At their meeting in April, the Greenville ISD Board of Trustees worked on reducing the district’s debt burden. For the fourth time in five years, the board voted to refinance and/or pay off outstanding bonds ahead of schedule. On May 22, that early defeasance of bonds was finalized,Through those four defeasances, through a combination of scheduled payments, refinancing at lower interest rates and early repayments, the district has reduced its total principal and interest obligations by $89.7 million since 2020. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable…
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City Council progressives are outraged by the NYPD’s new policy to criminalize cycling, but Council Speaker Adrienne Adams says more discussion is needed before the body takes action against a policy that experts say puts immigrant workers at risk.On Wednesday, Los Deliveristas Unidos rallied at City Hall to demand the NYPD stop its escalation of cycling violations from traffic tickets to criminal summonses that require presence in court, a policy that started on April 28, as Streetsblog reported.Progressive Council members Alexa Avilés (D-Sunset Park), Tiffany Cabán (D-Astoria), Sandy Nurse (D-Bushwick), Shahana Hanif (D-Kensington), Crystal Hudson (D-Crown Heights), and Lincoln Restler…
Wealthy nations and big corporations, often major polluters, are paying the country to protect its forests, plant trees, or adopt clean energy initiatives — all to reduce planet-heating pollution Source link
Marc Metrick sees bright skies ahead for Saks Global. Of course, he would. As chief executive officer of the still-new combination of Saks and Neiman Marcus with plans to “reset” luxury retailing, he has a big stake in that future. But since Saks bought Neiman’s in a $2.7 billion deal two days before Christmas, the narrative around the company has been less about reinvention than it has been about finances — from when it will pay vendors and how quickly it can cut costs to the rapid decline in its bond price and the race to shore up its liquidity. …
The U.S. government has an interest problem. Just how bad is it? Really bad. Most people intuitively understand that massive budget deficits aren’t sustainable. They recognize you can’t live indefinitely on a credit card. Granted, it is fair to say government finance isn’t the same as personal finance, nevertheless, Joe Sixpack’s intuition is on target. Uncle Sam can’t keep borrowing and spending at the current pace forever. Eventually, the debt bubble will pop, and that moment looms closer with each passing day. We’re starting to see warning signs. After Moody’s downgraded the U.S. credit rating, bonds sold off, causing interest rates to spike.…
Meta and Microsoft have entered into long-term agreements to purchase carbon credits from a forestry project in Washington State’s Olympic Peninsula. These deals aim to support climate-smart forest management practices and contribute to the companies’ sustainability goals. A Forest with a Mission The project aims to shift 68,000 acres of forestland on the Olympic Peninsula to climate-smart management. This area near Olympic National Park is managed by EFM. It is supported by Climate Asset Management (CAM), a partnership of HSBC Asset Management and Pollination. The initiative focuses on Improved Forest Management (IFM) practices. These include: Lengthening tree rotation periods, Reducing…
The African Development Bank (AfDB) hosted a pivotal high-level dialogue this week on “De-risking and Scaling Carbon Market Investments in Africa,” signaling the continent’s bold move to redefine its role in global climate finance.Held during the Bank’s 2025 Annual Meetings in Abidjan, the event drew senior leaders from the Bank, global institutions, private sector, and civil society to explore Africa’s untapped potential in carbon markets. The session was moderated by Prof. Anthony Nyong, Director of Climate Change and Green Growth at AfDB.Dr. Kevin Kariuki, AfDB Vice President for Power, Energy, Climate, and Green Growth, set the tone by framing the…
Disseminated on behalf of West Red Lake Gold Mines Ltd. Investors have long considered gold a safe-haven asset and a reliable store of value. Today, its appeal is growing as geopolitical dynamics shift dramatically, inflation returns, and investors navigate volatile and uncertain markets. Here’s why now is the opportune time to consider gold as a strategic component of your investment portfolio. The East-West Divide: Reshaping the Gold Landscape The gold market is shifting as Eastern and Western investors, who have taken different approaches to gold in recent years, start to converge. In the last five years, gold prices have risen…
The voluntary carbon market (VCM) is a crucial tool in the global fight against climate change. It allows companies, governments, and individuals to purchase carbon credits that represent a reduction or removal of greenhouse gases, offsetting their own emissions. Over the past decade, the VCM has grown rapidly, but it is now entering a new, more complex phase. Forest Trends’ Ecosystem Marketplace State of the Voluntary Carbon Market (SOVCM) 2025 report shows that the market is shifting. It’s moving from cheap credits and volume to higher standards of environmental integrity. Buyers are demanding credits that offer clear, verifiable climate benefits.…
Massachusetts has passed a bold energy storage mandate. It requires investor-owned utilities to secure 5,000 megawatts (MW) of storage by 2030. This includes 3,500 MW of mid-duration, 750 MW of long-duration, and another 750 MW for multi-day storage. The goal is to modernize the grid and integrate renewable energy fully. The state’s Department of Energy Resources (DOER) and electric distribution companies (EDCs) have released a draft request for proposals (RFP), expressing interest to buy 1,500 MW of mid-duration battery energy storage systems (BESS). By locking in contracts early, the state wants a resilient energy system to handle solar and wind…