Anti-carbon tax protesters wave signs as they block a westbound lane of the Trans Canada highway near Cochrane, Alta. in April. (Credit: Jeff McIntosh/The Canadian Press)As inflation soared in Canada, consumers increasingly called on the federal Liberals to abandon scheduled increases in the carbon tax as households struggled to manage the costs of daily living.While politicians of different stripes continue to fight over the merits of the carbon tax, the Parliamentary Budget Officer released a new analysis on the costs of the charge for households.It found that Canadians will collectively receive more back than they pay in federal carbon tax,…
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Oct. 11, 2024 JPXTSE Celebrating the First Anniversary of Carbon Credit Market at TSE Post Tokyo Stock Exchange, Inc.(TSE) Carbon Credit Market celebrates its first anniversary today.Since the opening of the market, the market has continued to grow steadily in terms of both the numbers of market participants and trading volume, with 297 participants registered as of October 10, 2024 and a cumulative trading volume of 521,704t-CO2 (daily average of 2,129t-CO2). The Carbon Credit Market was launched with trading for J-credits. After the market was launched, TSE revised the trading categories and introduced a market-maker scheme in order to improve…
Highlights • The Biden administration and the Commodity Futures Trading Commission (CFTC) have recently issued principles and guidance to enhance the credibility of voluntary carbon credits (VCCs) and the integrity of voluntary carbon markets (VCMs) • The administration underscored the importance of those directives with coordinated parallel civil and criminal proceedings by the CFTC, SEC and DOJ against a high-profile developer and marketer of VCCs • VCM participants, including developers, issuers, and marketers, need to mindful of the spotlight that is on the quality of carbon emission projects underlying VCCs and the potential risks posed by any related misconduct Companies…
Baird has reaffirmed its positive stance on Domino’s Pizza (NYSE: NYSE:), maintaining an Outperform rating with a steady price target of $535.00. The firm’s assessment followed Domino’s Pizza’s third-quarter report, which presented a mixed short-term forecast, especially concerning its international operations. Despite these challenges, Baird expressed confidence in the pizza chain’s profit outlook for 2024-2025. The analyst highlighted that Domino’s Pizza is expected to maintain a solid performance in revenue over the upcoming quarters, even with prevailing economic headwinds. This performance is anticipated to bolster investor sentiment towards the company. Baird’s evaluation suggests that the current market valuation of Domino’s…
The multi-investment workflow tool has been released by iCapital, the worldwide fintech platform powering the wealth management industry’s alternative investment marketplace.This modern solution, which is accessible to over 100,000 wealth managers on iCapital Marketplace, simplifies the investing process by enabling financial advisers to handle several alternative investments in a single, cohesive workflow.Multi-investing workflow is a component of iCapital’s attempt to streamline the entire investing process for advisers looking to add alternative investments to tailored client investment portfolios. Its main goals are efficiency and simplicity.The capability includes unified trade orders across numerous investment products, intelligent automation, one-stop e-signature solutions, and consolidated…
Image source: Getty Images Ever since the Rolls-Royce (LSE: RR) share price skyrocketed, I’ve been hunting for another FTSE 100 company that might do the same. I get it, that’s a stupid thing to do. Few blue-chips will ever match its stellar turnaround. Rolls-Royce shares are up 669% over two years and 149% over 12 months. Yet I spotted Rolls-Royce’s potential at exactly the right time, in October 2022. My mistake was to only invest a small chunk of money. Then I banked my 150% gain too soon because I didn’t want to push my luck. I’m hunting for the…
When the Science Based Targets Initiative (SBTi) board of trustees announced in April this year that it was considering the use of carbon credits towards Scope 3 abatement targets, Jennifer Jenkins, chief science officer at Rubicon Carbon, a carbon credit provider, was full of hope. Receiving the backing of the influential industry standards body could provide a key turning point to the carbon credit market. “The SBTi’s announcement was very important to us, we finally saw a bit more flexibility on the use of carbon credits, but it was also clear that there was a lot of discussion” she said.…
In a remarkable display of market confidence, Monday .com Ltd. (MNDY (NASDAQ:)) stock has reached a 52-week high, climbing to an impressive $285.73. This peak reflects a significant turnaround for the company, which has seen its stock value surge by 92.28% over the past year. Investors have rallied behind the work operating system platform, propelling the stock to new heights as the company continues to expand its offerings and strengthen its market position. The 52-week high milestone underscores the growing investor optimism in Monday.com’s business model and future growth prospects. In other recent news, monday.com has achieved notable financial milestones,…
TGIF, Agents of Impact! Don’t miss these ImpactAlpha events next week: In today’s brief: 🗣 Collective quantified goals. New financing for climate action … Source link
US stock futures slipped slightly on Friday as investors weighed the likely impact of a hot inflation print on Federal Reserve policy and braced for big US bank results to kick off earnings season.Futures on the Dow Jones Industrial Average (YM=F) and the S&P 500 (ES=F) both fell roughly 0.1%, after closing out Thursday with small losses. Contracts on the tech-heavy Nasdaq 100 (NQ=F) were off 0.2%.Stocks are treading water as investors continue to parse the latest consumer inflation data, which failed to clearly signal the Fed’s next move on interest-rate cuts.Read more: What the Fed rate cut means for…