Around The Web

Calls for G7 spending restraint misguided, warns Lord Stern

The Guardian - 4 hours 2 min ago

‘Premature austerity will threaten growth’ as world recovers from Covid-19, says climate economist

Wealthy nations must ignore calls to rein in public spending as the economic recovery from the Covid-19 pandemic gathers pace, or risk a fresh crisis, the climate economist Nicholas Stern has warned.

Leaders of the G7 industrialised countries are meeting in Cornwall this weekend, to discuss vaccines, the recovery from the pandemic, and the climate crisis.

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‘We’re causing our own misery’: oceanographer Sylvia Earle on the need for sea conservation

The Guardian - 5 hours 2 min ago

‘Queen of the Deep’ says it is not too late to reverse human-made damage to oceans and preserve biodiversity

The world has the opportunity in the next 10 years to restore our oceans to health after decades of steep decline – but to achieve that, people must wake up to the problem, join in efforts to protect marine areas and stop eating tuna, according to the oceanographer and deep sea explorer Sylvia Earle.

“We are at the most exciting time maybe ever to be a human, because we’re armed with knowledge,” said Earle, also known as the Queen of the Deep and “her Deepness”. Earle has also set numerous records for deep sea diving, and was the first woman to serve as chief scientist of the US National Oceanic and Atmospheric Administration.

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BBC Springwatch: Chris Packham hails maker of 27,000 swift boxes

BBC - 5 hours 14 min ago
Retired 79-year-old John Stimpson started making the boxes as a hobby and now does it full-time.
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CP Daily: Friday June 11, 2021

Carbon Pulse - 15 hours 3 min ago
A daily summary of our news plus bite-sized updates from around the world.
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WCI speculative length hits new highs as compliance sinks further into the red

Carbon Pulse - 15 hours 8 min ago
Speculators’ California Carbon Allowance (CCA) positions sailed higher this week, with financial firms taking additional length on future vintage allowances, according to US Commodity Futures Trading Commission (CFTC) data published Friday.
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NA Markets: California carbon eclipses all-time high on heels of more speculative buying

Carbon Pulse - 16 hours 28 min ago
California Carbon Allowance (CCA) prices soared to a new all-time high on Friday morning, with traders attributing the gains to additional speculative demand coupled with few sellers on the secondary market.
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Two more California offset projects chart LCFS pathways

Carbon Pulse - 16 hours 29 min ago
A pair of Missouri-based dairy digesters previously registered under California’s compliance offset programme applied for fuel pathways under the Low Carbon Fuel Standard (LCFS), with only one having previously generated compliance-grade credits, according to documents published Thursday.
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EU ministers leave door open for hydrogen blending in cross-border energy projects

Carbon Pulse - 18 hours 7 min ago
EU energy ministers on Friday agreed their common position on the EU’s cross-border energy infrastructure regulation, leaving the door open to blending hydrogen with natural gas in a transitional phase despite opposition from several member states.
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PREVIEW: Switzerland’s climate strategy faces knife-edge public vote

Carbon Pulse - 19 hours 42 min ago
Switzerland’s updated climate plan is being put to a referendum on Sunday, with experts deeming the vote too close to call despite wide political support for proposals including less reliance on foreign offsets and innovative flight taxes.
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US Carbon Pricing and LCFS Roundup for week ending June 11, 2021

Carbon Pulse - 20 hours 3 min ago
A summary of legislative and regulatory action on carbon pricing, clean fuel standards, and clean energy at the US subnational and federal level this week, including developments in Colorado, the New England Independent System Operator, and North Carolina.
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Euro Markets: EUAs, UKAs slip as rallies peter out on supply concerns

Carbon Pulse - 21 hours 27 min ago
EUAs fell by more than €1 and UKAs shed £1 on Friday to give back some of the week's strong gains, as supply concerns mounted and confidence faded that prices might see a near-term return to their recent all-time highs.
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UK space race investment 'is heating up'

BBC - 21 hours 47 min ago
The space industry is one of the UK's fastest growing sectors, worth £14.8bn a year.
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RFS Market: RIN prices crash on report of possible refiner compliance relief

Carbon Pulse - Fri, 2021-06-11 23:47
US biofuel credits (RINs) careened as much as 15% on Friday morning after a news outlet reported that President Joe Biden’s administration is considering relief for Renewable Fuel Standard (RFS) obligated parties to alleviate continued record prices under the programme.
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Pikachus, politicians and pollution art: how activists are protesting at the G7 summit – video

The Guardian - Fri, 2021-06-11 23:44

As world leaders flocked to the G7 summit at Carbis Bay in Cornwall to discuss the Covid pandemic recovery and the climate emergency, activists have also taken the chance to demonstrate to the leaders of seven of the wealthiest global democracies.

From a swarm of 300 drones creating 3D images of endangered species to protesters running around in Pikachu costumes, demonstrators have got creative to get the attention of politicians and the press. Here are some of the most impressive stunts

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Shenzhen eyes absolute cap, auctions in ETS overhaul

Carbon Pulse - Fri, 2021-06-11 22:39
An absolute cap on ETS emissions and allowance auctions that would generate revenue for a new fund are among proposals released by Shenzhen’s government as the city seeks to overhaul its carbon market to align it with China’s national climate ambitions.
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Ever Given remains grounded in Egypt as compensation battle rages

The Guardian - Fri, 2021-06-11 21:55

Ship cannot sail out of Egyptian waters as authorities detain crew and cargo until owners pay for blockages

Lemons, bamboo shoots and tofu sit in the sweltering heat, alongside goods from Lenovo, Ikea, Dixons Carphone and dozens of other brands – including barbecues, sun loungers, swimwear, lawnmowers and camping equipment – and will arrive at their intended destinations long after summer ends.

Since the successful operation to dislodge the 220,000-ton Ever Given from the Suez canal, where it was stuck for six days, the cargo ship has been grounded again – this time by a fierce legal battle between the ship’s owners, insurance companies, and the Suez Canal Authority (SCA).

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Program Manager (Verification and Training), Aboriginal Carbon Foundation – Cairns

Carbon Pulse - Fri, 2021-06-11 21:46
The AbCF is seeking a multi-skilled Indigenous person to be based in Cairns with a proactive personality, who rolls up their sleeves and gets stuck into complex projects that often involve juggling multiple deliverables and working with many different stakeholders that require strategic ways of working and communicating.
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Plastic from take-out food is polluting the oceans - study

BBC - Fri, 2021-06-11 20:58
Single-use plastic from take-out food is a big source of pollution in oceans and rivers, scientists say.
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Sri Lanka’s worst ever maritime disaster reveals the true cost of our identity crisis | Sandali Handagama

The Guardian - Fri, 2021-06-11 19:00

We must find a way to embrace shipping, the ocean and our place in the world without shackling ourselves to unpayable foreign debt

Growing up in Sri Lanka in the 1990s, it was drilled into me from an early age that my island was destined to be a maritime hub. At school, I was taught that Sri Lanka was once the heart of the maritime Silk Road, a network of trade routes that connected the east and west from 130BC to the mid-1400s.

My textbooks were filled with tales about how Sri Lanka’s strategic positioning and rich natural resources were so prized that it was consecutively colonised by the Portuguese, Dutch and British empires for almost four centuries.

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Shark attack: boy flown to hospital after being bitten while snorkelling near Coral Bay in WA

The Guardian - Fri, 2021-06-11 16:31

The 10-year-old was snorkelling at Five Finger Reef near Coral Bay when a two-metre bronze whaler bit him on the foot

A young boy has been flown to hospital after a shark bit him on the foot while he was snorkelling near Coral Bay in Western Australia.

The 10-year-old was attacked by a two-metre bronze whaler at Five Finger Reef, south of the remote town, about 11am on Friday, the state’s Department of Primary Industries and Regional Development said.

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