Many individuals and companies eager to reduce their climate impact purchase carbon “offsets,” paying for an equivalent amount of carbon to be removed via projects that protect or restore forests, wetlands, and other natural ecosystems that sequester carbon.But these schemes haven’t been as effective as hoped, in part because they create an incentive for quantity over quality of nature-based climate solutions, researchers argue in a new study published in the journal Nature.“Currently, nature-based climate solutions and forest carbon markets are struggling to deliver effective climate mitigation,” says study team member William Anderegg, a forest ecologist at the University of Utah.…
Author: user
Image source: Getty Images If you follow the stock market, you’ll be aware that Rolls-Royce (LSE:RR) shares have surged around 1,000% over the past three years. It’s become the FTSE 100’s crown jewel. What’s more, its valuation is in line with its peers in the US — that doesn’t happen too often. It’s a reflection on the confidence investors have in this firm. One investment that has caught my eye in recent months in Melrose Industries (LSE:MRO). In fact, it’s now one of my largest investments. The company’s current position, characterised by an ongoing transition and beaten-down stock, reminds me…
Image source: Getty Images Reaching £13.23 per share, the Smith & Nephew (LSE:SN.) share price surged 14.6% on Tuesday (5 August), making it the best-performing FTSE 100 share today. The company — whose products include joint implants and wound care treatments — has swept higher after announcing forecast-beating profits for the first half. Not only that, but its data showed sales rapidly gain momentum as the period wore on. Smith & Nephew shares are now trading at their most expensive since February 2022. Is the Footsie business a great turnaround stock for investors to buy? Or is it now looking…
Image source: Getty Images Despite owning many of the most iconic brands in the beverages industry, Diageo (LSE: DGE) shares have been in free-fall for the past four years. Those investors who bought in thinking they were getting a bargain, have ended up owning a falling knife. After several years’ stock market experience, I liken the bottoming of a stock as more akin to a process, rather than as a definitive number. With some early signs of improvement and the stock in the doldrums, is now the time for me to invest? FY results Today (5 August) the company released…
Humans have engineered climate change by manipulating the environment. There’s a hope that we may also be able to mitigate this, predominantly through reducing emissions, but in some cases by leveraging some of these same natural processes, a plan called Nature-based Climate Solutions (NbCS). A majority of the climate-altering carbon dioxide humans release into the atmosphere by burning fossil fuels gets drawn into Earth’s oceans and landscapes through natural processes such as photosynthesis, where plants turn atmospheric carbon dioxide into biomass. Efforts to slow the climate crisis have long sought to harness nature, often through carbon “offsets,” aimed at bolstering…
Image source: Getty Images It’s been a strange second-quarter earnings season so far for my growth portfolio. Volatility has increased, with sharp stock moves in both directions. For example, Roblox jumped 10% on the day it released its report (31 July), as did Rolls-Royce. But Ferrari fell more than 11%, marking the Italian sportscar maker’s worst day since going public back in 2016. Elsewhere, my second-largest holding MercadoLibre reported yesterday (4 August). As I write, shares of the Latin American e-commerce giant are down 6% in the pre-market. So there has been a lot of volatility. Double-digit growth While not…
Image source: Getty Images Unless one was brave enough to buy during Covid, BP (LSE: BP.) shares have made for a poor long-term investment. Indeed, the stock is trading at the same level as it was back at the turn of the century. Over the past five years, the company has pursued a muddled strategy. But now it has pivoted back to oil and gas, its latest results released today (5 August) are showing encouraging signs of moving in the right direction. H1 results Compared to Q1, underlying replacement cost profit increased $700m. However, results were mixed across its three…
Image source: Getty Images Up 85% year to date, Rolls-Royce is the hottest stock on the London Stock Exchange right now and Britons can’t get enough of it. Week in, week out, investors continue to buy it. However, there are other stocks that could outperform Rolls-Royce over the next year. Here’s one that has far more potential, according to City analysts. The UK tech stock you’ve never heard of The stock in focus today is GlobalData (LSE: DATA). It’s an under-the-radar technology company that provides an analytics and insights platform – embedded with artificial intelligence (AI) technology – designed to…
Image source: Getty Images For years, passive income giant Phoenix Group Holdings (LSE: PHNX) slipped under the radar of the wider investment community. I think this was due to its operating via various brand names that were much better known. These included Standard Life and SunLife. Indeed, Phoenix did not come to my attention until March 2023 when the prices of many financial sector stocks tumbled. This followed market fears that the collapse of Silicon Valley Bank would precipitate a broader financial crisis. I thought this extremely unlikely, given the capital boosting measures put in place in Western financial hubs…
The Aussie Dollar remains pinned near the 95.00 against a firmer Japanese Yen.Hopes of further RBA monetary easing next week are weighing on the Australian DollarIn Japan the minutes of the BoJ meeting reveal that the bank maintains its commitment to hike raes furtherThe Australian Dollar remains trapped within a tight range above 95.00 against the Japanese Yen. Market expectations that the Reserve Bank of Australia will cut interest rates further after next week’s meeting are keeping Aussie’s upside attempts limited.The RBA meets next week and is expected to ease its monetary policy further amid the uncertain global trade outlook,…