Weekly News Highlights

Stay up-to-date on the latest news and announcements from the carbon offsetting industry and environmental initiatives. Learn about new projects, partnerships, and regulations that are shaping the future of carbon offsetting, nature restoraiton, and sustainable growth.

Here are this week's news highlights:

Tesla’s latest earnings report highlights a striking contrast: while profits decreased, its carbon credit revenue soared to record levels. The company posted $8.4 billion in net income for 2024, marking a 23% drop from the previous year and a 40% decline from its peak in 2022. Vehicle deliveries also dipped slightly, reinforcing concerns over shifting market demand and intensifying competition. However, one revenue stream remained a bright spot—Tesla’s carbon credit business.

Microsoft has reinforced its position as the largest buyer of carbon dioxide removal (CDR) credits with a new agreement to acquire 7 million credits. The credits will be supplied over a 25-year period, marking one of the most substantial offtakes of its kind.

The sustainable bond market is poised to maintain its momentum in 2025, with global issuance projected to reach $1 trillion for the fifth consecutive year, according to Moody’s Ratings. Despite evolving political landscapes and increased scrutiny, investor interest in sustainable finance remains robust, driven by commitments to clean energy, climate adaptation, and biodiversity conservation.

If you're keen to dive deeper into the carbon market and explore topics related to environmental sustainability, this is your go-to source for insightful information.

Read the full articles on Green Earth News here.

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