Global
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Brineworks secures €6.8 million funding to advance low-cost DAC technology. The Amsterdam-based startup aims to develop affordable carbon capture and clean fuel production technologies, targeting sub-$100/ton CO2 capture with its innovative electrolyzer system. The company plans to achieve commercial readiness by 2026….
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DHL and Hapag-Lloyd partner for sustainable marine fuel use. The new agreement aims to reduce Scope 3 emissions through sustainable marine fuels in Hapag-Lloyd’s fleet, using a book and claim mechanism that decouples decarbonisation from physical transportation….
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California mandates climate-related reporting for over 4,000 companies. The California Air Resources Board has released a list of 4,160 companies required to comply with new climate reporting laws, affecting many large U.S. firms. The regulations, signed into law in 2024, mandate disclosures on climate risks and emissions….
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Trump signs order approving TikTok US sale. The executive order values the new entity at $14 billion, delays enforcement of a ban until January, and sets conditions on algorithm oversight while ByteDance reduces its stake.
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China announces its first absolute emissions reduction target. President Xi Jinping reveals interim climate goals to cut greenhouse gas emissions by 7%-10% from peak levels by 2035, alongside ambitious targets for renewable energy capacity and non-fossil fuel consumption….
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Mars achieves full renewable energy use in European factories. The company has transitioned its European snacking factories to 100% renewable energy, marking a significant sustainability milestone. This follows investments in wind farms and renewable energy sources over the past decade….
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UK signs contracts for two carbon capture projects. The government has committed to two carbon capture and storage (CCS) projects, expected to capture 1.2 million metric tons of CO2 annually and create 500 skilled jobs, as part of a £9.4 billion funding pledge.
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TotalEnergies wins French offshore wind tender, RWE exits consortium. The project, located off Normandy’s coast, will supply renewable electricity to over 1 million households and represents a €4.5 billion investment. TotalEnergies plans to begin electricity production in 2033….
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Watershed launches AI tool to measure carbon footprints accurately. The new solution helps companies address challenges in assessing upstream emissions, which often constitute a significant portion of their carbon footprint, by providing accurate, quick, and actionable insights into product-level emissions….
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EU postpones deforestation regulation amid IT system concerns. The European Commission plans to delay the EU Deforestation Regulation by a year due to inadequate IT infrastructure. Stakeholders face challenges as the regulation aims to curb deforestation-linked products in EU markets….
