Google is considering nuclear energy as a potential solution to meet its ambitious 2030 net-zero emissions goals, according to CEO Sundar Pichai. In a recent interview with Nikkei, Pichai revealed that the company is exploring various clean energy investments. These particularly include traditional renewables like solar and innovative technologies such as small modular nuclear reactors. This move is part of Google’s strategy to reduce its carbon footprint while addressing the growing energy demands of its expanding artificial intelligence (AI) operations. Google’s Energy Dilemma: AI vs. Carbon Emissions In 2023, Google’s total greenhouse gas (GHG) emissions rose to 14.3 million tCO2e…
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The UK government recently announced a massive £22 billion investment into carbon capture and storage (CCS) projects over the next 25 years. The technology aims to capture carbon emissions from power plants and heavy industries before storing them underground. While this move aligns with the UK’s ambition to achieve net zero by 2050, experts question whether this strategy will lock the country into fossil fuel dependence for decades. Prime Minister Keir Starmer recently reaffirmed the government’s commitment to CCS. “Today’s announcement will give industry the certainty it needs – committing to 25 years of funding in this groundbreaking technology –…
Image source: Getty Images It’s been a tough year for Close Brothers Group (LSE:CBG). The FTSE 250 business has seen a share price drop of 56% over this period. Considering that the index as a whole is up 17% over the last year, Close Brothers has lagged significantly. Yet, is it now an undervalued purchase, or is it game over? Problems galore Part of the issue came at the start of this year, with the announcement from the Financial Conduct Authority (FCA) that it was investigating historical motor finance commission arrangements and sales. At the time, anyalsts thought that Close Brothers…
HOUSTON–(BUSINESS WIRE)–Pacific Pipeline Company (PPC), a wholly owned subsidiary of Sable Offshore Corp., and its predecessors have maintained a cathodic protection and pressure maintenance program on Line 324/325 (previously 901/903) since the pipeline was shut down in 2015. The line was evacuated, cleaned and preserved with inert nitrogen to maintain a corrosion-free state. In accordance with the 2020 Consent Decree ” signed by federal agencies including the Department of Justice, the Pipeline Hazardous Materials Safety Administration, and the Environmental Protection Agency, as well as California state agencies, the Department of Fish & Wildlife, Department of Parks and Recreation, State Lands…
Image source: Getty Images I think many UK shares are offering good value right now. Nevertheless, all businesses and stocks come with risks as well as opportunities. So it’s important to research well and choose with care. Value comes in several shapes Good value can be defined in more than one way. First, there’s the cheap-on-the numbers approach. It looks for low price-to-earnings ratings, high dividend yields, modest price-to-asset ratings, low debt and other things. However, that’s not the only method that can be successful. Quality and growth prospects can also be an essential component of overall value. A third…
MALMÖ, Sweden, Oct. 07, 2024 (GLOBE NEWSWIRE) — Oatly Group AB (Nasdaq: NASDAQ:), the world’s original and largest oat drink company, will report financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly’s Investors website at https://investors.oatly.com under Events. The webcast will be archived for 30 days. About Oatly We are the world’s original and largest oat drink…
U.S. crude oil rose nearly 3% on Monday, as the market waited for Israel to strike Iran.Oil prices spiked last week on fears that Israel could hit the Iran’s oil industry in retaliation for Tehran’s ballistic missile attack.U.S benchmark West Texas Intermediate surged 9.09% last week for the biggest weekly gain since March 2023. Global benchmark Brent jumped 8.43% for the biggest weekly advance since January 2023.Here are Monday’s energy prices:West Texas Intermediate November contract: $76.44 per barrel, up $2.06, or 2.77%.Brent December contract: $79.91 per barrel, $1.86, or 2.38%.President Joe Biden on Friday discouraged Israel from striking Iranian oil facilities,…
US stock futures retreated on Monday as investors overhauled their views on interest-rate cuts after a blowout jobs report, ahead of a week of key inflation data and the start of earnings season.Dow Jones Industrial Average futures (YM=F) fell 0.4%, after notching a fresh record high as stocks soared to close the week. S&P 500 futures (ES=F) shed roughly 0.5%, while contracts on the tech-heavy Nasdaq 100 (NQ=F) led the losses with a 0.6% drop.Hopes for an outsized rate cut from the Federal Reserve have melted away after a better-than-expected September jobs report dispelled concerns about cracks in the labor…
Image source: Getty Images Cheap dividend stocks abound in the UK market but not all of them are necessarily great buys. Lately, I’ve been running the rule on two companies I used to hold and wondering whether their low prices tags and bumper income make them worth adding back to my Stocks and Shares ISA. Huge yield I lost faith in Broadcaster ITV (LSE: ITV) a few years ago. To date, it was a wise decision to sell. The FTSE 250 member’s share price has been stuck between 60p and 80p for about two-and-a-half years. I do miss the passive…
VORONEZH, Russia (Reuters) – A Russian court on Monday sentenced U.S. citizen and ex-Marine Robert Gilman to seven years and one month in prison for assaulting a prison official and a state investigator, the local prosecutor’s office said. Gilman, 30, is already serving a 3-1/2-year sentence for attacking a police officer while drunk, a charge he was convicted of in October 2022. Prosecutors in Voronezh, a city about 300 miles (500 km) south of Moscow where Gilman is incarcerated, said he had attacked a prison employee and a state investigator on separate occasions in the autumn of 2023. Reuters was…