By Anthony BoadleBRASILIA (Reuters) – The government of the Brazilian state of Para in the Amazon will consult Indigenous communities on how they will benefit from the future sale of carbon offset credits that U.S. companies have agreed to buy to try to protect the rainforest.In a statement received by Reuters on Monday, the Para government’s environmental secretariat Semas said it “will begin a new phase of dialogue” with Indigenous peoples and other traditional communities in the rainforest.Scientists say preserving the Amazon rainforest is vital to combating global warming.Amazon.com Inc and a group of companies agreed last month in New…
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Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. The Commodity Futures Trading Commission published its final guidance for listing carbon credits on voluntary markets in the Federal Register Tuesday, aiming to shore up the integrity of such credits. The CFTC approved the guidance last month, which provides standards for project developers, crediting programs and third-party verifiers to ensure voluntary carbon credits — as opposed to those in regulated cap-and-trade programs — are not subject to manipulation and have their contract terms monitored. “The process by which [voluntary carbon credits] are…
Image source: Getty Images UK share prices have largely been buoyant in 2024 following years of underperformance. The FTSE 100 and FTSE 250 have both gained around 7% since the start of the year. But the spectre of a stock market crash continues to unnerve investors at as the fourth quarter gets under way. In fact, research from Saxo Bank has revealed “a notable shift in market sentiment compared to previous quarters, as investor confidence in global equity markets softens.” How likely is a stock market crash? And what should I do? Sentiment sinks Saxo interviewed 712 of its clients.…
New Approach for Carbon Buyers to Secure High-Quality Credits and Support Family ForestsWASHINGTON, Oct. 15, 2024 /PRNewswire/ — The American Forest Foundation (AFF) will hold the first auction for the Family Forest Carbon Program’s carbon credits in February 2025. The American Forest Foundation Carbon Auction — the first of its kind for a U.S. nature-based carbon project — will offer buyers a transparent and streamlined way to secure high-quality carbon credits while supporting rural communities and family forest owners. Tim Stout, a Family Forest Carbon Program enrolled landowner from Vermont, stands in the woods he stewards. More companies than ever…
Explore the impact of affordable housing on communities. Learn how investing in affordable multifamily properties can provide both social impact and profitable returns. Source link
MIAMI, FL – Gaucho Group Holdings, Inc. (NASDAQ:VINO), known for its luxury real estate and fine wine offerings, announced today that its subsidiary, Algodon Fine Wines, has launched a collection of premium Argentine wines in the United States. This latest release features a range of Malbecs and exclusive blends from the vineyards of Algodon Wine Estates in Argentina’s San Rafael region. The collection includes the Algodon Estate Malbec 2022, Algodon Estate Bonarda 2022, Algodon Estate Chardonnay 2023, and a selection of microvinified black label wines such as Cabernet Fran-Malbec Reserve 2020, Gran Cuvee 2021, and PIMA 2021. Additionally, the collection…
Catherine Keating is the Global Head of BNY Wealth, the wealth management arm of BNY Mellon. In an interview for “Bloomberg Wealth with David Rubenstein,” Keating talks about why elections are about policy and advises their clients to “not invest with your politics.” Keating says that markets tend to do well, regardless of the party that’s in the White House. This interview was recorded October 3 in New York. (Source: Bloomberg) Source link
UnitedHealth Q3 Earnings: Revenue And EPS Beat, Revises Annual Profit Guidance As Change Healthcare Cyberattack Still BitesOn Tuesday, UnitedHealth Group (NYSE:UNH) reported better-than-expected third-quarter 2024 earnings but lowered the upper end of its annual EPS outlook.The company reported adjusted EPS of $7.15, up from $6.56 a year ago, beating the consensus of $7.00.UnitedHealth’s revenues increased nearly $8.5 billion (+9.1% Y/Y) to $100.8 billion, beating the consensus of $99.28 billion. This was led by an expansion in the number of people served domestically at Optum and UnitedHealthcare.Third-quarter earnings from operations were $8.7 billion, including $0.3 billion in unfavorable cyber attack effects. Adjusted earnings from operations…
Image source: Getty Images Nvidia (NASDAQ: NVDA) stock is rallying hard again, and at $138, sits just off a record high. This gives the heavyweight AI chipmaker a market cap of $3.39trn. For context, that’s more than the GDP of the UK! The tech share has now surged 178% in 2024, making it the second-best performer in the S&P 500. Yes, that’s right, there’s one stock that’s done even better! That’s Vistra, an energy company whose share price has rocketed 243% year to date due to a surge in AI-fuelled power demand. But that’s not the one I’d buy. A…
(Reuters) – Boeing (NYSE:) filed papers with the U.S. markets regulator on Tuesday for raising up to $25 billion through a stock and debt offering and entered into a $10 billion credit agreement amid a crippling strike and upcoming debt maturities. The planemaker is looking to strengthen its finances that have been strained due to a slump in production of its best-selling 737 MAX jet following a door panel blowout and a strike by thousands of union workers. It was not clear when and how much Boeing will raise via the stock offering, but analysts and investors expect the company…