Europe’s top publicly traded companies are stepping up in their climate commitments. They are making strong promises to offset a large part of their greenhouse gas emissions. A new study from the Berlin climate platform goodcarbon shows that 29 of the 50 companies in the EURO STOXX 50 index will buy 81.8 million tonnes of carbon offset credits by 2030. This will help them reach their net-zero goals. This trend shows a change in how companies tackle climate action. They are not just cutting direct emissions. They are also investing in voluntary carbon markets (VCMs) to balance their carbon footprint.…
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Parents have been borrowing more to pay for independent school fees as they look to spread the cost of private school fees. Parents were borrowing even before the introduction of VAT this year, which has put more pressure on household finances.The average for parents through School Fee Plan – a finance provider for school fees – rose 11% last year to £21,735. This is 19% higher than two years ago.The total lent last year was around 15% higher than in 2022 and 5% higher compared to 2023. Subscribe to MoneyWeek Subscribe to MoneyWeek today and get your first six magazine…
NuScale Power has won design approval from the U.S. Nuclear Regulatory Commission (NRC) for its upgraded 77 megawatt-electric (MWe) small modular reactor (SMR). This marks a key moment for the U.S. nuclear energy industry. NuScale first submitted its Design Certification Application (DCA) for its 160 MWt (50 MWe) small modular reactor (SMR) design in March 2017. The NRC later approved, making it the first SMR design to earn NRC certification. Thus, this second NRC-approved SMR design builds on NuScale’s previous 50 MWe model. This announcement boosts the push for reliable, low-carbon energy as demand for cleaner electricity grows. NuScale, now…
NuScale Power has won design approval from the U.S. Nuclear Regulatory Commission (NRC) for its upgraded 77 megawatt-electric (MWe) small modular reactor (SMR). This marks a key moment for the U.S. nuclear energy industry. NuScale first submitted its Design Certification Application (DCA) for its 160 MWt (50 MWe) small modular reactor (SMR) design in March 2017. The NRC later approved, making it the first SMR design to earn NRC certification. Thus, this second NRC-approved SMR design builds on NuScale’s previous 50 MWe model. This announcement boosts the push for reliable, low-carbon energy as demand for cleaner electricity grows. NuScale, now…
Ioneer Ltd just delivered a major update on its 100%-owned Rhyolite Ridge Lithium-Boron Project in Nevada. The company announced a huge 308% increase in Ore Reserves, along with fresh economic projections for the project. Ioneer’s High-boron Strategy: Weathering the Weak Lithium Market The miner revealed that the Ore Reserve has jumped by 186.6 million tonnes, bringing the total to: 246.6 Mt at 1,464 ppm lithium and 5,444 ppm boron, Containing 1.92 Mt of Lithium Carbonate Equivalent (LCE) And 7.68 Mt of Boric Acid Equivalent (BAE) Nearly 48% of the Mineral Resource has now been converted into Reserve. Ioneer claims this…
Ioneer Ltd just delivered a major update on its 100%-owned Rhyolite Ridge Lithium-Boron Project in Nevada. The company announced a huge 308% increase in Ore Reserves, along with fresh economic projections for the project. Ioneer’s High-boron Strategy: Weathering the Weak Lithium Market The miner revealed that the Ore Reserve has jumped by 186.6 million tonnes, bringing the total to: 246.6 Mt at 1,464 ppm lithium and 5,444 ppm boron, Containing 1.92 Mt of Lithium Carbonate Equivalent (LCE) And 7.68 Mt of Boric Acid Equivalent (BAE) Nearly 48% of the Mineral Resource has now been converted into Reserve. Ioneer claims this…
MIT engineers have developed a new aluminum-based process to produce hydrogen gas, that they are testing on a variety of applications, including an aluminum-powered electric vehicle, pictured here. Credit: Massachusetts Institute of Technology Hydrogen has the potential to be a climate-friendly fuel since it doesn’t release carbon dioxide when used as an energy source. Currently, however, most methods for producing hydrogen involve fossil fuels, making hydrogen less of a “green” fuel over its entire life cycle. A new process developed by MIT engineers could significantly shrink the carbon footprint associated with making hydrogen. Last year, the team reported that they…
Image source: Getty Images US stocks have been the winning trade in the past decade over UK shares. According to Vanguard research, US equities’ annualised return was 15.5%. By contrast, British stocks delivered a measly 6.1%. Understandably, UK investors followed the money. Their historically significant home bias has faded. Brits now have twice the exposure to US stocks as London Stock Exchange shares. But currency risk complicates matters. This year, the British pound has surged 8% against the US dollar to above $1.35. It’s only traded higher for brief periods since the 2016 Brexit vote. Does this mean now’s a…
What happens when an industry survives not by producing products consumers desire, but by producing products governments desire? You get what I call a “pet industry” — a sector that is shaped more by political mandates than by market demand. From Europe’s steelmakers to global EV producers, these industries rely on state support to survive, but as political winds shift, their future looks increasingly fragile. Investors, beware: pets can be expensive to keep. In nature, species evolve through natural selection, or survival of the fittest. But humans learned long ago how to override that process. Through selective breeding, we’ve engineered…
With the national debt surging past $36.2 trillion in early June and long-term yields climbing, the U.S. bond market is entering dangerous territory.Leading financial voices are now raising alarms over unsustainable federal deficits, rising interest costs and declining confidence in the national debt.The rout in Treasuries that began in April has pushed 30-year yields near 5%, levels last seen during the 2023 debt-ceiling standoff and comparable to pre-2008 highs.Analysts say this reflects investors’ demand for a higher term premium—the extra yield needed to hold longer-term debt in a riskier fiscal environment.The key question now: Are we witnessing the early stages…