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Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation

Weekly Commentary: Q4 2023 Z.1: Bubble Confirmation
seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.

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Clueless in Corporate America

Corporate America may be raking in profits, but “some executives are sounding deeply uncertain about the country’s economic future." ....

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Big Oil Is Getting Serious About Carbon Capture

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Big Oil Is Getting Serious About Carbon Capture
By Irina Slav - Jan 07, 2021, 3:00 PM CST
Five years ago, a handful of oil majors launched what they called the Oil and Gas Climate Initiative with the stated aim of accelerating the energy industry s response to climate change. One of the ways to do that was carbon capture, storage, and potential reuse. Now, five years later, Big Oil has little to show for it. Yet it is starting to take carbon capture seriously.
In December last year, BP said it had acquired a majority stake in the largest carbon offset project developer, Finite Carbon. The company, according to the supermajor, develops projects that enable landowners to generate revenue from the protection, restoration, and sustainable management of forests. The acquisition will help Finite Carbon expand internationally, targeting landowner revenues of $1 billion by 2030. ....

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