[ad_1] Apple’s motion to dismiss a class-action suit over alleged greenwashing has attracted an unusual ally, the Environmental Defense Fund (EDF). Apple was sued in late February over the carbon neutral label it uses to market several models of its Series 9 Apple Watch. The complaint, which represents seven buyers, alleges that the carbon credits Apple uses to help make that claim — from forest projects in Kenya and China — don’t actually reduce carbon emissions. Apple should have done a better job to make sure they were worthwhile, the plaintiffs said. EDF’s amicus brief, filed May 15, defends the…
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[ad_1] CALGARY, AB, May 20, 2025 /PRNewswire/ – One Exchange Corp. (“OX”) and Stephen Avenue Marketing Inc. (“SAM”) announces today the official launch of a Next-Generation Carbon Trading Platform delivering transparency, liquidity and flexibility to the carbon markets. About One Exchange Corp. (CNW Group/One Exchange Corp) “OX a trusted name in energy markets, is proud to announce the launch of OX CO₂, a dedicated carbon trading platform designed to redefine how organizations engage with carbon markets. OX CO₂ brings together cutting-edge technology and decades of brokering experience to deliver unprecedented liquidity, transparency, and accessibility in both compliance and voluntary carbon markets”…
[ad_1] Top-rated municipal bonds could be looking even more attractive now that Moody’s Ratings has trimmed the United States’ pristine Aaa rating, according to Hilltop Securities. Moody’s was the last of the three major credit rating agencies to cut the U.S.’ sovereign credit rating, dialing it back one notch to Aa1 from Aaa on Friday. The ratings agency pointed to the ballooning burden of the federal government’s budget as one of the culprits behind the downgrade. “Successive U.S. administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs,”…
[ad_1] Using nanoscale filtering membranes, researchers at MIT have added a simple intermediate step that makes the process of removing carbon dioxide from the air more efficient. Credit: Kripa Varanasi, Simon Rufer, Tal Joseph, and Zara Aamer Removing carbon dioxide from the atmosphere efficiently is often seen as a crucial need for combating climate change, but systems for removing carbon dioxide suffer from a tradeoff. Chemical compounds that efficiently remove CO₂ from the air do not easily release it once captured, and compounds that release CO₂ efficiently are not very efficient at capturing it. Optimizing one part of the cycle…
[ad_1] The Republic of Congo had been protecting about half of its dense rainforests via the Reducing Emissions from Deforestation and forest Degradation (REDD+) framework. In exchange, the country is supposed to receive payments from the World Bank. But Mongabay Africa staff writer Elodie Toto’s recent investigation revealed the nation has also granted nearly 80 gold mining and exploration permits in areas covered by the project, driving deforestation and negatively impacting local populations.“It was beyond words, if I may say. I could see people using excavators to uproot trees. I could see them washing the earth and it basically looked…
[ad_1] ENGIE North America has partnered with CBRE Investment Management to grow its battery storage presence across the U.S. The deal includes a 2.4 GW portfolio made up of 31 battery energy storage projects spread across Texas and California. It’s one of ENGIE’s biggest operating partnerships in the country and ranks among the largest battery storage asset transactions in the sector. Even after the deal, ENGIE remains in control. The company will continue to operate the assets while CBRE brings in new capital to support future growth. Massive Deal with CBRE Boosts Engie’s Clean Energy Ambitions ENGIE North America is…
[ad_1] ENGIE North America has partnered with CBRE Investment Management to grow its battery storage presence across the U.S. The deal includes a 2.4 GW portfolio made up of 31 battery energy storage projects spread across Texas and California. It’s one of ENGIE’s biggest operating partnerships in the country and ranks among the largest battery storage asset transactions in the sector. Even after the deal, ENGIE remains in control. The company will continue to operate the assets while CBRE brings in new capital to support future growth. Massive Deal with CBRE Boosts Engie’s Clean Energy Ambitions ENGIE North America is…
[ad_1] Real-time Estimate Cboe BZX 03:14:35 2025-05-20 pm EDT 5-day change 1st Jan Change 138.92 USD +4.87% -7.66% -19.80% Published on 05/20/2025 at 10:38 This article is reserved for members Unlock the article: REGISTER NOW! © MT Newswires – 2025 Sector Update: Financial Stocks Decline in Afternoon Trading 01:59pm MT Apollo Global Management Eyes $1 Billion in Private Credit for PowerGrid Buyout 10:38am MT Apollo Global Management Eyes $1 Billion in Private Credit for PowerGrid Buyout May. 19 MT TPG-Funded XCL Education Secures Private Loan From Apollo, Other Lenders May. 16 MT Deutsche Bank Adjusts Apollo Global Management Price Target…
[ad_1] Occidental (Oxy) and its carbon-focused subsidiary 1PointFive have partnered with XRG, ADNOC’s energy investment company, to build a large Direct Air Capture (DAC) facility in South Texas. XRG is considering an investment of up to $500 million to support the project. The proposed plant would pull 500,000 tonnes of CO₂ from the air every year. Occidental and 1PointFive: Driving Low-Carbon Energy Solutions The global energy leader has major operations in the United States, the Middle East, and North Africa. In the U.S., Oxy ranks among the top oil and gas producers, with strong operations in the Permian Basin, DJ…
[ad_1] Occidental (Oxy) and its carbon-focused subsidiary 1PointFive have partnered with XRG, ADNOC’s energy investment company, to build a large Direct Air Capture (DAC) facility in South Texas. XRG is considering an investment of up to $500 million to support the project. The proposed plant would pull 500,000 tonnes of CO₂ from the air every year. Occidental and 1PointFive: Driving Low-Carbon Energy Solutions The global energy leader has major operations in the United States, the Middle East, and North Africa. In the U.S., Oxy ranks among the top oil and gas producers, with strong operations in the Permian Basin, DJ…