Vietnam’s government is planning to allow entities covered under its emissions trading scheme (ETS) to fulfil 10% of their compliance… Source link
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These two players look pretty cheap… Artificial intelligence (AI) stocks offer a compelling investment theme because we’re at the beginning of what could be a game-changing story. It can potentially change how we manage our daily tasks, make companies more efficient, and lead to major discoveries in areas like healthcare. JPMorgan Chase chief executive officer Jamie Dimon has even likened AI to transformations such as the printing press and electricity. This means getting in on certain high-potential AI companies today — when their shares are reasonably priced — could represent a once-in-a-decade investment opportunity. The AI market is forecast to…
(Bloomberg) — Morgan Stanley has entered into a deal with Climeworks AG to finance the removal of CO2 from the atmosphere, joining other Wall Street heavyweights including JPMorgan Chase & Co. in throwing its weight behind the nascent technology.The agreement will enable Zurich-based Climeworks, which operates the world’s largest direct air capture project, to suck 40,000 tons of carbon dioxide from the air. The contract runs until 2037 and is intended to help finance the Swiss company’s expansion in the US, according to a statement on Thursday. Morgan Stanley will “secure a sizable volume of carbon removal credits” as a result,…
Morgan Stanley has entered into a deal with Climeworks AG to finance the removal of CO2 from the atmosphere, joining other Wall Street heavyweights including JPMorgan Chase & Co. in throwing its weight behind the nascent technology. Source link
By Tatiana Bautzer NEW YORK (Reuters) – Global art sales fell 4% last year to around $65 billion, as the wealthiest buyers reduced purchases, according to the Art Market Report, published by Swiss bank UBS on Thursday. The bank’s wealth management division advises clients interested in buying art, although it does not consider the purchases as investments. Inflation, high interest rates and political instability made the wealthiest clients become more cautious with art purchases and take more time deciding on potential acquisitions, according to the UBS Global Wealth Management chief economist Paul Donovan. Sales volume at art auctions dropped 7%…
In his second visit to China this year, Apple CEO Tim Cook has met with Beijing officials and local partners, as his company faces increased competition and looks to roll out Apple Intelligence in the country. China’s Minister of Industry and Information Technology met with the CEO in Beijing on Wednesday to discuss Apple’s development in China, network data security and cloud services, according to a ministry statement. In the conversation, the ministry said Cook signaled Apple’s commitment to the country, promising to increase investment in the market and to grow alongside Chinese companies. That same day, he met with the leaders…
Climate action is a top priority for most young people in Europe. The Council of Europe has therefore proposed a set of measures on climate action dedicated to young people. In a new Recommendation, the first international text on this topic, the organisation’s Committee of Ministers underlines young people’s freedom of expression and the importance of judicial review in environmental matters. The principle “no punishment without law” should be applied. States should respect in particular the rights of vulnerable youth, including marginalised and indigenous young people, when they express their concerns about environmental degradation in public discourse. European states should…
(Bloomberg) — Delta Airlines Inc. has for the past few years been among the biggest corporate buyers of carbon offsets. That demand — from airlines, energy companies, automakers and logistics firms — drove forecasts of a market worth hundreds of billions of dollars in the coming years.Most Read from BloombergBut after strong pushback from experts, Delta is now among a growing list of major companies that have ended purchases of these cheap credits. Alphabet Inc.’s Google and EasyJet Plc have recently joined in the rejection of what had been an enormously popular approach to sustainability. Many of these companies are…
(Bloomberg) — Delta Airlines Inc. has for the past few years been among the biggest corporate buyers of carbon offsets. That demand — from airlines, energy companies, automakers and logistics firms — drove forecasts of a market worth hundreds of billions of dollars in the coming years.But after strong pushback from experts, Delta is now among a growing list of major companies that have ended purchases of these cheap credits. Alphabet Inc.’s Google and EasyJet Plc have recently joined in the rejection of what had been an enormously popular approach to sustainability. Many of these companies are now focused on…
These dividend stocks all pay yields of around 6% and higher. Recurring dividend income can help boost your savings, help pay bills, and/or potentially even allow you to retire early. There’s a significant incentive for building up a strong portfolio of high-yielding dividend stocks as the payoff could be huge in the long run. And while most dividend stocks only pay you every three months, you can create a stream of recurring monthly income by investing in at least three of them that pay at different times within the quarter. If you invest $20,000 into Verizon Communications (VZ 3.28%), Organon…