[ad_1] Once upon a time, corporations across the land were told a story: by paying a small amount of money to help protect the forests of a faraway kingdom, they could continue releasing harmful chemicals into the air without a care in the world. It seemed like a fairytale — companies could help the environment without having to make any changes or compromise their business strategy. Surely, this story would have a happy ending for everyone involved! But was it too good to be true? To answer this, we have to go back to the beginning. Carbon Offsetting Carbon offsetting…
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[ad_1] This week, we’re joined by Madeline Brozen of the UCLA Lewis Center for Regional Policy Studies to talk about universal basic mobility and research her team has done on the LA Mobility Wallet Pilot Program.At Streetsblog, we give you so many ways to enjoy Talking Headways. You could click the player below …… or you could read the full unedited transcript, though it might have some typos …… or you could read the excerpt below:Jeff Wood: The findings from the report that you put out are super interesting [and] they really do tell this larger story. And the first one was: the quality…
[ad_1] Image source: Getty Images History shows that owning a wide range of dividend stocks, investment trusts and exchange-traded funds (ETFs) can be an effective method of making passive income over time. Doing so reduces the impact of dividend trouble among one or two shares on overall shareholder returns. I think the following mini-portfolio — offering exposure to a total of 346 companies — could be a great way to target a large, reliable and growing second income over time. Here’s why I think they’re worth serious consideration. The dividend stock FTSE 100 company M&G‘s (LSE:MNG) been lifting dividends consistently…
[ad_1] (Reuters) -BlackRock is set to include private assets in its retirement plans as it expands into alternative investments, the world’s largest asset manager said on Monday. The move marks a significant shift in how retirement products are structured, bringing traditionally illiquid and high-fee private market investments into mainstream retirement portfolios. The New York-based firm plans to offer a target-date fund – an age-based retirement investment that combines stocks, bonds and other assets – with allocations to private equity and private credit in the first half of 2026. Retirement money is a core business for BlackRock and accounts for more…
[ad_1] Microsoft has signed off on a new 10-year deal with Anew Climate and Aurora Sustainable Lands, which will see more than 4.8 million tones of carbon removal credits generated through “improved forest management” across more than 425,000 acres of forestland in carbon removal projects across New York, Virginia, West Virginia, Kentucky, and Florida. The new agreement, which comes months after the world’s largest company by market cap agreed to purchase 3.685 million tonnes of carbon from US pulp and paper mills, builds on a deal inked last year, which involved the removal of more than 970,000 tons of credits…
[ad_1] The average rate on a 30-year U.S. mortgage fell to its lowest level since early May, an encouraging trend for prospective homebuyers at a time when the U.S. housing market remains largely held back by elevated borrowing costs and rising prices.The long-term rate fell to 6.77% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.86%.Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The average rate dropped to 5.89% from 5.96% last week. A year ago, it was 6.16%, Freddie Mac said.High mortgage rates can…
[ad_1] Green Assist: Unlocking carbon credits for second-life battery projects In the expanding field of green finance and circular economy, the French greentech company Rainbow (formerly Riverse) is pioneering innovative solutions for certifying carbon credits in second-life battery projects. Facing financial barriers and a complex environmental verification process, Rainbow turned to Green Assist for expert support to develop a robust methodology to quantify avoided emissions and bring financial credibility to this emerging sector. Rainbow is developing a carbon crediting platform focused on engineered solutions aligned with the operations and value chains of carbon credit buyers, with an emphasis on innovative…
[ad_1] (AP) — Power plants and industrial facilities that emit planet-warming carbon dioxide are hopeful that Congress will keep tax credits for capturing the gas and storing it deep underground. The process, called carbon capture and sequestration, is seen by many as a way to reduce pollution during a transition to renewable energy. Equipment can be installed to separate carbon dioxide from other gases before it leaves the smokestack. The carbon then is concentrated and shipped — usually through a pipeline — to a location where it’s injected deep underground for long-term storage. It also can be captured directly from…
[ad_1] What’s the context?A new category of carbon credit could help poorer countries ditch coal for clean power.LONDON – At the heart of global efforts to tackle the climate crisis lies a vexing question: how to finance the multimillion-dollar shift from fossil fuels to clean energy. For poorer countries reliant on coal power to fuel their growth, shuttering high-output power plants often tied into long electricity contracts is difficult and expensive. Transition credits may just be the solution. A new category of carbon credits, they allow governments or companies to indirectly slash their carbon emissions by paying coal power plants…
[ad_1] UNFCCC Secretariat officials engage in consultations at the podium while as plenary is suspended. (Photo: IISD/ENB – Kiara Worth) The Bonn Climate Conference (SB62), regarded as a key preparatory meeting ahead of the United Nations Climate Change Conference (COP30) in November, concluded on June 26. Nearly 200 countries agreed to increase the UN climate budget by 10% over the next two years. However, on Article 6.4 of the Paris Agreement, the overseeing body decided that carbon credits under this mechanism cannot be used for offsetting emissions, potentially discouraging corporate participation in carbon credit development.UN climate budget to increase by 10%,…