Duke University achieved carbon neutrality in 2024, marking a significant milestone in its sustainability journey. However, achieving this status does not mean the university eliminated all its emissions. Instead, it represents a strategic balance between reducing emissions and offsetting those that remain. In Duke’s case, this included a $4 million investment in carbon offsets to The post Duke University Achieves Carbon Neutrality: How Do Carbon Offsets Help? appeared first on Carbon Credits.
BlackRock, the world’s largest asset manager has obtained a commercial license to conduct operations in Abu Dhabi with a motive to expand its regional presence. Abu Dhabi is a global hub for digital assets and has immense opportunities to attract business from other regions of the world. Charles Hatami, head of the Middle East for The post BlackRock Bets on Abu Dhabi for Strategic Growth. Is Crypto Part of the Plan? appeared first on Carbon Credits.
Nuclear fusion energy is clean, safe, and sustainable. It combines lighter atoms to release vast energy without high-level radioactive waste. Commonwealth Fusion Systems (CFS), the Massachusetts-based fusion giant aims to revolutionize the clean-energy space by generating infinite carbon-free power with its flagship fusion project SPARC. Since its inception in 2018, the company has secured over The post Commonwealth Fusion Systems’ Innovative Magnet Powers Fusion to the Grid appeared first on Carbon Credits.
The U.S. stock market saw its biggest weekly gain in a year just one week following Donald Trump’s re-election. However, clean energy stocks tumbled as investors worried Biden’s pro-renewables agenda would be replaced by Trump’s “drill, baby, drill” policies. And recently, Vivek Ramaswamy, known for his strong opposition to environmental, social, and governance (ESG) investing, The post Trump’s Second Term Sparks a Turning Point in ESG and Climate Disclosure Policies appeared first on Carbon Credits.
Lithium is an essential component in lithium-ion batteries which are mainly used in EVs and portable electronic gadgets. Often known as white gold due to its silvery hue, it is extracted from spodumene and brine ores. After mining it is processed into: Lithium carbonate is commonly used in lithium iron phosphate (LFP) batteries for electric The post Lithium’s Essential Role in EV Battery Chemistry and Global Supply Dynamics appeared first on Carbon Credits.
Demand for battery-grade nickel is expected to surge, tripling by 2030, according to Benchmark Mineral Intelligence. This growth will largely be due to mid- and high-performance electric vehicles (EVs) in Western markets. A senior nickel analyst at Benchmark, Jorge Uzcategui, particularly noted that: “China will see growth too, but it won’t match the pace in The post Nickel Demand to Triple by 2030: Can the Market Keep Up? appeared first on Carbon Credits.
According to the IEA, methane is responsible for around 30% of the rise in global temperatures since the Industrial Revolution. While carbon dioxide is mostly given importance in climate discussions, addressing methane removal is equally critical to achieving climate targets. At COP29, methane was much talked about with the launch of the 2024 report- An The post COP29: Launch of “An Eye on Methane”, Will Pledges Turn into Progress? appeared first on Carbon Credits.
From metals to mining, energy to electricity, and transport to transmission, every sector is pivoting toward sustainability. The automotive market has already adopted renewable solutions, and one such is Electric Vehicles (EVs), which are playing a significant role in combating transport emissions. Recent data shows EV sales skyrocketed from under a million in 2012 to The post Global EV Trends: Growth, Challenges, and the Future of Electric Mobility appeared first on Carbon Credits.
Following serious discussions and decisions on carbon markets at the COP29 summit, Verra and the state of Amazonas, Brazil, signed an agreement to enhance regional carbon markets on November 13. This Memorandum of Understanding (MOU) was announced during COP29 in Baku, Azerbaijan. The collaboration aims to strengthen carbon market frameworks, improve regulations, and foster sustainable The post Verra Partners with the State of Amazonas to Boost Regional Carbon Markets appeared first on Carbon Credits.
Shell Plc plans to sell part of its nature-based carbon projects as the carbon offset market, also known as the voluntary carbon market, faces challenges. This move fits into CEO Wael Sawan’s focus on boosting profits with high-return ventures such as fossil fuels. Sawan is shifting away from ventures that don’t offer a strategic advantage, The post Shell’s Carbon Offset Exit: What Does It Mean for the Voluntary Carbon Market? appeared first on Carbon Credits.
© 2024 ECG Global Services. All rights reserved