European low-cost carrier Wizz Air has announced the launch of its new roadmap, “Flying Towards Net Zero,” outlining its plan to reach net zero carbon emissions by 2050. The airline’s plan includes a nearly 90% reduction in emissions, with the majority of the reductions to be achieved through the use of sustainable aviation fuel...
Hydrogen Steel Revolution: HYFOR-Smelter Plant to Deliver Near-Zero CO₂ Ironmaking by 2027
In a landmark move for the global steel industry, a powerful consortium—Primetals Technologies, Mitsubishi Corporation, Rio Tinto, and voestalpine—is building the world’s first integrated industrial-scale hydrogen-based direct reduction and smelting plant in Linz, Austria. Scheduled for launch in mid-2027, the facility promises ...
Google Signs Asia Pacific’s First Offshore Wind PPA, Advancing 24/7 Carbon-Free Energy Goals in Taiwan
Google has signed a landmark offshore wind power purchase agreement (PPA) in Taiwan, marking its first such deal in the Asia Pacific region and a significant stride toward its goal of running entirely on carbon-free energy, 24/7, by 2030. The agreement commits Google to purchasing clean electricity from the 495 MW Fengmiao I ...
Global CEOs Demand Fast-Track to Renewable Energy or Threaten to Relocate Operations
In:
Markets
A powerful new report reveals near-unanimous support among global business leaders for a rapid transition to renewable electricity, as companies warn of operational relocations and lost competitiveness if access to clean energy remains limited. According to Powering Up: Business Perspectives on Shifting to Renewable Elec...
EU Approves €3.26B for France’s Green and Digital Reforms
The European Commission has approved a €3.26 billion payment to France under the EU’s Recovery and Resilience Facility (RRF), confirming that the country has met all required milestones for this fourth installment of funding. “France has fulfilled the milestones and targets required for this payment, financed under the Recove...
Mati Carbon Wins $50M XPRIZE for Scalable Carbon Removal on Farmlands
In:
Decarbonization
In a landmark moment for climate innovation, Houston-based startup Mati Carbon has won the $50 million grand prize in the XPRIZE Carbon Removal competition, the largest incentive award in climate tech history. The company’s enhanced rock weathering approach, deployed across smallholder farms in India, beat ov...