US stocks edged up before the bell on Friday as Treasury yields tipped lower, but with markets still on track for weekly losses with earnings season well underway. S&P 500 futures (ES=F) rose roughly 0.2%, after the benchmark snapped a three-day losing streak. Dow Jones Industrial Average futures (YM=F) added 0.1%, while contracts on the tech-heavy Nasdaq 100 (NQ=F) were up around 0.2%. Stocks are reviving somewhat as a pullback in US bond yields lifted some recent pressure on risk appetite. The benchmark 10-year yield (^TNX) slipped to around 4.19%, easing back from a three-month high above 4.25% hit midweek.…
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In a major move towards advancing India’s climate goals, the Bureau of Energy Efficiency (BEE) has unveiled the sectors approved under the central government’s Carbon Capture and Trading System (CCTS), SolarQuarter reported this week.This initiative, designed to lower carbon emissions and drive sustainable development, includes several sectors crucial for achieving climate impact.The CCTS will roll out in phases, with the first phase targeting a total of six sectors: energy, industries (including chemical manufacturing), waste management, agriculture, forestry, and transport.Technologies emphasized for emissions reduction include green hydrogen production, green ammonia usage, biochar utilization, landfill gas capture, and afforestation and reforestation.In the…
LONDON (Reuters) -Barclays on Friday won its bid to more than halve a shareholders’ lawsuit worth up to 560 million pounds ($727 million) at London’s High Court for allegedly misleading the market about its private “dark pool” trading platforms. A judge ruled that investors who only relied on … Source link
TGIF, Agents of Impact! 🗣 Mystics and mechanics. Has impact become inevitable? Impact assets under management grow year after year, through market ups … Source link
By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) -U.S. stock index futures edged higher on Friday as a dip in Treasury yields provided slight reprieve, though all major indexes remained on course for weekly losses. The benchmark 10-year Treasury note yield eased, after rising as high as 4.26% earlier in the week, and was trading around 4.198%. Meanwhile, Tesla shares dipped 1.7% in premarket trading, following a nearly 22% surge in the previous session, as investors cheered the EV-maker’s strong sales forecast. Gains in the stock had lifted the Nasdaq and the S&P 500 on Thursday, the S&P 500’s first…
Base Carbon Inc. (BCBNF) has received a second transfer of 1,014,635 carbon credits from its Rwanda project, all designated with Verra’s Article 6 Authorized label. This transfer comes after 23,060 credits were retired for global emission reductions and 115,300 credits were allocated to the Government of Rwanda. The company’s total inventory from the Rwanda project now stands at 1,712,193 Article 6 Authorized labeled carbon credits. Base Carbon Inc. (BCBNF) ha ricevuto un secondo trasferimento di 1.014.635 crediti di carbonio dal suo progetto in Rwanda, tutti designati con l’etichetta autorizzata di Verra per l’Articolo 6. Questo trasferimento arriva dopo che 23.060…
Leading CO2 registry Isometric has added new features to its API in a further effort to enhance data transparency on the carbon dioxide removal (CDR) market.As the registry explains, trust in the carbon market can only be built with the help of clear, accessible, and accurate carbon credit removal data, which is what they are offering through the credits issued and verified with their rigorous, science-based approach.The newly introduced upgrades to the Isometric API aim to take public Registry data accessibility to the next level, providing carbon credit buyers, suppliers, and intermediaries with a more reliable stream of information. One of…
09 June 2024, Russia, Moskau: A guardhouse of the Kremlin (l) and the Foreign Ministry (M, background) stand in the center of the capital. Photo: Ulf Mauder/dpa (Photo by Ulf Mauder/picture alliance via Getty Images)Picture Alliance | Picture Alliance | Getty ImagesRussia’s central bank on Friday raised its key interest rate by 200 basis points to 21%, citing higher-than-forecast consumer price increases and warning of ongoing high inflation risks in the medium term.The institution noted annual inflation of 8.4% as of Oct. 21 and now anticipates the print will sit in a 8.0–8.5% range by the end of 2024.”Over the medium-term horizon, the balance of inflation risks is still significantly tilted…
Carbon Credit/Carbon Offset MarketIntroductionThe North America carbon credit market is poised for significant growth in the coming years as governments, businesses, and individuals become increasingly aware of the urgent need to address climate change. Carbon credits, also known as carbon offsets, represent a crucial mechanism for mitigating greenhouse gas emissions and facilitating the transition toward a sustainable, low-carbon economy. This report delves into the dynamics of the North American carbon credit market, highlighting its growth drivers, challenges, emerging trends, and regional specifics.Market Projections and ForecastAccording to the latest market study published by Persistence Market Research, the global market for carbon…
This particular AI company has seen “unrelenting” demand for its services. Ken Griffin has proven his ability to choose stock market winners. The billionaire founded Citadel back in 1990, and Citadel since has become the most profitable hedge fund manager ever. Today, the $64 billion fund invests in a variety of stocks, including some of the technology giants that have led the S&P 500 to record levels this year. Considering Griffin’s stock picking successes, it’s no surprise that investors watch his every move in search of new and potentially profitable investment ideas. Just recently, Griffin took a stance that goes…