Breaking Waves: Ocean News

06/29/2020 - 16:30
Report to outline aim to reduce emissions to 88% of 2010 levels Huge sums for public transport and proposals for green vehicles House Democrats will unveil an aggressive climate crisis “action plan” on Tuesday to nearly eliminate US emissions by 2050, according to summary documents reviewed by the Guardian. The net-zero emissions goal is what United Nations leaders and the scientific community say the world must achieve to avoid the worst of rising temperatures, and it’s what the Democratic presidential nominee, Joe Biden, says he would pursue if he were to win the White House in November. Continue reading...
06/29/2020 - 13:58
Thousands of jobs lost as economy shifts to renewable energy ‘Our workforce has the skills needed to transform the economy’ Coalmining communities have called for immediate action to stem the economic devastation wrought by the decline of coal, rising job losses and the coronavirus pandemic. More than 84 organizations, including the Just Transition Fund, Appalachian Voices, Center for Coalfield Justice, Native Renewables and Kentuckians for the Commonwealth, released a National Economic Transition platform on Monday in an effort to help coal communities adapt to climate change. Continue reading...
06/29/2020 - 13:24
Analysts predict more struggling shale energy firms could fold or be bought up by rivals The bankruptcy of Chesapeake, the pioneer of using fracking to mine shale gas and oil, could mark a new, straitened era for the oil industry, according to analysts. The Oklahoma City-based company said on Sunday that it had been forced to enter chapter 11 protection to reduce the size of its debt pile from $9bn (£7.3bn) to $2bn. A grace period for paying bondholders had been due to expire on Tuesday. Continue reading...
06/29/2020 - 12:39
Nigel Wilson criticises ‘confusion’ created by prioritising HS2 and Heathrow expansion The head of the UK’s largest fund manager has criticised the UK government for creating “confusion” around the country’s climate commitments by prioritising projects such as expanding Heathrow airport and pushing ahead with HS2. Nigel Wilson said government priorities were “not necessarily consistent” with climate crisis objectives and sending mixed messages to investors and the financial services industry. Continue reading...
06/29/2020 - 08:38
French president announces measures following ‘green wave’ in local elections Emmanuel Macron has promised an extra €15bn (£13.7bn) for measures to combat the climate crisis over the next two years and a referendum on whether to introduce the crime of “ecocide” for harming the environment. The measures were announced just hours after environmental candidates sparked a green wave across France with major gains in local elections in which the president’s governing party failed to make its mark. Continue reading...
06/29/2020 - 05:44
Sir Jim Ratcliffe’s firm will initially pay $400m deposit for plastics and chemicals units BP has sold its petrochemicals business for $5bn (£4.1bn) to Sir Jim Ratcliffe’s Ineos, in a deal that will boost the oil company’s under-pressure balance sheet. Ineos will pay BP a deposit of $400m, followed by $3.6bn when the deal completes and then another $1bn in three instalments by June 2021. Continue reading...
06/29/2020 - 05:00
Unsafe boating activity, delays to environmental projects and changes in public policy are putting the gentle giants at risk The apparent environmental upside of Covid-19, such as lower pollution and emissions, isn’t all it’s cracked up to be. Just ask manatee conservationists in Florida. Keeping this threatened species safe has increasingly been an uphill battle – especially since manatees were controversially downgraded from “endangered” in 2017. But conservationists are facing unexpected challenges in the face of coronavirus. So far, the pandemic has led to more unsafe boating activity, delays to environmental project launches and even changes in public policy – none of which favor these gentle giants. Continue reading...
06/29/2020 - 00:01
Influential committees call for bold investments to recover and grow in ‘cleaner and greener way’ MPs have joined growing calls from business leaders and environmentalists for the government to use its post-coronavirus economic recovery plan to accelerate investments aimed at tackling the climate crisis. The chairs of two influential cross-party select committees have warned the chancellor, Rishi Sunak, that time is running out to “avert an even greater future global crisis caused by climate change”. Continue reading...
06/29/2020 - 00:00
Evidence from NGOs suggests fleet of up to 192 Iranian vessels could be one of the largest illegal fishing operations in the world A large fleet of Iranian fishing vessels has been identified operating illegally in Somalian waters for over a year, depleting fish stocks in a country where one in three people face acute shortages of food. The Somali government, which is unable to police its vast coastline, has expressed concern over food and maritime security and has called on Iran to investigate. Continue reading...
06/28/2020 - 20:16
Norilsk Nickel suspends workers at metals plant who dumped the water in ‘flagrant violation of operating rules’ A Russian mining giant said on Sunday it had suspended workers at a metals plant who were responsible for pumping wastewater into nearby Arctic tundra. Independent newspaper Novaya Gazeta published videos from the scene showing large metal pipes carrying wastewater from the reservoir and dumping foaming liquid among nearby trees. Continue reading...