Breaking Waves: Ocean News

10/03/2022 - 04:49
Oxfam research suggests up to 40% of bank’s reported climate-related spending cannot be accounted for The World Bank has come under fire for failing to show that its claimed spending on the climate crisis is real, in a report suggesting up to 40% of its reported climate-related spending is impossible to account for. Of $17.2bn that the World Bank reported it spent on climate finance in 2020, up to $7bn cannot be independently verified, according to research by Oxfam. Continue reading...
10/03/2022 - 02:15
Thames, Southern and nine other firms penalised after missing targets on pollution Thames Water, Southern Water and other companies will be forced to cut tens of millions of pounds from consumers’ bills after the regulator said they had missed pollution targets. Eleven water companies will have to return about £150m to customers in the form of lower bills in the 2023-24 financial year, the water regulator for England and Wales, Ofwat, announced on Monday. Continue reading...
10/03/2022 - 02:00
Poultry farmers from Arctic to Portugal reported 2,500 outbreaks in past year, with migrating birds taking avian flu to North America The UK and continental Europe have been hit by an “unprecedented” number of cases of avian flu this summer, with 47.5m birds having been culled since last autumn, according to new figures. Poultry producers from as far north as Norway’s Svalbard islands to southern Portugal have together reported almost 2,500 outbreaks of the disease since last year. Continue reading...
10/03/2022 - 01:00
Climate Change Committee chair says measures needed to cut energy bills will also help reach net zero Tackling the cost of living crisis requires insulating British homes as a matter of urgency and deploying renewable energy generation faster, the chair of the Climate Change Committee (CCC) has said. Lord Deben, a Conservative former environment secretary, said the measures needed to bring down energy bills were the same as those needed to reach net zero greenhouse gas emissions. Continue reading...
10/02/2022 - 20:00
On this episode, hosts Peter Ravella and Tyler Buckingham speak with Kevin Augustyn about the changing dynamics of commercial property risk evaluation in a time of sea level rise and climate change. Kevin is the Senior Vice President of Credit Ratings at DBRS Morningstar and recently a co-authored a new report, As Seas Rise, Coastal Commercial Properties Will Need to Batten Down the Hatches, seeking to broadly summarize the growing risks assumed by commercial properties in the coastal zone.  DBRS Morningstar is a credit rating agency and investment research firm headquartered in Chicago, Illinois. In his role at DBRS Morningstar, Mr. Augustyn covers several esoteric finance instruments and leads Morningstar’s effort to provide credit ratings for CPACE (Commercial Property Assessed Clean Energy) loans on a national basis. He also serves on the firm’s ESG methodology subcommittee.
10/02/2022 - 16:30
Economic analysis suggests any proposal to allow fracking in Queensland basin would not be commercially viable Follow our Australia news live blog for the latest updates Get our free news app, morning email briefing or daily news podcast The expansion of fracking in the Lake Eyre basin would be the “absolute height of folly” and its ​​high cost, high emissions unconventional gas could rapidly create stranded assets, a report has found. The basin – home to one of the world’s last major free-flowing desert river systems – sprawls over nearly one sixth of the Australian continent, covering parts of the Northern Territory, South Australia, New South Wales and Queensland. Sign up to receive an email with the top stories from Guardian Australia every morning Continue reading...
10/02/2022 - 12:04
Loss-making venture led by Amit Gudka eyes continent as countries move towards using renewable power The co-founder of collapsed energy supplier Bulb is planning to expand his loss-making battery storage venture into Europe as the energy crisis escalates. Amit Gudka hopes to develop Field Energy, the business he set up after leaving Bulb in February 2021, on the continent as countries attempt to switch toward renewable power. Continue reading...
10/02/2022 - 07:02
Wildlife charities accused of trying to ‘upset people’ by urging members to condemn environment policies Tory MPs have criticised the Royal Society for the Protection of Birds (RSPB), accusing it of using claims of a government attack on nature as a “marketing strategy”. The bird charity, one of the UK’s oldest and most respected conservation organisations, has joined the country’s other largest environment NGOs, including the Wildlife Trusts and National Trust, to condemn mooted plans to create investment zones – which would weaken environment protections – and to get rid of the post-Brexit nature-friendly farming subsidy. Continue reading...
10/02/2022 - 05:00
Farmers are increasingly being forced to sell off parts of herds and seeing cows perish as drought conditions worsen Read the other stories in our megadrought series In April, Carla Gomez found herself seeking shelter in the city of Las Vegas, New Mexico, not just for her but also for 75 of her sheep. When flames had started creeping down the Sangre de Cristo Mountain range towards Los Vallecitos, her beef and lamb ranch in Mora county, she knew she had to flee. The fire was part of what would become the largest wildfire in the state’s history, and her farm was directly in its path. Continue reading...
10/02/2022 - 04:00
Burgundy insect farm ramps up production to offer a meat-free future In a box-like building on an out-of-town industrial estate in Burgundy, trays of Alphitobius diaperinus – otherwise known as the lesser mealworm – are being fattened up by robots then cooked, dried and turned into protein-rich powder and oil. This is the headquarters of Ÿnsect a French company that is building the world’s largest insect farm, to open at the end of the year in preparation for what the French company believes will be a large increase in demand for a healthy alternative to meat. Continue reading...