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H&M and Consortium for Climate Solutions Drive Renewable Energy Growth in Texas
Texas is attracting renewable energy developers despite political obstacles, with a notable 208-megawatt solar project linked to Massachusetts' Consortium for Climate Solutions. This initiative allows nonprofits to aggregate purchasing power for favorable rates, while also generating significant tax revenue for local communities. Additionally, the project includes a virtual power purchase agreement, enabling participants to support renewable energy without direct electricity access, further promoting collaboration among various organizations.
historic carbon credit deal aims to protect amazon rainforest
A coalition of developed countries and corporations has finalized a historic $180 million carbon credit sale from the Amazon rainforest, aimed at reducing deforestation in Brazil's Pará state. The initiative, led by the LEAF coalition, involves 30 multinational companies and promises to allocate funds to indigenous communities. With a goal to generate 12 million forest credits by 2026, this deal is seen as a crucial step in combating tropical deforestation and promoting sustainable forest management.
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