Many of the companies promising “net-zero” emissions to protect the climate are relying on vast swaths of forests and what are known as carbon offsets to meet that goal. On paper, carbon offsets appear to balance out a company’s carbon emissions: The company pays to protect trees, which absorb carbon dioxide from the air. The […]
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s fourth-quarter revenue beat estimates of a decline, as demand from artificial intelligence players helped offset sluggish smartphone and laptop chip sales. Most Read from Bloomberg Hsinchu-based TSMC, the main chipmaker to Apple Inc. and Nvidia Corp., reported December sales of NT$176.3 billion ($5.7 billion), completing a NT$625.5 billion quarter. […]