StockLogistics
3 years ago
Carbon offsets for Bitcoin mining opportunity:
“As pressure builds on the Australian Government to do more to tackle climate change, a growing number of businesses are taking the initiative, volunteering to curb their carbon footprint and offset their emissions.
Key points:
Demand for Australian carbon offset providers is growing
A 200km 'tree highway' will spread across the northern Wheatbelt
Pressure is growing for more action on climate change at the federal level
They say it's not just to save the planet.
It's about protecting their viability in an increasingly climate-conscious international market.
Georgiana Rogers works for Carbon Neutral, a Perth-based carbon services provider, which is enjoying something of a purple patch.
Its client base has grown by 230 businesses and organisations, up 40 per cent, over the past year.
On behalf of its clients, the company has planted 30 million native trees and shrubs at a massive reforestation project in Western Australia's Wheatbelt, since 2008.
"Businesses are really picking this up.
''They're not waiting for the federal government in Australia – they are understanding and seeing the writing on the wall."”
https://www.abc.net.au/news/2021-04-04/australian-businesses-take-lead-on-climate-change/100039746
StockLogistics
3 years ago
“ SCIENCE Thu 4 Jul 2019
Climate change could be paused by planting trees, researchers say, as they map out available land
Planting trees to reduce the amount of carbon dioxide in the atmosphere seems like a no-brainer in the fight
against climate change.
But until recently it's not been clear how much land we'd need to make a tangible difference to warming, and whether we'd need to reclaim farm and residential land to do it.
Key points:
Researchers identified 0.9 billion hectares of land that is available to be reforested
That could buy us a 20 year pause in climate warming
Coastal ecosystems are capable of storing carbon up to 40 times faster than forests and should also be considered, expert says
Now new research published today in Science estimates there's enough suitable unused land on the globe for reforestation to store around 205 gigatonnes of carbon.
That's enough to buy us about 20 years in the fight against climate change, according to researcher Jean-Francois Bastin from the Institute of Integrative Biology in Zurich.
"This would definitely help to keep us at that maximum of 1.5 degrees by 2050," Dr Bastin said.
The researchers started by modelling the amount of tree cover the earth could sustain under current environmental conditions, if there were no humans on the planet.
They considered local climate factors like rainfall and temperature in their modelling.
Then they worked backwards, subtracting existing tree cover, urban environments and agricultural land.
They were left with 0.9 billion hectares of degraded land, which could be returned to canopy cover ranging from open savannah to dense forest.
The land they identified had been affected by things like logging, slash-and-burn fire regimes, intensive ongoing burning and clearing for grazing.
Other technological methods for combatting climate change, such as injecting sulphate aerosols into the stratosphere, have been proposed but most carry significant risks or are yet to be proven at scale.
The beauty of reforestation, according to Dr Bastin, is that it's win-win.
"When you think about tree restoration, it's not only about fighting climate change it's also about maintaining ecosystems," he said.
"The forests of the world protect 80 per cent of the biodiversity that exists on land."
Reforestation needs to happen before 'tipping point'
The researchers also modelled the effect that climate change will have on how much of the earth's surface will be able to support trees in future.
Their findings suggest that reforestation needs to happen soon if it is to be effective.
Under current forecasts, they project that global tree canopy cover will shrink by up to 223 million hectares by 2050.
The impacts will be most significant at the tropics, according to Dr Bastin.
"The tropics will be under a lot more climatic stress. There will be more severe droughts," he said.
"Forests are a little bit resilient. But at some point we are afraid that it might shift, hit a tipping point and we are going to lose a lot."
An argument often espoused by climate-change sceptics is that more carbon in the atmosphere will equal more plant growth.
But David Ellsworth, an expert in the response of forests to climate change from the University of Western Sydney, said that wasn't the case.
Instead, tree growth is limited by a range of factors, including water availability and how nutrient-rich the soil is.
"What we know is that phosphorous is very limiting [in places like Australia]," Professor Ellsworth said.
He has conducted experiments where plants are exposed to the levels of CO2 predicted in the future, and observed no significant changes in growth rate.
While today's research points to exciting possibilities, he warned that the amount of CO2 that could be absorbed should be treated with some caution.
He said that by not factoring in soil nutrients or the full range of carbon densities of different vegetation types, there was room for error.
Most potential reforestation land in Australia and five other countries
More than half of the land available for what the researchers call "tree restoration potential" was identified in just six countries.
Australia ranked fourth on the list, behind Russia, the United States and Canada, and was followed by Brazil and China.
Twenty million trees are expected to be planted in Australia by 2020 under a federal government program.
But critics say any reforestation efforts in Australia are being undermined by land clearing.
Deforestation in Australia in recent years has spiked, drawing comparisons with tree-clearing hotspots like the Amazon rainforest in Brazil.
In 2017 around 1,000 football fields were being cleared each day in Queensland, and more than a million hectares were cleared in that state between 2012 and 2016.
The Nature Conservation Council (NCC) claims around one football field of bushland was cleared in New South Wales every 10 minutes, in 2017-18.
"We are in an extinction and climate emergency. We must stop destroying wildlife habitat if we are going to stop more species disappearing," NCC CEO Kate Smolski said in a statement last week.
A million species worldwide are now under threat of extinction, according to a UN-backed report published in May this year.
In Australia, 121 species are listed as critically endangered by the IUCN, with 41 species having gone extinct.
A further 239 are endangered.
Numerous critically endangered and endangered species, including Leadbeater's possum, swift parrots and bettong could benefit from forest restoration in Australia.”
https://www.abc.net.au/news/science/2019-07-05/climate-change-tree-planting-carbon-dioxide/11267556
StockLogistics
3 years ago
“ArborGen Holdings Limited is a New Zealand-based company listed on the main board of the New Zealand Stock Exchange (NZX:ARB). Approximately 70% of ArborGen Holdings' issued shares are held by US beneficial holders. ArborGen Holdings Directors David Knott of Knott Partners and Ranjan Tandon of Libra Funds LP are each substantial shareholders in ArborGen Holdings. As at 31 March 2019, Knott Partners & Associates and Libra Funds LP owns 28.3% and 17.6% respectively of ArborGen Holdings' issued share capital. In addition a further 3% is held by Independent Directors and management.
ArborGen Holdings’ sole operating business is ArborGen - a leading producer of tree seedling products and one of the largest providers of conventional and technology-enhanced seedlings to the forestry industry. With a long history of tree improvement research and expertise in forestry, ArborGen is developing products designed to meet the challenges facing the global commercial forestry industry.
Through innovations in both conventional breeding and biotechnology, we develop high-value seedling products that significantly improve the productivity of a given area of land by enabling our customers to grow trees that yield more wood per acre with greater consistency and quality in a shorter period of time. These advanced and technology-enhanced products are designed to improve growth rates, yields, stress tolerance, uniformity, wood quality and processing efficiency of trees.
Combining superior nursery management practices and methods, conventional tree breeding, species selection, advanced tree improvement and biotechnology to produce trait-specific superior trees, ArborGen is working to ensure that our customers get the most out of every tree they grow. “
http://www.rubicon-nz.com/
Register for real-time alerts, custom portfolio, and market movers
riha
8 months ago
Hot Features
Premium
