The successful drilling, carried out in an offshore location about 185 kilometers from the coast and at a water depth of 904 meters, has revealed several oil-bearing campanian sandstone reservoir packages, the company announced on November 2. The Roystonea-1 well reached a total depth of 5,315 meters. Petronas said that the discovery is poised to…
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by Brian Kahn – Bloomberg Christoph Gebald’s company, Climeworks, is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight? Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for…
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Yuka Obayashi A man works at the Tokyo Stock Exchange after market open in Tokyo, Japan, Oct. 2, 2020. REUTERS/Kim Kyung-Hoon/ TOKYO, Oct 11 (Reuters) – Japan’s Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world’s fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to…
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“Margin Call” is a very underappreciated movie IMO. The movie is starred by Stanley Tucci and Kevin Spacey. There are a lot of parallels between this movie and what happened last Friday with the unwinding of Archegos Capital Management’s positions by Goldman Sachs and others. No idea why I started thinking about it on Friday…
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Rethinking Integrity in the Voluntary Carbon Market Systemic flaws in the carbon market The VCM is riddled with a lack of transparency and robust quality standards. Various independent investigations have revealed that the market is flooded with low-quality credits with little to no impact on the climate. The Compensate Foundation has reached the same conclusion…
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“The investment will be used for four parts,” says Jacob Ruiter, CEO of EIT InnoEnergy Benelux. “We are going to invest more in our current portfolio of companies and want to attract new companies. In doing so, we use the capital to set up new companies in promising markets. Our fourth goal is related to…
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Delay costs 4 times as much as before eyesonbrasil Amsterdam, 9 August 2023– According to Instituto Escolhas, a Brazilian organization promoting sustainable development, South America’s largest country will have to invest US$ 47 billion to recover a large area of forests in the country’s six biomes, which would result in employment generation, food production, and…
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What role for female labor participation? On the occasion of the launch of the OECD Economic Outlook, this high-level panel of experts aimed to facilitate the exchange of views and experiences among Latin American experts on how to increase female labor participation in Latin America and thus strengthen potential growth. The panel was moderated by…
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BELLA II (Building the Europe Link to Latin America and the Caribbean) is co-financed by DG INTPA of the European Commission (EC), through the Neighbourhood, Development and International Cooperation instrument – Global Europe (NDICI), under agreement number 438-964, signed in December 2022. The EC contribution for the 48 months in which the project will be executed, is…
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It’s a pleasure to welcome you all to Brussels and to return your warm hospitality from the last two summits I had the privilege to participate in – in Mexico and Argentina. And I would like to thank the current and former presidents of CELAC, Prime Minister Gonsalves and President Fernández for our close cooperation…
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