Norway’s Adevinta is buying eBay’s (EBAY) classified ads business for $9.2 billion to create the world’s largest online classifieds company.In the age of Google (GOOGL)and Facebook (FB), classifieds aren’t exactly a mammoth business: They made up only about 3% of the $125 billion internet advertising market in 2019, according to the Interactive Advertising Bureau, the global industry body for digital…
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Apple has pledged to become a carbon-neutral operation by 2030, a commitment that covers its entire supply chain and the lifecycle of all its products, including the electricity consumed in their use. The company is aiming to achieve the goal by means including: Low-carbon product design, using recycled materials where possible, and developing new techniques such as a carbon-free aluminium smelting…
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The first active leak of methane from the sea floor in Antarctica has been revealed by scientists. The researchers also found microbes that normally consume the potent greenhouse gas before it reaches the atmosphere had only arrived in small numbers after five years, allowing the gas to escape. Vast quantities of methane are thought to be stored under the sea…
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It seems like such a simple question: How hot is Earth going to get? Yet for 40 years, climate scientists have repeated the same unsatisfying answer: If humans double atmospheric carbon dioxide (CO2) from preindustrial levels, the planet will eventually warm between 1.5°C and 4.5°C—a temperature range that encompasses everything from a merely troubling rise to a catastrophic one. Now,…
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Scientists have achieved two major breakthroughs in terms of solar energy which could significantly increase efficiencies and reduce the cost of generating energy from the sun. The study on these two breakthroughs was published in Nature Energy and Nature Photonics. UpconvertingThe first breakthrough describes how scientists were able to transform low energy, non-visible light into high energy light and successfully…
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According to a statement issued on Wednesday, the central bank said it had enhanced the scope of its Refinance Scheme for Renewable Energy by allowing financing under category III of the scheme to solar and wind based energy sale companies. In light of the feedback received from stakeholders, the size of the project established by vendor/ supplier/ energy sale company…
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Chinese engineers and mechanics experts on Tuesday denounced a new round of Western media reports that hyped the Three Gorges Dam deformation rumor, saying the reports were taken out of context and exposed their anti-China mindset and lack of basic physics knowledge. Some Western media have never been so obsessed with a single dam, unless it was located in China.…
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The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in a collapse that could be a harbinger of sterner tests for many of the country’s 94,000 aging dams as the weather gets more extreme. Located in Yangshuo county, famed for its otherworldly karst landscape, the dam collapsed at around midday…
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