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☆ Big oil is racing to scale up carbon capture to slash emissions but the challenges are immense
▼ + stars: | 2024-04-06 | by ( Spencer Kimball | ) www.cnbc.com time to read: +14 min

Some climate activists accuse the industry of simply investing in carbon capture as way to extend the use of oil and gas. The technology typically uses chemical absorption to capture carbon dioxide emitted from the chimney of an industrial plant. "The economic viability of carbon capture and sequestration is a challenge today because the cost of building most plants in order to capture carbon dioxide are very significant," the executive said. About two-thirds of the industry's carbon dioxide emissions come from chemical reactions that occur when breaking down limestone. SLB this month announced a nearly $400 million investment in Aker Carbon Capture, a pure-play carbon capture company based in Norway, in an effort to accelerate deployment of the technology at commercial scale.

Persons: Chin Lee, Biden, SLB, Fred Majkut, Majkut, Adam Miklos, Miklos, Baker Hughes, Olivier Le Peuch, Alessandro Bresciani, Jeff Gustavson, Gustavson, steelmaker Nucor, Linde, Dan Ammann, Ammann, Fatih Birol, We're, SLB's Majkut Organizations: Chevron, Houston Chronicle, Hearst Newspapers, Department of Energy, RTI International, International Energy Agency, Exxon, Rystad Energy, Clean Investment Monitor, United Nations ., Gulf Coast, CF Industries, Talos Energy, Carbonvert, IEA Locations: Winnie, Mississippi, Vicksburg, Schlumberger, United States, Paris, Chevron, United Kingdom, U.S, Aker, Norway, Houston, Port Arthur , Texas, Gulf, Louisiana, Beaumont , Texas, Mississippi , Louisiana, Texas, Bayou, Port Arthur

☆ Your home sale may leave you in a tax shock. Here's how to reduce your capital gains tax bill
▼ + stars: | 2024-02-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

Those gains could trigger a tax bill this season, depending on the size of the windfall, experts say. In 2023, home sellers made a $121,000 profit on the typical median-priced single-family home, according to ATTOM, a nationwide property database. Still, "the tax laws were written to encourage homeownership," and many sellers qualify for a tax break, Ringbauer said. Single homeowners can shield up to $250,000 of home sales profit from capital gains taxes and married couples filing jointly can exclude up to $500,000, provided they meet IRS eligibility. Who qualifies for the capital gains exemptionsThere are strict rules to qualify for the $250,000 or $500,000 capital gains exclusions, Ringbauer warned.

Persons: Witthaya, Miklos Ringbauer, Ringbauer, you've, There's, Assunta McLane Organizations: Summit Place Financial Locations: Los Angeles, Summit , New Jersey

☆ Hungarians protest new teachers' law, police violence
▼ + stars: | 2023-05-19 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsHungarians protest new teachers' law, police violencePostedThousands of Hungarians rallied in Budapest on Friday (May 19) to protest new legislation that would eliminate the public servant status of teachers, as well as police teargassing of teenagers during a previous demonstration. Demonstrators Zita Nemeth and Miklos Bus were there calling for change.

☆ Vladimir Tismăneanu, 06 noiembrie 2020
▼ + stars: | 2020-11-06 | by ( ) moldova.europalibera.org time to read: +2 min

Născut la Târgu Mureș în 1953, poetul, dizidentul și activistul civic Géza Szőcs s-a stins din viață pe 5 noiembrie 2020 la Budapesta. Situație paradoxală ţinând cont de atașamentul său pentru ceea ce putem numi tradiția europeană din literele maghiare, atât de diferită de opţiunile lui Orban și ale partidului Fidesz. În România, în anii 80, Géza a fost editorul revistei samizdat „Contrapuncte” (Ellenpontok), a fost urmărit, arestat și interogat de Securitate, și-a menţinut nealterată verticalitatea. Géza a simțit direct efectele politicii de „omogenizare” practicată de regim, a înțeles că rezistența civică este singura strategie menită sa salveze valorile reale. Numele lui Géza Szőcs aparține, neîndoios, acelui domeniu al memoriei pe care îl numesc istoria onoarei în Europa Centrală și de Est.

Persons: Géza Szőcs, Ceaușescu, Paul Goma, Viktor Orban ., Orban, Fidesz, Géza, Securitate, Orban . Géza, Judith Shapiro, Mihai Botez, Agnes Heller, Ferenc Feher, Miklos Haraszti, Dorin Tudoran, Aleksandr Zinoviev, Carlos Alberto Montaner, Jan Vladislav Organizations: maghiar, Europa Liberă, UDMR, Soros, editura Macmillan Locations: Târgu Mureș, Budapesta, România, Elveția, Cluj, Ungaria, New York, Europa de Est, Europa Centrală, Est

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