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Banks have given almost $7tn to fossil fuel firms since Paris deal, report reveals

The Guardian - Mon, 2024-05-13 14:00

Among world’s top 60 banks those in US are biggest fossil fuel financiers, while Barclays leads way in Europe

The world’s big banks have handed nearly $7tn (£5.6tn) in funding to the fossil fuel industry since the Paris agreement to limit carbon emissions, according to research.

In 2016, after talks in Paris, 196 countries signed an agreement to limit global heating as a result of carbon emissions to at most 2C above preindustrial levels, with an ideal limit of 1.5C to prevent the worst impacts of a drastically changed climate.

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Islamic finance group, Saudi firm sign Maldives blue carbon partnership

Carbon Pulse - Mon, 2024-05-13 13:24
An Islamic finance group has teamed up with a Saudi Arabian carbon specialist firm to explore the potential for reducing emissions and earn carbon credits from the vast seagrass meadows and mangrove forests in the Maldives.
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How a long-lost fish species was brought back to Bendigo

The Conversation - Mon, 2024-05-13 13:05
Reintroducing locally extinct species is a challenging affair, but with the right partnerships everyone can help make it happen. Sean Buckley, Lecturer in Molecular Ecology and Environmental Management, Edith Cowan University Luciano Beheregaray, Matthew Flinders Professor of Biodiversity Genomics, Flinders University Licensed as Creative Commons – attribution, no derivatives.
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27 new wild swimming sites for England - but are they clean?

BBC - Mon, 2024-05-13 11:04
Twenty-seven new sites have been designated for summer pollution monitoring.
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Land grabs for carbon offsetting projects, mostly in Africa, Latin America, threaten global food production -study

Carbon Pulse - Mon, 2024-05-13 08:01
Global food production is under threat from the spread of carbon projects that interfere with the livelihoods of small-scale farmers and indigenous peoples worldwide, particularly in sub-Sahara Africa and Latin America, research released Monday has found.
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More desalination is coming to Australia’s driest states – but super-salty outflows could trash ecosystems and fisheries

The Conversation - Mon, 2024-05-13 06:16
States are once again turning to desalination to secure freshwater supplies. The problem is, they’re often choosing the wrong spot for ecosystems and fisheries Jochen Kaempf, Associate Professor of Natural Sciences (Oceanography), Flinders University Licensed as Creative Commons – attribution, no derivatives.
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Is the Coalition planning to overtake Labor and tax rich inner-city EV drivers? | Paul Karp

The Guardian - Mon, 2024-05-13 01:00

The commonwealth had state electrical vehicle taxes struck down in court. Now reform is stuck in the slow lane

Tax reform is hard. It creates winners and losers.

But there are some taxes that seek to correct unfairness and share the load more evenly.

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Hope for rare mountain chicken frog thanks to London-born froglets

BBC - Sun, 2024-05-12 10:26
Frantic efforts are being made to save the endangered mountain chicken frog, native to just two Caribbean islands.
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The man who took on the coal industry to save a forest - and won

BBC - Sun, 2024-05-12 09:24
Alok Shukla has spent years fighting to protect a key Indian forest from mining companies.
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Eco-brutalism: when angular concrete meets the wonder of nature – in pictures

The Guardian - Sun, 2024-05-12 02:00

On her @brutalistplants Instagram page, Olivia Broome collects photographs that combine the angular shapes of raw concrete with the greenery of the natural world. “I really enjoy the aesthetic of eco-brutalism and tropical modernism,” she says. “I love mezzanines and ziggurats, and when you pair them with plants it softens them up. Brutalism can be this quite harsh, austere architecture style, but with nature involved, it balances it all out.” Now collected in a book, the images bring together buildings from across the globe, from Hong Kong to Sri Lanka, London to Mexico. “It’s a pleasant movement that people can get behind, especially in smaller spaces and modern cities – it’s nice to fill them with plants and nature.”

Brutalist Plants (Hoxton Mini Press, £20) will be published on Thursday

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CF TURKIYE: Steep forward curve for Turkish ETS as permit prices seen tracking EUAs by mid-2030s

Carbon Pulse - Sat, 2024-05-11 22:34
Allowances prices in Turkiye’s ETS are expected to eventually mirror those for EUAs in the EU carbon market, meaning they could climb to as high as €150/tonne by the mid-2030s, experts said this week.
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Ministers consider making UK’s carbon targets easier to meet

The Guardian - Sat, 2024-05-11 16:00

Fears Climate Change Committee’s advice not to allow carryover from last carbon budget will be ignored

Ministers are considering plans to weaken the UK’s carbon-cutting plans by allowing the unused portion of the last carbon budget to be carried over to the next period.

This would go against the strong recommendation of the government’s statutory climate advisers, the Climate Change Committee.

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Brutal heatwaves and submerged cities: what a 3C world would look like

The Guardian - Sat, 2024-05-11 14:00

Climate scientists have told the Guardian they expect catastrophic levels of global heating. Here’s what that would mean for the planet

Global heating is likely to soar past internationally agreed limits, according to a Guardian survey of hundreds of leading climate experts, bringing catastrophic heatwaves, floods and storms.

Only 6% of the respondents thought the 1.5C limit could be achieved, and this would require extraordinarily fast, radical action to halt and reverse the world’s rising emissions from fossil fuel burning.

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