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.

Verra, a leading non-profit VCM registry in the US has recently released its Verified Carbon Standard (VCS) modular methodology VM0049 for carbon capture and storage (CCS). Carbon dioxide removals play a crucial role in corporate net-zero strategies. Thus, VM0049 is a global framework for tech-based CCS activities that generate carbon dioxide removals (CDRs) and emission The post What’s New in Verra’s Latest CCS Methodology Update? Find Out! appeared first on Carbon Credits.

H&M (Hennes & Mauritz) Group is partnering with Rondo Energy to explore heat storage technologies to decarbonize its textile supply chain. The global fashion retailer, a sensation among all age groups for its chic, street style, and edgy designs, believes in sustainability. They are committed to making fashion and design eco-friendly. Will this partnership help The post H&M Partners with Rondo Energy to Revolutionize Textile Sustainability appeared first on Carbon Credits.

The press release from Japan Climate Transition Bonds Framework under the Ministry of Finance (MoF) states that on July 2, 2024, Japan will launch its inaugural JPY1.6 trillion (USD 11 billion) Climate Transition Bond, dedicated to funding the nation’s extensive Green Transformation (GX) program. The GX Plan aims to mobilize JPY150 trillion (USD 1 trillion) The post Japan’s USD$11 Billion Climate Transition Bonds appeared first on Carbon Credits.

What is Lithium? Lithium, hailed as the ‘white gold‘ of modern times, is reshaping battery technology. Known for its lightweight nature, unparalleled electrochemical potential, and high energy density, lithium stands at the forefront of energy storage, driving the global transition to renewable energy. Its journey from a basic mineral to a crucial battery component highlights The post The Ultimate Guide to Lithium and Lithium Prices appeared first on Carbon Credits.

Neustark, the Swizz-based carbon removal solution provider, has raised US$69 M from Decarbonization Partners BlackRock and Temasek. The company intends to use the funds to expand its portfolio of global CDR projects and the overall growth of its team. Let’s deep dive into the deal in the upcoming content. Decarbonization Partners: The Investment Catalyst for The post Neustark Secures US$69 M from BlackRock and Temasek to Expand Global Carbon Removal Projects appeared first on Carbon Credits.