Saturday, March 7

World News

COP 29: Carbon credit trading scheme criticised as ‘get out of jail free card’
World News

COP 29: Carbon credit trading scheme criticised as ‘get out of jail free card’

COP29 said it expected the scheme to reduce the cost of implementing countries' national climate plans by up to US$250 billion Photo: Jakub Porzycki / NurPhoto via AFP A new carbon credit trading deal reached in the final hours of COP29 has been criticised as a free pass for countries to slack off on efforts to reduce emissions at home. The deal, sealed at the annual UN climate talks nearly a decade after it was first put forward, will allow countries to buy carbon credits from others to bring down their own balance sheet. New Zealand had set its targets under the Paris Agreement on the assumption that it would be able to meet some of it through international cooperation - "so getting this up and running is really important", Compass Climate head Christina Hood said. "It's a tool, it's...
COP 29: Carbon credit trading scheme critisised as ‘get out of jail free card’
World News

COP 29: Carbon credit trading scheme critisised as ‘get out of jail free card’

COP29 said it expected the scheme to reduce the cost of implementing countries' national climate plans by up to US$250 billion Photo: Jakub Porzycki / NurPhoto via AFP A new carbon credit trading deal reached in the final hours of COP29 has been criticised as a free pass for countries to slack off on efforts to reduce emissions at home. The deal, sealed at the annual UN climate talks nearly a decade after it was first put forward, will allow countries to buy carbon credits from others to bring down their own balance sheet. New Zealand had set its targets under the Paris Agreement on the assumption that it would be able to meet some of it through international cooperation - "so getting this up and running is really important", Compass Climate head Christina Hood said. "It's a tool, it's...
A man who had his leg amputated after being trapped for over 20 hours in Franklin River remains in critical condition
World News

A man who had his leg amputated after being trapped for over 20 hours in Franklin River remains in critical condition

By Madeleine Rojahn for the ABC Specialist medical teams were winched to the site where the man was trapped. Photo: Supplied: Tasmania Department of Police, Fire & Emergency Management A 65-year-old Lithuanian man who had his left leg amputated at the knee during a rescue operation near Tasmania's remote south-west remains in a critical condition. The man, whose identity has not been disclosed, was part of an international group of 11 people embarking on a multi-day pack-rafting trip along Tasmania's remote Franklin River. Police said they believed the man's leg became trapped in a rock crevice on Friday afternoon while he was "scouting" the area on foot along the Franklin River's banks. He used a GPS-enabled device to call for help but remained trapped and partially submerged in...
Horse’s head and pregnant cow used in ‘barbaric’ mafia threat in Sicily
World News

Horse’s head and pregnant cow used in ‘barbaric’ mafia threat in Sicily

By Barbie Latza Nadeau, CNN The incident occurred in Atofonte, which is near Sicily's capital, Palermo. Photo: 123RF / kavalenkau The discovery of a severed horse head, and a cow quartered with its bloodied dead calf on top, have rattled a Sicilian town, with authorities treating the incident as a mafia threat. The dead animals were discovered on the property of a building contractor in the town of Altofonte, near Palermo, police told CNN. The gruesome scene was reminiscent of the 1972 film The Godfather where a character wakes up to find a decapitated head of a horse in his bed. The contractor, who is not being named to protect him during the ongoing investigation, told police that he had not received any threats prior to the discovery of the dead livestock, who were kept on an adja...
Ukraine hit with surge of attacks using North Korean missiles with Western chips
World News

Ukraine hit with surge of attacks using North Korean missiles with Western chips

By Daria Tarasova-Markina, Lauren Kent, Nick Paton Walsh and Victoria Butenko, CNN Russia has fired around 60 North Korean KN-23 missiles at Ukraine this year. Photo: Korean Central News Agency / AFP Ukraine has been hit by a surge in Russian ballistic missile attacks, around a third of which used North Korean weapons that can only fly because they run on Western circuitry, obtained despite sanctions, according to Ukrainian military officials. Russia has fired around 60 North Korean KN-23 missiles at Ukraine this year, according to a Ukrainian defence official. That accounts for nearly one in three of the 194 ballistic missiles fired so far in 2024, a CNN tally of attacks publicly acknowledged by Ukraine's air force shows. August and September saw a spike in ballistic missile attacks...
COP29 clinches $300 billion climate finance deal
World News

COP29 clinches $300 billion climate finance deal

By Kate Abnett, Valerie Volcovici and Karin Strohecker, Reuters Attendees walk past the COP29 logo during the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, on 21 November 21, 2024. Photo: AFP Countries agreed on Sunday to an annual finance target of $300 billion (NZ$514b) to help poorer countries deal with impacts of climate change, with rich countries leading the payments, according to a hard fought deal clinched at the COP29 conference in Baku. The new goal is intended to replace developed countries' previous commitment to provide $100 billion (NZ$171b) per year in climate finance for poorer nations by 2020. That goal was met two years late, in 2022, and expires in 2025. The agreement was criticised by developing nations, who called it insufficient, but Unit...
Missing aviator Amelia Earhart’s ‘plane’ turns out to be ‘just a pile of rocks’
World News

Missing aviator Amelia Earhart’s ‘plane’ turns out to be ‘just a pile of rocks’

By Taylor Nicioli, CNN Amelia Earhart standing under the nose of her Lockheed Mode 10-E Electra Photo: Wikipedia The disappearance of pioneering aviator Amelia Earhart more than 87 years ago has remained one of the most captivating mysteries in history, with a handful of explorers devoted to scouring the seas for any clue to her final whereabouts. Sonar imagery captured in January revealed a plane-shaped anomaly on the seafloor about 161km from the Pacific Ocean's Howland Island - the next location where Earhart was expected to land before she was declared lost at sea. The detection renewed a worldwide interest in the mystery and left many questioning whether Earhart's missing Lockheed 10-E Electra had finally been found. After returning to the site on November 1, Deep Sea Vision - a...
Laos government says ‘profoundly saddened’ by tourist deaths
World News

Laos government says ‘profoundly saddened’ by tourist deaths

Vientiane, Laos: The Laotian Ministry of Foreign Affairs has expressed sympathy after the deaths of six tourists who had been on a night out in Vang Vieng. Photo: Unsplash/ Alessio Roversi The Laos government said Saturday it was "profoundly saddened" by the deaths of foreign tourists in Vang Vieng, with the toll from a suspected methanol poisoning incident now at six. A statement posted on its Ministry of Foreign Affairs website said it expressed "sincere sympathy and deepest condolences to the families of the deceased", adding an investigation was underway to find the cause of the incident. Six tourists died of suspected methanol poisoning after a night out in the Laos backpacker hotspot of Vang Vieng last week. The two Danish citizens, an American, a Briton and two Australians were a...
Rich nations raise COP29 climate finance offer in bid to break deadlock
World News

Rich nations raise COP29 climate finance offer in bid to break deadlock

By Kate Abnett, Valerie Volcovici and Nailia Bagirova, Reuters Attendees walk past the COP29 logo during the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, on 21 November 21, 2024. Photo: AFP Wealthy countries raised their offer of climate finance to US$300 billion (NZ$514b) a year at COP29 on Saturday, raising hopes of a deal with developing nations that had dismissed an earlier proposal as insufficient to address the impacts of global warming. The UN climate summit had been due to finish on Friday but ran into an extra day as negotiators from nearly 200 countries - who must adopt the deal by consensus - tried to reach agreement on the contentious funding plan for the next decade. The two-week conference cut to the heart of the global debate over the financial...
Philippines boosts security after VP’s assassination threat against president
World News

Philippines boosts security after VP’s assassination threat against president

By Neil Jerome Morales, Reuters Philippines president Ferdinand Marcos Jr, in August (file photo). Photo: AFP/ Pool - Lisa Marie David Philippine security agencies stepped up safety protocols on Saturday after Vice President Sara Duterte said she would have President Ferdinand Marcos Jr assassinated if she herself were killed. In a dramatic sign of a widening rift between the two most powerful political families in the Southeast Asian nation, Duterte told an early morning press conference that she had spoken to an assassin and instructed him to kill Marcos, his wife, and the speaker of the Philippine House, if she were to be killed. "I have talked to a person. I said, if I get killed, go kill BBM (Marcos), (first lady) Liza Araneta, and (Speaker) Martin Romualdez. No joke. No joke," ...