Tariffs can encourage companies to invest in domestic production and create jobs. At the same time, they can also spark trade wars, leading to job losses in affected industries. Their economic impact is certainly complicated. At present, the U.S. is in a major tariff conflict with Canada, Mexico, and China after President Trump raised tariffs […]
The Canadian banking sector is under pressure to balance financial growth with sustainability. The Big Five banks of the country – Royal Bank of Canada (RBC), Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), TD Bank, and Canadian Imperial Bank of Commerce (CIBC) – have all reported their latest earnings while advancing their climate […]
The lithium market is experiencing a major price decline due to rising supply and weaker demand. In February 2025, the lithium carbonate CIF North Asia price fell below $10,000 per metric ton, dropping 4.5% to $9,550/t. This is the lowest level since February 2021. Analysts expect further cuts in production throughout 2025 to balance the […]
Wells Fargo, one of the largest financial institutions in the United States, has made a significant shift in its climate strategy by abandoning its commitment to achieving net-zero financed emissions by 2050. It is the first major U.S. bank to do so. The bank has also dropped its interim 2030 targets for financed emissions. This […]
Amazon is ramping up its renewable energy push in Spain with 17 new solar and wind projects. This brings its total investment in the country to 94 renewable projects, generating over 3.7 gigawatts (GW) of clean energy—enough to power more than 2.3 million Spanish homes annually. A major part of this effort includes 63 large-scale […]
Verra recently introduced the Verified Carbon Standard (VCS) Methodology VM0051 to reduce greenhouse gas emissions from rice farming. Under this guideline, farmers will practice improved water and crop management practices in flooded rice systems. Verra began developing this methodology in late 2023. They held a public consultation in 2024 with ATOA Carbon and external reviewers […]
United States data centers are consuming more electricity than ever before. In the third quarter of 2024, their power demand reached 46,000 megawatts (MW), a huge increase driven by artificial intelligence (AI) and cryptocurrency mining. According to forecasts, this demand will grow to 59,000 MW by 2029. Digital services, cloud computing, and AI apps make […]
As demand for nickel rises, the Philippines can strengthen its role in the EV supply chain. However, a proposed ban on raw mineral exports could reshape its industry. At the same time, global trade tensions are adding uncertainty. New US tariffs on nickel imports, combined with an ongoing supply surplus, are keeping prices volatile. While […]
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