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RobinhoodI decided to ask a few of my friends what investing platform they use. Since my cash is already sitting in savings accounts and CDs through the bank, I decided to check out its self-directed investing platform, Ally Invest. I decided on Ally InvestAfter spending some time testing out each platform, I decided that Ally Invest was perfect for my current needs. It allowed me to easily transfer money between my other accounts with the bank into my investment account. Plus, I was able to diversify my portfolio by investing in different securities, from mutual funds to ETFs.

Persons: Charles Schwab, Robinhood, Ally, Invest Organizations: Ally, Invest

☆ I got a dangerous surgery at 16 to stop excessive facial blushing, and it ruined my life. Decades later, I can't feel emotions.
▼ + stars: | 2024-02-03 | by ( Gary Nunn | ) www.businessinsider.com time to read: +5 min

At 16, he got an endoscopic thoracic sympathectomy to correct his excessive facial blushing. He's now 40 and still suffering the side effects from the surgery; he can't feel emotions. I couldn't do the things I wanted to do: feel comfortable approaching a girl, speak in front of the class, do drama. AdvertisementThe surgery is most often sought to mitigate excessive sweating (usually of the palms), but sometimes it's used for facial blushing. The side effects have lasted decadesThe surgery took less than an hour, and it has changed my whole life.

Persons: He's, —, John Larsen, it'd, wasn't, I'd, It'd, There's, who've, It's, I'm, I've Organizations: Service, ETS

☆ How much you should tip your Uber and Lyft driver, according to drivers and etiquette experts
▼ + stars: | 2023-10-25 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

Some Uber and Lyft drivers have complained about poor customer tipping recently. We asked drivers and etiquette experts how much Americans should be tipping for Uber and Lyft rides . AdvertisementAdvertisementRegardless of whether you're tired of tipping or trying to save money, four etiquette experts and drivers told Insider that it shouldn't stop you from tipping your Uber and Lyft driver. "As long as we're not guaranteed a living wage, I think the ethical thing is to tip drivers." AdvertisementAdvertisementJeff Hoenig, a 63-year-old part-time Uber driver in South Carolina, told Insider that roughly half of his customers left a tip last year.

Persons: Uber, —, it's, Lyft, Thomas Farley, Mister Manners, Gabe Ets, Jeff Hoenig Jeff Hoenig Nick Leighton, Farley, Jeff Hoenig, Hoenig Organizations: Service, Ets Locations: New York, Oakland , California, South Carolina

☆ How much do Uber and Lyft drivers really make? It varies wildly depending on tips, car expenses, and how they calculate profits.
▼ + stars: | 2023-10-24 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

First, the ride-hailing pay calculations used by researchers, drivers, and companies can vary considerably — some don't fully account for the expenses and hours that impact a driver's profits. Second, drivers' pay can fluctuate based on how often they drive, their vehicle's expenses, and how well their customers tip. Aaron Lavender, a 36-year-old full-time Uber and Lyft driver in Colorado, previously told Insider that tips make up 10% to 20% of his income. AdvertisementAdvertisementMinimum wage laws could help clarify drivers' payThe uncertainty of drivers' pay doesn't seem to have stopped Americans from giving ride-hailing gigs a shot. The number of Uber drivers hit a record-high 5 million in 2022, with more than 70% of new drivers citing inflation as a reason they joined the platform, the company reported.

Persons: Uber, —, Lyft, Jeff Hoenig Jeff Hoenig Uber, Gabe Ets, Jeff Hoenig, Smith, Wesley Johnson, Aaron Lavender Aaron Lavender, Dallas Uber, Aaron Lavender, Nathaniel Hudson, Hartman, he's Organizations: Service, Drivers, Demand, Tesla Motors Locations: Oakland , California, South Carolina, Silicon, Mountain View , California, San Francisco, Dallas, Colorado, Portland, New York City, Seattle, California

☆ Column: Europe's clashes over coal may extend well beyond Poland
▼ + stars: | 2023-06-20 | by ( Gavin Maguire | Thomson Reuters | Gavin Maguire Is The Global Energy Transition Columnist. He Was Previously Asia Commodities | ) www.reuters.com time to read: +6 min

However, while Poland may be Europe's most coal-dependent economy with roughly 70% of electricity coming from coal, it is far from being Europe's only economy with a vested interest in extending the life of its power plants. HEAVY USERSGermany has the highest number of coal plants in Europe, with 53 facilities listed as participating in the EU Emissions Trading System (EU ETS), data from Ember shows. Poland is also home to the Belchatow Power Station, which is by far Europe's largest thermal coal plant, which alone spewed out over 35 million tonnes of CO2 in 2022. Czechia, formerly the Czech Republic, has 19 coal-fired plants in the EU ETS which emitted a collective 34 million tonnes of CO2 in 2022. Share of electricity from coal in select European countriesBulgaria, which depended on coal for 42% of electricity last year, has five plants in the EU ETS which emitted 23.8 million tonnes last year.

Persons: Ember, Belchatow, Gavin Maguire, Sonali Paul Organizations: Union, European Union, EU, Trading, ETS, EU ETS, World Bank, Belchatow, Southern, Global Energy Monitor, Western, Reuters, Thomson Locations: LITTLETON , Colorado, Ukraine, Poland, Germany, Netherlands, Romania, Turkey, Czechia, Greece, Europe, Czech Republic, Bulgaria, Slovenia, Italy

☆ Factbox: Asia's carbon pricing and emission trading systems
▼ + stars: | 2023-03-31 | by ( Matthew Chye | ) www.reuters.com time to read: +5 min

Here is a look at some of the carbon emissions trading systems (ETS) and pricing mechanisms in Asian countries aimed at reducing greenhouse gas emissions and achieving net zero targets. * A carbon levy will be introduced from around 2028/29 on fossil fuel importers such as refiners, trading houses and electricity utilities. INDIA* Parliament in December passed the Energy Conservation (Amendment) Bill 2022 that sought to establish carbon trading. * Authorities are studying the implementation of a carbon exchange and plan to set up agencies to monitor and verify emission volume. MALAYSIA* The stock exchange launched a voluntary carbon market (VCM) in December with the introduction of the Bursa Carbon Exchange, the world's first Shariah-compliant carbon exchange.

☆ Enterprise Tech Firms Push Further Into Generative AI
▼ + stars: | 2023-03-08 | by ( Angus Loten | ) www.wsj.com time to read: +7 min

Generative AI, the technology underlying the viral ChatGPT chatbot, runs on algorithmic language models trained on vast amounts of online data. “We think 2023 will be the year that generative AI will become prevalent and a key component of modern office work,” he said. On Tuesday, the company launched a $250 million investing fund targeting generative AI startups. Yet despite assurances from the enterprise market’s biggest players, most corporate tech chiefs are taking a wait-and-see approach to ChatGPT-like generative AI technology, analysts said. Steve Santana, chief information officer at educational-testing company ETS, said he is more open to working with large enterprise-technology firms on generative AI capabilities, rather than small niche providers.

An ETS sets a cap on the amount of CO2 emissions that a sector, or group of sectors, can produce. The system creates CO2 permits, called EU Allowances (EUAs) for those emissions, which companies must buy for each tonne of CO2 they emit. CO2 permits are traded on the open market, meaning companies, traders and investors buying them pay the same price. Critics say by making it cheaper to pollute, free permits have reduced the incentive for industries to reduce their emissions. Companies that already pay CO2 costs in the country where the goods were produced can be exempted from the EU levy.

The more emitters have to pay for EU carbon permits to cover each tonne of C02 they produce, the greater the incentive to invest in low carbon technologies and switch to less polluting fuels. Still, rising carbon prices are a cause of political tensions in the EU and breaching the 100 euro threshold is likely to reignite debates over prices. Spanish Prime Minister Pedro Sanchez last year called for a CO2 price cap to help tackle soaring inflation. Other EU countries view a robust carbon price as vital to meeting climate goals. Years of weak prices followed until CO2 prices began to recover in 2018 when the EU agreed to remove surplus permits from the market.

☆ The fog in the English Channel is clearing a bit
▼ + stars: | 2023-01-16 | by ( Hugo Dixon | ) www.reuters.com time to read: +7 min

But if the two sides can resolve a dispute over Northern Ireland there could be progress on topics such as climate change, foreign policy and financial services. Resolving the dispute over the so-called Northern Ireland Protocol is the key to unlocking cooperation on a range of topics. But a deal on Northern Ireland could be. Johnson agreed to such a forum as part of the political declaration accompanying the Brexit deal but then abandoned it. “Fog in the Channel: Continent cut off” is a mythical UK newspaper headline which supposedly summed up Britain’s disdain for its neighbours.

☆ EU agrees to the world’s largest carbon border tax
▼ + stars: | 2022-12-19 | by ( Hanna Ziady | ) edition.cnn.com time to read: +4 min

London CNN —European Union governments have reached a deal on the world’s first major carbon border tax, as part of an overhaul of the bloc’s flagship carbon market that aims to make its economy carbon-neutral by 2050. EU ministers finalized details of the Carbon Border Adjustment Mechanism early Sunday after reaching a provisional agreement earlier on in the week. The landmark measure adds a pollution price on certain imports to the European Union. She added that certifying carbon emissions in producing countries remains a “challenge.”Climate policy overhaulThe carbon border tax is part of a wider deal agreed to Sunday that reforms the EU carbon market to cut its emissions 62% by 2030, compared to 2005. The Carbon Border Adjustment Mechanism will be phased in at the same time, in that way protecting domestic firms from being undercut by foreign competitors.

☆ European Union reaches landmark agreement on a pollution tax for imports
▼ + stars: | 2022-12-13 | by ( Anmar Frangoul | ) www.cnbc.com time to read: +2 min

The EU wants to cut greenhouse gas emissions by at least 55% by the year 2030, compared to 1990. Plans for the European Union's Carbon Border Adjustment Mechanism took a significant step forward Tuesday morning after a provisional deal between the Council of the EU and members of the European Parliament was reached. The European Parliament's statement described the new bill as being "the first of its kind." "CBAM will be a crucial pillar of European climate policies," Mohammed Chahim, a member of the European Parliament, said. In its own statement, the Council of the EU (government ministers from each EU country) said Tuesday's agreement still had to be confirmed by the European Parliament, EU member states' ambassadors, and then "adopted by both institutions before it is final."

☆ COP27: Regulators plan closer scrutiny of carbon markets
▼ + stars: | 2022-11-09 | by ( Huw Jones | ) www.reuters.com time to read: +3 min

LONDON, Nov 9 (Reuters) - Global securities regulators proposed closer scrutiny of carbon trading on Wednesday to deepen liquidity and prevent greenwashing in markets used by companies to offset their emissions to drive the transition to a net-zero economy. The International Organization of Securities Commissions (IOSCO), which groups securities regulators from across the world, made recommendations to improve 'compliance' carbon markets, and asked whether regulators should be more involved in 'voluntary' carbon markets. Compliance refers to regulated markets for trading permits on exchanges like ICE and EEX with the EU emission trading scheme (ETS). The unregulated voluntary market refers to companies buying credits from emission reducing projects like renewable energy or planting trees to offset their own emissions. "Some vulnerabilities in voluntary carbon markets have thus far prevented these markets from scaling to their full potential, while others can be of concern for regulators in their efforts to counter the risk of greenwashing," IOSCO said.

☆ Prețul carbonului în UE a ajuns la un record istoric de 50 de euro pe tonă
▼ + stars: | 2021-05-04 | by ( ) www.jurnal.md time to read: +4 min

Sursa foto: Profimedia ImagesPrețul carbonului în UE a ajuns la un record istoric de 50 de euro pe tonăPreţul permiselor pentru carbon din UE a urcat marţi pentru prima dată peste nivelul de 50 de euro pe tonă, pe fondul înăspririi politicii climatice a blocului comunitar şi a cererii solide din partea investitorilor, ceea ce a dus la un cost ridicat record al emisiilor, transmite Reuters. Ulterior, preţurile de referinţă ale permiselor pentru carbon din Uniunea Europeană au scăzut şi se tranzacţionau la 49,46 euro pe tonă. Conform datelor Refinitiv, contractele permiselor pentru carbon pentru decembrie 2021 au urcat cu 14,7% în aprilie şi cu 49,2% de la începutul anului. Luna trecută, preţul carbonului în UE a crescut la nivelul record de 47 euro pe tonă, după acordul privind Legea europeană a climei, unul dintre elementele-cheie ale Pactului verde european. Acesta a adăugat că nivelul scăzut al capacităţilor de stocare a gazelor naturale din Europa afectează preţul carbonului în UE.

Persons: Preţurile, Reuters, Acesta Organizations: Reuters, Uniunea Europeană, Europeană, G20, FMI Locations: UE, Europa, Bruxelles, FMI, Paris

Potrivit acestui raport, anul trecut în cele 27 de state membre ale UE, emisiile de gaze cu efect de seră au scăzut cu 3,7% de la un an la altul, în timp ce PIB-ul a crescut cu 1,5%. În prezent, nivelurile emisiilor sunt cu 24 % mai reduse faţă de nivelurile din 1990. Potrivit acestui raport, anul trecut în cele 27 de state membre ale UE, emisiile de gaze cu efect de seră au scăzut cu 3,7% de la un an la altul, în timp ce PIB-ul a crescut cu 1,5%. În prezent, nivelurile emisiilor sunt cu 24 % mai reduse faţă de nivelurile din 1990. Veniturile din licitaţiile din cadrul sistemului EU ETS reprezintă o sursă din ce în ce mai importantă de finanţare a combaterii schimbărilor climatice.

Persons: Frans Timmermans Organizations: Uniunea Europeană, EU, UE Locations: UE, Tranziţia, Regatul Unit

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