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World Bank says subsidies costing as much as $23m a minute must be repurposed to fight climate crisis...
CUNNAMULLA, Australia — Carol Godfrey gazed out her helicopter cockpit at the miles of mulgas glowing green and gold in the dawn light. For decades, the bushy trees had been little more than a last resort for farmers needing to feed their cattle in the arid Outback. But recently, the humble mulgas have become a hot commodity. It’s not the hardwoods themselves that are valuable, however. It’s what they store: carbon.
Sustainable food systems are a cornerstone to cutting emissions but have been largely absent from the agenda in Glasgow. Farming is a complex issue on the journey to net zero, as it is both a source and sink for emissions. About 20% of global emissions come from agriculture and land use, and this rises to more than 25% for the food system as a whole, which includes processing, packaging and transport.
The findings of the Intergovernmental Panel on Climate Change suggest Australia may have to jettison tracts of the bush unless there is a massive investment in climate-change adaptation and planning.
Generating three centimeters of top soil takes 1,000 years, and if current rates of degradation continue all of the world's top soil could be gone within 60 years, a senior UN official said
