The Economic Perspective 2 August 2024

July 31 is World Ranger Day where the community reflects on the actions of park rangers in achieving conservation outcomes.

The week's first article highlights that the world's drylands have been getting hotter, but ecosystems are getting greener. This is due to higher concentrations of carbon dioxide in the atmosphere. In the second article this week, you could take a look at the CSIRO study that found that invasive snails dislike garlic but like red.

The third article talks about a big deal for coastal wetlands and the environment where Australia's first blue carbon project is set to launch, with carbon stored in water ecosystems. Finally, the Paris Olympic Games are trying to go green, which is an improvement on previous games.

Take a look at this week's video which looks at climate change modelling in NSW.

Have a great weekend! 

Tim Hanigan

Economist

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The Latest Trending Economic News Curated for You by Balmoral Group Australia

With CO2 Levels Rising, World’s Drylands Are Turning Green

Southeast Australia has been getting hotter and drier. Droughts have lengthened, and temperatures regularly soar above 95 degrees F (35 degrees C). Bush fires abound. But somehow, its woodlands keep growing. One of the more extreme and volatile ecosystems on the planet is defying meteorology and becoming greener. Read more here.

CSIRO study finds snails like red, dislike garlic 

CSIRO study finds snails like red, dislike garlic. Researchers conducted laboratory and field tests on four invasive snail species as part of a $4.6 million Grains Research and Development Corporation (GRDC) national research program.  Read more.

Breakthrough blue carbon initiative to be delivered at two sites within wetlands 

An Australian-first blue carbon project is set to put the Sunshine Coast at the forefront of an emerging industry. Read more.

Timber venues, river swimming and re-use: how the Paris Olympics is going green – and what it’s missing 

As Paris prepares to host the Olympic and Paralympic Games, the sustainability of the event is coming under scrutiny. The organisers have promoted Paris 2024 as the greenest Olympic ever, however, hosting the world’s biggest sporting event comes at an environmental cost, leading to calls for a radical rethink of the Olympic Games, including scaling it back. Read more

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