Tokyo has launched a new carbon credit trading platform in partnership with Gold Standard to accelerate corporate decarbonization and strengthen its Zero Emission Tokyo Strategy. The initiative will integrate Gold Standard Verified Emission Reductions (GSVERs), making it easier for businesses in Tokyo to access high-quality carbon credits and advance their sustainability goals. The Tokyo Metropolitan Government and Gold Standard signed a Memorandum of Understanding (MoU) to ensure that companies have a credible mechanism for offsetting emissions. This platform aims to remove barriers, such as language accessibility, for businesses seeking to participate in carbon trading. Margaret Kim, CEO of Gold Standard,…
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Pipe for the Trans Mountain pipeline expansion is unloaded in Edson, Alta. on Tuesday June 18, 2019. (THE CANADIAN PRESS/Jason Franson) · The Canadian Press One of the biggest oil and gas bulls on Bay Street sees a potential end to Canada’s long stalemate on building new export-focused energy pipelines. Eric Nuttall says a political shift on the issue is underway ahead of Canada’s next federal election that could help de-risk billions in private-sector spending needed to make new links to foreign markets a reality. The fund manager at Toronto-based investment firm Ninepoint Partners says the catalyst is, of course,…
Editor’s note: this article originally appeared on the Rail Passengers Association and is republished with permission. So the “purge” has now come for Amtrak. After 16 years at the railroad spanning roles from intern to Chief Operating Officer before ascending to the top seat, Stephen Gardner abruptly resigned as Amtrak’s CEO, a move widely reported to have been orchestrated by the White House.Writes Bill Stephens at Trains magazine: “Nothing good will come from Wednesday’s dismissal of Amtrak CEO Stephen Gardner, who was pushed out as part of the White House’s purge of officials who are not deemed loyal to President Donald…
Captura is now selling carbon credits from its first commercial Direct Ocean Capture facilities, with Mitsui O.S.K. Lines signing the first large-volume offtake agreement for 30,000 tons Mitsui O.S.K. Lines has also invested in Captura through its venture capital arm, MOL Switch LLC, and entered a strategic partnership to explore deploying commercial Captura plants TOKYO & PASADENA, Calif., March 26, 2025–(BUSINESS WIRE)–Mitsui O.S.K. Lines (MOL), a global shipping leader, has become the first company to sign a large-volume offtake agreement for the permanent removal of carbon dioxide (CO2) from the atmosphere using Captura’s Direct Ocean Capture (DOC) technology. Under the…
Pedestrians walking across a crowded traffic at Shibuya crossing square in Tokyo, Japan.Jaczhou | E+ | Getty ImagesAsia-Pacific markets opened higher Wednesday, tracking Wall Street gains on expectations that U.S. President Donald Trump’s tariffs could be softer than expected earlier. Australia’s S&P/ASX 200 opened 0.71% higher.Japan’s Nikkei 225 rose 0.63% at the open, while the Topix added 0.39%. South Korea’s Kospi climbed 0.38% while the small-cap Kosdaq traded 0.28% lower.Hong Kong’s Hang Seng index futures were at 23,478 also higher than the HSI’s last close of 23,344.25.According to reports from The Wall Street Journal and Bloomberg, the White House’s planned tariffs…
Understanding REDD+ REDD+ stands for Reducing Emissions from Deforestation and Forest Degradation, with the “+” representing the additional focus on conservation, sustainable management, and forest carbon stock enhancement. Originally formalized under the 2010 Cancun Agreements of the United Nations Framework Convention on Climate Change (“UNFCCC”), REDD+ provides results-based payments to nations for reducing deforestation and forest degradation. Over time, private sector entities began adopting REDD+ principles for voluntary carbon markets, with standards such as the Verified Carbon Standard (VCS, now Verra) and Climate, Community & Biodiversity (“CCB”) Standards certifying REDD+ projects for carbon credit trading. REDD+ credits, based on avoided…
(Bloomberg) — As President Donald Trump moderates his approach on tariffs, options and futures traders are betting that the Federal Reserve won’t have to cut interest rates as much to fend off a recession. Most Read from Bloomberg Traders across many asset classes have been responding to signals from Trump that a coming wave of tariffs will likely be more targeted than anticipated when the levies are put in place on April 2. Given that tariffs were expected to weigh on economic growth — and force the Fed to step in to boost the economy — any relaxation of tariffs…
A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany.Ying Tang | Nurphoto | Getty ImagesVideo game retailer GameStop announced Tuesday its board has unanimously approved a plan to buy bitcoin with its corporate cash, echoing a move made famous by MicroStrategy.The meme stock jumped more than 6% in extended trading Tuesday following the news. The announcement confirmed CNBC’s reporting in February of GameStop’s intention to add bitcoin and other cryptocurrencies to its balance sheet.The video game retailer said a portion of its cash or future debt and equity issuances may be…
The National Audit Office (NAO) has called for clearer objectives and more reliable information on future UK infrastructure projects to effectively mobilise private finance. In a new report published today, the NAO said the government needed to improve the level of detail in the National Infrastructure and Construction Pipeline in terms of upcoming investment opportunities in order to ensure investor confidence. The NAO said providing more consistent and predictable information on projects would reduce uncertainty around infrastructure investment and financing, supporting longer-term planning by investors and helping to create a more competitive market. The report, ‘Lessons learned: private finance for…
Google is making another major move in carbon removal by participating in Frontier’s $33 million offtake agreement with Eion Carbon. This deal plans to cut about 79,000 tons of CO₂ by 2030. It uses enhanced rock weathering (ERW), a natural way to boost carbon absorption in rocks. Reilly O’Hara, Program Manager, Carbon Removal at Google, remarked on this deal, noting: “This deal isn’t just about removing CO2 – it’s also about building a robust, transparent understanding of enhanced weathering’s potential. By integrating with existing agricultural systems and prioritizing data sharing, Eion will help pave the way for scalable, impactful climate…