Degraded ecosystems - Australia's biodiversity report card leaves out fossil fuel support

"An international agreement, the Global Biodiversity Framework, called for governments to identify and stop financially supporting industries that harm the environment.But in its first report on its progress towards stopping biodiversity decline, Australia neglected to provide any estimate of its financial support to the fossil fuels industry."

"Australia's first progress report, submitted earlier this month, noted there was $242 million of financial support to the agriculture and fishing sectors that could harm the environment."

"Independent studies have suggested one to three species of invertebrates have gone extinct every week in Australia since European colonisation. "
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https://www.abc.net.au/news/science/2026-03-16/australia-biodiversity-report-card-ignores-fossil-fuel-support/106432678
#biodiversity #FossilFuels #Fossilfuelsubsidies #fishing #agriculture #harm #GBF #extinction #environment #EuropeanColonisation

A habitable climate?

Australian governments subsidising fossil fuel use by more than $30,000 a minute, analysis finds

"Australian federal and state government subsidies that encourage fossil fuel use and help drive the climate crisis will reach $16.3bn this year after leaping by nearly 10%, according to a new analysis."

"It found federal and state governments will pay or forgo the equivalent of $31,020 each minute in 2025-26 to subsidise companies producing and using coal, gas and especially oil, mostly in the form of diesel." >>
https://www.theguardian.com/environment/2026/mar/11/australian-governments-subsidising-fossil-fuel-use-by-more-than-30000-a-minute-analysis-finds

How much have our summers changed over three generations?

“What we’re seeing now is the rate in which the climate is changing is faster than any part of our Earth system can keep up with — our plants, our animals, our infrastructure, us." >>
https://www.abc.net.au/news/2026-03-12/australias-summers-are-getting-longer-with-more-extreme-heat/106419414
#FossilFuels #climate #FossilFuelSubsidies #oilandGas #ClimateCrisis #mining #extractivism #HotPlanet #heatwaves #habitability #HabitableClimate

Businesses Can Either Lead Transformative Change or Risk Extinction

Businesses Can Either Lead Transformative Change or Risk Extinction All Businesses Depend on and Impact Nature

"Business-as-usual Incentives are Driving Nature’s Decline
The loss of biodiversity is among the most serious threats to business
100+ Concrete Actions for Governments, Financial Actors & Civil Society"

"Every business depends on biodiversity, and every business impacts biodiversity. The growth of the global economy has been at the cost of immense biodiversity loss, which now poses a critical and pervasive systemic risk to the economy, financial stability and human wellbeing. This is a central finding of a landmark new report published today by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES)."

“Yet the twisted reality is that it often seems more profitable to businesses to degrade biodiversity than to protect it. Business as usual may once have seemed profitable in the short term, but impacts across multiple businesses can have cumulative effects, aggregating to global impacts, which can cross ecological tipping points. The Report shows that business as usual is not inevitable – with the right policies, as well as financial and cultural shifts, what is good for nature is also what is best for profitability. To get there, the Report offers tools for choosing more effective measurements and analysis.”

"The Report provides more than 100 specific examples of concrete actions that can be taken, across each of these five components, by businesses, governments, financial actors and civil society."
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https://www.ipbes.net/node/97532
#Biodiversity #life #habitability #Nature #degradation #loss #extractivism #IPBES #report #greenwashing #loggingImpacts #LobbyActivities #FossilFuelSubsidies #climate #BAU #risks #transformation

Glen Connley highlights the Libs lack of any policies to reduce govt spending. You know, they’ve been harping on about it in QT all week, it appears the govt is spending too much and that is responsible for the recent inflation figures. Connley also has a few suggestions of his own…

“If we’re talking about vehicles, how about closing the loopholes which enable people who buy big dumb utes to avoid paying luxury car tax?”

And

“Here’s another. How about taxpayers stop paying for the diesel used by multi-national mining companies? As we often point out, many of these companies pay very little tax or royalties already.”

It may all be tongue in cheek, but I really like both ideas.

(Source: https://live.thepoint.com.au/ )

#Libs #AusPol #FossilFuelSubsidies #CostOfLiving

RE: https://mstdn.ca/@asiny/115928179424817767

#BigOil captured #MarkCarney 's Cons and #Canada is paying the price.

#cdnpoli #climateCriminals #fossilfuelsubsidies

Rugged individualism and climate change preparedness

" The US president has presided over a dangerous erosion in US capacity to prepare for and respond to natural disasters."

“Each year above 1.5 degrees will hammer economies, deepen inequalities and inflict irreversible damage,” UN secretary general António Guterres "
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https://www.theguardian.com/us-news/2026/jan/04/donald-trump-disaster-response-preparedness

Rugged individualism >>
https://en.wikipedia.org/wiki/Rugged_individualism
#Climate #ClimateDisruption #FossilFuels #preparedness #regulation #SocietalResponses #CollectiveSupport #SelfReliance #IndividualActions #SettlerSociety #RuggedIndividualism #individualism #sprawl #liberalism #inequallity #disasters #FossilfuelSubsidies

More Oligarchs Who Get Our Tax Dollars