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‘Litigation terrorism’: the obscure tool that corporations are using against green laws | Arthur Neslen
Investor-State Dispute Settlements are legal, huge and often hush-hush – and fossil fuel firms and others are using them to hold the planet to ransom
What do you get if you cross the planet’s richest 1%, a global legal system adapted to their investment whims, and the chance to squeeze billions from governments? The answer is “Investor-State Dispute Settlements”, or ISDS, alternatively dubbed “litigation terrorism” by Joseph Stiglitz, the Nobel prize-winning economist. ISDS is a corporate tribunal system, where a panel of unelected lawyers decides whether a company is owed compensation if the actions of national governments leave its assets “stranded”.
In hearings, which are often held behind closed doors, ISDS documents, claims, awards, settlements – even the content of cases – need not be made public, regardless of any public-interest considerations.
Continue reading...FEATURE: Geoengineering could help curb sea level rise, produce unknown side effects
Rural Australia believes in self-sufficiency, so let’s set the terms of the renewable energy boom | Gabrielle Chan
The consultation and planning around the energy rollout has been lacking – so let’s knock the edges off and get investment that works for our communities
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I recently discovered the chest freezer in our shearer’s huts had blown up in a lightning strike. The power had been out for two weeks. It felt like a CSI plot: I’m the woman with the torch, pushing the creaky shed door open to find a cloud of blow flies hovering around a bad smell.
The little bastards had found a tiny breach in the freezer seal. I did my best rendition of Brad Pitt in Se7en – What’s in the box? When I opened the lid, even the maggots had gone to fly heaven. The vestiges of splendid homegrown lamb were a grey mush at the bottom of the freezer.
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Continue reading...Euro Markets: Midday Update
ANALYSIS: Enthusiasm for mini nuclear reactors is growing in the EU, but tech is far from deployable
Santander-owned project developer partners with fertiliser producer for permanent carbon removals
Australia-listed startup rolls out near-zero emissions steel plant plans
Revealed: the 1,200 big methane leaks from waste dumps trashing the planet
The huge leaks of the potent greenhouse gas will doom climate targets, experts say, but stemming them would rapidly reduce global heating
• ‘It’s impossible to breathe’ – life by Delhi’s towering landfills
There have been more than 1,000 huge leaks of the potent greenhouse gas methane from landfill waste dumps since 2019, the Guardian can reveal.
Analysis of global satellite data from around the world shows the populous nations of south Asia are a hotspot for these super-emitter events, as well as Argentina and Spain, developed countries where proper waste management should prevent leaks.
Continue reading...US Department of Interior pledges $157 mln for ecosystem restoration projects
SBTi validates its first 1.5C-aligned shipping company emissions plan
PREVIEW: Indonesia heads to the polls as presidential candidates offer style over substance on climate, carbon policies
First ever report on migratory species unveils alarming state of wildlife
Blockchain marketplace turns voluntary carbon investor with accelerator launch
Migrating species crucial to planet under threat
From turtles to fruit bats, migratory species increasingly under threat, says UN
Migrating animals are at risk from pollution, the spread of invasive species and the climate crisis, first report of its kind reveals
More than a fifth of migratory species under international protection are threatened with extinction, including nearly all nomadic fish, according to the first UN expert assessment.
From humpback whales to Dalmatian pelicans, each year, billions of animals journey with the seasons over oceans, on land and in the skies. But a new report by the Convention on the Conservation of Migratory Species of Wild Animals (CMS) has found that many migratory species are at risk of disappearing, threatened by human pollution, the spread of invasive species and the climate crisis.
Continue reading...Giant four-hour battery lands “biggest”debt financing for an Australia big battery
The post Giant four-hour battery lands “biggest”debt financing for an Australia big battery appeared first on RenewEconomy.