[ad_1] Carbon Credit Marketgetty As the voluntary carbon market expands, not all carbon credits are created equal. In a climate economy increasingly scrutinized for greenwashing and impact-washing, the integrity of carbon credits matters more than ever. When executed with care and transparency, carbon credits can deliver real benefits for the climate, local communities, and the broader sustainable development agenda. However when the quality is compromised, carbon credits become little more than accounting tricks and attempts at bolstering ESG claims. This final article in the series on carbon credits and carbon capture highlights five high-integrity carbon credit types to watch, three…
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[ad_1] The chimney expels smoke into the sky at sunset. (Image: Pixabay) Since the first scientific critiques of fossil fuels, oil companies have gone from being the “wealth of nations” to “destroyers of the planet.” In financial market terms, they have become environmental liabilities. It cannot be said, however, that they have also become economic liabilities. The global carbon credit market is heating up — quite like the planet — and oil companies are among the main players interested in leveraging this business. Among the world’s largest oil producers, countries on the Arabian Peninsula, such as Saudi Arabia and the…
[ad_1] © Oldonyo MediaStill from a video by Oldonyo Media, showing residents of Engaruka Chini community protesting about the carbon offset project.Maasai Indigenous people in Tanzania have called on Volkswagen (VW) to withdraw from a controversial carbon credits scheme which violates their rights and threatens to wreck their livelihoods. In a statement, the Maasai International Solidarity Alliance (MISA) denounced the “loss of control or use” of vital Maasai grazing grounds, and accused VW of making “false and misleading claims” about Maasai participation in decision making about the project. Many Maasai pastoralists have already been evicted from large parts of their…
[ad_1] Gold () futures opened at $3,344.50 per ounce Monday, up 0.4% from last Thursday’s close of $3,331.60. The gold price in July has remained above $3,300 after dipping below that threshold on June 30. Investors are watching U.S. tariff policy developments as the 90-day pause on higher reciprocal tariffs expires this week. President Trump said he would inform countries shortly of the tariffs imposed on their U.S. exports. Rates will range from 10% to 70%. The president also referenced an effective date of August 1. The price of gold futures has risen 7% since the president initially announced reciprocal…
[ad_1] Buyers should keep an eye on the possibility of rate cuts in the next few months. Tharon Green/CNETThe average rate on a 30-year fixed mortgage was around 6.7% on Monday, down roughly 0.25% from the previous month, according to Bankrate data. Despite the recent decline in rates, forecasts for the housing market have remained unchanged.Mortgage rates, linked to the bond market, have been stuck in limbo between 6.5% and 7% for months. President Trump’s on-and-off-again tariffs, stock market swings and geopolitical turbulence have created ongoing uncertainty in the housing market. This week, financial markets are bracing for a bevy of White…
[ad_1] Molecular simulation results for structures in the CoRE-MOF-DDEC database. Credit: Energy & Environmental Science (2025). DOI: 10.1039/D5EE01473E Researchers at Georgia Tech’s School of Chemical and Biomolecular Engineering (ChBE) have developed a promising approach for removing carbon dioxide (CO₂) from the atmosphere to help mitigate global warming. While promising technologies for direct air capture (DAC) have emerged over the past decade, high capital and energy costs have hindered DAC implementation. However, in a new study published in Energy & Environmental Science, the research team demonstrated techniques for capturing CO₂ more efficiently and affordably using extremely cold air and widely available…
[ad_1] The domestic steel dispute takes a new turn as the Government Gazette reveals punitive 52% duties that could reshape South Africa’s industrial landscape. Oh, and we’re running out of scrap metal. [ad_2] Source link
[ad_1] PASADENA, Calif., July 7, 2025 /PRNewswire/ — Pasadena Private Lending Inc. (“PPL”), an affiliate of Pasadena Private Financial Group, is proud to announce its financial contribution and active partnership with Build Back Dena: The Business Resilience Project, a coordinated effort to support local businesses in Pasadena and Altadena affected by the devastating Eaton Fire earlier this year. Pasadena Private Financial Group (PRNewsfoto/Pasadena Private Financial Group) Led by a coalition of public and private partners—including the Altadena Chamber of Commerce, Pasadena Chamber of Commerce, Pasadena Economic Development, the Eaton Fire Collaborative, and community leaders—Build Back Dena is a long-term campaign…
[ad_1] By Michael S. Derby(Reuters) -The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point in coming years remains real despite current relatively high levels of short-term borrowing costs, a new paper published jointly between the New York and San Francisco Federal Reserve banks said.The medium- to long-term risk that the central bank’s interest rate target will return to super low levels “is currently at the lower end of the range observed over the past fifteen years,” said a paper that counted New York Fed President John Williams as…
[ad_1] BlackRock (BLK) pushed deeper into private markets Monday with another acquisition. The world’s largest asset manager said in a release that it struck an agreement to buy commercial real estate firm ElmTree Funds, based in St. Louis, Mo. The purchase price wasn’t disclosed, but the deal is expected to close within the next three months, subject to regulatory approvals. The deal gives BlackRock a firm that has $7.3 billion in assets under management and leases more than 250 commercial properties to single-tenant renters across the US. It specializes in “build to suit” industrial real estate facilities. It is the…