[ad_1] Carbon Capture, Utilisation, and Storage (CCUS) is hailed as a critical technology for reducing greenhouse gas emissions, particularly in hard-to-abate sectors such as heavy industry and fossil fuel-based power generation. However, its implementation requires robust regulatory frameworks to ensure safety, environmental protection, and effectiveness.Many are still not fully aware of CCUS. In fact, some even claim it is a ploy by fossil fuel interests to derail the call to phase out fossil fuels altogether. What has become clear is that CCUS does offer plausible mitigation solutions, though environmentalists warn of its potential risks. Its execution calls for a strong…
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[ad_1] Global TimesRare earths should be a ‘bond,’ not a ‘stumbling block,’ in China-EU relations: Global Times editorialWhile the rare earth issue in China-EU relations is currently a “hot” topic, if handled well, it need not be a flashpoint. Instead, it could become a “bond”….8 hours ago [ad_2] Source link
[ad_1] Understanding green terminologyPhrases like “carbon neutral,” carbon negative” and “net zero” are starting to pop up as more companies move toward going green. Here’s a look at what the terms mean.AccuWeatherCalifornia’s excise gas tax will increase 1.6 cents per gallon on July 1 as the office of Gov. Gavin Newsom attempts to correct “disingenuous claims” about gas price spikes in the state.The excise tax rate per gallon will be 61.2 cents, an increase from its previous rate of 59.6 cents since last July. These rates are based on the percentage change in the California Consumer Price Index, according to…
[ad_1] The Government will explore private investment in primary and community health infrastructure, a strategy paper has revealed. The Public Private Partnership (PPP) model has not been used by central Government since 2018, but a new 10-year infrastructure strategy proposed reintroducing the model for taxpayer-funded projects ‘in very limited circumstances where they could represent value for money’. The Government said it will ‘rapidly explore’ the potential to use PPP in ‘certain types’ of primary care infrastructure and will take a decision by the autumn. The PPP model provides a mechanism ‘to bring in private finance to infrastructure projects’, through a…
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[ad_1] By Sabrina Valle NEW YORK (Reuters) -The S&P 500 and Nasdaq reached record closing highs on Monday, capping their best quarter in over a year as hopes for trade deals and possible rate cuts eased investor uncertainty. Both indexes ended the quarter with double-digit gains. The S&P 500 gained 10.57% during the period, the Nasdaq rose 17.75%, and the Dow climbed 4.98%. The Russell 2000 Small Cap index rose 8.28% in the quarter. Still, the three main indexes posted their weakest first-half performances since 2022, as the uncertainty around trade policy has kept investors wary during the year, with…
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[ad_1] The high levels of income in the bond market right now are a “generational opportunity” for investors, according to BlackRock’s Rick Rieder. “I’ve waited for two decades of my life for some deals,” he said in an interview with CNBC, pointing to the years of low interest rates that ended in 2022. Bond yields move inversely to prices. That income is a priority now that bond duration is still no longer the reliable hedge it once was, explained Rieder, the firm’s chief investment officer of global fixed income. In other words, fixed income hasn’t necessarily offered a ballast against…
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[ad_1] The Union finance ministry on Monday exhorted private sector banks to increase their participation in financial inclusion schemes and serve the marginalized sections of society by fulfilling their banking needs.The call came during a review meeting with senior officials of private sector banks in New Delhi. Indian Banks’ Association chief executive Atul Kumar Goel and senior officers of the department of financial services also attended the meeting chaired by department secretary M. Nagaraju.The meeting reviewed the performance of private banks on various financial inclusion schemes, including Pradhan Mantri Jan Dhan Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri…