Climate
Ditching ‘Killer’ Plastics: Queensland’s Ban on Single Use Plastics
Queensland is following the footsteps of South Australia in
becoming a greener state. Under new legislation, single use plastics such as straws
and cutlery, as well as polystyrene foam food containers and cups will be
banned from the 1st of September 2021. The legislation has been
endorsed by the Australian Marine Conservation Society, and will be critical in
protecting the iconic Australian wildlife. This is an excellent push for the remaining
Australian states to also take the positive action to ban plastics
which are designed to be used once, and which lastingly destroy the
environment.
 
Climate
Ocean carbon credits
If we are to keep global warming to 1.5 degrees, CO2 will need to be removed from the atmosphere.The Ocean Nourishment Corporation is working to enhance the natural process of photosynthesis by phytoplankton whereby they draw CO2 from the atmosphere. As more CO2 is drawn down, more carbon will be stored at the bottom of the ocean when the phytoplankton die. A carbon credit can be created for each additional tonne of CO2 stored.If 2.4 billion tonnes can be stored, then, at $50 per tonne, this technique can create a market in excess of $100 billion.