AI, cloud boom increases Microsoft emissions 23% since 2020 despite decarbonisation drive
Tech behemoth Microsoft on Thursday reported that its total greenhouse gas emissions have risen by more than 23% from 2020 levels, driven by the rapid expansion of its AI and cloud infrastructure, even as the company significantly increased investments in carbon removals and clean energy.
Read MoreUS Supreme Court limits scope of NEPA review
The US Supreme Court (SCOTUS) on Thursday curtailed environmental review mandates for infrastructure projects under the National Environmental Policy Act (NEPA).
Read MoreCalifornia class action suit targets RJ Reynolds for using dubious offsets to market Vuse vapes as carbon neutral
RJ Reynolds Vapor Company and its parent British American Tobacco (BAT) are facing a proposed class action lawsuit in California alleging they misled consumers by falsely claiming that their Vuse vape products are carbon neutral by using offsets tied to questionable forestry projects.
Read MoreUS central bank dismantles internal climate-focused groups -media
The US Federal Reserve disbanded several committees tasked with assessing financial risks and vulnerabilities related to climate change, media reported Wednesday, reflecting a broader rollback in the financial sector.
Read MoreBrazilian bank offers $1.4 bln in loans for environmental recovery, low-carbon agriculture
A regional Brazilian development bank announced this week it will offer R$7.8 billion ($1.4 bln) in sustainable credit to projects in areas including environmental recovery, low-carbon agriculture, and green hydrogen, among others.
Read MoreBrazilian ag commodities trader, producer team up on soil carbon project
A Sao Paulo-based carbon trading firm and an agricultural producer in Brazil’s Cerrado region are collaborating on a large-scale soil carbon project.
Read MoreYouth coalition sue Trump administration over “unleashing” fossil fuels in constitutional climate case
A group of 22 youth from across the US filed a constitutional lawsuit on Thursday, alleging that a number of recent executive orders (EOs) issued by President Donald Trump violate their fundamental rights by expanding fossil fuel development while suppressing climate science.
Read MoreGevo buys $637.5k in carbon removal credits in deal linked to North Dakota CCS acquisition
Sustainable aviation fuel (SAF) developer Gevo has agreed to purchase $637,500 worth of CO2 removal certificates (CORCs) from South 8 Energy as part of a broader transaction tied to its acquisition of a North Dakota ethanol plant and carbon capture infrastructure.
Read MoreUNFCCC Secretary praises Mexico’s climate strategy, urges leaders to submit strong NDC
During a trip to Mexico’s capital city this week, UN Climate Change Executive Secretary Simon Stiell praised Mexico’s new climate strategy while encouraging the nation to submit a strong Nationally Determined Contribution (NDC).
Read MoreBrazil not planning ITMO trade until next GHG inventory -official
COP30 host Brazil won’t consider the trade of Internationally Transferred Mitigation Outcomes (ITMOs) under Article 6.2 of the Paris Agreement until completion of a national GHG inventory expected next year, according to a national environmental official.
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