close
close

Woodside reports half-year profit of $1.94 billion after key project milestones


Woodside reports half-year profit of .94 billion after key project milestones

Woodside reported net profit after tax (NPAT) of $1.94 billion for the half year. Underlying NPAT was $1.63 billion, a 14% decrease from the same period in 2023. The company generated operating cash flow of $2.4 billion and positive free cash flow of $740 million. Woodside had a strong liquidity position at $8.48 billion. The […]

Biden’s IRA promotes half a trillion dollars investment in green technology


Biden’s IRA promotes half a trillion dollars investment in green technology

The introduction of the Biden administration’s Inflation Reduction Act (IRA) has led to a rapid acceleration of the green transition, supported by high levels of domestic manufacturing and a rapid increase in the country’s renewable energy capacity. The IRA is the most far-reaching U.S. climate policy to date and is highly competitive, with many other […]

World Bank’s record-breaking $225 million bond issue finances reforestation in the Amazon region • Carbon credits


World Bank’s record-breaking 5 million bond issue finances reforestation in the Amazon region • Carbon credits

The World Bank, through its lead arm, the International Bank for Reconstruction and Development (IBRD), has issued a 9-year bond worth US$225 million. This bond supports carbon removal by financing reforestation in the Brazilian Amazon rainforest. Exploring the world bank Carbon removal bond Jorge Familiar, Vice President and Treasurer of the World Bank, noted: “A […]

Michigan’s clean energy boom means good union jobs


Michigan’s clean energy boom means good union jobs

Jeffery O’Donnell | The Detroit News As a union member with over nine years’ experience, I know the difference a well-paying, employee-friendly workplace can make. I am a proud member of the International Brotherhood of Electrical Workers (IBEW), which is committed to protecting the rights of its members and improving working conditions in the current […]

“I’ve seen this literally in everything”


“I’ve seen this literally in everything”

A Reddit post has shed light on a pricing practice that may make you think twice before clicking “Add to Cart.” With the increasing popularity of online shopping events like Amazon Prime Day, it’s more important than ever to understand the true value of a deal. Image credit: Reddit Image credit: Reddit What happens? A […]

The city of Copenhagen is introducing an innovative program to reward tourists for good behavior – here’s how it works


The city of Copenhagen is introducing an innovative program to reward tourists for good behavior – here’s how it works

Photo credit: Daniel Rasmussen/CopenPay Copenhagen has introduced a reward system for tourists who participate in climate-friendly initiatives. Denmark is a popular tourist destination, with international visitors flocking to the city, especially from June to August. In 2023, Copenhagen alone recorded 12 million international overnight stays. To increase sustainability, the city has introduced “CopenPay” – a […]