Bill Gates’ Breakthrough Energy Backs Canadian Carbon Tech Hub with $40M Grant
$40M grant accelerates carbon removal tech: Breakthrough Energy’s funding supports Deep Sky’s Alberta-based Direct Air Capture (DAC) testing facility. Push for scalable carbon removal: The “Alpha” test ground will host eight companies developing DAC technologies for commercial-scale plants. Fast-tracked development: Deep Sky is taking a high-risk, parallel development approach to speed up carbon capture solutions. […]
DP World Launches Carbon Inset Programme to Help Importers Cut Scope 3 Emissions
Innovative emissions reduction trial: Importers through DP World UK ports earn carbon inset certificates for reducing supply chain emissions. Potential for significant impact: A 50% participation rate could replace 11,000 tonnes of fossil fuel, cutting 10,000 tonnes of CO₂. Certified, non-transferable credits: Inset credits, verified by Bureau Veritas, are issued quarterly and tied directly to […]
EFRAG Launches Voluntary Sustainability Reporting Standard for Non-Listed SMEs
Simplified sustainability reporting for SMEs: The Voluntary Sustainability Reporting Standard (VSME) standardizes ESG data, reducing the burden of uncoordinated requests. Supports green financing: VSME enhances SMEs’ access to sustainable finance, aligning with the EU’s SME Relief Package. Next steps include tools and guidance: EFRAG will provide digital tools, educational materials, and outreach to boost adoption. […]
Google Partners with CIP on 250MW Renewable Energy Deal in the Netherlands
15-year wind power commitment: Google will purchase 250MW of wind energy from CIP’s Zeevonk project to power Dutch operations. Innovative energy mix: Zeevonk integrates offshore wind, floating solar, and green hydrogen production, operational by 2029. Supports Google’s 24/7 Carbon-Free Energy (CFE) goal: Advances global ambition to operate entirely on carbon-free energy by 2030. Google has […]
UMC Signs 30 Billion kWh Offshore Wind Power Agreement with CIP’s Fengmiao
Largest renewable energy deal in UMC’s history: A 30-year Corporate Power Purchase Agreement (CPPA) with Fengmiao I Offshore Wind Farm secures over 30 billion kWh of clean energy. Fast-tracks sustainability targets: UMC raises its 2030 greenhouse gas emissions reduction goal from 25% to 42%, achieving 26% reduction by 2023. Sets precedent for semiconductor industry: Demonstrates […]
