Friday, 6 September 2024 There is an increasing willingness to consider investing in new nuclear projects – but issues remain around the lengthy investment timelines and perceived regulatory risks, a panel at World Nuclear Symposium heard. The panel Capitalising on Interest – Mobilising finance to accelerate deployment, heard from Vicki Kalb, Global Head of ESG and Sustainability Research at UBS, that until recently “we would not have been able to have a conversation with investors about nuclear … literally we would have been laughed out of the room and that was particularly true of the ESG investor community. But that radically changed a…
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An internal investigation has uncovered a rather inconvenient truth – that Logan City isn’t as ‘carbon neutral’ as we once thought. When a local councillor was tasked with finding the bang-for-buck of international carbon credits, which have cost ratepayers millions of dollars over the last three years, he came up empty handed. It seems not one tree was planted, nor one item of landfill removed from our oceans. “The money we’ve spent overseas on carbon neutrality doesn’t do anything to enhance our natural areas or improve the quality of life for people in Logan. Worse still, we couldn’t confirm how…
The Voluntary Carbon Market Company (VCM) and Enowa, NEOM’s energy and water arm, have struck a landmark deal to deliver at least 30 million tonnes of high-integrity carbon credits by 2030. This long-term agreement shows Enowa’s promise to offset its unavoidable emissions. It also supports global climate action. This is especially true for projects in the Global South, which gain stable, long-term funding. The first delivery occurred in December 2024. VCM launched Saudi Arabia’s first carbon credit exchange in November 2024. It was founded by the Public Investment Fund (PIF) with 80% ownership and the Saudi Tadawul Group with 20%.…
By Ronda Kaysen | The New York Times As 2025 began, the stars were aligning for a housing market rebound. Inflation was easing, the economy looked strong, and mortgage rates were drifting downward. By April, there were more available homes to buy than at any time since January 2020, according to the Federal Reserve of St. Louis. The conditions were ripe for buyers to reemerge, checkbooks in hands, and sellers to negotiate. Then April 2, President Donald Trump rolled out his expansive global trade tariffs, shocking the stock and bond markets and sparking fears of a recession. Mortgage rates jumped…
Allison DeAngelis is the East Coast biotech and venture capital reporter at STAT, reporting where scientific ideas and money meet. She is also co-host of the weekly biotech podcast, The Readout Loud. You can reach Allison on Signal at AllisonDeAngelis.01.A private equity firm has stepped in to finance a biological research lab at Harvard University, administrators said Monday, while also launching a biotech alongside it that will develop new therapies for metabolic conditions.As Harvard grapples with severe financing cuts undertaken by the Trump administration, some university officials believe the unusual arrangement could be at least one model to fund other…
USD/JPY hovers near 144.20 as traders await the Bank of Japan’s rate verdict on Tuesday.Policy divergence from the US Federal Reserve underpins the US Dollar’s strength against the Yen.Any hawkish surprise from the BoJ could cap USD/JPY upside and support Yen demand.The Japanese Yen (JPY) is treading water against the US Dollar (USD) on Monday as traders sit on the sidelines ahead of the Bank of Japan’s (BoJ) policy announcement, scheduled for Tuesday. The USD/JPY pair is struggling to advance further after Friday’s gains, which were underpinned by heightened Israel-Iran tensions, and stays confined within a narrow range.At the time…
A sudden spike in crude oil prices has provided a much needed tonic for BP (LSE: BP.) shares. An escalation of tensions between Iran and Israel is certainly not good news. But when considering investing in oil stocks, it’s important to look beyond short-term noise and consider the longer-term investment case. Nationalism Since the end of the cold war in the early 1990s, the world has seen one of the most sustained periods of peace in human history. Globalisation and cooperation between nation states has been the biggest driver, in my opinion. In the early 2000s, China entered the World…
However, following a wave of net zero commitments, councils are now confronting the reality of their promises. Questions echo in council offices: Did we really say net zero by 2030? What does that include? How much will it cost? With council budgets under pressure, funding net zero efforts has never been harder. This includes decarbonising council services – both in-house and outsourced – and investing in enabling measures like EV charging, domestic retrofit, and zero-carbon heat networks. Government grants, though welcome, are often complex and insufficient. So, where will investment come from, if not the public purse? Thirty to 40…
Image source: Getty Images Penny shares are often popular when markets are rising and growth investors are bullish. But are penny shares, at under 100p with market caps below £100m, more likely to make us a fortune than those with higher valuations? The biggest risk is that a lot of them are down and out because they deserve to be. I’ve seen plenty valued at far less than a penny that I wouldn’t buy. Not even if someone gave me the penny and told me to keep the change. But some low-priced stocks belong to companies that have faced tough…
Image source: Getty Images The FTSE 100 leading share index is surging again after a couple of tough months. Given the cheapness of British blue-chip shares and changing investor priorities, I think there’s scope for further significant gains. Following what it described as “challenging market conditions of February and March“, Peel Hunt said that the backdrop has been more positive since April, “with the Trump administration agreeing a number of trade deals, including with the UK, and with interest rates having been cut by the Bank of England“. More specifically, the investment bank said that “we are seeing a rotation…