EU Council Approves Scaled-Back Environmental, Human Rights Sustainability Due Diligence Law
EU member states in the European Council announced today that they have reached an agreement on a key piece of legislation setting mandatory obligations...
KKR Launches $3 Billion Takeover Offer for German Renewable Energy Platform Encavis
Alternative asset and private equity investor KKR announced that it will launch a takeover offer to acquire German renewable energy platform Encavis in a...
Google Commits to $35 Million of Carbon Removal Credits over Next 12 Months
Google announced today a new commitment to contract for at least $35 million of carbon removal credits over the next 12 months, as part...
Cleantech Startup Furno Raises $6.5 Million to Decarbonize Cement Production
Cleantech startup Furno, announced that it has raised $6.5 million in a seed funding round, with proceeds aimed at supporting the company’s solution to...
Canada Releases Proposed IFRS-Based Sustainability Reporting Standards
The Canadian Sustainability Standards Board (CSSB) announced today the release of new proposed standards for companies to report sustainability and climate-related information, based on...
U.S. Invests $750 Million in Clean Hydrogen Projects
The U.S. Department of Energy announced today that it will allocate $750 million to a series of projects aimed at dramatically reducing the cost...
Shell Sets 2030 Goal to Reduce Emissions from Customers’ Use of Gasoline and Diesel
Introduces new target, but eliminates 2035 goal due to energy transition “uncertainty” Energy giant Shell announced today the release of “Energy Transition Strategy 2024,”...
AT&T Signs Carbon Removal Agreement with 1PointFive
1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy), announced today an agreement today with telecommunications company AT&T for the purchase...
Stonepeak Acquires $300 Million Stake in Wind Energy Portfolio from Ørsted
Alternative investment firm Stonepeak announced today an agreement with global energy developer Ørsted to acquire and equity ownership stake valued at approximately $300 million...
DAC Startup CarbonCapture Raises $80 Million from Investors Including Amazon, Aramco, Siemens
California-based climate tech company CarbonCapture announced today that it has raised $80 million, with proceeds to be used for the development and deployment of...