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Tag: fossil

COP27: Climate costs deal struck but no fossil fuel progress

COP27: Climate costs deal struck but no fossil fuel progress

Science
This video can not be playedTo play this video you need to enable JavaScript in your browser.By Georgina RannardClimate reporter in Sharm el-SheikhA historic deal has been struck at the UN's COP27 summit that will see rich nations pay poorer countries for the damage and economic losses caused by climate change.It ends almost 30 years of waiting by nations facing huge climate impacts.But developed nations left dissatisfied over progress on cutting fossil fuels."A clear commitment to phase-out all fossil fuels? Not in this text," said the UK's Alok Sharma, who was president of the previous COP summit in Glasgow.This year's talks in Sharm el-Sheikh, Egypt, came close to collapse, and overran by two days.Luke-warm applause met the historic moment the "loss and damage fund" was agreed in the ea...
Boy finds 480 million-year-old fossil using set he got for Christmas

Boy finds 480 million-year-old fossil using set he got for Christmas

Technology
A six-year-old boy has found a fossil up to 488 million years old while digging in his garden with a fossil-hunting set he received for Christmas.Siddak Sing Jhamat, known as Sid, had been digging in his garden in Walsall, in the West Midlands, "for worms and things like pottery and bricks", he said. "I just came across this rock which looked a bit like a horn, and thought it could be a tooth or a claw or a horn, but it was actually a piece of coral which is called horn coral. I was really excited about what it really was." Image: The fossil dates back to the era of Pangea, 488 million years ago. Pic: Vish Singh/PA His father Vish Singh said: "We were surprised he found something so odd-shaped in the soil."He found a horn coral, and s...
New fossil helps paleontologists decipher evolutionary history of caimans, alligators

New fossil helps paleontologists decipher evolutionary history of caimans, alligators

Science
Jan. 15 (UPI) -- Alligators and caimans are closely related, but their evolutionary history is complicated. And because the two groups look so similar, untangling their evolving relations across time and space has proven especially difficult for paleontologists. Advertisement Thankfully, a new fossil, described Friday in the journal PeerJ, has offered scientists insights into the history of Alligatoridae family, the group of crocodylians that includes alligators and caimans. The fossil, a partial skull, was originally unearthed in 2010 at a dig site in Far West Texas, a mountainous region of the Chihuahuan Desert. Far West Texas, or Trans-Pecos Texas, is home to what's known as the Devil's Graveyard Formation. It's a geologic formation preserving fossils from the latter half of the Eocen...
Climate change: UK to end aid for fossil fuel projects abroad

Climate change: UK to end aid for fossil fuel projects abroad

Science
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Rockefeller heirs call on banks to stop lending to fossil fuel companies

Finance
Descendants of Standard Oil founder John D. Rockefeller are calling on the major banks to put an end to fossil fuel financing.Daniel Growald, Peter Gill Case and Valerie Rockefeller — fifth-generation members of the famed family — have launched BankFWD, which is a network of powerful individuals and institutions aimed at persuading banks to change their lending practices.While necessary in order to stem the impacts of climate change, the trio also argue that shifting away from fossil fuel dependence is necessary from an economic perspective. In other words, long-term financial viability is inextricably linked to the changing planet."There's a strange thing happening right now where the business world is still trying to wrap its head around the idea of climate change, that there are true ri...