Export restrictions on steel scrap could devastate the UK metals recycling industry, with analysis by Sheffield Hallam University showing that even modest quotas could cost billions in lost gross value added and thousands of jobs over five years. The research, commissioned by the British Metals Recycling Association (BMRA), warns that the UK metals recycling industry – which directly employs over 15,000 people and delivers £9bn GVA annually – faces an existential threat from export controls designed to secure domestic steel supply. Analysis demonstrates that even if every UK steel furnace transitioned to electric arc furnaces and used only scrap steel…
Author: user
B.C. has revised forest carbon policy in response to a critical audit, but one expert says the province’s efforts to kickstart investment in forest carbon offsets still falls short. B.C.’s Ministry of Forests has approved a new way to calculate the amount of carbon in forests — what it says is a direct response to an auditor general investigation that found the province had failed to transparently do so in the past. In March 2025, the Office of the Auditor General of British Columbia released the results of its investigation into the Ministry of Forest’s forest carbon projections. Those projections…
In May, a woman in Wuhan knocked CNY 90 (US$12.53) off her monthly mortgage repayment using a personal carbon-accounting app, Xinhua explained. Wei Ying had accumulated the credits on an account run by the municipal government. Wuhan residents can gain points by using low-carbon modes of transport, with a bus trip garnering 212.5 grams of emissions reductions. Every kilometre on a subway gets 78.4 grams, and on a bike 93.3 grams. These credits can then be exchanged for coupons on taxis, groceries, shopping and, until the end of 2025, home mortgages. Wei Ying needed 45,000 grams of credits to get that CNY…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth Social early Monday, Trump said the government paid “ZERO” for Intel, adding, “I will make deals like that for our Country all day long.” “I will also help those companies that make such lucrative deals with the United States,” Trump added. “I love seeing their…
The Globe and MailAmerica’s Critical Mineral Crunch: A New Player Steps Onto the U.S. StageFor decades, the United States has depended heavily on foreign suppliers for critical minerals like antimony, tungsten, and rare earth elements, materials….1 day ago Source link
My friends Leo and Mia are raising their four and five-year-old kids in a way that made my girlfriend and me deeply uneasy. They chose to homeschool their kids before sending them to primary school, but their version of “school” or kindergarten looks nothing like what I understood it should. I’ve never seen a math problem or a grammar textbook. Instead, their days are a whirlwind of building elaborate forts in the living room, managing a lemonade stand with the neighborhood kids, and spending hours in the garden arguing if the moon has the right shape to start planting tomatoes.To…
The Philippines is set to introduce a carbon credit policy for its energy sector, aiming to accelerate clean energy investment, reduce emissions, and fulfill its climate commitments under the Paris Agreement, Argus Media has reported.The country’s Department of Energy (DOE) held a public consultation on August 19 to gather feedback on draft guidelines for issuing, managing, and monitoring carbon credits.The policy will prioritize projects that demonstrate verifiable emission reductions and seek to create a transparent framework for carbon credit generation and trading.This will reshape the energy sector, DOE Undersecretary Felix William B. Fuentebella was quoted as saying by Argus.According to…
The Philippines is set to introduce a carbon credit policy for its energy sector, aiming to accelerate clean energy investment, reduce emissions, and fulfill its climate commitments under the Paris Agreement, Argus Media has reported.The country’s Department of Energy (DOE) held a public consultation on August 19 to gather feedback on draft guidelines for issuing, managing, and monitoring carbon credits.The policy will prioritize projects that demonstrate verifiable emission reductions and seek to create a transparent framework for carbon credit generation and trading.This will reshape the energy sector, DOE Undersecretary Felix William B. Fuentebella was quoted as saying by Argus.According to…
New insurance offerings have emerged in recent years to cover the carbon value chain, derisking tech and potentially unlocking new revenue streams for emerging technologies. Source link
The Dow Jones Industrial Average marked a record close on Friday, its first in 2025. Small-cap stocks and Treasuries also rallied, as investors got the clearest indication yet from Federal Reserve Chair Jerome Powell that the central bank could cut interest rates in September.The Dow rose 846 points, or 1.9%, while the S&P 500 gained 1.5% and the Nasdaq Composite climbed 1.9% higher.The S&P 500’s strong performance came after a five-day losing streak. “We thought a bounce was likely, but today’s action is certainly more than a bounce. We will therefore respect this action and as long as SPX remains…