On January 20, 2025, America witnessed another significant event: President Donald Trump’s inauguration in Washington, D.C. The ceremony marked the beginning of his four-year term, echoing his well-known slogan “Make America Great Again.”
In a bold move, Trump announced the U.S. withdrawal from the Paris Agreement. This decision initiated a major shift in the nation’s energy and climate policies. His “America First” energy strategy focuses on boosting fossil fuel production, rolling back regulations, and reducing government oversight. Supporters see this as a way to enhance energy independence and foster economic growth. However, critics warn it could lead to severe environmental damage and a loss of global leadership.
Exiting the Paris Agreement: A Signal to the World
President Donald Trump signed an executive order on Monday to withdraw the US from the Paris climate agreement. It signaled a huge setback for global efforts to combat climate change. This decision mirrors his 2017 move to pull the U.S. out of the same accord.
The Paris Agreement, formed in 2015, seeks to limit global temperature rise to 2.7°F (1.5°C) above pre-industrial levels. The fallback goal is to stay below 3.6°F (2°C). Countries set their emission reduction targets, which are expected to become more ambitious over time.
As reported by AP News, along with an executive order, Trump signed a letter to the United Nations, officially stating his intent to exit the agreement. The accord requires nations to cut greenhouse gas emissions from fossil fuels like coal, oil, and natural gas. In contrast, the Biden administration proposed reducing U.S. emissions by over 60% by 2035 as part of its climate strategy.
Trump’s decision further isolates the U.S. from key global allies. It raises concerns about the international community’s ability to tackle climate change without American leadership.
Biennial Transparency Report: Net Greenhouse Gas Emissions

According to the U.S. government’s most recent official projections, the full 2024 Policy Baseline sees the U.S. achieving net GHG emission reductions of:
Relative to 2005 levels
- 29 – 46% in 2030,
- 36 – 57% in 2035
- 34 – 64% in 2040
Trump Declares National Energy Emergency: Drilling and Deregulation
One of Trump’s most controversial moves was declaring an “energy emergency”. Trump said,
“The inflation crisis is caused by overspending and massive and escalating energy prices that is why I also declare a national energy emergency. America will be a manufacturing nation again and we will have something that no other manufacturing nation will ever have, the largest amount of oil and gas that any country on earth has and we are going to use it,”.
The White House stated that the U.S. lacks enough energy supply and infrastructure to meet its needs. It stressed the importance of reliable, affordable energy for industries, defense, and everyday life. High energy prices, worsened by past policies, hurt low- and fixed-income families the most.
The statement warned that foreign adversaries exploit U.S. energy weaknesses, targeting infrastructure and manipulating global markets. Energy security is crucial for protecting Americans and stabilizing the economy. A strong domestic energy supply reduces reliance on foreign sources and ensures national security.
Notably, the Trump administration has promised to reduce energy prices as a measure to combat high inflation.
Unleashing Alaska’s Resource Potential
Alaska holds a special place in Trump’s energy strategy and broadly in American energy dominance. In Alaska, Trump issued an executive order to lift restrictions on oil drilling in the Arctic National Wildlife Refuge (ANWR). Beyond opening the ANWR to drilling, Trump’s policies focus on expanding resource extraction across the state, including mining and natural gas projects.
The administration argues that Alaska’s resources are vital for national security and economic growth. He also plans to fast-track permits for energy projects, claiming that lengthy bureaucratic processes hinder economic growth.
However, these actions face significant opposition. Environmental activists warn that increased drilling could accelerate climate change, particularly as the Arctic warms at twice the global average. Indigenous groups, too, are voicing concerns about the impact on their cultural heritage and traditional practices.
- MUST READ: Trump’s Tactic to Make America Great Again: Expanding Domestic Oil, Gas, and Critical Minerals
This stance could stall progress in the rapidly growing renewable energy sector. Over the past decade, wind and solar power have become more competitive, creating thousands of jobs. Industry leaders worry that removing federal support will slow innovation and weaken the United States’ position in the global clean energy race.
Meanwhile, states like California and New York have pledged to continue their investments in renewables. California, for example, has vowed to continue its aggressive climate policies, including a ban on gas-powered car sales by 2035.

Rolling Back EV Push and Emissions Rules
Electric vehicles (EVs) have been at the forefront of climate solutions. However, Trump plans to repeal federal tax credits for EVs and reverse energy efficiency mandates. These rollbacks aim to reduce government intervention in the auto industry and encourage consumer choice.
Reuters recently reported that the Biden administration’s goal of having 50% of new vehicles sold in the U.S. be electric by 2030 was non-binding but had gained support from automakers across the globe.
Critics argue that this approach favors gasoline-powered vehicles, delays the transition to cleaner transportation, and can potentially increase carbon emissions. Automakers, who have already invested heavily in EV production, face uncertainty about future regulations. Meanwhile, countries like China and Germany continue to dominate the EV market, leaving the U.S. at risk of falling behind.
Suzanna Massingue, a low-carbon transportation analyst at S&P Global explained that Trump has repeatedly criticized EVs, targeting the Biden-era EV tax credit and the shift toward electrification. Removing this tax credit would hurt the U.S. EV industry and delay cost parity with gas-powered cars.

The Paradox of America’s Progress Under Trump’s Rule
President Trump’s “America First” energy strategy represents a paradox in U.S. climate policy. On one side, it focuses on boosting economic growth, energy independence, and creating jobs through fossil fuel expansion. On the other side, critics warn that this approach could harm the environment and hurt the country’s global leadership in tackling climate change.
The Anti-Trump group believes that by prioritizing deregulation and fossil fuels, the administration is aiming for short-term economic benefits. Moreover, legal challenges already exist, with environmental groups preparing to fight in court. They argue that many of Trump’s policies violate laws that protect the environment and public health.
In conclusion, America’s energy future seems uncertain at this moment. Legal battles, market shifts, and state policies will all play an important role in determining America’s carbon footprint. Most significantly, Trump’s withdrawal from the Paris Agreement has sparked significant criticism. But how much America will truly benefit from this approach– only time will tell!
The post Trump’s “America First” Energy Agenda: The Critical Points You Must Know appeared first on Carbon Credits.
Carbon Footprint
Rio Tinto and Hydro Invest $45 Million to Cut Aluminum Emissions
Aluminum is everywhere, from cars to cans, but its production is a major carbon polluter. With global aluminum demand soaring, Rio Tinto and Hydro will $45 million in carbon capture tech to cut emissions. Could this be the breakthrough the industry needs?
The Carbon Footprint of Aluminum: A Heavyweight Problem
Aluminum production accounts for about 2% of global carbon emissions. The industry emits about 1.1 billion metric tons of CO₂ per year. That’s the same as the emissions from 150 million U.S. homes.
The electrolysis process alone is responsible for 791 million metric tons. Electrolysis is the main step in aluminum smelting. It uses carbon anodes, which release CO₂ during the process. This stage accounts for around 75% of a smelter’s direct CO₂ emissions.
With transportation, construction, and packaging relying on aluminum, we must reduce its environmental impact. Many aluminum producers are now seeking ways to cut emissions and reach net-zero targets.
A $45 Million Push for Carbon Capture
To tackle this, Rio Tinto and Hydro will invest $45 million over the next five years to develop carbon capture technologies for aluminum smelting. Smelting takes up most of the total GHG emissions of aluminum production.

The partnership focuses on finding, testing, and scaling up methods to capture and store CO₂ emissions from the electrolysis process. The initiative includes:
- Testing carbon capture technologies from laboratory research to real-world applications.
- Running pilot projects at Rio Tinto’s facilities in Europe and Hydro’s sites in Norway.
- Sharing research, costs, and expertise to accelerate progress.
Why Carbon Capture Is Difficult in Aluminum Smelting
Capturing carbon in aluminum production is more challenging than in other industries like power generation. This is because CO₂ levels in aluminum smelter emissions are extremely low (only about 1% by volume). This makes conventional carbon capture methods less effective.
There are two main approaches to capturing CO₂ from aluminum smelters:
- Point source carbon capture: This technology captures emissions at the source but must be adapted for lower CO₂ concentrations.
- Direct air capture (DAC): While typically used to remove CO₂ from the atmosphere, DAC could be modified to work in aluminum smelters.
Both methods need significant development to move from the lab to full-scale commercial use. This is where Rio Tinto and Hydro’s investment plays a key role in advancing these technologies.
Racing Toward Net-Zero: Can They Pull It Off?
This partnership is part of a broader push toward decarbonizing aluminum production. Both companies have already been working on independent initiatives, including:
- ELYSIS (Rio Tinto & Alcoa): A joint venture focused on developing carbon-free aluminum smelting technology.
- HalZero (Hydro): A new smelting process that eliminates CO₂ emissions from aluminum production.
While these long-term projects aim to create zero-emission aluminum, carbon capture can help reduce emissions from existing smelters. By combining their expertise, Rio Tinto and Hydro hope to make these technologies commercially viable sooner.
The Surge in Demand for Green Aluminum
As industries transition toward sustainable materials, demand for low-carbon aluminum is rising. Companies in automotive, construction, and packaging are seeking greener alternatives to meet climate targets.
Global aluminum demand is projected to rise nearly 40% by 2030, according to CRU International’s report for the International Aluminium Institute (IAI). The industry must produce an extra 33.3 million metric tons (Mt), increasing from 86.2 Mt in 2020 to 119.5 Mt in 2030. Key drivers of this growth include transportation, construction, packaging, and the electrical sector, which will account for 75% of total demand.

China will remain the largest consumer of semi-finished aluminum products by 2030. The Asian country makes up for over 45% of the market since 2015.
As industries push for lighter, more sustainable materials, aluminum’s role in global manufacturing will expand. This emphasizes the need for efficient production and decarbonization efforts to meet the rising demand sustainably.
Regulations are also pushing aluminum producers to reduce emissions. Governments worldwide are setting stricter carbon limits and introducing carbon pricing mechanisms that penalize high-emission industries. Carbon capture for aluminum production could give Rio Tinto and Hydro a competitive edge in this evolving market.
Beyond Carbon Capture: Other Ways to Cut Emissions
Beyond carbon capture, the aluminum industry is exploring other solutions to reduce emissions and energy use:
- Recycled Aluminum: Producing aluminum from recycled materials uses 95% less energy than primary production. Expanding aluminum recycling can significantly cut industry-wide emissions.
- Inert Anodes: Traditional carbon anodes release CO₂ during electrolysis, but inert anodes could eliminate these emissions. This technology is still in development but shows great potential.
- Renewable Energy-Powered Smelters: Switching from fossil fuels to solar, wind, or hydroelectric power can drastically reduce emissions from aluminum production.
By combining these strategies with carbon capture, the industry can move closer to achieving net-zero emissions.
Rio Tinto and Hydro’s partnership marks a major step toward decarbonizing aluminum smelting. If successful, their investment could lead to groundbreaking advancements that benefit the entire sector. By working together, they are taking a critical step toward making low-carbon aluminum a reality—a move that aligns with global climate goals and industry sustainability efforts.
- READ MORE: Rio Tinto and Imperial College London Launch $150 Million Partnership to Power the Energy Transition
The post Rio Tinto and Hydro Invest $45 Million to Cut Aluminum Emissions appeared first on Carbon Credits.
Carbon Footprint
Palantir Reports Record-Breaking Q4 and Net Zero Success
Palantir Technologies Inc. (NASDAQ: PLTR) released its financial results for the fourth quarter ending December 31, 2024. The company showed strong growth in key areas. Its success mainly came from its artificial intelligence (AI) solutions, which integrate advanced technology into commercial and government sectors.
Their core work revolves around combining AI and machine learning, helping clients analyze data more efficiently and make smarter decisions. They work closely with the U.S. Department of Defense, intelligence agencies, and global allies to improve data management, strengthen decision-making processes, and enhance security. This is how it plays a vital role in both the public and private sectors.
Alexander C. Karp, Co-Founder and Chief Executive Officer of Palantir Technologies Inc. said,
“Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution. Our early insights surrounding the commoditization of large language models have evolved from theory to fact. I would also like to congratulate Palantirians for their extraordinary contributions to our growth. They have earned every bit of the compensation from the delivery of their market-vesting stock appreciation rights (SARs).”
U.S. Market Fuels Palantir’s Strong Q4 Performance
Palantir’s fourth-quarter results reflected significant growth in the U.S. market.
- Total revenue reached $828 million, a 36% year-over-year increase and 14% growth from the previous quarter.
- U.S. revenue alone surged 52% compared to the prior year, hitting $558 million.
In the commercial sector, U.S. revenue climbed 64% year-over-year, reaching $214 million, while government revenue grew by 45% to $343 million. The company also set a record by closing $803 million in total contract value (TCV) for U.S. commercial deals, marking a 134% increase year-over-year.
Karp also noted,
“The demand for large language models from commercial institutions in the United States continues to be unrelenting. Every part of our organization is focused on the rollout of our Artificial Intelligence Platform (AIP), which has gone from a prototype to a product in months. And our momentum with AIP is now significantly contributing to new revenue and new customers.”
Financial Highlights in Q4
The company achieved impressive operational and financial results during the quarter which further indicated a strong performance. The key success parameters were:
- Generated $460 million in cash from operations, reflecting a healthy 56% margin. Additionally, its adjusted free cash flow climbed to $517 million, with a higher margin of 63%.
On the earnings front, Palantir reported a GAAP net income of $79 million, equivalent to $0.03 per share. When excluding one-time stock-related expenses, net income significantly increased to $165 million, or $0.07 per share. Furthermore, the company’s adjusted earnings per share (EPS) rose to $0.14, which drove its shareholder value.

Expanding Customer Base and Key Deals
Palantir added new customers at a rapid pace, with its customer base growing 43% compared to the previous year. The company closed 129 deals worth at least $1 million, 58 deals valued at $5 million or more, and 32 deals exceeding $10 million.
The company’s remaining deal value (RDV) for U.S. commercial contracts rose to $1.79 billion, nearly doubling from the prior year. These figures highlight Palantir’s growing influence across industries.
Fiscal Year 2024 Was All About Sustained Growth
Palantir delivered strong results for the full year, with total revenue reaching $2.87 billion—an impressive 29% growth compared to the previous year.
The U.S. market played a key role, contributing $1.9 billion to the total. Commercial revenue saw remarkable growth, surging 54% to $702 million, while government revenue increased 30%, reaching $1.2 billion.
Other significant revenue drivers were:
- Robust cash flow that generated $1.15 billion from operations with a solid 40% margin.
- It reported an annual net income of $462 million. It reflected a 16% margin with sustainable profitability.
- With $5.2 billion in cash and short-term investments, Palantir envisions growth and expansion in the future.
Palantir’s 2025 Outlook: Strong Growth Ahead
The company is already envisioning strong financial expectations for 2025, projecting solid growth across several key areas. For the first quarter of 2025, the company anticipates:
- Revenue between $858 million and $862 million.
- Adjusted operating income between $354 million and $358 million.
For the full year 2025, Palantir anticipates total revenue between $3.741 billion and $3.757 billion, driven by a growth rate of at least 54% in U.S. commercial revenue, which is expected to exceed $1.079 billion.
The company is also projecting adjusted operating income to range between $1.551 billion and $1.567 billion, with adjusted free cash flow between $1.5 billion and $1.7 billion. It will also continue to report GAAP operating income and net income each quarter, ensuring transparency while navigating the ambitious targets.
Palantir’s Commitment to Net Zero
Palantir Technologies UK achieved carbon neutrality in 2023 which was a significant milestone in its sustainability journey. The company retired carbon credits to offset all remaining emissions, aligning with its 2021 Climate Pledge.
Committed to achieving Net Zero, Palantir is focused on reducing emissions further and aligning with the UK Carbon Reduction Plan that focuses on limiting global warming to 1.5°C.
Total Carbon Emissions 2023
While Palantir acknowledges that its direct emissions—Scope 1, 2, and 3—are relatively small on a global scale, it believes its greatest contribution lies in empowering its customers. In this perspective, the company helps businesses track and reduce emissions, particularly within complex supply chains.
Its tools are already enabling companies to transition to clean energy and adopt e-mobility solutions, paving the way for a Net Zero future.
- In 2023, Palantir reported emissions totaling 4,196 tCO2e, a significant drop from its baseline year emissions of 7,161 tCO2e in 2019.

Renewable Energy Goals
Palantir has joined forces with leading organizations to accelerate global sustainability efforts. The company plays a vital role in helping its partners decarbonize supply chains, enhance grid resilience, and roll out EV networks. Its innovative Agora platform, launched in 2022, enables global commodity companies to track and reduce emissions across the value chain.
The company also supports renewable energy projects and uses digital twin technology to improve efficiency in energy-intensive industries.
Mitigating Cloud Compute and Data Center Emissions
Cloud computing has been one of Palantir’s biggest sources of carbon emissions. However, advancements in cloud efficiency and the use of sustainable energy by partners like AWS, Microsoft Azure, and Google Cloud have significantly reduced this impact.
- In 2023, Palantir cut cloud-related emissions by 32% compared to the previous year.
This progress came from improved compute efficiency in its platforms—Foundry, Gotham, Apollo, and the Artificial Intelligence Platform (AIP)—along with ongoing engineering efforts.
The company’s teams are continuously finding new ways to optimize cloud usage. By balancing efficiency with business growth, Palantir stays on track with its sustainability goals.
Slashing Travel Emissions with SAF
As a global company, business travel is essential to Palantir’s operations which also impacts its Scope 3 emissions. To reduce this impact, Palantir encourages employees to opt for virtual meetings when possible and carefully considers the need for in-person meetings to balance environmental and business needs.
In 2023, Palantir also continued its partnership with United Airlines’ Eco-Skies Alliance, committing to the use of sustainable aviation fuel (SAF) for its air travel. This initiative aims to lower its travel-related emissions while still supporting face-to-face collaboration.
Palantir’s impressive financial results in 2024 along with its reduced carbon emissions, highlight its commitment to both growth and sustainability. The company is on track to continue innovating and expanding, setting itself up for long-term success.
The post Palantir Reports Record-Breaking Q4 and Net Zero Success appeared first on Carbon Credits.
Carbon Footprint
Clean Energy Investment Hits $2.1 Trillion: A Step Closer to Net Zero or a Missed Mark?
Global investment in energy transition technologies reached an all-time high of $2.1 trillion in 2024, according to BloombergNEF. This marked an 11% increase from the previous year, driven by EVs, renewable energy, and advanced grid infrastructure. While the record-breaking investment highlights growing momentum toward cleaner energy solutions, experts caution that current funding levels fall far short of what’s needed to meet global climate targets.
Countries are ramping up investments in low-carbon energy to tackle climate change and meet Paris Agreement targets. However, experts warn that the current spending pace isn’t enough.
Bloomberg’s latest Energy Transition Investment Trends report shows that to hit net-zero emissions by 2050, global investment needs to triple to $5.6 trillion annually between 2025 and 2030. The gap is massive, highlighting the urgent need for bigger commitments and faster action.
Why do Energy Transition Investments Matter for Net Zero?
The energy sector plays a crucial role in addressing climate change as it contributes to approximately 75% of global greenhouse gas emissions. With temperatures rising every year, this transition to clean energy has become increasingly urgent.
Countries have committed to reducing emissions sustainably, aiming to keep global temperature rise below 2°C and limiting it to 1.5°C. The Paris Agreement target would be fulfilled only when the energy sector can reach net zero emissions by 2050.
This transition significantly requires phasing out fossil fuels fairly and systematically while eliminating inefficient fossil fuel subsidies that hinder transition.
Closing the Funding Gap
Now talking about the key factor i.e. investments. Governments and businesses are focusing on sustainable solutions like electric vehicles (EVs) and renewable energy. This certainly gives a positive signal towards developing a low-carbon economy.
However, there’s a funding gap. As said before, global investments in energy transition technologies reached $2.1 trillion. Yet, this amount is only 37% of the annual $5.6 trillion required from 2025 to 2030 to meet net-zero targets.
Achieving the net zero target will require not only increased funding but also bold policies and stronger international cooperation. Governments will need to be more decisive in scaling up efforts, remove barriers, and foster innovation across energy sectors.
For instance, accelerating progress in renewable energy, electrified transport, and grid modernization. With faster progress the funding gap can close and combating climate change will be easier.
Which Sector Took the Lead?
The report revealed that last year electrified transport topped the charts, pulling in $757 billion in funding. This includes investment in electric cars, commercial EV fleets, public charging networks, and fuel cell vehicles. With the EV market booming, it’s clear the world is betting big on cleaner mobility solutions.
Renewable energy also performed well. Globally $728 billion was invested in wind, solar, biofuels, and other green power sources. Additionally, power grid modernization secured $390 billion for upgrades like smarter grids, improved transmission lines, and digital tools to manage energy demand. Nuclear investment was flat at $34.2 billion.
In contrast, investment in emerging technologies, like electrified heat, hydrogen, carbon capture and storage (CCS), nuclear, clean industry and clean shipping, reached only $155 billion, for an overall drop of 23% year-on-year.
Investment in these sectors was hampered by affordability, technology maturity, and commercial scalability. Thus, the public and private sectors must work together to progress these technologies to reduce emissions.
Mature vs. Emerging: Where Clean Energy Investments Stand
Bloomberg further categorized investments into “mature” and “emerging” sectors. Mature technologies like renewables, energy storage, EVs, and power grids dominated funding while emerging sectors such as hydrogen, CCS, electrified heating, clean shipping, nuclear, and sustainable industries lagged.
- The mature Sector attracted $1.93 trillion in investments, accounting for the bulk of global energy transition funding.
- The emerging sector closed $154 billion in investments, making up just 7% of the total.
Despite facing challenges like higher interest rates and changing policies, mature technologies saw steady growth, increasing by 14.7% compared to the previous year. Their proven scalability and established business models make them trustworthy for governments and investors.
In contrast, emerging technologies faced significant setbacks. Investment in these sectors dropped by 23%, mainly due to high costs, unproven scalability, and limited commercial readiness. These challenges continue to slow their progress and hinder their potential to scale effectively

China Leads the Energy Investment Race
In 2024, mainland China emerged as the top market for energy transition investment, contributing $818 billion—a 20% rise from the previous year. This growth accounted for two-thirds of the global increase, with sectors like renewables, energy storage, nuclear, EVs, and power grids seeing robust development. China’s total investment surpassed the combined contributions of the US, EU, and UK.
Notably, China’s energy investment now equals 4.5% of its GDP, outpacing other nations like the EU and the US. While the US remains the second-largest market with $338 billion, Germany took third place, investing $109 billion in clean energy.
Other players like India and Canada also contributed to the global growth story, increasing investments by 13% and 19%, respectively.
2035 Forecast: A 3.6X Surge in Clean Energy Spending
To conclude Bloomberg came up with an investment forecast for 2030. The report says clean energy spending is set to rise sharply after 2030.
- Between 2031 and 2035, annual investments are projected to reach $7.6 trillion—3.6 times higher than 2024 levels.
- This marks a 37% increase compared to the annual spending expected between 2025 and 2030.
Electrified transport, including EVs and charging infrastructure, will continue to dominate investments during this period. As demand for clean mobility grows, funding for these technologies is likely to accelerate further, supporting the transition to a low-carbon future.
Thus, this steep rise in renewable energy spending after 2030 highlights the necessity for quick action. However, this year with Trump taking over, his stance on clean energy investment has been mixed. He has continued to promote traditional energy sources over clean energy, aligning with his “America First” agenda.
The post Clean Energy Investment Hits $2.1 Trillion: A Step Closer to Net Zero or a Missed Mark? appeared first on Carbon Credits.
-
Greenhouse Gases9 months ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change9 months ago
嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Climate Change1 year ago
Spanish-language misinformation on renewable energy spreads online, report shows
-
Climate Change Videos1 year ago
The toxic gas flares fuelling Nigeria’s climate change – BBC News
-
Climate Change1 year ago
Why airlines are perfect targets for anti-greenwashing legal action
-
Climate Change1 year ago
Clouds now contains plastic, contaminating ‘everything we eat and drink’
-
Climate Change1 year ago
Farmers turn to tech as bees struggle to pollinate
-
Climate Change Videos1 year ago