Author: user

[ad_1] Credit: Pixabay/CC0 Public Domain Wealthy individuals have a higher carbon footprint. A new study published in Nature Climate Change quantifies the climate outcomes of these inequalities. It finds that the world’s wealthiest 10% are responsible for two-thirds of observed global warming since 1990 and the resulting increases in climate extremes such as heat waves and droughts. The study assesses the contribution of the highest emitting groups within societies and finds that the top 1% of the wealthiest individuals globally contributed 26 times the global average to increases in monthly 1-in-100-year heat extremes globally and 17 times more to Amazon…

Read More

[ad_1] Image source: Getty Images Vodafone (LSE: VOD) shares can be found in many investor portfolios. It seems they’re drawn to the dividends on offer and the FTSE 100 company’s ‘blue-chip’ status. The shares haven’t been a good long-term investment however. In fact, over the last decade, they’ve been a complete dud. Negative returns Ten years ago, Vodafone shares were trading for about 231p. Today however, they’re changing hands for just 73p. That’s a return of around -68%. If an investor had put £10k into the shares a decade ago, that capital would now be worth just £3,160 – ouch!…

Read More

[ad_1] Photo by John Greim/LightRocket via Getty Images Check out CNET Money’s weekly mortgage rate forecast for a more in-depth look at what’s next for Fed rate cuts, labor data and inflation. It’s been a bumpy few months for mortgage rates. Lingering inflation, the threat of a global trade war and growing recession worries have reduced affordable options for homebuyers. For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.83% today, up 0.01% since one week ago. The average rate for a 15-year fixed mortgage is 6.02%, which is a decrease of -0.01% compared to a week ago.…

Read More

[ad_1] Image source: Getty Images Premium content from Motley Fool Share Advisor UK Our monthly Fire Best Buys Now are designed to highlight our team’s three favourite, most timely Buys from our growing list of growth-focused Fire recommendations, to help Fools build out their portfolios. PayPal’s Q1 earnings showed net revenues increasing by 2% at constant currency, and while this isn’t stellar growth, underlying PayPal branded volume growth was decent at 6%. The company is focusing on profitable, “durable” growth, rather than a higher proportion of low-margin processing volumes. To that end, underlying dollar margin growth (an important profit measure) grew at 8%,…

Read More

[ad_1]   The Rockefeller Foundation has launched a carbon finance scheme to help phase out coal power plants in developing countries. The foundation is looking to sign up 60 projects in the next five years for early coal plant shutdowns, it said on Wednesday, after its rulebook was given the go-ahead. Around 2,000 coal-fired power plants need to be decommissioned from now until 2040 in order to meet global climate targets, the International Energy Agency says, but only 15% are covered by decommissioning pledges.   ALSO SEE: Satellite Images Show Huawei’s Expanding Chip Facilities – FT   The Foundation’s Coal to…

Read More

[ad_1] Image source: Getty Images Banks are typically popular stocks for investors seeking a reliable passive income. Barclays (LSE:BARC) shares, however, have been largely disappointing for dividend chasers over the past decade. Cash rewards at the FTSE 100 bank were cut and then frozen around the middle of the 2010s. This reflected efforts to mend its balance sheet and the costs of vast restructuring. Barclays then reduced cash rewards around the time of the pandemic after the Bank of England called on banks to preserve capital. Source: dividenddata.co.uk Things have been better since then, however, with dividends rising steadily since…

Read More

[ad_1] Four years ago, Harvard University moved a long-planned solar geoengineering project from Arizona to Sápmi, the homelands of Sámi peoples across what is now Norway, Sweden, Finland, and Russia. The Sámi had no idea it was coming. “We did not know about the plans until we got alerted by the [Indigenous Environmental Network] and they were saying, ‘You should be aware of this,’” said Sámi council member Åsa Larsson Blind.  Blind said that it’s unlikely Harvard deliberately ignored consulting the Sámi about the project before moving it to Kiruna, Sweden. More likely, she thinks, they weren’t aware that they…

Read More

[ad_1] Image source: Olaf Kraak via Shell plc The Shell share price fell 2.1% yesterday (6 May) on reports published over the bank holiday weekend that the group’s thinking about buying BP (LSE:BP.). On many levels, the deal makes sense to me. Bringing together two companies in the same sector should help deliver operating synergies. And now could be a good time to make it happen. BP’s current stock market valuation is 4% below its book value. In contrast, Shell trades at a 10% premium. However, yesterday’s reaction suggests there are doubts as to whether a deal will happen. Here…

Read More