[ad_1] Image source: Getty Images Barratt Redrow (LSE:BTRW) shares have spiked today (12 February) after the builder raised its full-year profit forecasts. At 461.8p per share, Barratt’s share price was almost 5% higher just after midday and the FTSE 100‘s biggest riser, having risen even further earlier. So what’s been happening at the UK’s biggest housebuilder? And is now the time to consider investing? Robust recovery Improving homebuyer affordability has revilatised homes demand from the second half of last year. This is thanks to a mix of recent Bank of England (BoE) interest rate cuts and fierce competition in the…
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[ad_1] Breadcrumb Trail LinksPMN BusinessChestnut will expand its operations and purchase more land in a bid to help rehabilitate the carbon credit market.Author of the article:Bloomberg NewsMichelle MaPublished Feb 12, 2025 • 2 minute read You can save this article by registering for free here. Or sign-in if you have an account.A forest outside Tayvallich village in Argyll and Bute on the west coast of Scotland, UK, Wednesday, Sept. 6, 2023. On a remote peninsular of Scotland, Highlands Rewilding are conducting an experiment to put a dollar value on nature restoration at a 1370-hectare estate called Tayvallich– the first step to…
[ad_1] Zuckerberg has since tried to assure Meta’s left-leaning employees that the company is holding true to its values, but in an all-hands meeting in January, he stated plainly, “We now have an opportunity to have a productive partnership with the United States government, and we’re going to take that.”The question now is just where Meta’s climate goals will fit in this partnership. Since taking office, President Trump has used executive orders to pause tens of billions of dollars in environmental and energy spending and stop all new wind energy permits from going forward. He has withdrawn from the Paris…
[ad_1] Nature-based carbon removal startup Chestnut Carbon has raised $160 million in Series B financing, the company told TechCrunch. The startup buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits. Carbon credits have become a hot commodity, especially among tech companies looking to offset skyrocketing emissions caused in part by the breakneck expansion of data centers serving cloud and AI customers. The new round included investment from Canada Pension Plan Investment Board, Cloverlay, and DBL Partners along with unnamed university endowments, family offices, funds of funds, and other institutional investors. For Chestnut Carbon,…
[ad_1] This system encourages companies to adopt cleaner, more efficient technologies and practices, as reducing emissions becomes financially rewarding. It also offers flexibility, as companies can buy credits if they are unable to meet their emission reduction goals. Ultimately, carbon credits create an economic incentive for businesses to lower their carbon footprint. [ad_2] Source link
[ad_1] New study from Abatable reveals how investment in the Voluntary Carbon Market topped $16bn last year, providing a major boost to the pipeline for high-integrity credits [ad_2] Source link
[ad_1] Major bank launches sub 4% interest mortgages in start of potential ‘price war’ (Image: Getty)Santander UK is set to become the first high-street bank to offer a mortgage with an interest rate under 4% this year, unveiling four new deals.From Thursday, February 13, the bank will introduce two- and five-year fixed mortgage options at 3.99% for both residential purchase and remortgage, available for customers with a 60% Loan to Value (LTV). Homebuyers will be offered a £1,999 fee, while remortgagers will face a £1,749 fee.The LTV ratio represents the percentage of a property’s value being borrowed compared to the…
[ad_1] Image source: Getty Images The Diageo (LSE: DGE) share price just keeps falling. When I bought the FTSE 100 spirits giant in January last year, shortly after its November 2023 profit warning, I thought I’d bagged it at a bargain price. Yet this was only the start of its woes. Diageo shares have slumped 25% over the last 12 months to 2,168p. They’re now trading at one-, three- and five-year lows. Investors watching this relentless decline might wonder, how much worse can it get? This should be one of the most solid UK stocks of them all. A global…
[ad_1] CVS Health on Wednesday reported fourth-quarter revenue and profit that topped estimates, even as its troubled insurance business continued to see higher medical costs. The company also issued a full-year 2025 adjusted earnings outlook of $5.75 to $6 per share, which was in line with Wall Street’s expectations. But CVS did not provide a revenue forecast for the year. It caps off the first full quarter with David Joyner, a longtime CVS executive, as CEO of the troubled retail drugstore chain. Joyner succeeded Karen Lynch in mid-October, as CVS struggled to drive higher profits and improve its stock performance.The company underwent…
[ad_1] Author: Lin Bo-yu Regulation February 12, 2025 The Vietnamese carbon market is expected to be fully operational by 2029. (Photo: iStock) Vietnam’s carbon market is gradually taking shape as Prime Minister Pham Minh Chinh officially approves the national blueprint, establishing both mandatory and voluntary markets, with full implementation expected by 2029. The aim is to fulfill the country’s Nationally Determined Contributions (NDC) and achieve net-zero emissions by 2050. Vietnam’s carbon market to progress in two phases Under the plan, the government has set two-phase objectives to gradually launch carbon market trading. The first phase, set to be completed by June…