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February 07, 2024

Climate experts raise $12 million for the world’s first carbon credit insurance company

CarbonPool is set to be the first insurance company in the world with a carbon credit balance sheet. The firm announced the closure of a $12 million funding round on Jan. 29.
February 06, 2024

Amazon joins Google in procuring offshore wind energy in Scotland

U.S. tech giant Amazon confirm PPA with ENGIE, procuring over half of the power available from Scotland’s Moray West offshore wind farm, securing its title as the world’s largest green energy buyer for the fourth consecutive year as of Jan. 30, 2024.
February 06, 2024

Microsoft buys soil carbon storage credits from nature-based startup

Microsoft signed another carbon removal agreement to help accelerate its climate goals. The tech giant made a deal with Grassroots Carbon, a startup offering nature-based soil carbon storage solutions, for soil carbon removal drawdown credits.
February 05, 2024

Sustainable fuel supply shortage poses a challenge to the aviation industry's net-zero ambitions

Decarbonization is considered the biggest challenge to the sustainable development of the aviation industry. Unexpectedly, the supply of Sustainable Aviation Fuel (SAF) is below expectations, causing anxiety among airline executives.
February 02, 2024

MIT team proposes new method for carbon capture from oceans

Massachusetts Institute of Technology (MIT) research team has presented a new carbon capture solution focusing on removing carbon dioxide (CO2) from the oceans worldwide.
January 31, 2024

Electricity demand from data centers, AI seen doubling by 2026

According to the latest report from IEA, global electricity demand from data centers, cryptocurrencies and artificial intelligence could more than double over the next three years, equivalent to Germany’s entire power needs.
January 30, 2024

Geely’s new EV is capable of charging another electric vehicle

A Chinese automaker is proposing new technology that enables an electric car to be partially recharged from another car’s battery, provided both are equipped with the same bidirectional charging system.
January 29, 2024

AI empowers supply chains to reduce carbon emissions

A forum titled "ESG technologies and AI applications" organized by DIGITIMES on Jan. 26 in Kaohsiung explored how technology can empower businesses to achieve supply chain carbon reduction.
January 29, 2024

From green transition to carbon inventory: Solutions for corporate sustainability

Several companies from various sectors were invited to share their experience in ESG transformation at a forum titled "ESG technologies and AI applications" organized by DIGITIMES in Kaohsiung on Jan. 26.
January 25, 2024

Analysts lowered EU carbon price forecasts due to weak power sector demand

Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026, predicting that weak demand from power plants and sluggish industrial demand will impact the market.

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