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Tax Planning & Fiscal Policy
Tag: emissions
Meta Backs Low-Carbon Cement Producer Fortera with Multi-Year EAC Deal to Tackle Heavy Industrial Emissions
In a significant move aimed at accelerating the decarbonization of one of the world’s most carbon-intensive industrial sectors, green building materials manufacturer Fortera and tech giant Meta announced a multi-year partnership centered on the purchase of environmental attribute certificates. Under the newly unveiled agreement, Meta will acquire environmental credits tied to the production of low-carbon…
Salesforce Commits to Purchasing 500,000 Carbon Credits from Mitti Labs to Tackle Rice Methane Emissions
Global customer relationship management solutions provider Salesforce has announced a significant new agreement with agricultural methane emissions reduction startup Mitti Labs. Under the terms of the multi-year accord, Salesforce has committed to purchasing 500,000 carbon credits over the next five years. These credits will be generated from targeted projects that empower tens of thousands of…
EU Lawmakers Push to Delay Methane Emissions Rules by Three Years to Protect Energy Security
Lawmakers in the European Parliament have voted decisively to delay stringent methane monitoring and reporting rules for foreign oil, gas, and coal importers by three years. In a 341 to 225 vote, the Parliament moved significantly further than the initial one-year postponement proposed earlier this month by the European Commission, anchoring its negotiating position around…
