Capitalism

22/08/21
Author: 
Sam Pizzigati, Counterpunch

August 17, 2021

Ace researchers dropped two blockbuster reports on us last week. The first — from the UN Intergovernmental Panel on Climate Change, the IPCC — hit on Monday with a worldwide thunderclap.

16/08/21
Author: 
Naomi Klein
A helicopter prepares to make a water drop as smoke billows along the Fraser River Valley near Lytton, British Columbia, Canada, on July 2, 2021. Photo: James MacDonald/Bloomberg via Getty Images

July 23, 2021

Climate inaction was never really about denial. Rich countries just thought poorer countries would bear the brunt of the crisis.

MANY PEOPLE HERE think they are safe from climate change, the journalist from a German newspaper explained to me. They don’t see it as an immediate threat, like Covid-19. They see the Greens as scolds who want to take away their cheap holidays. “What do you have to say to them?”

16/08/21
Author: 
Haley Zaremba

Aug 15, 2021

The green energy revolution is redrawing the lines of the global geopolitical map and China is fighting to come out on top. While other energy superpowers such as the United States, Saudi Arabia, and Russia have clung to their prodigious oil and gas industries to varying degrees, China has gone all-in on establishing their own energy security and independence, a large portion of which will soon be sourced from clean energy resources. 

15/08/21
Author: 
Justin Mikulka
Charging Bull, or the Bull of Wall Street. Credit: htmvalerio, CC BY-NC-ND 2.0

Aug 13, 2021

Comments from a recent energy industry conference reveal major financiers of fossil fuels view environmental and social investing concerns as a trend to “inoculate” against but not a long-term threat to the industry.

“I kind of remind people, I personally think oil is a renewable, it just takes a little bit longer,” said Mari Salazar, senior vice president and manager of Energy Financial Services for BOK Financial, an Oklahoma-based bank that caters to the oil and gas industry. 

15/08/21
Author: 
Steve D'Arcy
Delegates at an IPCC working group meeting in 2013

Aug 10 2021

The root economic causes of the climate crisis appear nowhere in the report, but must be at the centre of movements’ efforts

The backdrop for the latest climate report from the United Nations has been a series of terrifying reminders of the unfolding crisis.

14/08/21
Author: 
Phil Hearse
UK floods

August 12, 2021 

From Oregon in the United States, to Antalya and Bodrum in Turkey, to some of the coldest areas of Siberia, in the last month wildfires have been devastating thousands of acres amidst temperatures above 40°C. The flip side of this has been simultaneously catastrophic floods in Germany and China. As this article was being prepared, wildfires threatened to ignited huge coal stocks at the Milas power station in Turkey.

13/08/21
Author: 
John Woodside
At a time when climate science demands a rapid transition off fossil fuels, Ottawa approved more than $1.3 billion for oil and gas companies through the Canada Emergency Wage Subsidy. Photo by Kartikay Sharma / Unsplash
August 13th 2021

At a time when climate science demands a rapid transition off fossil fuels, Ottawa approved more than $1.3 billion for oil and gas companies through the Canada Emergency Wage Subsidy (CEWS).

According to a January 2021 meeting note Canada’s National Observer received through a federal access-to-information request, “over $1.3B has been approved for the petroleum sector companies” as of Oct. 29, 2020 through CEWS.

Pages

Subscribe to RSS - Capitalism