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Global2
April 25, 2025
Mati Carbon wins top prize in Musk-backed XPRIZE carbon removal competition
The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.
April 24, 2025
IEA summit: Global leaders address energy security risks amid geopolitical tensions
The International Energy Agency (IEA) is holding a two-day summit on the Future of Energy Security in London starting April 24, with a focus on climate security, critical minerals, and clean energy supply.
April 22, 2025
How petrostates succeeded in watering down world’s plan to cut shipping emissions
The UN’s IMO has just agreed to start charging ships for the greenhouse gases they emit. After decades of ineffective incremental tweaks to shipping emissions, the breakthrough came on April 11 at a summit in London.
April 21, 2025
What is the ‘Tropical Forest Forever’ fund and will it work?
Led by COP30 host Brazil, 12 countries are finalising a fund that aims to raise USD 125 billion for tropical forest conservation and launch at the November climate summit.
April 16, 2025
Microsoft invests in CO280 to remove 3.7 million tons of carbon from paper mill
U.S. tech giant Microsoft is ramping up its carbon dioxide removal (CDR) efforts through a new partnership with climate tech startup CO280. The collaboration leverages a unique carbon capture and storage (CCS) technology to reduce emissions.
April 14, 2025
IMO reaches initial deal on first global shipping carbon pricing
The United Nations’ International Maritime Organization (IMO) on April 11 reached a historic deal on the world’s first carbon pricing mechanism for the shipping industry.
April 14, 2025
Q&A: What does the new German coalition government mean for climate and energy?
Since the German election took place in February, which saw the centre-right Christian Democratic Union (CDU) win the most seats, parties have been negotiating to form a new coalition government.
April 11, 2025
Three key takeaways from IEA’s first Energy and AI report
International Energy Agency (IEA) released its first Energy and AI report on April 10, highlighting how the data center boom driven by artificial intelligence is giving the tech sector unprecedented influence over the energy industry.
April 11, 2025
JERA, Mitsui, CF Industries team up for world’s largest low-carbon ammonia plant
Japanese energy company JERA, trading house Mitsui & Co., and U.S.-based fertilizer giant CF Industries are teaming up to build one of the world’s largest blue ammonia plants in Louisiana.
April 11, 2025
Wave energy’s huge potential could be unlocked by the power of sound, says research
Ocean waves have long been seen as having huge potential as a source of renewable energy. Waves produce an estimated 50 trillion to 80 trillion watts of power worldwide – nearly two to three times the world’s current annual energy consumption.