Chinese electric vehicle maker BYD is poised to surpass Tesla in battery electric vehicle (BEV) sales this year, according to a Counterpoint Research report. This marks a significant shift in the global EV market. In related news, another Chinese battery maker shocked the industry with its new lithium battery pack that has 1.5 million km The post EV Wars and Breakthroughs: BYD to Overtake Tesla, CATL’s New Battery With 1.5M KM Range appeared first on Carbon Credits.

The market for carbon offset credits is currently facing a resurgence of criticism as more than 80 nonprofit organizations come together to oppose their use in climate strategies. These activists argue that carbon offsets undermine genuine efforts to reduce greenhouse gas emissions and call for their complete exclusion from climate regulations and guidelines. Carbon credits, The post Will This Be The End of Carbon Offsets? appeared first on Carbon Credits.

In 2023, the nine nuclear-armed states collectively spent a staggering $91.4 billion on their nuclear arsenals, according to ICAN’s latest report titled “Surge: 2023 Global Nuclear Weapons Spending”. That amount translates to an astonishing $2,898 per second, underscoring the immense financial commitment to maintaining and modernizing nuclear weapons. The Billion-Dollar Nuclear Breakdown Here’s how the The post What The USD$91Billion In Nuclear Weapons Spending Could Have Bought Instead appeared first on Carbon Credits.

Google has partnered strategically with BlackRock to develop a 1GW solar energy pipeline in Taiwan. In this collaboration, Google will make a significant capital investment in New Green Power, a leading solar developer in Taiwan, owned 100 % by a fund managed by BlackRock’s Climate Infrastructure business. This move aims to boost energy capacity and The post Google Invests in BlackRock’s New Green Power to Boost Taiwan’s Solar Capacity appeared first on Carbon Credits.

Tesla shares surged Tuesday, reaching their highest levels since January, following the release of Q2 2024 production and delivery numbers that beat analysts’ expectations. This is amid the growing sentiment that the EV market is slumping. Tesla reported delivering 443,956 vehicles in the second quarter and producing 410,831 vehicles. While deliveries were down 5% compared The post What EV Demise? Tesla Stock Hit Highest Levels appeared first on Carbon Credits.

Amazon has taken a bold step by becoming the first company to sidestep the global standard for verifying carbon offsets, a standard developed by a non-profit heavily funded by Amazon’s founder, Jeff Bezos. This move is part of Amazon’s strategy to establish a new standard, enabling it to overcome the shortage of quality-labeled offsets and The post Amazon’s Own Carbon Offset Standard Sparks Concerns Over Market Confusion appeared first on Carbon Credits.

The first quarter of 2024 marked a significant milestone for the U.S. solar industry, with installations rising by 21% year-over-year, according to S&P Global Commodity Insights data. This surge has pushed the nation’s cumulative solar capacity past the 100 GW mark.  This is a testament to the accelerating adoption of renewable energy driven by favorable The post US Solar Installations in Q1 2024 Surpass 100 GW Milestone appeared first on Carbon Credits.

The World Bank approved $1.5B to boost India’s low-carbon energy. This operation aims to spark India’s green hydrogen market, expand renewable energy, and drive funding for low-carbon projects. The funding, announced on June 29 represents the second phase of the Low-Carbon Energy Programmatic Development Policy Operation. Transforming India’s Renewable Energy Market with a US$1.5B Investment Plan The post World Bank Fuels India’s Carbon Market and Green Hydrogen with US$1.5B Boost appeared first on Carbon Credits.

CATL (Contemporary Amperex Technology), the global leader in EV batteries with a commanding 38% market share, has just achieved a major milestone. They successfully flew a 4T plane using their cutting-edge, ultra-high density “condensed batteries”. They are now setting their sights even higher, aiming to have an 8T electric plane with a range of 2,000 The post CATL Unveils Ambitious 2,000 km Electric Plane Vision appeared first on Carbon Credits.

Avoiding a climate crisis presents significant challenges, especially in transitioning power and transportation systems to renewable and clean energy. This transition will vastly increase copper demand, surpassing current production levels, and giving major stocks a big lift.  Copper’s exceptional conductivity makes it crucial for the energy transition. Copper is found in most appliances like toasters, The post The Top 3 Copper Stocks of 2024 appeared first on Carbon Credits.