A new bill passed by the Australian Parliament appears at first to offer protection to environmentally sensitive lands is actually little more than a carbon-trading system for land that helps development on sensitive lands overstep environmental review.
"The Threatened Species Conservation Amendment (Biodiversity Banking) Bill, flicked through by Parliament last month, pretends to assist biodiversity by applying a carbon trading model. In fact, like carbon trading, it amounts to little more than a purchasable license to destroy, without even an eco-assessment of the land in question."
"It's an attractive idea. Attractive to politicians, since it cloaks developer appeasement in greenwrap. Attractive to developers, in allowing low-grade inland to be conserved while top-dollar coastal paradise is developed. And attractive to a concerned public, in trusting the market to conserve high-value environments even as it commodifies them."
FULL STORY: Don't bank on this phoney fix

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.

The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.

Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor
The project could remove tens of thousands of commercial trucks from roadways.

Austin's First Single Stair Apartment Building is Officially Underway
Eliminating the requirement for two staircases in multi-story residential buildings lets developers use smaller lots and more flexible designs to create denser housing.

Atlanta Bus System Redesign Will Nearly Triple Access
MARTA's Next Gen Bus Network will retool over 100 bus routes, expand frequent service.
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