[ad_1] Energy giants Woodside and Origin have distanced themselves from a controversial carbon offsetting technique that has been banned for future projects after a government review found it would be ineffective at reducing emissions.The credits, which are based on a technique called avoided deforestation, accounted for almost a third of offsets purchased by companies operating under the government’s safeguard mechanism in 2023-24. The method allows landowners to earn carbon credits for not clearing native forests over which they hold clearing permits.Loading… [ad_2] Source link
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[ad_1] Image source: Getty Images The Lloyds (LSE:LLOY) share price is on a roll so far this year, with the shares climbing almost 30% since January. That’s despite looming uncertainty regarding the car-finance mis-selling scandal that management has set aside £1.2bn to settle any potential complaints. Last month, the bank, along with other involved finance lenders, went to plead their case at the UK Supreme Court. And the judge’s decision is expected to emerge in the coming weeks. Depending on the outcome of this case, the Lloyds share price could either be sent flying, or tumble back down, likely undoing…
[ad_1] Image source: Getty Images Shell’s (LSE: SHEL) share price has dropped 17% from its 13 May 12-month traded high of £29.56. Such a fall could flag that a company is fundamentally worth less than it was before. Or it may signal a bargain-buying opportunity to be had. To find out which it is here, I ran the key numbers and looked more closely at the business. How does the business look? Its Q1 results on 2 May, which showed adjusted earnings of $5.6bn (£4.22bn). This was 27% lower than Q1 2024’s $7.7bn, largely reflecting the drop in the benchmark…
[ad_1] Image source: Getty Images Despite all the uncertainty stirred up by President Trump’s tariffs, it’s turning out to be an excellent year for my ISA. And it’s not just US growth stocks driving it forward as a handful of FTSE 100 shares have also been performing very strongly. Here, I’ll highlight the five best-performing ones (from the 13 that I hold). Advancing defence stocks Let’s start at the top with BAE Systems (LSE: BA.). Shares of the defence giant have soared 47% so far this year, massively outperforming the FTSE 100, which is up just 4.7%. The catalyst for…
[ad_1] The Tesco (LSE:TSCO) share price has been on a bit of a rampage in recent weeks. Since 10 April, the UK’s largest retailer has seen its market-cap expand by more than 20%, more than doubling the FTSE 100’s performance during this period. This is quite a change of pace versus a few weeks before, where the threat of a new pricing war from rival supermarket chain Asda saw shares slip. So what sparked this rebound in investor sentiment? And where could the Tesco share price be 12 months from now? Tesco continues to take market share The UK grocery…
[ad_1] Microsoft has announced the purchase of 1.4 million carbon removal credits from Living Carbon, a U.S.-based public benefit company that has developed a reforestation project across 25,000 acres of former mining lands in the Appalachian region, devastated by decades of coal extraction. The goal is threefold: to absorb CO₂, regenerate ecosystems, and repurpose marginal lands. According to Maddie Hall, CEO and co-founder of Living Carbon, “restoring degraded mining lands offers one of the most significant and scalable opportunities for nature-based climate action.” Microsoft, for its part, confirms a strategy that goes well beyond offsetting: it is building a diversified…
[ad_1] Image source: Getty Images The HSBC Holdings (LSE:HSBA) share price has been on a solid upward trajectory over the last 12 months. But when compared to other London-listed banks, shareholders have seemingly been getting left behind. HSBC shares have enjoyed a 16% rally since May 2024. But at the same time, Standard Chartered‘s up 40%, Barclays‘ 42%, Lloyds‘ 35%, and NatWest‘s leading the pack at 52%. Sixteen percent is certainly nothing to scoff at. After all, it’s double what the FTSE 100 typically generates in a year. But it still begs the question as to why HSBC has lagged…
[ad_1] At Fastmarkets, we’re constantly evolving to meet the challenges of today’s industries. That’s why we’re thrilled to announce the launch of our expanded carbon market services. Starting May 12, 2025, businesses can access a suite of tools and insights designed to empower decision-making, tackle carbon challenges, and unlock growth in a low-carbon economy. Directly addressing carbon credits and removal challenges The world’s move toward decarbonization is gaining speed, with initiatives like the EU’s Carbon Border Adjustment Mechanism (CBAM) reshaping global markets. For businesses across sectors, managing carbon exposure has become more than just a responsibility–it’s a key part of…
[ad_1] Image source: Rolls-Royce plc Despite some tariff-induced volatility in April, the Rolls-Royce (LSE:RR.) share price has delivered some robust gains in 2025. Year to date, the engineering giant’s market-cap has expanded by over 30%. And over the last 12 months, shareholders have seen their positions grow by an impressive 80%, far outpacing the FTSE 100. That means anyone who bought £5,000 worth of shares back in May 2024 is now sitting on around £9,000. And that’s before counting the extra gains from the newly-reintroduced dividends that were paid last month. The question now becomes, is it too late to…
[ad_1] By Leika KiharaTOKYO (Reuters) -Japanese Prime Minister Shigeru Ishiba said on Monday the government was ready to take further steps to cushion the economic blow from higher U.S. tariffs, but signalled caution on cutting the country’s consumption tax rate.Opposition and some ruling party lawmakers have called on the government to cut Japan’s consumption tax rate, set at 10% except for food items that are charged 8%, to help households cope with the rising cost of living.Speaking in parliament, Ishiba said the government “won’t hesitate to take additional measures” to ease the pain on the economy from higher U.S. tariffs.But…