1% of global lithium production, a significant rise from 4.4% in 2023. This growth is bolstered by record-breaking mine production and lithium reserves as seen below.

The country’s economic reforms, spearheaded by President Milei, have created a favorable environment for foreign investors. Central to this effort is the Incentive Regime for Large Investments (RIGI), a legislative framework offering tax benefits, currency stability, and trade incentives. These measures provide regulatory certainty for 30 years, safeguarding projects like Rincon from future policy changes.

Stausholm described Rincon as a “poster child” for the RIGI program, praising the initiative’s ability to attract and protect foreign investments. Rio Tinto’s decision to proceed with Rincon’s expansion highlights the company’s confidence in Argentina’s resources, workforce, and supportive policies.

Beyond Rincon: Rio’s Bold Moves in the Battery Market

Rio Tinto’s investment in Rincon is part of a broader strategy to position lithium as a cornerstone of its commodity portfolio. The company recently acquired Arcadium Lithium, a U.S.-based miner, for $6.7 billion, signaling its commitment to becoming a leading player in the lithium market. 

• READ MORE: Seizing the Lithium Boom: Rio Tinto’s $6.7 Billion Deal for Arcadium Lithium

Moreover, Rio is exploring lithium opportunities in Chile, including a potential stake in Codelco’s Maricunga project. The mining giant is also planning to build Europe’s largest lithium mine in Serbia.

Despite the challenges posed by fluctuating lithium prices, Stausholm affirmed Rio’s commitment to accelerating Arcadium’s projects and ensuring the timely delivery of Rincon’s additional production. By 2028, Rincon’s output can significantly contribute to the global lithium supply.

In addition to lithium, Rio Tinto is also keen on expanding its footprint in Argentina’s copper sector. Through its Nuton venture, the company holds a stake in the Los Azules copper project, which recently cleared key permitting hurdles. 

Stausholm expressed Rio’s interest in furthering its copper investments in Argentina, emphasizing the importance of delivering on existing commitments before pursuing new opportunities.

Rio Tinto’s $2.5 billion investment in the Rincon lithium project marks a significant milestone in its efforts to build a world-class battery materials portfolio. This investment not only strengthens Rio Tinto’s position in the global lithium market but also highlights Argentina’s emergence as a key player in the energy and mining sectors. 

By leveraging advanced technology like DLE, committing to sustainable practices, and capitalizing on Argentina’s favorable investment climate, Rio Tinto’s project could play a pivotal role in the green energy transition.

• FURTHER READING: Rio Tinto-Backed Lithium Startup’s $18M Funding: How Can It Revolutionize the Industry?

The post Rio Tinto Bets Big: $2.5B Lithium Expansion in Argentina’s ‘White Gold’ Rush appeared first on Carbon Credits.

On December 12, Verra mentioned in its press release that The United Nations International Civil Aviation Organization (ICAO) has approved using the Verified Carbon Standard (VCS) Program during the first phase (2024–2026) of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

This decision marks a significant milestone for the emerging CORSIA carbon market. Subsequently, airlines with a vital new source of carbon credits can meet their aviation emissions mitigation mandates.

Additionally, ICAO released an updated Eligible Emissions Units document, outlining specific VCS credit categories and vintages approved for use in CORSIA’s initial phase.

Aviation’s Carbon Footprint Set to Soar by 2050

Air travel has become a major contributor to global carbon emissions. Climate experts predict it will be one of those toughest sectors to decarbonize in the coming decades. North America is expected to remain the top emitter, while Asia’s aviation market, driven by China and India, is projected to grow the fastest. The Asia-Pacific region overall is likely to reduce its gap with North America, solidifying its position as the second-largest emitter.

Statista has presented Bloomberg BNEF data showcasing aviation-related carbon emissions which are set for a sharp rise across all regions over the next 30 years. In 2019, North America generated an estimated 293 million metric tons of CO₂ from aviation, but it can exceed 440 million metric tons by 2050. The Asia-Pacific region trailed at 230 million metric tons in 2019 but is forecasted to reach 418 million metric tons by 2050.

• Globally, aviation emissions could reach nearly 2 billion metric tons by mid-century—almost 2X the pre-pandemic levels of 2019 and nearly 4X the emissions recorded in the 1990s.

Addressing this steep rise will require bold, innovative strategies to decarbonize air travel and mitigate its impact on climate change.

CORSIA’s First Phase: Expanded VCS Eligibility

With this approval, the number of Verified Carbon Units (VCUs) that may become eligible for CORSIA labels will get a significant boost. While most VCUs are covered under this decision, ICAO has excluded specific project types and methodologies.

What’s Included?

Here’s what remains eligible for Agriculture, Forestry, and Other Land Use (AFOLU) projects in REDD+ countries:

1. Small-scale projects: Those generating less than 7,000 tCO2e of reductions and removals annually.
2. Projects using specific methodologies: These include VM0012, VM0017, VM0021, VM0022, VM0024, VM0026 (and VMD0040), VM0032, VM0033, VM0036, VM0041, and VM0042.
3. “Nested” projects: Projects integrated into jurisdictional REDD+ accounting under Scenario 2a or Scenario 3 of Verra’s Jurisdictional and Nested REDD+ (JNR) Framework.

Additionally, Verra’s new REDD methodology (VM0048) has been made eligible for CORSIA’s first phase under these guidelines.

What’s Excluded?

Verra has raised concerns about certain exclusions in CORSIA’s first phase (2024–2026) eligibility rules, highlighting inconsistencies in how they’ve been applied across crediting programs. The organization is actively working with ICAO to address these issues in future eligibility decisions.

So, the key exclusions that are under review are:

1. Cookstove Methodologies

Credits from methodologies AMS-II.G. and VMR006 were excluded from the VCS Program but remain eligible under other programs using similar methods. Verra questions this inconsistency and urges ICAO to reassess these exclusions.

2. Carbon Capture and Storage (CCS)

Methodologies under sectoral scope 16, which includes CCS projects, have been excluded. While ICAO is still evaluating if carbon dioxide removal (CDR) activities meet CORSIA requirements, Verra emphasizes that CCS extends beyond CDR and plays a critical role in limiting global warming. Verra believes CCS projects meet CORSIA criteria and should be fully eligible, particularly in countries with ICAO-approved greenhouse gas programs covering these activities.

3. Certain AFOLU Projects

AFOLU (Agriculture, Forestry and Other Land Uses) projects not “nested” into jurisdictional REDD+ frameworks were excluded despite using advanced methodologies. Verra argues for stronger recognition of these projects’ high-quality accounting, particularly under methodologies like:

• VM0045 Methodology for Improved Forest Management Using Dynamic Matched Baselines from National Forest Inventories
• VCS Methodology VM0047 Afforestation, Reforestation, and Revegetation,
• VCS Methodology VM0048 Reducing Emissions from Deforestation and Forest Degradation.

Furthermore, Verra stresses the importance of fair and consistent eligibility criteria for CORSIA. By addressing these exclusions, ICAO can ensure better access to high-quality carbon credits and support impactful climate action in the aviation sector.

Mandy Rambharos, CEO, Verra noted,

• READ MORE: CORSIA Credits Soaring Costs: How They Are Reshaping Aviation’s Future

Source: ICAO

Article 6 Authorization and Updates for CORSIA

Verified Carbon Units (VCUs) from 2021 onward must have an “Article 6 Authorized – International Mitigation Purposes” label to qualify for use under CORSIA. This requirement aligns with the Paris Agreement’s mitigation framework. Verra’s Article 6 Label Guidance provides detailed information on these labels, and an updated version, reflecting decisions from COP29, will be released early next year.

Moving on, Verra is also finalizing additional assurance requirements. This will ensure there is no double claiming of mitigation outcomes for VCUs with vintages from 2021. These requirements will soon be published to guide project proponents in meeting the necessary standards.

Next Steps for Verra

Verra plans to release a new CORSIA Label Guidance document in the coming weeks. This document will provide details on several key updates, including:

• The VCS Program’s revised CORSIA eligibility.
• New labels differentiating between the pilot phase (2021–2023) and the first phase (2024–2026).
• Instructions for project proponents to request CORSIA labels for VCUs generated by their projects.

Additionally, the press release highlighted that the Verra Registry has already been updated to show these changes. This means VCUs with CORSIA labels from the pilot phase will be automatically updated to display the new label designations, ensuring consistency with the latest eligibility decisions. These steps aim to streamline the process and enhance clarity for stakeholders as CORSIA’s first phase progresses.

This approach offers more flexibility to airlines to meet CORSIA requirements and supports the global aviation industry’s efforts to carbon neutrality. Moreover, the expanded eligibility is expected to create more demand for VCUs while supporting credible emissions reduction efforts worldwide.

LATEST: Verra Unveils Guidance for ICVCM CCP Label on Carbon Credits

In another scenario, on December 13, Verra published a detailed guide to help project proponents apply the Integrity Council for the Voluntary Carbon Market (ICVCM) Core Carbon Principles (CCP) label to Verified Carbon Units (VCUs).

Verra mentioned,

The release of ICVCM CCP Label Guidance, v1.0 follows the ICVCM’s recent approvals of the Verified Carbon Standard (VCS) Program (May 2024), VCS Methodology VM0048 Reducing Emissions from Deforestation and Forest Degradation (November 2024), and VCS Methodology VM0047 Afforestation, Reforestation, and Revegetation (December 2024).

Automatic Labeling for Approved Projects

When the ICVCM approves a methodology, projects using it automatically receive the CCP label on their issued VCUs provided they meet all additional criteria. However, there are situations where projects may need to manually request the CCP label.

This includes cases where VCUs were not automatically labeled but still qualify for the label, or when a project updates its methodology to an ICVCM-approved version for past verification periods. To facilitate this process, Verra will launch a digital form for CCP label requests in 2025, accompanied by detailed instructions to guide users through the application process.

Updating to ICVCM-Approved Methodologies

Verra has released two guidance documents to streamline methodology updates:

• Methodology Change and Requantification Procedure, v4.0 allows projects to update their methodology or version for past verification periods.
• Procedure to Change Methodology through a Project Description Deviation, v4.0 helps projects transition to a different methodology or version for current and future monitoring periods.

With these updates, Verra aims to make it easier for projects to meet ICVCM standards, ensuring high-quality carbon credits while supporting global climate action. The new guidance provides the tools needed for projects to align with evolving standards in the voluntary carbon market.

• FURTHER READING: ICVCM Reveals First CCP-Approved Carbon Credits Worth 27M Carbon Credits

The post Boosting Aviation Carbon Credits: ICAO Greenlights Verra’s VCS Program for CORSIA Carbon Market appeared first on Carbon Credits.

CarbonQuest, the U.S.-based carbon capture and storage (CCS) provider, and Carbfix, Europe’s leading CO2 mineral storage operator have announced a groundbreaking partnership to tackle emissions from “hard-to-abate” industries in North America.

Both companies will deploy Distributed Carbon Capture and Storage (DCCS) solutions, making decarbonization more accessible and efficient for medium-scale emitters in the United States and Canada.

Unlocking the MOU between Carbfix and CarbonQuest

Under the Memorandum of Understanding (MOU), CarbonQuest and Carbfix will combine their expertise to address carbon emissions and mineralization at point sources. Their joint efforts will focus on industries such as manufacturing and utilities that face unique challenges in reducing emissions.

Subsequently, by locating emitters near mineralization-ready sites, the partnership will streamline the creation of onsite CCS projects for both new and existing facilities.

Innovative Technology at the Core

CarbonQuest’s modular DCCS technology features compact solid sorbents that can capture CO2 in space-constrained settings. This system works seamlessly in industrial facilities, utility infrastructure, and campus power generation setups such as Combined Heat and Power (CHP) systems and fuel cells. The captured CO2 is then liquefied for easy transport to mineralization sites or local businesses.

On the other side, Carbfix offers a transformative solution by dissolving CO2 in water and injecting it into porous basaltic rock formations. Within two years, the CO2 transforms into stable carbonate minerals, effectively turning it into stone.

Carbfix’s technology is already commercially established across Europe. However, through this partnership Carbfix can expand to new locations for CO2 mineralization, thereby pushing commercial growth across North America.

Edda Aradóttir, CEO of Carbfix noted,

“Carbfix is excited to partner with CarbonQuest to advance our interest in North America. We see tremendous potential for carbon mineralization in a variety of business scenarios from co-location or mineralization hubs, and this MOU will ensure that, together, we can bring meaningful projects to reality in the U.S. and Canada,”

Shane Johnson, CEO of CarbonQuest said,

“Our partnership with Carbfix will accelerate the adoption of carbon capture throughout North America,”. “Together we see numerous opportunities in both new and existing applications. Carbfix’s solution is a cost-effective and permanent way to mineralize captured CO2 even for emitters located far from a mineralization hub. This aligns with our goals to make the end-to-end CO2 capture and mineralization as local as possible.”

• READ MORE: Xpansiv Powers Carbon Removals Trading with CBL Spot Exchange 

CarbonQuest: Capturing CO₂ Through Modular Solutions

CarbonQuest offers a modular solution to capture CO2 emissions from small- and medium-scale emitters before they reach the atmosphere. Their broader goal is to help businesses achieve their GHG Protocol requirements and Science-Based Targets (SBTi) while significantly lowering their carbon footprint. One such way is to reduce their Scope 1 emissions.

Furthermore, they integrate their innovative carbon capture system with other sustainable solutions to accelerate emissions reductions and improve energy savings. For example, they connect with renewable energy sources like solar power, energy efficiency systems, and partial electrification to boost the decarbonization efforts of companies.

Source: CarbonQuest

The company’s patented carbon capture system is scalable and adaptable under various environments, making it ideal for owners and operators of facilities or onsite distributed power systems.

This is how CarbonQuest’s Sustainable CO2 solution supports the circular economy by turning captured carbon into a resource for other industries.

Carbfix: Leveraging a Decade of Expertise in CO2 Mineral Storage

Carbfix provides a natural and permanent CO2 storage solution by transforming CO2 into stone underground in under two years. The company partners with businesses worldwide to promote safe, scalable carbon mineral storage through feasibility studies, pilot programs, facility construction, and full-scale commercial operations.

Permanent carbon mineralizationSource: Carbfix

Some of their key projects are:

Silverstone Project

Project Silverstone is a cutting-edge initiative funded by the EU to implement full-scale CO2 capture, injection, and mineral storage at Iceland’s Hellisheði ON Power plant. This project will transform the plant into one of the world’s first geothermal power facilities with a near-zero carbon footprint. By 2030, Silverstone is expected to deliver 10% of Iceland’s Climate Action Plan targets for energy and industrial sectors not covered by the EU ETS.

Nesjavellir Pilot Plant

In 2023, Carbfix launched a pilot carbon capture and storage (CCS) plant at the Nesjavellir geothermal site in Iceland. Developed under the H2020 Geothermal Emission Control project, the plant started injecting CO2 and H2S into the ground. This pilot optimized Carbfix’s capture technology and laid the foundation for future large-scale projects.

Thus, Carbfix’s innovative approach ensures permanent and safe underground CO2 storage, contributing to global climate recovery efforts.

By combining innovative solutions and expertise, CarbonQuest and Carbfix are paving the way for a sustainable future while helping businesses achieve net-zero emissions. All in all, this collaboration marks a crucial milestone for North America’s journey toward decarbonization.

Source: Carbfix and CarbonQuest announce a Memorandum of Understanding to Pursue distributed Carbon Capture and mineralization Projects in North America  – Carbfix

• READ MORE: Deep Sky and Carbfix Make History with CO2 Mineralization Storage in Canada 

The post Carbfix and CarbonQuest Unite to Revolutionize Carbon Capture in North America appeared first on Carbon Credits.

For years, wind energy has symbolized the clean energy transition. Towering turbines onshore and offshore have driven significant progress in reducing carbon emissions. However, recent setbacks in the global offshore wind industry have raised concerns about its future. 

Rising costs, delayed projects, and shifting investment priorities force governments and companies to reassess their ambitious wind energy targets. While countries like China continue dominating the sector, others, including the United States and European nations, struggle to keep pace.

Profit vs. Progress: Why Energy Giants Are Scaling Back Offshore Ambitions

The offshore wind sector faces mounting challenges, with profitability concerns leading to significant withdrawals. Most recently, five energy companies, including Shell and Lyse, pulled out of Norway’s first large-scale floating offshore wind tender. The project, slated for 1.5 GW of capacity, has been deemed too risky due to profitability, timelines, and industrial maturity concerns.

Norway’s government capped state support at NOK 35 billion (EUR 3 billion), which critics argue is insufficient to attract large-scale investments. Energy Minister Terje Aasland defended the cap, stating it would be enough to launch 500 MW of floating wind capacity. 

However, energy companies like Fred. Olsen Seawind and Hafslund have opted out, citing Norway’s restriction on mainland-only connections, which limits the profitability of exporting energy to other countries.

This follows a pattern seen elsewhere in Europe, where rising costs and regulatory constraints are driving companies to reconsider offshore wind projects. Denmark’s Ørsted, a global leader in renewables, has also exited several offshore wind opportunities, highlighting broader challenges within the sector.

Skyrocketing Costs Blow Offshore Wind Goals Off-Course

Globally, the offshore wind industry is grappling with escalating costs.

• Over the past two years, the average cost of offshore wind projects has risen by 30% to 40%, reaching $230 per megawatt-hour (MWh). This is more than 3x the cost of onshore wind, placing significant pressure on developers.

Inflation, supply chain disruptions, and high interest rates have further exacerbated the financial strain.

Equinor, a leading player in renewable energy, recently withdrew from offshore wind projects in Vietnam, Spain, and Portugal, citing unsustainable costs. Paal Eitrheim, Equinor’s head of renewables, noted that:

“It’s getting more expensive, and we think things are going to take more time.” 

• RELATED: The “Northern Lights” Shines: Shell, Equinor, and TotalEnergies JV Powers the Norway CCS Project

Similarly, Shell, another energy giant, is scaling back its offshore wind ambitions. Shell sold its stakes in projects across Massachusetts, South Korea, Ireland, and France, signaling a strategic retreat from leading offshore developments. A company’s spokesperson stated in an email to S&P Global:

“While we will not lead new offshore wind developments, we remain interested in offtakes where commercial terms are acceptable and are cautiously open to equity positions if there is a compelling investment case.”

Shell CEO Wael Sawan admitted that the company lacks the competitive advantage to generate material returns in renewable generation. This sentiment is echoed by other oil majors like BP.

The withdrawal of these energy giants underscores a fundamental shift in priorities, with many companies now favoring onshore renewables like solar and wind, which are less affected by rising costs and regulatory hurdles. These challenges come at a time when global governments have set lofty targets for offshore wind energy.

Global Shortfalls and Missed Targets

Governments around the world have pinned their hopes on offshore wind as a key driver of the clean energy transition. The International Renewable Energy Agency (IRENA) initially projected a need to increase global offshore wind capacity from 73 GW to 494 GW by 2030 to meet climate goals. 

• However, revised estimates now suggest the industry will fall short by one-third, delaying this milestone until after 2035.

The U.S. Offshore Wind Dilemma

The U.S. offshore wind industry, for instance, is at a crossroads. The country aimed to install 30 GW of offshore wind by 2030 but has less than 200 MW operational as of mid-2024.

Despite federal support through tax credits and lease auctions, the sector faces significant challenges. The outgoing administration of President Joe Biden issued permits for 15 GW of projects and held six lease sales. However, the recent election of President-elect Donald Trump raises concerns about future policy support, as his campaign promised to dismantle the industry’s progress.

Carl Fleming, a renewable energy policy advisor, noted that market conditions alone make it unlikely for the U.S. to meet its 2030 goals, regardless of political leadership. Delays in project approvals and a lack of supply chain investment have hindered progress. Analysts predict the country will achieve less than half of its target due to these challenges. 

The European Wind Shortfall

Europe, which currently accounts for 40% of global offshore wind capacity, is also falling behind. Rising costs and lengthy approval processes have slowed progress.

Nations like the UK, Germany, and the Netherlands are projected to meet only 60% to 70% of their 2030 targets. Even Norway, a country with abundant wind resources, is struggling to attract developers due to perceived risks and limited support mechanisms.

• SEE MORE: UK Renewables Outshine Fossil Fuels in 2024: Wind Gushes Ahead

Future auctions will require far larger investments to meet the targets, putting additional pressure on developers and governments alike.

Rebecca Williams, deputy CEO of the Global Wind Energy Council, expressed cautious optimism, stating that with the right policies, targets remain achievable. However, delays and financial constraints make it increasingly unlikely that Europe will meet its goals within the set timelines.

China’s Offshore Wind Boom

While Western markets struggle, China continues to dominate the offshore wind sector.

• In 2023, China accounted for more than half of the world’s new offshore wind installations, adding 6.3 GW of capacity. 

The country’s state-owned enterprises benefit from low financing costs, subsidies, and locally produced components, enabling rapid deployment.

China’s dominance is expected to grow further, with annual installations projected to reach 16 GW over the next few years. However, the country’s closed market limits opportunities for international developers to participate or benefit from its advancements.

The Winds of Change: Adapting to a Shifting Energy Landscape

Remarkably, a recent market development suggests renewed enthusiasm. Energy giants BP and JERA have partnered to create JERA Nex BP, a $6 billion joint venture aimed at becoming one of the world’s largest offshore wind developers. Combining their existing assets, the venture boasts a potential net generating capacity of 13 GW. 

BP CEO Murray Auchincloss emphasized the company’s “capital-light” growth approach, while JERA CEO Yukio Kani highlighted offshore wind’s critical role in the energy transition.

With 1 GW of current capacity, 7.5 GW in development, and 4.5 GW of secured leases, this collaboration seems to bring back confidence in offshore wind’s role in the energy transition. 

Ultimately, the offshore wind industry is facing significant headwinds, but it remains a vital part of the clean energy transition. The current challenges highlight the need for governments and developers to adapt, innovate, and collaborate to ensure wind energy remains viable.

China’s rapid progress offers valuable lessons on the benefits of state support and localized manufacturing, while the struggles in Western markets underscore the importance of addressing financial and regulatory barriers.

The question is not whether offshore wind will survive but how it can evolve to meet the demands of a rapidly changing energy landscape.

• FURTHER READING: Sweden’s 100 GW Offshore Wind Power Ambition: Unlocking a Renewable Energy Powerhouse

The post Gone with the Wind: Is This the End for Wind Energy? appeared first on Carbon Credits.