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[ad_1] A new lobbying push will look to pitch Biden-era green corporate welfare and carbon tariffs as America First-aligned to the Trump administration and lawmakers, Axios reported Friday. The Cleaner Economy Coalition (CEC) is a newly-formed 501(c)(4) entity that “sees an opening in the Trump era” to pursue carbon tariffs and save the 45X tax credit, a costly subsidy for green energy manufacturing unleashed by a bill — the Inflation Reduction Act (IRA) — that did not receive a single GOP vote on its way to becoming law, according to Axios. The CEC is hiring lobbyists who formerly worked for…

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[ad_1] Tesla has established itself as a leader in the fight against climate change. It often emphasizes its role in cutting greenhouse gas (GHG) emissions by promoting electric vehicles (EVs). In 2023, the company claimed its fleet helped avoid 20 million metric tons of carbon dioxide equivalent (CO2e) emissions. A recent study by Greenly, a firm specializing in carbon footprint measurement and management, however, questions this figure. They estimate the real avoided emissions at 10.2 to 14.4 million metric tons, which is 28-49% lower than Tesla’s claims. What’s the basis for Greenly’s claim? Let’s find out, and how this may…

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[ad_1] Tesla has established itself as a leader in the fight against climate change. It often emphasizes its role in cutting greenhouse gas (GHG) emissions by promoting electric vehicles (EVs). In 2023, the company claimed its fleet helped avoid 20 million metric tons of carbon dioxide equivalent (CO2e) emissions. A recent study by Greenly, a firm specializing in carbon footprint measurement and management, however, questions this figure. They estimate the real avoided emissions at 10.2 to 14.4 million metric tons, which is 28-49% lower than Tesla’s claims. What’s the basis for Greenly’s claim? Let’s find out, and how this may…

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[ad_1] Aramco, a top player in energy and chemicals, has teamed up with Siemens Energy. Together, they have launched Saudi Arabia’s first Direct Air Capture (DAC) test unit. The plant can remove 12 tons of carbon dioxide from the atmosphere each year. This initiative is a big step. It will help reduce Saudi emissions and promote carbon capture technology for a more sustainable future. Ali A. Al-Meshari, Aramco Senior Vice President of Technology Oversight and Coordination, said: “Technologies that directly capture carbon dioxide from the air will likely play an important role in reducing greenhouse gas emissions moving forward, particularly in hard-to-abate…

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[ad_1] (Bloomberg) — An European Central Bank interest-rate cut at the next meeting currently looks likely, said Governing Council member Yannis Stournaras, adding that it’s too early to say for certain that such a move will happen. Most Read from Bloomberg “Everything points in the direction of a cut in April,” he told Econostream in an interview. “But this is not April. It is still March. We have one month to go, so I cannot tell you that we’re going to cut.” The ECB has lowered borrowing costs six times since June, though markets aren’t fully pricing in another reduction…

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[ad_1] Elon Musk attends the first cabinet meeting hosted by U.S. President Donald Trump, in Washington, D.C., U.S., Feb. 26, 2025.Brian Snyder | ReutersIt’s been a painful year so far for megacap technology giants known as the “Magnificent Seven” and 2025 is only getting started.Six members of the group are already tracking for significant year-to-date losses, led by a 40% drop in shares of Tesla. Meta Platforms is the only exception, holding on to a slim gain.The drop in technology stocks comes just two months after leaders flocked to Washington for President Donald Trump’s inauguration and after many megacaps powered…

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[ad_1] All flights to and from London Heathrow have been cancelled today due to a fire at a nearby electricity substation.Passengers are being warned to stay away, with more than 1,300 journeys expected to be cancelled.But what are the rights of passengers if their flights are delayed or cancelled?Your rights during delaysYour flight is covered by UK law if it departs from a UK airport, arrives at a UK airport on a UK or EU airline, or arrives at an EU airport on a UK airline.When it comes to significant delays, UK law says airlines must provide you with care…

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[ad_1] Image source: Getty Images I’m always hunting for high-quality FTSE 100 dividend — rather than growth — stocks. I’m a believer in the ‘bird in the hand’ theory — I’d rather be paid cash (in the form of dividends) now than wait for growth tomorrow. Of course, long-term investing is about balance and diversification. The top dividend payers today may not be the same in 10 or 20 years’ time. Equally, dividend policies are subject to change that could quickly alter the balance of a portfolio. However, there’s something to be said for large, stable FTSE 100 dividend stocks…

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[ad_1] Image source: Getty Images The Tesla (NASDAQ:TSLA) share price has been on a wild ride. Scratch that. The Tesla share price is a wild ride. Always has been. Today, the stock’s screeching into reverse. Shares have plunged more than half from their December peak of $488, dragging Tesla’s market-cap down to $740bn.  While that may sound hellish, it’s worth noting that this only takes the stock back to October 2024 levels. Despite the sell-off, the stock’s still up 36% over the past year. Is this growth stock running on empty? At times, Tesla seems overwhelmed by controversy. CEO Elon Musk’s…

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