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ASX : Net-Zero Gold ETF Readies for Launch in Australia


By Dieter Holger
Financial technology startup Trovio plans to launch one of the world s first exchange-traded funds invested in gold that targets net-zero emissions, combining two of the most popular ETF trends in recent years.
The company said Monday that its upcoming GoldZero ETF, jointly developed with sustainable commodities firm Xpansiv, is backed by carbon offsets and will list on the Australian Securities Exchange.
To cut emissions, carbon offsets commonly involve investing in tree planting and other environmental projects. Each carbon offset credit typically equals one ton of carbon dioxide.
We re offering investors the ability to readjust their portfolios in precious metals to promote better climate decisions without impacting the underlying performance of gold s investment case as a store of value and protection against inflation, Trovio Chief Executive Jon Deane said. ....

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Wells Fargo mpany : Pledges $500 Billion Toward Net-Zero Emissions by 2050


By Dieter Holger
Wells Fargo & Co. pledged half a trillion dollars over the next decade as part of a new goal to reach net-zero emissions by 2050, joining other big banks that have set out similar actions.
The San Francisco-based bank, one of the five largest in the U.S. by assets, said Monday that its new pledge takes aim at its funding of carbon-intensive industries. To aid in that goal, it would deploy some $500 billion by 2030 toward sustainable financing that would help green the economy.
Wells Fargo s move expands its focus from its contribution to climate change from its direct operations, like its offices, business travel and energy use, to its financing, as banks face pressure from investors and activists to wield their lending power to fight climate change. ....

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'Wake up, my child': mom's grief for cancer-stricken son who died fending off robbers


Dieter Grabie was fatally stabbed in the chest during a robbery. (Photo: SUPPLIED)
He
was undergoing treatment for leukaemia when the unthinkable happened: he was
stabbed to death protecting his friend during a mugging.
Now
the only thing giving his heartbroken mom comfort is the fact her boy, Dieter
(21), died a hero.
Thelma
Grabie had to see the sight no parent should ever have to see: her child lying lifeless
in a hospital bed.
He
looked like he was asleep, Thelma (48) says, and even though she knew he was
gone she couldn’t help touching his leg and shaking him. “Wake up!” she screamed. ....

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