Latest news with #climateconference
News.com.au
5 days ago
- Business
- News.com.au
Treasurer Stephen Mullighan spends big on Whyalla steel in 2025-26 South Australian budget
The troubled Whyalla steelworks, law and order and a bold bid to bring the mammoth COP31 climate conference to Adelaide are the big winners from South Australia's pre-election budget. Treasurer Stephen Mullighan has promised $650m over six years for the steel plant as part of a $2.4bn 'sovereign steel package' backed by the federal government. In his speech to the state parliament on Thursday afternoon, Mr Mullighan outlined where the money would go and said the allocation would preserve the state's industrial capacity. 'Our unprecedented intervention to place the Whyalla steelworks into administration has protected thousands of jobs, hundreds of businesses and ensured Australia remains a country that manufactures critical steel products,' he said. 'Under this government, South Australians will not be taken for fools by fast-talking businessmen that continually break their promises to our state … the ($650m) funding is for administration costs, investment in the plant to support the sale and for a comprehensive rescue package that safeguards the Whyalla community.' The state government took control of Whyalla from British steel magnate Sanjeev Gupta in February and administrators KordaMentha are working to secure a buyer for the integrated plant. Before the shock takeover, the steelworks suffered losses for months and the government grew increasingly sceptical Mr Gupta's GFG Alliance would meet its debt obligations. The steelworks is a core economic engine for Whyalla, a town of 22,000 people, and the state more broadly. It is Australia's only fully integrated steelmaking enterprise, producing slabs, billets, hot rolled structural steel and rail products. Thursday's budget comes about nine months before the Labor government, led by Premier Peter Malinauskas, will return to the polls in March next year. In a pre-election pitch, Mr Mullighan said the budget preserved the state's industrial capacity, supported farmers battling through punishing drought conditions and demonstrated the government's 'sound financial management'. 'We are the lowest taxing state on the mainland,' Mr Mullighan said. 'And we have kept our promise not to introduce new taxes or increase existing ones. 'We've done all this while returning the budget to surplus and improving the state's credit rating outlook.' The budget delivers a surplus of $179m for 2025-26 and forecasts a $369m surplus for 2026-27 and $458m for 2027-28. Those figures are predicated on gross state product growth rates of 1.75 per cent for 2025-26, and then 2 per cent for both 2026-7 and 2027-28. Net debt is expected to expand from $35.5bn in 2025-26 to $48.5bn in 2028-29. Law and order is also a big winner, with the budget delivering $172m over six years to accommodate additional sworn officers. The state aspires to have a total sworn force of 5000 officers by 2030-31. 'While crime rates have fallen over the course of this government, we continue to toughen laws, expand our prisons and equip our police and criminal justice system with the resources needed to combat crime,' he said. 'This budget provides the largest boost to police funding in the state's history.' A bid to lure the COP31 climate conference to Adelaide is also a standout allocation, receiving $8.3m. A $118m cost-of-living package includes a stark boost for students. The price of student metro card 28-day passes, which are used across Adelaide's bus, rail and tram network, will tumble from $28.60 to just $10. The change means a student catching public transportation will pay the equivalent of 25 cents a trip. The Liberal Party, led by Opposition Leader Vincent Tarzia, said the budget demonstrated Labor was 'out of money and out of ideas'. Mr Tarzia said the state was now confronting a 'debt iceberg', citing the $48.5bn figure as the largest in the state's history. 'The debt iceberg will sink the dreams of future South Australians' he said. 'What's abundantly clear is that Labor is completely out of touch with the needs of South Australians and instead, is frivolously whittling away taxpayer dollars on vanity projects that don't deliver any relief from sky-high energy prices, water bills and the housing crisis.
Bloomberg
29-05-2025
- General
- Bloomberg
Brazilian City Gets Rushed Makeover Ahead of COP30
This Brazilian city is getting a rushed makeover as it prepares to host COP30, the world's biggest climate conference. Peter Millard explores the major construction and a scramble for more rooms already underway. (Source: Bloomberg)
The Guardian
20-05-2025
- Politics
- The Guardian
The Guardian view on protecting the Amazon: forest defenders must have support
It doesn't start for six months, but the build-up to the UN's annual climate conference is already well under way in Brazil. Hosting the tens of thousands of delegates who make the trip is a big undertaking for any city. But the decision to host Cop30 in Belém, at the mouth of the Amazon river, has multiplied the complications. After three consecutive Cops in autocratic nations, the stated aim of Cop30's chair, André Aranha Corrêa do Lago, is to make this year's event a showcase for civil society, including the Indigenous groups and forest defenders who play such a vital role in conservation. But the lack of affordable accommodation and other infrastructure, as well as the distance that must be travelled to reach the Amazon port, mean this commendable ideal will be hard to realise. Dom Phillips' posthumously published book, How To Save the Amazon: A Journalist's Deadly Quest for Answers, is a compelling reminder of what is at stake. It is nearly three years since he was killed along with Bruno Pereira, a Brazilian government employee whose job was monitoring isolated Indigenous groups. The pair were on the way back from a trip to the remote Javari valley. The search and investigation were initially botched. Two men will go on trial for murder later this year. Phillips and Pereira understood the risks they ran, in struggling to document the destruction that was then taking place. Between 2019 and 2023, under the far-right presidency of Jair Bolsonaro, progress on rainforest conservation went into sharp reverse and deforested areas grew rapidly. Illegal loggers, miners and ranchers effectively had carte blanche, as the agencies tasked with upholding environmental regulations were weakened and disbanded. Over the same period, and encouraged by the government's laissez-faire approach, competition between drug traffickers over lucrative smuggling routes intensified. Owing to its remoteness, the Javari reserve, near the border with Peru, became a key battleground. Under President Lula the situation has stabilised. His environment minister, Marina Silva, is the right person to oversee the government's policy of zero net deforestation by 2030. But plans to expand the country's fossil fuel production are impossible to square with these environmental goals. The risk that global heating and deforestation could cause a mass dieback of the rainforest, triggering the release of vast stores of carbon, continues to trouble scientists. At the same time, doubts are growing about whether this year's deadline for certification of the beef supply chain as deforestation-free will be met. Under strong international pressure, JBS, the world's largest meat company, is putting new systems in place. But the huge number of farmers (Brazil has a cattle herd of 240m), the terrain, gaps in land registration, and systems set up to bypass checks, mean the prospects for success are not high. Having the global spotlight on the forest should at least focus minds. The Amazon's biodiversity, and role in climate regulation, make it too important to lose. Indigenous defenders, some of whom worked with Pereira and Phillips, continue the vital work of championing the landscape that is their home. The journalist's book, completed by his friends, shows the urgency of supporting their courageous efforts.
Fast Company
08-05-2025
- Politics
- Fast Company
Brazil road project draws criticism over Amazon deforestation risks ahead of COP30
In the run-up to the annual U.N. climate conference, set to take place in Brazil's Amazon in November, the construction of a road is drawing attention, with critics arguing it will lead to environmental degradation. Before the talks, called COP30, the state government of Para is building a 13-kilometer (8-mile) avenue designed to ease traffic on a major highway that runs parallel. The road was planned long before Belem, a metropolitan area of 2.5 million people that sits on the edge of the Amazon, was chosen as conference host. That hasn't spared it sharp criticism, however, because the road is expected to cut across the last remnants of rainforest in Belem. Road building in the Amazon, which historically has often led to deforestation and development of surrounding areas, also stands in stark contrast to a central aim of climate conferences, and in particular this one: conservation of biodiversity. Brazilian President Luiz Inácio Lula da Silva, who has made the slowing of deforestation a central focus of his administration, has frequently boasted that this will be the first such conference in the Amazon rainforest. The Amazon is key to regulating the climate, because trees absorb carbon dioxide, a greenhouse gas that heats the planet when released into the atmosphere. 'We will hold the best COP in history because the topic of all the ones held in other countries was the Amazon,' Lula said while visiting Belem worksites in February. 'This one will be in the Amazon.' An official project map shows a straight line dividing a green area through the city's outskirts. This protected area is slightly larger than Manhattan. It was designated in 1993 to protect two lakes, a river basin and to restore a degraded rainforest. However, its rules allow private properties, government-approved deforestation and public works. Two university campuses are located within its limits. 'Even with measures to reduce the damage, there are tough issues to address,' said Roberta Rodrigues, a professor of architecture at the Federal University of Para. 'It's hard to imagine a road being built along the banks of the Guama River without it leading to illegal development. It may lead to the end of this protected area.' The project dates back to 2020. Construction began in mid-2024, despite criticism over its impact on one of the city's few remaining green areas. The project drew wider attention in March, when the BBC reported that the avenue was 'being built for COP30.' As the story was picked up by news outlets around the world, Brazil's government issued a statement saying the avenue wasn't among the 33 infrastructure projects planned for COP30. In a statement to The Associated Press, the state government of Para said that the avenue, named Liberdade, or Freedom, will be an expressway and development around it won't be permitted. The chaotic growth of Brazilian cities, however, suggests it's a promise that will be hard to keep. Countless public areas have been occupied for the irregular construction of housing — from modest structures to luxury condos — with the expectation that they will eventually be legalized, which often ends up happening. Belem is the capital of Para, which is run by Gov. Helder Barbalho, a politician from a traditional family who is an ally of Lula. Both support oil drilling in the nearby mouth of the Amazon River, likely a point of contention during COP30. The road is scheduled to be inaugurated just before the conference kicking off on Nov. 10. ___
Globe and Mail
08-05-2025
- Politics
- Globe and Mail
The construction of a road in Brazil draws criticism before first-ever climate talks in the Amazon
BELEM, Brazil (AP) — In the run-up to the annual U.N. climate conference, set to take place in Brazil's Amazon in November, the construction of a road is drawing attention, with critics arguing it will lead to environmental degradation. Before the talks, called COP30, the state government of Para is building a 13-kilometer (8-mile) avenue designed to ease traffic on a major highway that runs parallel. The road was planned long before Belem, a metropolitan area of 2.5 million people that sits on the edge of the Amazon, was chosen as conference host. That hasn't spared it sharp criticism, however, because the road is expected to cut across the last remnants of rainforest in Belem. Road building in the Amazon, which historically has often led to deforestation and development of surrounding areas, also stands in stark contrast to a central aim of climate conferences, and in particular this one: conservation of biodiversity. Brazilian President Luiz Inácio Lula da Silva, who has made the slowing of deforestation a central focus of his administration, has frequently boasted that this will be the first such conference in the Amazon rainforest. The Amazon is key to regulating the climate, because trees absorb carbon dioxide, a greenhouse gas that heats the planet when released into the atmosphere. 'We will hold the best COP in history because the topic of all the ones held in other countries was the Amazon," Lula said while visiting Belem worksites in February. 'This one will be in the Amazon.' An official project map shows a straight line dividing a green area through the city's outskirts. This protected area is slightly larger than Manhattan. It was designated in 1993 to protect two lakes, a river basin and to restore a degraded rainforest. However, its rules allow private properties, government-approved deforestation and public works. Two university campuses are located within its limits. 'Even with measures to reduce the damage, there are tough issues to address,' said Roberta Rodrigues, a professor of architecture at the Federal University of Para. 'It's hard to imagine a road being built along the banks of the Guama River without it leading to illegal development. It may lead to the end of this protected area." The project dates back to 2020. Construction began in mid-2024, despite criticism over its impact on one of the city's few remaining green areas. The project drew wider attention in March, when the BBC reported that the avenue was "being built for COP30.' As the story was picked up by news outlets around the world, Brazil's government issued a statement saying the avenue wasn't among the 33 infrastructure projects planned for COP30. In a statement to The Associated Press, the state government of Para said that the avenue, named Liberdade, or Freedom, will be an expressway and development around it won't be permitted. The chaotic growth of Brazilian cities, however, suggests it's a promise that will be hard to keep. Countless public areas have been occupied for the irregular construction of housing — from modest structures to luxury condos — with the expectation that they will eventually be legalized, which often ends up happening. Belem is the capital of Para, which is run by Gov. Helder Barbalho, a politician from a traditional family who is an ally of Lula. Both support oil drilling in the nearby mouth of the Amazon River, likely a point of contention during COP30. The road is scheduled to be inaugurated just before the conference kicking off on Nov. 10. ___
