While Tesla is the most familiar name across the world’s largest corporate buyers, several companies have amassed far more bitcoin - leading their share prices to skyrocket in value last year. At the same time, the vast majority are found in North America, with the exception of Nexon, a Japanese-based video game publisher. This graphic, via Visual Capitalist's Marcus Lu, shows the public companies that own the most bitcoin, based on data from CoinGecko. MicroStrategy at the Top As the world’s largest corporate owner of bitcoin... Читать дальше...
Via Metal Miner After several months of slight upward momentum, the Renewables MMI (Monthly Metals Index) broke the sideways-to-upward trend, declining by 8.89%. Neodymium dropping in price proved to be the main culprit for the index dropping. Every other component of the index either moved sideways or slightly down. Meanwhile, renewable energy news sources continue to keep their eyes on elements like neodymium (mainly sourced from China), especially as the outlook for China’s economy for the remainder of 2024 remains questionable. Читать дальше...
The African continent it at a critical turning point. The region’s energy demand is set to skyrocket just as climate change is starting to impact local livelihoods in earnest. African countries are among those most vulnerable to climate change despite having contributed the least to the climate crisis. Faced by a sharp population growth, and a need to develop local and national economies, Africa also must simultaneously contend with the urgent imperative to keep emissions in check. It’s a tall order. Читать дальше...
Exxon has “strong feelings” that it is right in its view of the right-of-first-refusal provision in its spat over oil assets in Guyana, Exxon Senior Vice President Jack Williams told Bloomberg on Friday—in part because it wrote the contract governing the project. Exxon has accused Chevron of trying to get around the right of first refusal provision by merging with Hess Corp—a deal that would hand Chevron Hess’s 30% stake. Chevron has argued that the right of first refusal doesn’t apply to mergers. Читать дальше...
