By Anthony Boadle Indigenous groups in Brazil: We were not consulted on carbon credits BRASILIA, – Indigenous organizations in the Brazilian state of Para said they were not consulted by the government before it signed a deal with multinational companies to sell carbon offset credits to support conservation of the Amazon rainforest in the state. Amazon.com Inc and other firms agreed last month to buy carbon credits valued at $180 million through the LEAF Coalition conservation initiative, which it helped set up in 2021 with a group of companies and governments, including the United States and United Kingdom. At the…
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U.S. crude oil futures fell more than 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row.OPEC now sees demand growing by 1.9 million barrels per day in 2024, down from 2 million bpd in its previous forecast, according to a report released Monday. The group expects demand to grow by 1.6 million bpd in 2025, compared with 1.7 million bpd previously.Here are Monday’s closing energy prices:West Texas Intermediate November contract: $73.83 per barrel, down $1.73, or 2.29%. Year to date, U.S. crude oil has gained about 3%.Brent December contract: $77.46 per barrel,…
NEW DELHI (Reuters) -India ordered the expulsion of six Canadian diplomats on Monday and withdrew its own envoy from Canada, in response to what it said was Ottawa’s decision to name him and others as “persons of interest” in an investigation. India did not go into detail on the investigation, but relations have been fraught since 2023, when Canadian Prime Minister Justin Trudeau said he had evidence linking Indian agents to the assassination of a Sikh separatist leader on his territory. India has long denied Trudeau’s accusation. On Monday it dismissed Canada’s move on the inquiry and accused Trudeau of…
BMW has launched three special editions for the South Korean market. The M2 Coupe Carbon Edition is the most striking of the three, with its aggressive carbon fiber bodywork and powerful M Performance Parts engine. The Z4 sDrive20i M Sport Special Edition is a more affordable option but still offers a sporty driving experience. The i7 xDrive60 M Sport Pro 2024 LPGA Edition is a luxury electric sedan with a long range and powerful electric motors. All three models are in limited production and are only available for sale through BMW Korea’s online sales channel. BMW Launches Three Special Editions…
Byron Swift, a conservationist with over 40 years of experience working across Latin America, argues that biodiversity credits are fundamentally flawed and not a viable solution to the extinction crisis.He contends that while market mechanisms like carbon and biodiversity credits aim to address conservation and emissions reduction, they face significant challenges that undermine their effectiveness.Swift believes biodiversity credits are promoted primarily for the benefit of financial intermediaries rather than for their genuine potential to conserve biodiversity, and he advocates for other funding mechanisms.This article is a commentary. The views expressed are those of the author, not necessarily Mongabay.See All Key…
Porsche Cars North America is recalling a significant number of Taycan electric vehicles manufactured between 2020 and 2024 due to issues with their high-voltage battery modules. The recalls, encompassing two separate campaigns, affect a total of 27,720 vehicles. The first recall, ARB5, involves 27,527 units with anomalies in their battery modules. As a temporary measure, owners of these vehicles have been advised to limit their charging to 80% to prevent potential short circuits. A permanent solution will involve replacing the affected battery modules. Porsche Recalls Taycan EVs for Battery Module Issues, Diagnostic Update Planned (Porsche) The second recall, ARB6 and…
It’s only Monday, but it’s never the wrong time to be thinking about your finances and saving goals. Brad Smith takes investors on a journey in this morning’s installment of Wealth, tackling a wide array of topics and pricing trends affecting investors.Yahoo Finance’s own Josh Lipton and Brooke DiPalma come on the program to discuss the factors involved when investing in small-cap stocks (^RUT) and why Halloween candy prices are rising so high this fall season, respectively.Mahoney Asset Management CEO Ken Mahoney explains his criteria for finding winning stocks amid earnings season.Vanguard Institutional Investor Group head of participant experience Dina…
LEHI, Utah – Weave (NYSE: WEAV), a customer experience software and payments platform, has announced new user-interface (UI) enhancements designed to optimize veterinary practice operations. These updates, developed from veterinary professional feedback, aim to improve the efficiency of clinic workflows and the quality of service provided to clients and their pets. The UI upgrades focus on making pet information more accessible and actionable across the Weave platform. Key features include the display of pet names in various views such as the calendar, search results, and client reports, as well as a one-click option to share vaccination records from the pet’s…
Rolls-Royce has revealed the updated Ghost Series II, a luxury sedan that combines elegance and performance. Available in both standard and extended wheelbase configurations, the Ghost Series II starts at $355,000 and offers a range of customization options. For those seeking a more dynamic driving experience, the Black Badge version is available for $420,000. The Black Badge features a more powerful engine, a sportier suspension, a better exhaust system, improved brakes, and quicker gearshifts. Under the hood, the Black Badge boasts a 592 horsepower V12 engine, an increase of 29 horsepower over the standard Ghost Series II. Rolls-Royce Reveals Updated…
The GMC Sierra 3500HD Denali Crew Cab is a testament to its exceptional performance and durability. Even with three years and 14,000 miles under its belt, this powerhouse sold for a remarkable $11,000 below MSRP, showcasing its enduring value. Its impressive towing and hauling capabilities make it a sought after choice for those who frequently transport heavy loads, from construction workers to RV enthusiasts. Equipped with a robust 6.6-liter Duramax turbodiesel V8 engine and an Allison 10-speed automatic transmission, this truck delivers an astonishing 445 horsepower and 910 lb-ft of torque. This immense power enables it to tow over 35,000…