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"The meteor has already struck": Mathew Lawrence on how ecosocialism can save Earth


“The meteor has already struck”: Mathew Lawrence on how ecosocialism can save Earth
The
Planet on Fire author on where Keir Starmer is failing, Joe Biden’s radicalism and the lessons of Covid-19.
For the planet, normality has resumed all too quickly. After falling by a record 7 per cent in 2020, global carbon emissions are forecast to rise this year at the second fastest rate in history. That it took the worst pandemic for a century to briefly reverse this trend is indicative of a broken model.
Planet on Fire: A Manifesto for the Age of Environmental Breakdown, a new book co-authored by Mathew Lawrence and Laurie Laybourn-Langton, offers an urgent alternative. “The meteor has already struck… This is not something abstract down the line,” Lawrence, the 34-year-old founder and director of the think tank Common Wealth, said when we met in a park in east London. Earth does not have the luxury of time – we are living with the consequences of climate c ....

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IAG welcomes Commonwealth Government reinsurance pool for northern Australia


Date Time
IAG welcomes Commonwealth Government reinsurance pool for northern Australia
IAG, Australia’s largest general insurer, today welcomed the Commonwealth Government’s announcement of a $10 billion reinsurance pool for cyclone and cyclone-related flood risk in northern Australia, as an important step in helping to ensure the availability and affordability of insurance for communities across that region.
The Government reinsurance pool will cover the cyclone and associated flood risk in home, strata and small business insurance policies.
Importantly, the Government will also provide $40 million for the North Queensland Strata Title Resilience Pilot Program to subsidise the cost of cyclone risk mitigation works for strata properties in north Queensland. ....

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Australia probe of China port signals trouble for Beijing


Australia probe of China port signals trouble for Beijing
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Australia probe of China port signals trouble for Beijing
Bloomberg / May 4, 2021, 13:01 IST
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File photo: Peter Dutton
SYDNEY: Five years ago, Australia’s defense chief dismissed worries over a Chinese company leasing a port used by US Marines as “simply absurd.” Now the government in Canberra is weighing whether to force a sale due to national security concerns.
Defence minister Peter Dutton confirmed over the weekend that his department will advise the government on what to do with the port. Asked whether the government would consider forced divestiture, he told the Sydney Morning Herald that officials would consider the national interest. ....

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