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April 28, 2021

Fed holds interest rates near zero, sees faster growth and higher inflation- oil and gas 360

Fed holds interest rates near zero, sees faster growth and higher inflation

April 28, 2021

CNBC The Federal Reserve on Wednesday declined to let up on its easy-money policy despite an economy that it acknowledged is accelerating. As expected, the U.S. central bank decided to keep short-term interest rates anchored near zero as it buys at least $120 billion of bonds each month. The latter part of policy is a two-pronged effort to support an

A major new facility in Oregon could help transform the prospects of wave energy- oil and gas 360

A major new facility in Oregon could help transform the prospects of wave energy

April 28, 2021

CNBC With snow-capped mountains, shimmering lakes and vast swathes of forest, Oregon, in the Pacific Northwest of the United States, does not lack for natural beauty. In waters off its coastline, one project is attempting to harness nature’s power by testing and analyzing wave energy converters, a technology which could have an important role to play in a transition to

Farmers struggle to break into booming carbon-credit market- oil and gas 360

Farmers struggle to break into booming carbon-credit market

April 28, 2021

Reuters When Microsoft Corp made a massive purchase of carbon credits in January, it turned to a relatively new source: farmers who plant crops meant to trap carbon in the soil. The credits are financial instruments generated by projects that reduce or avoid the release of greenhouse gases, such as solar farms or tree-plantings. The projects’ owners can sell the

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