IntroductionIn 2023, the global carbon offset market reached $2 billion, with projections suggesting a hundredfold increase by 2050. This explosive projected growth, touted as a solution to the climate crisis, masks a disturbing reality: carbon markets are fueling a new scramble for African land and perpetuating colonial-era exploitation.Carbon offset markets operate through the buying and selling of carbon credits. A carbon credit allows the holder to emit one metric ton of carbon dioxide or its equivalent in greenhouse gases. Carbon markets and offsetting practices have been widely embraced as market-based mechanisms to incentivise a transition to a low-carbon economy. These…
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Toyota’s sports-car future may be hinted at in an unexpected way, as revealed in the new season of their in-house anime series, *Grip*. A brief shot at the 0:47 mark features a whiteboard that lists several iconic Toyota performance nameplates, suggesting the possibility of new generations for these beloved models. Among the names mentioned are an eighth-generation Toyota Celica, a fourth-generation MR2, and updates for the sixth-generation Supra and third-generation GR86. This subtle inclusion provides insight into what fans might expect from Toyota’s performance lineup. While the automaker has not confirmed the production of these models, the GR department is…
Ukraine’s President Volodymyr Zelenskiy speaks as he meets with democratic presidential nominee and U.S. Vice President Kamala Harris (not pictured), in the Vice President’s Ceremonial Office in the Eisenhower Executive Office Building on the White House campus in Washington, U.S., September 26, 2024. Kevin Lamarque | ReutersTensions are likely running high in Kyiv ahead of Tuesday’s presidential election in the U.S. — a vote that could make or break ongoing aid for Ukraine.The latest poll from NBC News showed a “deadlocked race” between Republican nominee and former U.S. President Donald Trump and the Democrats’ candidate, current Vice President Kamala Harris.For Kyiv, the big issue…
Leidos Holdings , Inc. (NYSE:), a prominent player in the defense, aviation, information technology, and biomedical research sectors, has been making significant strides in its financial performance and strategic positioning. This comprehensive analysis delves into the company’s recent achievements, challenges, and future prospects, with a particular focus on its integration of artificial intelligence (AI) technologies. Financial Performance Leidos Holdings has demonstrated robust financial performance in recent quarters, showcasing its ability to navigate a complex market landscape. In the third quarter of 2024, the company surpassed expectations with an adjusted earnings per share (EPS) of $2.93, significantly higher than the estimated…
Stadium Capital Management LLC, along with its affiliates, has significantly increased its stake in Sleep Number Corp (NASDAQ:) with recent purchases totaling approximately $2.57 million. The transactions, executed between October 31 and November 4, involved the acquisition of shares at prices ranging from $12.9303 to $13.9648. The purchases were made by Stadium Capital Partners, L.P., and Stadium Special Opportunity I, L.P., both of which are linked to Stadium Capital Management. The acquisitions have raised the total shares owned by these entities, with Stadium Capital Partners now holding over 2 million shares directly. This move underscores Stadium Capital’s continued interest in…
Investment firm sees ‘uphill battle’ for the tech company’s stock to stay listed. Source link
Experts from price reporting agency Fastmarkets identify the greatest risks and the impacts to critical raw materials supply chains. Critical minerals play a pivotal role in shaping the modern world, particularly in the context of decarbonisation. These minerals, including rare earth elements like neodymium and dysprosium, as well as lithium, cobalt and nickel, are essential components in various high-tech and green technologies. Rare earth magnets are used in wind turbines, while lithium-ion batteries are used to power electric vehicles (EVs). Steel and base metals, such as aluminium and copper, have strategic importance because of their use in infrastructure. As demand…
Global Carbon Credits Market Expected to Targets $143.5 billion by 2032 Source link
By Francesco Guarascio, Khanh Vu and Ben Blanchard HANOI/TAIPEI (Reuters) – Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply chain, according to sources employed by and close to the equipment makers and corporate documents. A source at a company that is one of the numerous subcontractors that provide components for SpaceX’s Starlink satellite internet products said SpaceX asked their manufacturers to produce outside of Taiwan because of geopolitical risks, pushing at least one to move production to Vietnam. A second source who collaborates with Taiwanese satellite component makers…
In the realm of finance, cognitive biases profoundly influence investor decision-making. Among these biases, confirmation bias remains particularly pervasive. Confirmation bias is the inclination to favor information that aligns with pre-existing beliefs while discounting contradictory evidence. Confirmation bias is exacerbated by echo chambers on social media platforms, where algorithm-driven content personalization creates an environment that reinforces investors’ views. Platforms such as X (formerly Twitter) and Reddit are especially prone to these dynamics, particularly among younger, retail investors, significantly shaping market perceptions.This blog post explores the mechanisms through which confirmation bias and echo chambers influence investor behavior on these platforms and…