USD/CAD trades below 1.3700 after the Bank of Canada leaves rates unchanged at 2.75%.The Canadian Dollar is supported by the BoC’s cautious stance and strong Q1 growth.The US Dollar weakens as ADP jobs data and ISM Services PMI fall short of expectationsThe Canadian Dollar (CAD) extends its advance against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) held interest rates steady, aligning with market expectations. Meanwhile, the US Dollar weakens across the board following a sharp miss in the ADP Employment Change and a softer ISM Services PMI. The combination of domestic policy stability and disappointing…
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DuPont has hit a major sustainability milestone by reaching 100% renewable electricity across all of its operations in the European Union, which helps in its goal to reach net-zero emissions by 2050. It also shows increasing energy in corporate environmental leadership. DuPont met its target using solar power installations and renewable energy certificates (RECs). This shows its commitment to clean energy and sets a strong example for the industrial sector. From Solar to Certificates: How DuPont Powered the Switch To reach 100% renewable electricity across its EU operations, DuPont took a two-part approach. First, it added solar panels at several…
Further investments in Paraguay announced after Singapore deal Wednesday, June 4th 2025 – 19:02 UTC Paraguay has one of the most advanced laws in terms of carbon credits, Siokos explained Astarte Capital Partners representative Stavros Siokos announced that the investors were evaluating further disbursements in Paraguay through the Second Forestry Fund to reach US$ 700 million following the South American country’s carbon credit understanding last week with Singapore under Article 6 of the Paris Agreement. (See also: Paraguay and Singapore sign key carbon credit agreement) This agreement is very important. Everything produced in Paraguay can be exported globally. Singapore is…
Today’s technology runs on rare earth elements dug out of the ground. They are vital for the computers, electric motors and batteries we use every day, and demand is only likely to grow as Europe moves towards greener technologies. The LIFE INSPIREE project sets out to “mine” these valuable metals from inside the very computers and electrical appliances we throw away. Most rare earth metals are imported from outside the EU, but the European Critical Raw Materials Act aims to diversify and secure their supply — including obtaining 25% of the materials needed through recycling. LIFE INSPIREE is developing a way to…
TotalEnergies has made a big move in the UK clean energy sector. The oil major acquired a 435-megawatt (MW) renewable energy portfolio from Low Carbon. This portfolio includes large-scale solar power plants and advanced battery storage projects. The acquisition boosts TotalEnergies‘ role in the UK energy market. It also aids the country’s shift to greener power sources. Olivier Jouny, Senior Vice President of Renewables at TotalEnergies, remarked: “We are delighted with the acquisition of these projects from Low Carbon. Located in the south of England, they benefit from favorable sunlight and complement our integrated electricity portfolio in the UK, which…
Rare earths are important for many of today’s technologies and tomorrow’s carbon-free economy.Investors may not be very familiar with the metals individually, but the group of elements is found in technology all around us, commonly in the form of rare earth magnets, which are used in everything from electric vehicles to smartphones to wind turbines. As technology continues to advance, they are expected to remain in high demand.The 2025 rare earth market is navigating a volatile yet strategically critical phase shaped by supply concerns, demand fluctuations and intensifying US-China trade tensions.Rare earth metals demand continues to be driven by uses…
The EU is more likely to persist with its participation in UN’s Corsia aviation decarbonisation initiative and exclude… Source link
The International Air Transport Association (IATA) has announced a major target: doubling global Sustainable Aviation Fuel (SAF) production to 2 million tonnes (2.5 billion liters) by 2025. That would mark real progress for a sector under increasing scrutiny for its carbon emissions. Yet even with that increase, SAF would still make up just 0.7% of total aviation fuel use—a sliver of what’s needed to decarbonize the skies. The aviation sector accounts for nearly 2% of global CO₂ emissions, and SAF is currently seen as the most viable near-term solution to cut that number. Unlike conventional jet fuel, SAF is derived…
Home » National » Maha CM hands over carbon credit and neutral certificates for Metro Lines 2A and 7 Mumbai, June 4 (SocialNews.XYZ) Maharashtra Chief Minister Devendra Fadnavis on Wednesday presented the Carbon Credit Certificate and Carbon Neutral Certificate for Metro Lines 2A and 7, saying that it is a significant step towards green transport and climate-friendly infrastructure in Maharashtra. This milestone marks Lines 2A (Dahisar East to DN Nagar) and Line 7 (Dahisar East to Gundavali) as carbon-neutral corridors, reinforcing Maharashtra’s vision for a greener, more sustainable urban transport ecosystem, said a release issued by the Mumbai Metropolitan Region…
XRP could become a treasury asset soon with VivoPower’s plan to buy $121 million worth of XRP tokens. The Nasdaq-listed firm’s announcement was followed by Chinese mobility startup Webus’s plan to set up a $300 million XRP reserve. XRP gains nearly 3% on Tuesday, back above $2.25.XRP sees rising adoption by institutions. XRP is following in the footsteps of Bitcoin as a reserve asset with announcements like VivoPower International’s $121 million plan to buy the altcoin. The Nasdaq-listed firm revealed plans to transform the company into an XRP-focused digital asset enterprise, the first of its kind worldwide. XRP rises sharply on Tuesday, posting…