The Federal Government has announced a $100 million (US$78 million) investment package for the improvement of Australia’s ocean habitats and coastal environments. The investment will target ecosystems containing seagrass and mangroves, which absorb and store carbon dioxide, also known as “blue carbon.” The push to alleviate atmospheric carbon dioxide levels comes as part of Australia’s commitments to the Paris Agreement and achieving net-zero by 2050. Prime Minister Scott Morrison said that oceans and coasts play a crucial role in managing carbon dioxide levels. “Australia has always understood that how we manage our oceans and coastal environments will determine the success or failure of our world’s efforts to address climate change,” Morrison said. “These mangrove environments are often referred to as the lungs of the ocean,” he said. “Some might even call them the liver of the ocean in the cleansing impact they have in our oceans environment.” Research by Edith …
Australia Announces $100 Million Towards ‘Blue Carbon’ Ocean Ecosystems
April 26, 2021
admin
Asia & PacificAustraliablue carboncarbon capturehydrogenLeaders' Climate SummitParis AgreementScott MorrisonWorld
0 Comment