Carbon Market News

Market Updates

Amazon Scales Carbon Credit Program To Support Supplier Decarbonization

Amazon is expanding its carbon marketplace to offer lower‑carbon fuel inset credits and superpollutant neutralization credits to suppliers and Climate Pledge partners. These credits support renewable diesel, biodiesel, and methane or refrigerant destruction, helping address difficult‑to‑abate logistics emissions. The move strengthens Amazon’s Sustainability Exchange platform and aims to accelerate supply‑chain decarbonization. By providing standardized access to high‑quality climate projects, Amazon supports partners’ emissions reduction efforts as it pursues its 2040 net‑zero commitment.
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#Amazon #CarbonCredits #SupplyChain #Decarbonization #NetZero #ClimateAction

Microsoft Hits 100% Renewable Energy Match With 40GW Portfolio

Microsoft declared victory on a promise it made five years ago. The company announced it’s hit 100% renewable energy matching for all global operations, backed by what it calls one of the world’s largest clean energy portfolios – 40 gigawatts of contracted renewable capacity spanning 26 countries. Of the 40GW contracted since 2020, 19GW is now online – enough to power 10 million US homes – with remaining capacity coming online by 2030. The company cut reported Scope 2 CO2 emissions by 25 million tons and deployed $806M through its Climate Innovation Fund, with 38% targeting energy systems.
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#Microsoft #RenewableEnergy #CleanEnergy #NetZero #Scope2 #EnergyTransition

TotalEnergies Hits Record $73 Million Carbon Credit Spend as 2025 Profits Stay Strong

TotalEnergies spent a record $73 million on carbon credits in 2025, a 49% increase from 2024, reflecting its growing use of offsets to manage hard‑to‑abate emissions while expanding renewables. Despite softer oil prices, the company delivered strong results with $15.6 billion in adjusted net income and continued major investments in clean energy, adding 8 GW of renewable capacity. Carbon credits remain a bridge in its net‑zero strategy as it cuts operational emissions and scales low‑carbon projects.
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#TotalEnergies #CarbonCredits #NetZero #EnergyTransition #ClimateStrategy #HardToAbate

Lidl to power 15% of UK ops with offshore wind supplied by RWE

Lidl’s UK operations will procure 100 GWh of offshore wind annually from RWE under a five‑year PPA, supplying just over 15% of its electricity needs. The energy comes from the 576‑MW Gwynt y Môr wind farm in the Irish Sea. Lidl operates more than 1,000 stores and 13 distribution centres across the UK. The agreement builds on the retailer’s earlier deal for 250 GWh/year from RWE’s Kaskasi project in Germany, starting 2028.
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#Lidl #RWE #OffshoreWind #RenewableEnergy #CorporatePPA #EnergyTransition #UK

SpaceX seeks to deploy solar-powered orbital data centres to serve AI

SpaceX has submitted a proposal to the FCC to launch a constellation of up to one million solar‑powered satellites designed to operate as orbital data centres. Targeting surging demand from AI, machine learning and edge computing, the satellites would fly in narrow orbital shells that allow over 99% sunlight exposure, enabling continuous power generation with minimal battery cycling. The project aims to deliver high‑reliability computing capacity from orbit while reducing energy constraints seen in terrestrial data infrastructure.
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#SpaceX #SolarPower #CleanEnergy #EnergyTransition #SpaceTechnology #OrbitalDataCenters #AIInfrastructure

Amazon, Google and Industry Leaders Form GIGA to Accelerate Europe’s Grid Overhaul

The newly launched Green Industrial Grids Association (GIGA) brings together more than a dozen companies with heavy electricity demand and direct exposure to grid constraints. Founding members include Amazon, Google, Microsoft and Meta, alongside industrial and energy firms such as Hitachi Energy, Siemens Energy and Linde. Several electric‑vehicle charging operators are also taking part.
As Europe confronts a €1.2 trillion grid investment gap by 2040 — with electrification, data demand and clean technologies accelerating faster than infrastructure can keep up — faster connections, greater mobilisation of private capital and timely regulatory reform are emerging as decisive issues for Europe’s competitiveness in the energy transition.
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#EnergyTransition #PowerGrids #GridInfrastructure #Electrification #CleanEnergy #Europe #Amazon #Google #Microsoft #Meta

Singapore to trial its green jet fuel procurement with 9 firms including Temasek, Google and SIA

The Civil Aviation Authority of Singapore (CAAS) and Singapore Sustainable Aviation Fuel Company (SAFCo) signed a memorandum of understanding with the companies involved at the Changi Aviation Summit. The companies are Boston Consulting Group, Changi Airport Group, DBS, GenZero, Google, OCBC, Temasek, Singapore Airlines and Scoot.
The trial will test Singapore’s national sustainable aviation fuel procurement system as a whole. In response to queries for more details—including the volume of fuel to be procured and the value of the trial—CAAS said these matters are still under negotiation, adding that the test will begin “soon” with an open tender to be launched for the first batch of fuel.
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#Singapore #SAF #SustainableAviationFuel #AviationDecarbonisation #EnergyTransition

Tesla Reports First-Ever Annual Revenue Drop in 2025, Carbon Credit Sales Also Dip 28%

Tesla reported its first-ever annual revenue decline in 2025, with total revenue falling 3% year-over-year to $94.8 billion, driven by weaker EV deliveries, price cuts, and competition, despite Q4 revenue of $24.9 billion slightly beating expectations. Regulatory carbon credit sales dropped 28% to $2 billion from a 2024 record $2.76 billion, with quarterly volatility: Q1 $595M (-14%), Q2 $439M (-26%), Q3 $417M (-5%), Q4 $542M (+30%). Amid automotive margin pressure, Tesla emphasized diversification into AI (xAI $2B investment), robotaxis (Cybercab), Optimus robots, energy storage (up 27%), and solar, positioning as a tech/energy platform beyond EVs.
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#Tesla #CarbonCredits #EVMarket #Revenue #MarketTrend #CleanEnergy

Exxon Launches Commercial CCS Operations With CF Industries In Louisiana

ExxonMobil launched commercial operations at its first CCS project with CF Industries’ Donaldsonville, Louisiana facility, capturing up to 2 million tons of CO₂ annually from the world’s largest nitrogen fertilizer site. The project leverages Exxon’s Gulf Coast infrastructure, with additional agreements for 2 million tons/year from AtmosClear and Lake Charles Methanol II, plus upcoming CCS with Linde and Nucor by 2026. Exxon is developing multiple Texas/Louisiana storage hubs for industry/power, alongside plans for a low-carbon data center FID by end-2026, positioning CCS as central to its low-emissions strategy.
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#Exxon #CFIndustries #CCS #CarbonCapture #LowCarbon #ClimateTech #USClimateAction #CarbonStorage

UK And EU Port Operators Launch Carbon Shipping Collaboration

UK’s Associated British Ports (ABP), Netherlands’ LBC Tank Terminals, Belgium/Netherlands’ North Sea Port, and Denmark’s Port of Esbjerg signed MOUs at the International North Sea Summit to develop CO₂ shipping corridors linking Northern Europe’s industrial emitters to UK/Danish offshore storage sites. The collaborations explore maritime transport as a flexible alternative to pipelines, leveraging ABP’s Immingham terminal for Viking CCS, LBC’s bulk storage, North Sea Port’s consolidation, and Esbjerg’s Greensand transit hub. Joint assessments aim to optimize port designs, value chains, and costs (potentially 20% savings per CCUS Association), positioning North Sea ports as key hubs in Europe’s low-carbon logistics.
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#CO2Shipping #CCUS #CarbonCapture #EUClimateAction #UKClimateAction #LowCarbonLogistics #CarbonTransport