SCOTTSDALE, Ariz. and CHICAGO, Feb. 18, 2025 /PRNewswire/ — VitalEco, a leader in orphan well remediation and methane prevention, proudly announces the appointment of The Northern Trust Carbon Ecosystem™ to Source link
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SCOTTSDALE, Ariz. and CHICAGO, Feb. 18, 2025 /PRNewswire/ — VitalEco, a leader in orphan well remediation and methane prevention, proudly announces the appointment of The Northern Trust Carbon Ecosystem™ to support the recordation, transaction and settlement of VitalEco’s verified carbon credits. This agreement further advances the mission of VitalEco, which aims to prevent methane from escaping from thousands of orphan oil and gas wells. VitalEco steps in to adopt these wells, seal them, and restore the surrounding land.A Multi-Stakeholder Approach to Carbon Reduction The Northern Trust Carbon Ecosystem is a fully digital platform for the end-to-end lifecycle management of digital…
Africa still holds a sizable portion of the world’s remaining forests which are still under threat of being eradicated to pave the way for commercial and non-commercial human activities. Tanzania, like other African countries has embraced the establishment and development of carbon projects, which includes enactment specific legislation on carbon projects. Most Tanzania carbon projects are nature based i.e. maintaining of existing forests and planting of trees/creation of forests for purposes of obtaining carbon credits for sell. However, there are other means of implementing carbon projects and earning carbon credits for sell which we need to embrace. Use of renewable…
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National Savings & Investments (NS&I) has announced significant changes to its interest rates starting today. In a move designed to benefit savers as the new tax year approaches, NS&I has increased the interest rate on its Direct ISA to 3.50% gross/AER, up from 3%.However, in response to the changing savings market, NS&I will also reduce rates on some of its other products.Notably, the prize fund rate on Premium Bonds will fall from 4% to 3.8%, effective for the April 2025 draw. Despite this reduction, the odds of winning remain unchanged at 22,000 to 1.Additionally, the interest rate for the Direct…
Metal packaging manufacturers today are assessing the impact of tariffs on steel and aluminum imports that President Donald Trump announced Monday evening. They’re raising red flags about inadequate U.S. metal production capacity and anticipated higher costs for both the packaging industry and consumers. Trump signed executive orders restoring the 25% steel tariff rate he implemented in 2018 under Section 232, and upping the previously enacted 10% rate on aluminum to 25%. The White House says the U.S. steel and aluminum industries have been “harmed by unfair trade practices and global excess capacity.” The new tariffs do not provide exemptions, and they eliminate exemptions…
Image source: Getty Images The worst-performing stock in the FTSE 100 so far today (18 February) is BT Group (LSE:BT.A). At 142.7p, it’s down almost 6%, mostly due to a downgrade from a leading Wall Street bank. With some of the reasonings provided by the research team, it could spell trouble looking forward for the BT share price. Flipping the view The research team at Citi downgraded BT Group from a previous Buy recommendation to a Sell. They revised the target price for the coming year down from 200p to 112p. That’s basically halving the expectations, with the view that…
Coca-Cola is launching a prebiotic soda brand called Simply Pop, taking on upstarts Olipop and Poppi.Starting in late February, consumers on the West Coast and in the Southeast will be able to try Coke’s iteration of the trendy drink.Soda consumption has broadly fallen in the U.S. over the last two decades, hurt by health concerns and an increase in alternatives on the market, from cold brew to energy drinks to water. But in the last five years, sodas containing prebiotics have taken off, thanks to industry newcomers Olipop and Poppi.Olipop recently raised $50 million at a valuation of $1.85 billion,…
(Bloomberg) — Chinese President Xi Jinping presided over a meeting with Alibaba co-founder Jack Ma and other prominent entrepreneurs on Monday, signaling Beijing’s endorsement for a long-marginalized private sector now considered key to reviving the world’s No. 2 economy. Most Read from Bloomberg The country’s leader drew many of the biggest names in Chinese business over the past decade, representing industries from chipmaking and electric vehicles to AI. The summit demonstrated Beijing’s softer stance toward the companies that fuel most of economy, just as Washington ramps up a potentially debilitating campaign of global tariffs. Xi delivered a speech after hosting…
Dutamas Semesta Sdn Bhd, a prominent trading company in Malaysia, has earned a solid reputation for specialising in the distribution and supply of a wide range of metal products, including […] Source link