‘Existential crisis’ at SBTi inflames rift over future of net-zero organization
Staff “deeply concerned” over board’s new policy allowing carbon offsets for net-zero goals. Read More
Read the leaked protest letter from SBTi staff angry over new carbon offset policy
Letter claims the board “undermined” governance process in disclosing revised stance Read More
SBTi: Yes, companies can use carbon offsets to abate certain Scope 3 emissions
Draft guidelines for the new policy, which will inform a revised Corporate Net Zero Standard, will be published in July. Read More
SBTi urges automakers to stop making gas and diesel cars by 2035
It’s the first time the organization has addressed the biggest source of emissions associated with cars — the customers who drive them. Read More
Steeper corporate emissions cuts needed by 2030 to keep Paris Agreement alive, analysis finds
Standalone renewable energy certificates, carbon removals and bioenergy undercut corporate claims, researchers suggest. Read More
How Google closes clean energy deals in as little as 2 months
With new standardized contracts, Google aims to scale the amount of ‘carbon-free’ energy supplying its data centers. Read More
Maersk hopes Amazon, Nestlé, Volvo, other customers will help it hit net zero by 2040
The world’s second-largest marine shipping company has a massive, complex task ahead of it. Read More
Walmart funds almost 1 gigawatt in new U.S. solar power
Half the power needed by the world’s largest retailer now comes from clean energy projects. Read More
Lego invests $2.4 million in direct-air capture carbon removal
Toymaker signs 9-year deal with Climeworks of Switzerland. Read More
Amazon, Google and Microsoft signal growing interest in nuclear, geothermal power
Rising demand from artificial intelligence is forcing big technology companies to look beyond wind and solar for clean energy. Read More