Browsing: carbon

When the European Commission settled its emissions cartel case against BMW, Volkswagen, and DaimlerChrysler in 2021, the €875 million fine…

During a recent visit to China alongside German Chancellor Friedrich Merz, BMW Group CEO Oliver Zipse signed a memorandum of understanding with CATL, formalizing a partnership aimed at lowering the embedded carbon footprint of BMW’s electric vehicles by reworking battery sourcing and production processes.

Europe’s largest business lobby, BusinessEurope, is calling for targeted reforms to the multi billion euro carbon market, arguing that the current trajectory risks accelerating deindustrialization at a time when energy costs and global competition are already straining manufacturers.

Amazon has pledged more than 40GW of carbon-free energy capacity across over 700 projects worldwide, a portfolio the company says could power more than 12.1 million U.S. homes.

Kenya is positioning itself as a key player in global carbon markets with the launch of its national carbon registry, a platform designed to improve transparency, prevent double counting, and verify emissions reductions at a time when scrutiny of climate offsets is intensifying worldwide.

More than 30 emissions trading systems are now in force or under development worldwide, according to the International Carbon Action Partnership, and the maritime sector is increasingly caught between overlapping carbon regimes.

In the heart of Madhya Pradesh’s steel belt, furnaces burn day and night, producing the metal that underpins India’s highways, railways, and high-rises. For workers, the economic payoff is clear, but so is the environmental cost. India’s steel sector emits more than 2.5 tonnes of CO₂ per tonne of steel produced, significantly above the global average, and heavy industries remain the country’s largest industrial greenhouse gas emitters.

As hydrogen projects face rising costs and a growing list of cancellations globally, new data from DNV’s Oil and Gas Decarbonisation in the Gulf Region report underscores why the technology remains strategically central in the Middle East.

The European Investment Bank’s approval of a €3 billion Frontloading Facility underscores growing concern within EU institutions that the rollout of the second Emissions Trading System for heating and road fuels could face public resistance unless its social impacts are managed well in advance.

With carbon capture and storage infrastructure advancing unevenly across the Midwest, Iowa lawmakers are now testing whether fiscal policy should shape the state’s role as a CO2 transport corridor.