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Carbon levy on EU imports needed to raise global climate ambition


Posted March 11th, 2021 for European Parliament
The mechanism must not be misused to further protectionism
All imported products under the EU Emissions Trading System should be covered  
It should constitute an alternative to existing measures on carbon leakage  
To raise global climate ambition and prevent ‘carbon leakage’, the EU must place a carbon price on imports from less climate-ambitious countries, say Environment MEPs.
On Friday, the Committee on Environment, Public Health and Food Safety adopted a resolution on a WTO-compatible EU carbon border adjustment mechanism (CBAM) with 58 votes for, 8 against and 10 abstentions.
The resolution underlines that the EU’s increased ambition on climate change must not lead to ‘carbon leakage’ as global climate efforts will not benefit if EU production is just moved to non-EU countries that have less ambitious emissions rules. ....

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One of the World's Most Venomous Animals Is a Snail


The Atlantic
They lure their prey with the promise of sex and then kill them cold.
Paulo Oliveira / Alamy
The aptly named cone snail wears a house that resembles a Ben & Jerry’s receptacle, filled not with ice cream but with a squishy mollusk that sports an extendable, trunklike proboscis. The snails are superficially docile creatures, and can be painfully shy; sometimes they go weeks in a lab without taking a single bite of food, cringing at the slightest change in temperature, lighting, or human supervision. “These are not racing snails,” says Eric Schmidt, a biochemist at the University of Utah. ....

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Adnoc, Petronas Sign Framework Agreement


Adnoc, Petronas Sign Framework Agreement
Mar 10, 2021 11:35:am
Summary
by: Shardul Sharma
Posted in:
Adnoc, Petronas Sign Framework Agreement
The Abu Dhabi National Oil Company (Adnoc) and Malaysia’s Petronas have signed a strategic framework agreement to collaborate across the full oil and gas value chain, Adnoc said in a March 10 statement.  
Under the terms of the agreement, the companies will potentially work together in the exploration, development, and production of conventional and unconventional hydrocarbon resources in Abu Dhabi. They will also consider cooperation in the domestic and international downstream sector, Adnoc said.
Among the opportunities in Abu Dhabi, the company added, is Taziz, Adnoc s joint venture with the Abu Dhabi Development Holding Company that is developing chemicals and other downstream projects in Ruwais. Another is in fuel oil and LNG bunkering. ....

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