Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Ian Bickis Nature Conservancy Canada’s Boreal Wildlands project is seen in an undated handout photo. Banks know a growth market when they see it, and they’re increasingly seeing one in the buying, selling and generating of carbon offsets. Photo by Andrew Warren /The … Read more
Article content (Bloomberg) — Air Canada shares rose to the highest level in more than four months after the company reported revenue and operating earnings that easily beat analysts’ estimates. Article content Canada’s largest air carrier is slowly recovering from the pandemic. The company recorded its first operating profit since 2019, and its net loss … Read more
Filecoin Green, a Protocol Labs initiative designed to reduce the environmental impact of FIlecoin (FIL) and make it verifiably sustainable, has spearheaded an initiative to power Web3 technology with verifiably clean energy. According to the announcement, the company is set to address the shortcomings of traditional carbon storage solutions by “marrying blockchain’s granular tracking functionality … Read more
Air Canada has selected Chooose as its new carbon offset partner, the carrier announced Tuesday. The options to purchase verified carbon offsets have been integrated into the carrier’s Canadian and U.S. booking websites, where the Chooose platform estimates greenhouse gas emissions. When purchased, the customer receives a certificate confirming the offset. Loyalty program Aeroplan members … Read more
Article content (Bloomberg) — Oil advanced at the start of the week as the Chinese city of Chengdu ended a two-week lockdown, boosting the outlook for demand. Article content West Texas Intermediate rose toward $86 a barrel in early Asian trading after posting a third weekly loss on Friday. Chengdu is the biggest city to … Read more
Another addition! After welcoming daughter Kulture in 2018, Cardi B and Offset continued to expand their family with son Wave. The on and off couple got engaged in 2017 after being linked earlier that year. They tied the knot in 2018, shortly before the arrival of their first child. Offset, for his part, also shares … Read more
Wildfires have depleted almost all of the carbon credits set aside in reserve by forestry projects in the US to protect against the risk of trees being damaged over 100 years, a new independent study has found. As a result of fires, six forest projects in California’s carbon trading system had released between 5.7mn and … Read more
Breadcrumb Trail Links PMN Economy PMN Business Author of the article: Article content NEW YORK — Oil prices were little changed on Tuesday as the market balances fears that an economic slowdown will hit oil demand against tight supply and a weaker U.S. dollar. Brent futures for September delivery fell 14 cents, or 0.1%, to … Read more