“In Canada, by contrast, four of the 11 pension funds listed still do not have #EmissionsReductions targets for both 2030 and 2050, according to the report.”
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.
Although its already clear that #COP28 will be declaring range of #investments in #carboncapture & storage (CCS) technologies, as the FT points out: the 'greatest limitation on CCS, though, is comparison with other technologies. In sectors such as electricity generation, cheaper alternatives already exist'.
So why the growing number of CCS projects?
Anything to do with the way #fossilfuels corporations have spotted a way of farming subsidies for almost no real performance requirements?
Biden Wants to Make This Big Change to #IRA Rollovers
“President #Biden spoke… on what the White House has called a crackdown on “junk fees” in retirement planning. Such fees chip away at account balances over time, leading to lifetime savings that are up to 20% less than if advisors were held to the highest standards.”
So there's the #climatecrisis & #RishiSunak's scepticism about #netzero, there's questions about #leasehold in the #housingcrisis, there are questions about the absence of #JeremyHunt's plan to encourage #pensions funds to shift #investments into Govt. priority sectors.... but the big news from the King's Speech is that the #Tories will be bringing in legislation to regulate the unlicensed #London pedicabs (cycle rickshaws to you)... yup definitely a priority for us here in the #LuneValley!
When Andrew Griffith (#Tory City Minister) writes to the #FinancialConductAuthority to request they go easy on unregistered #Crpyto firms who keep advertising to customers after the new ban, having already written to #FCA requesting they don't come down too hard on banks violating the recent requirement to put consumers' interest first in the management of #investments...
I think its safe to say he's more interestined in the financial wellbeing of his City chums than in the safety of #voters!
Stocks Climb to Record, Lifted by Big Tech and Rate Cut Hopes (www.nytimes.com)
The S&P 500 crossed above its January 2022 peak after weeks of wavering. Investors have been buying stocks after homing in on signals that the Fed’s campaign of raising interest rates is over.