Google blames AI for rising emissions instead of aiming for net zero

Google points to artificial intelligence and the pressure it puts on energy-guzzling data centers to fuel emissions growth. Three years ago, Google laid out an ambitious plan to tackle climate change by becoming “net zero,” meaning that by 2030 the company would no longer emit more climate-changing gases into the air than it took out. … Read more

Britain will pay a high price for Labour’s Net Zero fanaticism

Britain will pay a high price for Labour’s Net Zero fanaticism

“Families and businesses will have lower bills forever.” That is a promise the Labor Party will make to the British public when it comes to power. One of Labour’s six ‘missions’ for the government is to make Britain a ‘clean energy superpower’ by 2030, investing in wind, solar and carbon capture and energy storage. Great … Read more

OpenAI releases official .NET library

Last week, OpenAI released the first beta version of its official .NET library, which is available as a NuGet package for .NET developers to try. This release follows Microsoft’s announcement at the Build 2024 conference highlighting their partnership with OpenAI to enhance the .NET ecosystem with advanced AI capabilities. This 2.0.0-beta.1 version of the official … Read more

The world is using more oil, coal and gas than ever before and will continue to do so. Net Zero is dead

A key point of consensus regarding global oil demand is the expectation that it will remain robust, driven by a combination of factors including economic recovery, increased travel and rising industrial activity in non-OECD countries. The only major body not seeing sustained, massive growth is the International Energy Agency (IEA), which revised its figures this … Read more

A victory in the Labor election would be a ‘net positive’ for markets, JP Morgan says

A victory in the Labor election will be a “net positive” for financial markets, say strategists at US bank JP Morgan, in an analysis that underlines the appeal of Keir Starmer’s “centrist platform” for the City of London. A Labor majority would benefit banks, builders and supermarkets, analysts led by JP Morgan’s head of global … Read more

The two seasoned fixed income managers who are still delivering top returns | Trust Net

Trustnet looks at funds within the Sterling bond sectors that have been managed by the same manager since at least 2004. The fixed income industry has proven to be a difficult area for long-serving managers to excel in recent years. Only two ‘experienced’ managers – those who have been at the helm since 2004 or … Read more