Zurich‑based carbon‑removal firm Climeworks has announced performance upgrades at its Iceland‑based Mammoth DAC‑and‑storage facility: refinements to CO₂‑capturing sorbent materials and plant mechanical design have more than doubled real‑world CO₂‑capture throughput while halving per‑ton operating costs after 18‑month operations, with upgraded collector containers hitting original design run rates; founded in 2009, the operator of the world’s first commercial DAC plants Orca and Mammoth plans to trial...

Global shipping leader A.P. Moller‑Maersk has struck a deal with London‑based Anemoi Marine Technologies for the world’s‑first Rotor Sail installation on a container vessel to boost ship efficiency and curb emissions. Founded in 2015, Anemoi’s wind‑powered Rotor Sail delivers auxiliary propulsion, cutting daily fuel use by roughly one ton and CO₂ emissions by around three tons per unit; the firm has previously rolled out this technology for bulk carriers yet never for container ships. Under the contract,...

According to UNEP’s new Limiting Overshoot report, the multinational target of capping global warming at 1.5°C is now out of reach, with a best‑case peak warming of 1.8°C and a median projection of 2.6°C by 2100 under current policies. While retaining 1.5°C as the long‑term global goal, the report identifies an “overshoot, peak and decline” pathway relying on net‑negative greenhouse‑gas emissions as the best remaining option, covering immediate deep emission cuts, coping measures at peak temperatures...

Geothermal‑project developer Fervo Energy has secured the world‑largest‑ever enhanced geothermal 396 MW power purchase agreement (PPA) with Google for output from its Utah‑based Cape Station greenfield project, granting Google an expansion option for around 600 MW by June 2030 to bring total possible offtake close to 1 GW, news that sent Fervo’s post‑IPO shares up 25%; founded in 2017, Fervo applies oil‑and‑gas‑derived technologies including horizontal drilling to tap underground hot‑rock reservoirs,...

Led by attorneys‑general from Florida, Texas, Nebraska and Alaska, a coalition of 16 U.S. state attorneys‑general sent a letter to the Big 4 accounting firms (Deloitte, EY, PwC and KPMG), warning that the firms’ support for climate‑related disclosure frameworks including TCFD, NZFSPA and ISSB standards may breach auditor independence, integrity and objectivity duties, create conflicts of interest, and potentially violate state unfair‑practice laws and public‑contract terms; the letter also requests...

Australia’s Treasury has opened a consultation running until October 2, 2026 on efficiency‑boosting reforms for its ongoing mandatory climate‑related disclosure regime, which rolls out reporting obligations in phases starting from 2025 for large entities, 2026 for mid‑sized firms and originally planned for smaller companies in 2027, separate from a 2026‑budget proposal to lift reporting exemption thresholds for small businesses; the consultation weighs options to scrap or postpone the planned mid‑2030...

Aker Solutions, a global energy‑focused engineering and technology company, has signed a new agreement with Microsoft to advance the maturity, bankability and delivery of global carbon capture and storage (CCS) and carbon dioxide removal (CDR) projects. Under the deal, the two firms will work with developers, emitters, transport and storage providers, industry stakeholders and governments to support project development, cut execution risks, improve investment readiness including potential CDR credits,...

The EU proposed the Corporate Sustainability Due Diligence Directive (CSDDD) in 2022 and formally adopted it in 2024, requiring companies to identify and address human‑rights and environmental harms across value chains. The Corporate Sustainability Reporting Directive (CSRD) came into force for large EU‑based companies in 2024, with the first reporting for large non‑EU firms operating in the EU due in 2029. Under an August 2025 US‑EU trade framework agreement, the EU pledged to prevent the two rules...

Sustainability data solutions provider Deepki has acquired UK-based real estate sustainability consultancy Evora Global and its energy data collection subsidiary Metry, marking Deepki’s fifth acquisition following recent takeovers of AI startup Camion and energy service firm Sobre Energie. Founded in 2011, Evora offers professional sustainability consulting, software solutions and its proprietary SIERA platform for the real estate sector, while Metry delivers building energy data collection services....

Per Morningstar’s new report, U.S. sustainable investment funds posted nearly $3 billion of net inflows in Q2 2026, turning positive for the first time in almost four years after 14 straight quarters of outflows, with total assets jumping 13% to a record $398 billion driven by market gains and investor demand focused on power infrastructure, energy transition and passive vehicles—one smart grid ETF alone drew $3.1 billion to offset $3.6 billion in redemptions from active funds; globally (excluding...