Topics tagged with 'United Nations'
Carbon removal ‘unavoidable’ as climate dangers grow: IPCC
6 Apr 2022
Removing carbon dioxide from the atmosphere is essential to meet the Paris Agreement’s looming climate targets, according to a major report from the United Nations’ Intergovernmental Panel on Climate Change.
Kiwi climate expert says civil disobedience not enough
5 Apr 2022
Massey University's Professor Bruce Glavovic, a former IPCC lead author, says a campaign of civil disobedience being waged by scientists around the world demanding urgent action on climate change doesn’t go far enough. “It’s necessary but not sufficient.”
World has its best chance yet to slash emissions – if it seizes the opportunity: IPCC
5 Apr 2022
The world has its best chance yet to reduce greenhouse gas emissions quickly, but hard and fast cuts are needed across all sectors and nations to hold warming to safe levels, the global authority on climate change says.
The UN's 10,000-page red alert on climate change
5 Apr 2022
Accelerating global warming is driving a rising tide of impacts that could cause profound human misery and ecological disaster, and there is only one way to avoid catastrophe: drastically reduce greenhouse gas emissions.
Scientists race to finish key IPCC report
4 Apr 2022
UN scientists have worked through the weekend to complete a key report on how to restrict the greenhouse gases that are warming the planet.
UN asks NZ’s Rod Carr to join major global group
1 Apr 2022
Media Release - The UN’s secretary general António Guterres has asked New Zealand’s Dr Rod Carr to join an elite world group to look into climate change issues.
France fails to meet court deadline to get Paris climate deal objectives back on track
1 Apr 2022
With 10 days to go to the French presidential election, the government has just broken a deadline to realign itself with the Paris Climate Agreement objectives.
After US fails to pay its debt, UN’s flagship climate fund warns of austerity
31 Mar 2022
The head of the UN’s flagship climate fund has warned that it will have to reject emissions-cutting projects if its donors do not provide more resources.
Ukraine war accelerates climate emergencies in Horn of Africa
29 Mar 2022
In some parts of the region, famine is now not just a threat, it is waiting, says UNICEF's regional director for Eastern and Southern Africa Mohamed Fall.
World ‘sleepwalking’ to climate catastrophe: UN chief
22 Mar 2022
UN chief Antonio Guterres said on Monday the world is “sleepwalking to climate catastrophe”, with major economies allowing carbon pollution to increase when drastic cuts are needed.
IPCC scientists to examine carbon removal in key report
22 Mar 2022
UN scientists are likely to weigh up technology to remove CO2 from the atmosphere, as they gather to finalise a key report.
UN report to lay out options to halt climate crisis
21 Mar 2022
Nearly 200 nations gather today to confront a question that will outlive Russia's invasion of Ukraine: how do we stop carbon pollution overheating the planet and threatening life as we know it?
UN climate change negotiating bloc rejects Russia, condemning its invasion of Ukraine
11 Mar 2022
As the international community seeks to cut off Russia from the global economy, there are moves to isolate Moscow diplomatically in the climate space.
Experts call for moratorium on deep-sea mining
9 Mar 2022
A troupe of environmental activists descended on Rotterdam, Netherlands, last month for an evocative demonstration. Dressed as jellyfish, sea anemones, and “fisher folk,” protestors from the advocacy group Ocean Rebellion sang songs and projected messages onto the hull of a 750-foot-long drilling ship, urging policymakers to protect the seafloor from mining companies.
World agrees to negotiate a ‘historic’ treaty on plastic pollution
4 Mar 2022
World leaders concluded the fifth United Nations Environment Assembly on Wednesday with a promise to the world: By 2024, delegates will broker a binding, international treaty addressing the full life cycle of plastics — including its production and design.
‘Atlas of Human Suffering’ only matters if countries take action
3 Mar 2022
After two days of absorbing, parsing, and reading analyses of this week’s Intergovernmental Panel on Climate Change (IPCC) report on climate impacts, adaptation, and vulnerability, one conclusion shines through: the compendium that UN Secretary General António Guterres calls an “atlas of human suffering” will only matter if countries take action.
An "atlas of human suffering": Guterres
1 Mar 2022
"An atlas human of suffering" was UN Secretary General Antonio Guterres pithy summary of the latest climate report released by the Intergovernmental Panel on Climate Change yesterday.
New UN report set to paint stark picture of impacts of climate change
28 Feb 2022
A NEW UN science report [being released at midnight tonight NZ time] is set to send what may be the starkest warning yet about the impacts of climate change on people and the planet.
Russian official apologizes to Ukraine at climate science meeting
28 Feb 2022
A Russian government representative apologized to Ukraine and said there was no justification for his country's invasion during a meeting of climate scientists and governments on Sunday morning
UN report warns climate change could spur 50% more wildfires by 2100
25 Feb 2022
A UN report has found governments are spending too much money on fire suppression and not enough on prevention.
Survey of gender bias in the IPCC
9 Feb 2022
Women are increasingly prominent in climate negotiations. Familiar figures include United Nations climate chiefs Patricia Espinosa and Christiana Figueres, Barbados Prime Minister Mia Mottley and youth activist Greta Thunberg. Yet gender equity is far from being realized across the climate research community, including in the Intergovernmental Panel on Climate Change (IPCC).
Countries back away from pledge to update climate goals this year
2 Feb 2022
EVEN before the ink was dry on the Glasgow pact, questions about how many nations would actually honor their pledges were already circulating.
Germany's Annalena Baerbock criticises Russia over SC climate veto
15 Dec 2021
German Foreign Minister Annalena Baerbock criticised Russia on Tuesday for blocking UN efforts to tackle climate change.
Who will be the judge of countries' climate plans?
13 Dec 2021
Countries have until the end of next year to ensure their climate commitments meet the Paris agreement's cap on global warming. But who will check that their promises really do stack up?
Security Council to vote on historic climate change resolution
13 Dec 2021
The UN Security Council is expected to vote on a draft resolution on climate change and security today which was co-authored by Ireland and Niger, the co-penholders on the climate file.
Land and water ecosystems, 'stressed to a critical point': FAO
13 Dec 2021
Land and water resources are “stressed to a critical point”, following significant deterioration over the past decade, according to a major new report released on Thursday by the UN Food and Agriculture Organization (FAO).
African Union urged to bring political clout to Egypt climate talks
9 Dec 2021
Africa has been trying for years to get its special needs and circumstances officially recognised in UN climate talks, without success. The bloc left Glasgow last month disenchanted once again.
UN Security Council considers first ever resolution on security implications of climate change
3 Dec 2021
The United Nations Security Council may be about to pass its first-ever resolution on the implications of climate change for peace and security. The council has talked about climate security since 2007, and it has acknowledged that environmental challenges such as droughts and degradation of farming land can fuel conflicts in regions like the Sahel and the Horn of Africa. But it has not laid out a systematic approach to assessing these risks or responding to them.
International meeting could open up ocean mining, drastically undermining ocean health
3 Dec 2021
Media Release - Critics are sounding the alarm that an upcoming meeting of the International Seabed Authority (ISA), the international body that regulates and controls mining activities in the world’s ocean that lies beyond national jurisdictions, could push through ocean mining regulations in as little as two years.
UN shipping body agrees voluntary measures to cut black carbon in the Arctic
30 Nov 2021
Ship operators have been urged to switch to cleaner fuels in the Arctic, under a resolution to cut black carbon emissions at the International Maritime Organization (IMO) last week.
UN shipping talks fail to speed up faster carbon exit
29 Nov 2021
Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that sought to speed up decarbonization of the sector failed to make progress, officials said on Friday.
New Zealand’s climate change regulation is messy and complex – here’s how to improve it
24 Nov 2021
Waikato University associate professor of law Nathan Cooper says the Emissions Reduction Plan provides the perfect opportunity to align New Zealand's national and international climate targets.
Nigeria commits to annual carbon budgets to reach net zero under climate law
23 Nov 2021
Nigeria has become the first major developing country to commit to set annual carbon budgets to plot its path to cutting emissions to net zero.
UN hails nuclear as the lowest carbon electricity source
23 Nov 2021
A new report by the United Nations Economic Commission for Europe (UNECE) that examined the lifecycle carbon produced by all technologies suggests that nuclear power generates less carbon dioxide emissions over its lifecycle than any other electricity source.
Who will ensure compliance with the Glasgow climate commitments?
19 Nov 2021
The news from Glasgow includes positive announcements, in particular agreements to curb deforestation, cut methane emissions, “phase down” coal use and, next year, more aggressive emissions reduction targets. But a disturbing history of broken global climate promises — going back decades — compels us to ask: Will countries comply with their commitments, and what happens if they don’t?
What would it look like if we treated climate change like an actual emergency?
17 Nov 2021
If we accept the facts of climate change, we also have to accept the radical changes necessary to address it, argues economic anthropologist Jason Hickel.
‘COP26 hasn’t solved the problem’: scientists react to UN climate deal
16 Nov 2021
The Glasgow Climate Pact is a step forward, researchers say, but efforts to decarbonize are not enough to limit global temperature rises to 2 °C.
Key outcomes agreed at the UN climate talks in Glasgow: Carbon Brief
16 Nov 2021
Carbon Brief provides an in-depth summary of all the key outcomes in Glasgow – both inside and outside the COP26.
Fixing climate finance: Jeffrey Sachs
16 Nov 2021
The United Nations Climate Change Conference in Glasgow (COP26) fell far short of what is needed for a safe planet, owing mainly to the same lack of trust that has burdened global climate negotiations for almost three decades.
Last chance saloon all over again
15 Nov 2021
By Jeremy Rose Carbon News editor: They said it in Copenhagen, they said it in Paris, and numerous commentators said it about Glasgow too: This is the last chance saloon when it comes to averting disastrous climate change.
Glasgow Conversations: It's a wrap
15 Nov 2021
In this the final episode of the Glasgow Conversations, Alastair Thompson talks about the successes and failures of COP26, and ranks the various participants: Africa scores a 10 - Europe just 1.
COP26: New global climate deal struck in Glasgow
15 Nov 2021
The Glasgow Climate Pact is the first ever climate deal to explicitly plan to reduce coal, the worst fossil fuel for greenhouse gases.
Five things you need to know about the Glasgow Climate Pact
15 Nov 2021
The COP26 UN climate talks in Glasgow have finished and the gavel has come down on the Glasgow Climate Pact agreed by all 197 countries.
These experts say there's reason for cautious optimism coming out of COP26
15 Nov 2021
As the COP26 summit ends, experts say there is reason to be "cautiously optimistic" about the work that's been done to avoid a climate disaster.
After the failure of COP26 mass protest only hope of survival: Monbiot
15 Nov 2021
It’s too late for incremental change. By mobilising just 25% of people, we can flip social attitudes towards the climate, argues environmentalist George Monbiot.
Glasgow Climate Pact has loopholes so big an oil tanker could get through them
15 Nov 2021
The curtain came down on United Nations climate talks a day later than expected. It’s a strange feeling as representatives from countries around the world said they were willing to accept an agreement that they all said sucks.
Compromise COP26 deal disappoints
15 Nov 2021
The COP26 summit approved a climate deal late Saturday evening. But the watered-down ambitions on the end of coal subsidies left many delegates frustrated, including Switzerland.
COP26 ends with a strong result on carbon markets: EDF
15 Nov 2021
After six years of difficult and technical negotiations, the UN climate talks at COP26 in Glasgow finally gave us a strong Paris Agreement rulebook for international cooperation through carbon markets and called on countries to take specific and urgent measures to address dangerous climate change.
Glasgow Conversations: Day 11
12 Nov 2021
On the second to last (scheduled) day of COP26, Alastair Thompson reflects on the summit so far, a talk by Ugandan activist Vanessa Nakate, and how Saudi Arabia and Australia could yet scuttle a final agreement.
Climate Change vs. the Sino-American Cold War
12 Nov 2021
In the absence of meaningful policies from both China and the United States, this year’s climate-change summit, COP26, was never going to deliver what the world really needs. Ultimately, getting both countries on the same page and cooperating on the issue will require public pressure from their own people, argues Daron Acemoglu.
NZ Govt’s move to halt climate litigation under international scrutiny
Tue 19 May 2026
By Liz Kivi | Local and international NGOs have signed an open letter calling on the Government to reconsider its decision to shield major emitters from legal liability for climate-related harm.
Media round-up
Fri 15 May 2026
In our round-up of climate coverage in local media: The government's move to change climate law removes a key protection for NZ citizens, farmers should be paid to use methane-busting tools, and it's one step forward, three steps back on environment policy.
$30m airline fund risks ‘burning public money’ without lasting benefit – expert
20 Mar 2026
By Shannon Morris-Williams | A $30 million government package to support regional air routes risks delivering poor value for money while increasing emissions, according to transport strategist Tim Adriaansen.
Europe has 'maybe six weeks of jet fuel left', energy boss warns
20 Apr 2026
Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week.
Govt unveils long-awaited voluntary carbon market guidance
Fri 15 May 2026
By Shannon Morris-Williams | The Government has released long-awaited guidance for New Zealand’s voluntary carbon and nature markets, as questions continue for the sector despite ministers signalling support for its growth.
Biomass sector asks: where did the love go?
Mon 18 May 2026
By Pattrick Smellie | New Zealand has sufficient biomass in its plantation forests to replace natural gas for industrial process heat at lower costs than electrification, but is failing to get the attention it deserves, sector leaders say.
Carbon News updates forward curve
13 May 2026
Carbon News has updated its ten-year NZU forward curve, following a recent rise in spot market prices, with NZUs rallying from about $34 in January to nearly $54 in early May.
Declare climate crisis a global public health emergency, experts tell WHO
Tue 19 May 2026
The climate crisis should be declared a global public health emergency by the World Health Organization, or millions more people will die unnecessarily, leading international experts have said.
Drop in ETS forestry registrations
5 May 2026
By Liz Kivi | ETS forestry registrations have dropped off this year, with the new mandatory emissions return period, new land-use rules, and carbon price volatility all meaning participants aren’t rushing to register forestry in the emissions trading scheme.
Hipkins pans LNG plan as ‘massive step backwards’
Tue 19 May 2026
By Liz Kivi | Labour leader Chris Hipkins has told a Queenstown audience that a Government he leads would not proceed with a planned LNG import terminal, if elected at November’s election.
Tairāwhiti deserves better than weakened forestry rules
5 May 2026
OPINION: The government's proposed amendments to forestry standards, released yesterday, ignore the hard lessons learned in our region and ignore the voices that have fought hardest to protect it, writes Manu Caddie.
Green building council calls for clean energy policies
Mon 18 May 2026
The New Zealand Green Building Council has released its 2026 election manifesto calling for policies to reduce energy waste in buildings, lower household and business energy costs, and improve New Zealand’s energy security.
What Magyar’s defeat of Orbán in Hungary means for climate and energy
21 Apr 2026
Hungary has played a disproportionate role in EU climate and energy policy in recent years, by repeatedly vetoing climate action and by delaying the phaseout of Russian fossil-fuel imports.
Conservation land open for voluntary carbon market schemes
12 May 2026
By Pattrick Smellie | The government is to open up the Crown-owned conservation estate to private investment in voluntary carbon market projects.
Environmental groups call for ETS reform
20 Feb 2026
Several environmental organisations are calling on political parties to make climate and biodiversity central to the 2026 election campaign, with reforming the Emissions Trading Scheme seen as a key priority.
Future big droughts may be worse than we think – NZ’s past shows why
Mon 18 May 2026
By Adam Brown, University of Waikato; Dave Frame, University of Canterbury, and Luke Harrington, University of Waikato | For an agricultural nation like New Zealand, severe drought is one of the most ominous consequences of a warming planet.
EDS urges MPs to scrap the Fisheries Amendment Bill
5 May 2026
Media release | The Environmental Defence Society today lodged a substantive submission on the Fisheries Amendment Bill.
Govt presses ahead with forestry rule changes despite opposition
Thu 14 May 2026
By Shannon Morris-Williams | The Government is pushing ahead with changes to commercial forestry rules despite most submitters opposing the proposals, with critics warning the reforms will weaken councils’ ability to manage erosion and forestry slash risks in vulnerable regions such as Tairāwhiti.
Greenpeace's new fuel crisis scorecard: Coalition flunks, Labour offers few commitments
Tue 19 May 2026
Media release | As fuel prices remain high and the Budget looms closer, Greenpeace Aotearoa has released a scorecard ranking political parties on practical solutions to cut dependence on imported fossil fuels and shield households from oil and gas price shocks.
RMA to speed up fossil fuel consents
18 Aug 2025
By Liz Kivi | An energy lobby group has welcomed a last-minute amendment to the RMA that puts fossil fuels on the same footing as renewables, however a sustainable energy expert says the move “beggars belief.”
New funding for low methane farming uptake
29 Apr 2026
By Pattrick Smellie | The government will co-fund projects under an Early Adoption Accelerator scheme announced today to accelerate the uptake of low emissions farming technologies emerging from the AgriZero public-private partnership.
A real ‘intergenerational equity’ budget would address Australia’s unceasing environmental decline
Fri 15 May 2026
Labor has unveiled a budget designed to tackle intergenerational equity in Australia through bold tax reform.
Why ‘greenhushing’ signals deeper issues with NZ’s climate risk reporting regime
Fri 15 May 2026
By Hang Pham, Te Herenga Waka — Victoria University of Wellington | Most of us are familiar with the concept of greenwashing: organisations exaggerating or overstating their environmental credentials. But in New Zealand, there are signs the country’s climate disclosure regime may inadvertently be driving a very different trend: not saying much at all.
‘Formidable’ El Niño expected this winter
29 Apr 2026
By Liz Kivi | Meteorologists are anticipating a significant El Niño influence on weather patterns across the country from winter onwards, with predicted lower rainfall for some areas and heavier rain for others likely to impact multiple sectors of the economy as well as the carbon market.
Victorian Hydrogen announces Southland urea fertiliser project using coal
22 Apr 2026
By Liz Kivi | Australian-based Victorian Hydrogen has announced it is developing a new 1.5 million-tonne-a-year urea fertiliser operation in Southland, which it will apply for under fast-track legislation.
Media round-up
24 Apr 2026
In our round-up of climate coverage in local media: What is the real cost of storm-hit infrastructure? Urgency is needed over climate adaptation funding; and a community conservation group has won a legal victory against multinational mining company OceanaGold.
Climate law change spanner in the works for Waitangi Tribunal Inquiry
19 Dec 2025
By Liz Kivi | The Government’s controversial changes to New Zealand’s legal framework for climate policy have thrown a spanner in the works for a long-running Waitangi Tribunal Inquiry into climate change.
Labour condemns Govt plan to stop climate litigation
Fri 15 May 2026
By Liz Kivi | The Labour Party has slammed the Government’s move to block climate lawsuits against big emitters but won’t say if they would repeal the legislation if elected in November.
GIDI-style help cheaper than LNG: MBIE
11 May 2026
By Pattrick Smellie | Officials advised ministers last July that the lowest-cost way to free up gas for use during dry winters was to assist industrial gas users to switch to electricity.
Govt missing tricks to save fuel in crisis
30 Apr 2026
By Shannon Morris-Williams | The Government is being urged to shift its response to the fuel crisis away from short-term relief and towards measures that reduce demand, with public health experts warning it is missing an opportunity to boost energy security and lower household costs.
Climate risks could reshape business finances, new guidance warns
15 Apr 2026
By Shannon Morris-Williams | New guidance warns climate change is set to fundamentally reshape financial outcomes for businesses, including difficult-to-model climate “tipping points” – irreversible changes such as ice sheet collapse or ocean circulation shifts – which threaten severe and sudden financial impacts.
Move to block lawsuits could strengthen climate case against Govt
Thu 14 May 2026
By Liz Kivi | The Government’s plan to block climate lawsuits – while potentially fatal for one groundbreaking climate case – could actually bolster claims in another live climate case underway against the Government.
Coal mine challenge reaches Aus High Court
13 May 2026
What climate change impacts should a planning authority have to take into account when assessing a mining project?
NZ's latest climate target 'weak' – Climate Action Tracker
24 Jun 2025
By Shannon Morris-Williams | New Zealand's new international climate target to 2035 is weak, and could even allow for higher emissions than the 2030 target, according to a global scientific project that tracks government climate action.
Deep-sea mining risks biodiversity loss lasting decades, scientists warn
11 May 2026
By Shannon Morris-Williams | The first comprehensive review of deep-sea mining research has found mining could cause ecological damage lasting decades and, in some ecosystems, irreversible biodiversity loss, with New Zealand experts warning the industry poses major risks to fragile ocean environments.
Environmental groups sue Trump administration over approval of new ultra deep-water drilling project
23 Apr 2026
Environmental groups sued the Trump administration on Monday over its approval last month of oil company BP’s ultra deep-water drilling project in the Gulf of Mexico.
Opposition slams environment ministry merger
13 May 2026
By Shannon Morris-Williams | Opposition MPs accused the Government of downgrading climate and environmental protections as legislation to abolish the Ministry for the Environment and merge it into a new mega-ministry passed its second reading in Parliament.
Commission urges Govt action on climate risks
7 May 2026
By Liz Kivi | Climate change currently poses major risks to our water infrastructure with “significant gaps” in readiness to manage risks and increasing hazards, according to the Climate Change Commission.
ESG funds include petrochemical companies, report finds
5 May 2026
Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.
Urgent need to rethink tourism says expert
Mon 18 May 2026
By Shannon Morris-Williams | The post-pandemic recovery has created an urgent need to rethink how tourism operates, who benefits from it, and how it impacts the social and environmental systems it depends on, according to new research.
Thousands protest in Germany urging faster shift to renewable energy, amid Iran war
20 Apr 2026
Thousands of people demonstrated across Germany on April 18, urging a faster shift to renewable energy and accusing conservative Chancellor Friedrich Merz’s coalition of putting the brakes on the transition.
Green Party calls for national electrification plan
20 Apr 2026
By Liz Kivi | The Green Party is calling for a national plan to electrify homes, transport and industry using renewable energy, to reduce fossil fuel dependence in response to the Middle East crisis.
China widens its clean energy lead
Mon 18 May 2026
Chinese companies account for more than half of global investments in clean energy manufacturing since 2019, while new U.S. investments declined last year.
‘Landmark’ conservation reform bill – boost or bust for nature?
8 May 2026
By Liz Kivi | The Government has announced an overhaul of the country’s conservation system, which environmental organisation Forest & Bird says will undo the work of many generations of Kiwis to protect public conservation land.
Combined climate extremes may prompt carbon budget rethink
Thu 14 May 2026
Media release: Springer Nature | Combined extreme climate events are likely to become more common in the future if carbon emissions continue to rise, a paper in Nature suggests.
Africa secures major clean energy deals as France deepens investment push
Fri 15 May 2026
French and African leaders have announced more than $11 billion in renewable energy investments across Africa, underscoring the continent’s growing importance in the global push for cleaner energy and industrial development.
Carbon trading schemes cut more emissions than carbon taxes, according to global study
20 Mar 2026
By Shannon Morris-Williams | Carbon trading schemes are more effective than carbon taxes at reducing emissions, cutting fossil fuel use, and accelerating the shift to renewable energy, a global study has found.
Why both trees and technology are important in the race to mitigate carbon emissions
4 May 2026
Different carbon‑removal approaches solve different problems, and pitting these technologies against each other could slow progress.
Pacific climate response in question as NZ finance remains unclear
19 Dec 2025
By Shannon Morris-Williams | With New Zealand's $1.3 billion international climate finance commitment set to end with no clarity on what follows, the Auditor-General says oversight of that funding remains patchy and long-term outcomes are unclear.
More red lights for cars might mean more green lights for sustainable transport
7 May 2026
Media release: Royal Society Open Science | Reducing the amount of green light time for cars at traffic lights could encourage commuters to switch to more sustainable transport.
NZ First moves to revive container return scheme
4 May 2026
By Shannon Morris-Williams | NZ First is aiming to launch a national container return scheme, which could recycle over a billion wasted containers each year, reviving a policy shelved by the previous Labour-led Government in 2023.
Greens condemn planned coal mine next to protected wetland
4 May 2026
By Liz Kivi | The Green Party says a new plan for a coal mine and fertiliser plant next to an internationally significant wetland is “ecological vandalism and climate denial.”
Why is Northern Ireland facing a growing threat from wildfires?
7 May 2026
Figures show that spring drought events are happening more often while there has been a sharp rise in "fire weather" - a mix of warmth, dryness, and wind that allows fires to ignite and spread rapidly. Experts warn this combination, along with climate change, is creating a longer and more volatile wildfire season.
Trump has hindered offshore wind while China and other countries invest heavily
Mon 18 May 2026
President Donald Trump is stopping offshore wind projects in the United States, just as the industry was poised to grow significantly.
