Breaking Waves: Ocean News

Experts say brutal March heat has left critical snowpack at record-low levels – and key basins in uncharted territory Snow surveys taking place across the American west this week are offering a grim prognosis, after a historically warm winter and searing March temperatures left the critical snowpack at record-low levels across the region. Experts warned that even as the heat begins to subside, the stunning pace of melt-off over the past month has left key basins in uncharted territory for the dry seasons ahead. Though there’s still potential for more snow in the forecast, experts said it will likely be too little too late. Continue reading...

The Iran war will hit food prices, fuel costs and interest rates. But with a few smart moves, we could could turn this crisis to our advantage Energy shocks don’t just raise our energy bills – they can be turning points in how our economy runs. The UK responded to the energy crises of the 1970s by reshaping its energy system and doubling down on extracting its own fossil fuels from the North Sea. Investment poured in and the UK became a net energy exporter. When energy security is on the line, serious countries act at scale. Today, as the war in Iran continues, scraping the North Sea barrel for the last of its planet-heating fuel is no longer a solution. If the UK is to weather the shocks to come, we need to build a clean energy system for the next generation. A supply deficit of 10m oil barrels a day and a fifth of global liquefied natural gas (LNG) trade is already having significant effects around the world. The UK is painfully exposed to international gas prices. The public expect inflation to soar, the market is forecasting a rise in interest rates over the next year, and costs on some government borrowing have risen to levels not seen since the 2008 financial crisis. This is what a fossil-fuel shock looks like for an import-dependent country, and it will not stop at energy. UK food inflation is already high, reaching 3.3% in February, and we are likely to see much higher food prices in as little as three months. Chaitanya Kumar is head of economic and environmental policy at the New Economics Foundation Continue reading...

Government keen to avoid panic as oil price surges, but perhaps households need advice on reducing consumption Labour ministers asked in recent days about the looming energy crisis sparked by the Iran war, including Keir Starmer himself, have essentially stuck to that reassuring wartime slogan: keep calm and carry on. “I think people should go about their lives as normal, knowing that the government is taking action to bring energy bills down,” James Murray, the chief secretary to the Treasury, told BBC Radio 4’s Today programme on Tuesday. Continue reading...

Thanks to a sustained ideological assault on regulation, our country has been turned into a literal dump This country’s a dump. I don’t mean that metaphorically. I mean it literally. From the point of view of criminal waste gangs, it is one big potential landfill. The chances of being caught range between minimal and nonexistent, and the penalties are mostly laughable. Successive governments have given criminals a licence to print money. Last week, the Commons public accounts committee reported that illegal waste dumping is “out of control”. The UK is now blighted with between 8,000 and 13,000 illegal waste sites. Most consist of a few lorry loads. Some contain tens of thousands of tonnes of waste, which might incorporate everything from household products to asbestos, heavy metals and highly toxic, flammable and explosive organic chemicals. The rubbish blows through local neighbourhoods, flows into rivers and seeps into soil and groundwater. And, in most cases, nothing is done. George Monbiot is a Guardian columnist Continue reading...