Breaking Waves: Ocean News

05/22/2023 - 06:08
Exclusive: Fossil fuel companies register drop in value after litigation or unfavourable judgments Climate litigation poses a financial risk to fossil fuel companies because it lowers the share price of big polluters, research has found. A study to be published on Tuesday by LSE’s Grantham Research Institute examines how the stock market reacts to news that a fresh climate lawsuit has been filed or a corporation has lost its case. Continue reading...
05/22/2023 - 00:00
Asset managers told they have key role to play on climate crisis in open letter before Shell’s annual meeting A coalition of university investment funds has called on institutional investors to rebel against the boards of fossil fuel companies and their backers. As Shell prepares for its annual shareholder meeting this week, representatives from the Universities of Newcastle, Sussex, Bristol and from Trinity College, Cambridge, have written an open letter to the asset management industry urging “bold action” to stop new fossil fuel projects. Continue reading...
05/22/2023 - 00:00
When scientists discovered tunnels on the bed of the Bering Sea, they were baffled. Now they think they have found the culprit During an expedition in the cold waters of the Bering Sea, between Russia and Alaska, last summer, a team of scientists spotted neat lines of holes poked into the seafloor. But they did not know who – or what – had created them. Scientists on the German research vessel Sonne set about hunting for clues. They sifted through several hundred images captured by a camera towed above the seafloor. Continue reading...
05/21/2023 - 22:53
Up to 50,000 whales expected to pass Australia’s east coast during annual migration from Antartica to Great Barrier Reef Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails, free app or daily news podcast Carrie Davis describes seeing her first adult humpback whale of the season launching out of the water off the coast of Sydney last week as magical. “It’s just this feeling of awe to see this fat whale of that size get all that body out of the water,” said Davis of Go Whale Watching in Sydney. “No matter how many times you see it, it always takes your breath away.” Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
05/21/2023 - 21:53
David Speirs said protest was ‘a good thing’, but ‘there are some countries where your head would be cut off for doing that sort of protest’ Follow our Australia news live blog for the latest updates Get our morning and afternoon news emails, free app or daily news podcast Human Rights Watch and the Greens have criticised comments from South Australia’s opposition leader that protesters would face beheading in other countries. The state last week rushed through new anti-protest laws the day after a rally outside the Australian Petroleum Production & Exploration Association conference in Adelaide briefly blocked traffic. Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading...
05/21/2023 - 20:00
In the latest episode of the American Shoreline Podcast, co-hosts Peter Ravella and Tyler Buckingham are joined by two hot shot guests: Caitlin Manley, a Knauss Marine Policy Fellow at the Branch of Coastal and Marine Resources at the U.S. Fish and Wildlife Service, and Jessica Eason, the Congressional Affairs Knauss Fellow at the Office of Legislative and Intergovernmental Affairs, National Oceanic and Atmospheric Administration. Caitlin shares her educational background and experiences as a Knauss Fellow, discussing her work at the USFWS and highlighting exciting projects. Meanwhile, Jessica sheds light on her journey as a Congressional Affairs Knauss Fellow. Together, they provide valuable insights into the Knauss Fellowship program and offer advice for aspiring fellows. The episode also explores recommended resources for those interested in marine policy and the Knauss Fellowship.
05/21/2023 - 12:30
Ministers were warned about the risks of private equity entering the sector but did nothing. Now we’re paying the price The revelation should anger all who care about England’s rivers and beaches. Two decades ago, ministers were warned about private equity firms buying up water companies. In a briefing prepared for Britain’s competition regulator prior to the takeover of Southern Water, researchers raised the alarm that private equity-owned water companies would become “impossible” to regulate. Despite the 20-year transparency rule, the Competition and Markets Authority (CMA) has not released the briefing. Its existence was uncovered by this newspaper. Though its full contents remain secret, its implications are clear: ministers were alerted to the devastating impact that this industry could have on England’s water supply, but they chose not to act. Since then, a tide of effluent has polluted England’s rivers. Following the privatisation of water companies in 1989, owners have enriched themselves while neglecting infrastructure and dumping vast quantities of untreated sewage. As investors have loaded water companies with debt, they have continued to pay dividends to their shareholders, which totalled £1.4bn last year. The public, meanwhile, have shouldered the costs. Water bills have risen. Last week, the industry apologised for these sewage spills and pledged to invest £10bn in infrastructure – to be paid for by increases in customer bills. Ruth Kelly, the former Labour cabinet minister who is head of the industry’s trade body, Water UK, said more should have been done to address the spillages. She was silent on the subject of dividend payments. Continue reading...
05/21/2023 - 09:11
Members of Ultima Generazione fossil fuel group climbed in and poured diluted charcoal into water Seven activists protesting against climate change climbed into the Trevi fountain in Rome and poured diluted charcoal into the water to turn it black. The protesters from the Ultima Generazione (Last Generation) group held up banners saying “We won’t pay for fossil [fuels]” and shouted “Our country is dying.” Continue reading...
05/21/2023 - 09:11
This week the multi-part RESCUE series continues with an examination of familiar products derived from the ocean that we use to support our ways of life, our well-being and our health: from vitamins and supplements to pain and cancer treatments. And we discuss the future of exploration and exploitation of resources as the bio-prospecting rush heats up. How are we regulating extraction from the ocean and seafloor? Who owns the proprietary rights to marine resources, and what criteria are applied to protect biodiversity, ocean ecosystems and future resource potential to revolutionize medicine and treat disease?
05/21/2023 - 05:00
Residents feel trapped and choked by dust, while experts warn environmental damage is ‘solving one problem by creating others’ Deep in the Mojave desert, about halfway between Los Angeles and Phoenix, a sparkling blue sea shimmers on the horizon. Visible from the I-10 highway, amid the parched plains and sun-baked mountains, it is an improbable sight: a deep blue slick stretching for miles across the Chuckwalla Valley, forming an endless glistening mirror.But something’s not quite right. Closer up, the water’s edge appears blocky and pixelated, with the look of a low-res computer rendering, while its surface is sculpted in orderly geometric ridges, like frozen waves.“We had a guy pull in the other day towing a big boat,” says Don Sneddon, a local resident. “He asked us how to get to the launch ramp to the lake. I don’t think he realised he was looking at a lake of solar panels.” Over the last few years, this swathe of desert has been steadily carpeted with one of the world’s largest concentrations of solar power plants, forming a sprawling photovoltaic sea. On the ground, the scale is almost incomprehensible. The Riverside East Solar Energy Zone – the ground zero of California’s solar energy boom – stretches for 150,000 acres, making it 10 times the size of Manhattan. Continue reading...