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Emission: Impossible

A new carbon capture innovation is good news for the planet — and Big Tech

The method could make removing atmospheric carbon 6x more efficient, meaning even more carbon credits for companies like Microsoft to buy.

Millie Giles

MIT engineers reported on Tuesday that they’ve developed nanofiltration membranes to help solve the bottleneck hindering current carbon capture methods. Put simply, carbon capture and storage (CCS) systems rely on two reactions: one that removes diluted CO2 from the air, and one that releases pure CO2 from the system to be stored. When the ions that power these reactions mix, they produce water, making the process less efficient. 

According to the paper, the new filtering membranes, which would work by separating these ions, could make CCS systems 6x more efficient and cut costs by as much as 30%. While reducing atmospheric CO2 is a boon for the environment, it’s also paradoxically beneficial to the emission-producing industries that buy carbon credits to meet sustainability goals.

Ready, offset, go

Carbon capture is becoming a big business. Some of the world’s largest (and top-polluting) companies have come to rely on carbon offsets to hit net-zero targets. At present, these offsets are mostly natural solutions like tree-planting projects, but there’s been a huge upswing in CCS systems recently.

Carbon capture chart
Sherwood News

Last month, The IEA reported that while the first quarter of 2025 saw over 50 million metric tons of CO2 capture and storage capacity in operation, capacity is projected to grow strongly, reaching ~430 million metric tons by 2030.

A major driving force behind the surge in CCS developments is the eye-watering growth of Big Tech. According to analysis from Carbon Brief, tech companies like Microsoft and Apple generally use higher proportions of removal-based offsets than other industries like oil or airlines, and demand has only increased as these giants have gone all in on energy-guzzling data centers to power AI.  

In its global carbon markets outlook for 2025, Bloomberg outlined that new contracted volumes of carbon removal credits increased by 74% last year, predicted that theyll double this year, and detailed that Microsoft alone bought nearly two-thirds of new contracts last year, or ~5.1 million carbon removal credits.

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9.3%

As the war with Iran produces the biggest spike in US gas prices since Hurricane Katrina, car retailer CarMax is continuing to see heightened interest in EVs, hybrids, and plug-in hybrids.

“From Feb 1st - March 1st (inclusive), compared to March 2nd to March 15th (inclusive), we saw a 9.3% lift in page views for these vehicles,” a spokesperson for the company told Sherwood News.

As industry insiders recently told us, EV interest climbs when gas prices rise. That appears to be holding true even without EV tax credits, which the Trump administration ended under its new budget package.

CarMax also saw EV searches spike in 2022, amid Russia’s invasion of Ukraine and the resulting oil price spike.

Walt Disney Chairman And CEO Bob Iger Rings Opening Bell At NY Stock Exchange

It’s the end of Disney’s Iger era (again)

Incoming CEO Josh D’Amaro is replacing Bob Iger on Wednesday, though Iger will remain a senior adviser through the end of the year.

$35.4B

The tariffs imposed by the Trump administration have cost automakers at least $35.4 billion since the start of 2025, according to a new analysis by Automotive News.

That total will continue to climb this year, since the Supreme Court’s February tariff ruling largely leaves the 25% levy on vehicles and auto parts untouched.

Toyota has taken the biggest hit, projecting more than $9 billion in tariff costs in its fiscal year ending this month, while Detroit’s big three automakers — Ford, GM, and Stellantis — were hit with a combined $6.5 billion tariff charge in 2025.

In the fourth quarter, automakers sold about 8% fewer imported vehicles in the US compared to the same period a year ago, per the Automotive News Research & Data Center.

Tariff charges come at a rough time for legacy carmakers, which are also scaling back EV plans following the Trump administration’s elimination of tax credits and fuel standard goals. According to Automotive News, the cost of EV write-downs and restructuring is, so far, nearly $70 billion.

Universal Studios Orlando Theme Park

Universal Studios is giving theaters a longer minimum exclusive run

Universal will now guarantee a minimum of five weekends before a movie hits home screens — which might help theater companies like AMC finally get back to profitability.

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