[ad_1] Image source: Getty Images I was thinking about the Aston Martin (LSE:AML) share price the other day while I was watching Quantum of Solace. The film starts with a high-speed chase around Lake Garda, Italy, with James Bond in an Aston Martin DBS V12, being pursued by Alfa Romeos full of gunmen. At the end of the sequence, Bond’s DBS is a wreck – riddled with bullet holes, doors torn off, windscreen shattered, and so on. This reminded me of the bombed-out Aston Martin share price, which has crashed 40% in 12 months and around 98% since IPO in…
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[ad_1] The U.S. has succeeded in blocking a global fee on shipping emissions as an international maritime meeting adjourned Friday without adopting regulations. The world’s largest maritime nations had been deliberating on adopting regulations to move the shipping industry away from fossil fuels to slash emissions. But U.S. President Donald Trump, Saudi Arabia and other countries vowed to fight any global tax on shipping emissions. The U.S. had threatened to retaliate if nations support it. Trump urged countries to vote “No” at the International Maritime Organization headquarters in London, posting on his social media platform Truth Social on Thursday that…
[ad_1] Nigeria is setting its sights on reclaiming a dominant position in Africa’s industrial landscape, as Shuaibu Abubakar Audu, minister of Steel Development, has unveiled an ambitious roadmap to revive the country’s steel and metal industry through stronger government–private sector collaboration. Speaking at the maiden Nigeria Steel Forum, held on the sidelines of the 10th Nigeria Mining Week in Abuja, Audu outlined a comprehensive strategic vision under President Bola Ahmed Tinubu’s Renewed Hope Agenda, positioning steel as a central pillar of Nigeria’s reindustrialisation drive and long-term economic diversification plan. He disclosed that the government is targeting 10 million tonnes of…
[ad_1] In brief OwlTing announced Tuesday it will begin trading on the Nasdaq on Thursday. The company chose a direct listing to emphasize transparency and avoid shareholder dilution. The move follows heightened global regulatory focus and growing institutional interest in stablecoins. Taiwanese stablecoin infrastructure company OwlTing will commence trading on the Nasdaq Global Market on Thursday, marking its debut as one of the first Asian blockchain firms to list directly on a major U.S. exchange.The company’s Class A common shares are expected to begin trading on October 16, under the ticker symbol OWLS.“The Nasdaq Global Market was selected for its…
[ad_1] “Carbon Removal,” by MIT Energy Initiative Senior Research Engineer Howard Herzog (pictured) and Professor Niall Mac Dowell of Imperial College London, explores the history and intricacies of removing carbon dioxide from Earth’s atmosphere. Credit: Massachusetts Institute of Technology Two leading experts in the field of carbon capture and sequestration (CCS)—Howard J. Herzog, a senior research engineer in the MIT Energy Initiative, and Niall Mac Dowell, a professor in energy systems engineering at Imperial College London—explore methods for removing carbon dioxide already in the atmosphere in their new book, “Carbon Removal.” Published in October, the book is part of the…
[ad_1] Image source: Getty Images Around two years ago, a family member in the US told me about a little-known Nasdaq stock called Rigetti Computing (NASDAQ: RGTI). This family member had worked with the company’s CEO and suggested I buy some shares near $1. Now, I did take a look at the quantum computing company at the time. But with the technology still in its infancy, I decided it was too risky… What a mistake Fast forward to today and the stock has risen around 50-fold since. So you could say I made a major mistake not buying in. Had…
[ad_1] Image source: Getty Images The BAE Systems (LSE: BA) share price has been flying, and the same goes for two other FTSE 100 defence-focused stocks, Babcock International Group (LSE: BAB) and Rolls-Royce (LSE: RR). Investors who hold these shares will be delighted, but those who don’t may be kicking themselves for missing out. Well, today might offer them a chance, as the market dips. The FTSE 100‘s down around 1.5% this morning (17 October), and these three shares are among the biggest fallers. Babcock’s down almost 4.5%, while BAE Systems and Rolls-Royce have each fallen 3%. These aren’t dramatic moves, but given how hot these stocks have…
[ad_1] Transcript: To reduce their climate impact, many companies buy what are known as forest carbon credits. They’re a way to offset a company’s own carbon emissions by paying to plant or protect trees, which absorb and store carbon as they grow. The organizations that certify these credits have protocols they use to estimate a project’s impact. Sanders-Demott: “One credit … should represent one ton of additional carbon dioxide that is stored in a forest.” But Rebecca Sanders-Demott of the Clean Air Task Force says many projects fail to live up to that promise because of flaws in the protocols.…
[ad_1] Belém is a city I called home for about two years. This Brazilian metropolis, with over one million inhabitants and located in the Amazon region, will host international leaders this November for the UN Climate Summit. As decision-makers gather for the first time in the world’s largest tropical rainforest, we share the responsibility of advancing solutions that protect the environment while promoting social and economic inclusion. Integrated carbon markets can be part of that solution.At COP30, Brazil intends to present an ambitious proposal to align global carbon markets by creating a voluntary coalition that connects existing carbon pricing systems.…
[ad_1] In early 2023, a Guardian article took the world by storm. It revealed that more than 90 per cent of rainforest carbon credits issued by Verra (the world’s largest voluntary carbon standard) were “phantom credits.” These projects were meant to prevent deforestation, but satellite imagery showed little to no measurable impact. Among the 50 largest offset projects worldwide, 39 were either “junk” or “likely worthless.” In Brazil’s Pará state, prosecutors went further, asking a federal court to annul an offset contract covering thousands of hectares of forest because its baseline was inflated and local communities were excluded from consultation.…