Capitalism

Climate Disinformation Campaign was Birthed in Canada, Journalist Finds

19/11/22

Author:

Primary Author: Munisha Tumato

Link:

Nov. 16, 2022

Extensive research conducted in the early 1990s yielded a practical solution to the climate crisis that would have averted the mushrooming environmental havoc the world faces today, says journalist Geoff Dembicki—but it was buried by Imperial Oil, using a canary-in-the-coal mine report to launch a disinformation campaign that effectively blocked early mitigation of the crisis.

This is among many shocking, yet unsurprising, revelations from Dembicki’s new book, The Petroleum Papers: Inside the Far-Right Conspiracy to Cover Up Climate Change.

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Corporate power casts a long shadow at UN climate negotiations

18/11/22

Author:

Maya Menezes

Link:

The Breach

Nov. 17, 2022

Amidst a boom in fossil fuel lobbyist attendance, Canada is doing the bidding of oil and gas companies at the UN summit in Egypt

As delegates walked into the Canada Pavilion at the United Nations climate summit last week, we were met with a shocking surprise: at least eight confirmed oil and gas lobbyists with Canadian-government sponsored badges.

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Canadian banks, insurers pour nearly $2 billion into new fossil fuel projects in Africa

16/11/22

Author:

John Woodside

Link:

National Observer

In 2014, the Okavango Delta was added to the UNESCO World Heritage sites due to its ecological and cultural significance to the San people. Photo by Photo by Roger Brown / Pexels

Nov. 15, 2022

Canadian companies are helping drive a wave of fossil fuel expansion in Africa, new data from German climate and human rights group Urgewald shows, and climate advocates say the federal government must step in with strong regulations to turn the tide.

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Climate Crisis Speeds Up, Revolution Only Solution

14/11/22

Author:

Daniel Tanuro

Link:

The Bullet

Nov. 11, 2022

November 11, 2022

Global warming, extreme severity of drought in Europe, heatwaves, snowball effect (or cascading reactions) among all these crisis factors… Risk of sudden changes in ocean circulation with incalculable consequences… This article addresses three points: the explanation of this incontestable observation, the possible evolution, and the policies to be implemented.

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COP27: Oxfam Sizes Up a Single Billionaire’s Investment Emissions

09/11/22

Author:

Jessica Corbett

Link:

Common Dreams

As the U.N. annual climate gathering is underway in Egypt, Oxfam spotlights the role of big corporates and their rich investors in driving the global climate crisis.

With the United Nations Climate Change Conference underway in Egypt, Oxfam on Monday released a report highlighting how billionaires’ investments produce massive amounts of planet-heating emissions that must be reined in to ensure a habitable planet.

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The Final Doubling

08/11/22

Author:

Richard Heinberg

Link:

Resilience

Teaser photo credit: Today, bitcoin mining companies dedicate facilities to housing and operating large amounts of high-performance mining hardware. By Marco Krohn – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=40495567

Nov. 3, 2022

This essay is dedicated to the memory of Herman Daly, the father of ecological economics, who began writing about the absurdity of perpetual economic growth in the 1970s; Herman died on October 28 at age 84.

Politicians and economists talk glowingly about growth. They want our cities and GDP to grow. Jobs, profits, companies, and industries all should grow; if they don’t, there’s something wrong, and we must identify the problem and fix it. Yet few discuss doubling time, even though it’s an essential concept for understanding growth.

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'Alternative' energy and less energy

Ottawa is flush with cash, short on political courage as recession looms

04/11/22

Author:

Ottawa is flush with cash, short on political courage as recession looms

Link:

National Observer

Federal Finance Minister Chrystia Freeland announced unexpected revenue necessary to make courageous, political decisions. Unfortunately, there's little to cheer in her economic update, writes David Macdonald. Photo by shutterstock

Nov. 4, 2022

High inflation, a looming recession, supply chain uncertainty — the Canadian economy is on a bit of a roller-coaster ride right now and federal government finances are no exception. This time, there’s good news: the federal government released its annual fall economic statement Thursday, revealing a revenue windfall of $30 billion — enough to cut the deficit in half this year.

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Canada

Capitalism

Social

Class War in Ontario

02/11/22

Author:

Judy Rebick

Link:

rabble.ca

A photo of Ontario Premier Doug Ford. Credit: Premier of Ontario Photography / Flickr

Nov. 1, 2022

The Doug Ford government has just turned a minor labour dispute into class war in Ontario.

Refusing to budge in negotiations, offering a piddly 10 per cent wage increase when 50 per cent was demanded, the Ford government, usually notoriously lazy, started the legislative session at 5 a.m. on November 1 to drive through a bill that not only removes union rights to free collective bargaining and to strike in Ontario but also puts at threat all of our constitutionally protected rights.

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Oil Profits Set to Soar Past $173 Billion This Year

01/11/22

Author:

Compiled by Gaye Taylor and Farida Hussain

Link:

The Energy Mix

North Sea Oil Platform - GFDL/Wikimedia Commons

Oct. 31, 2022

The world’s seven biggest oil firms are projected to reap gargantuan profits of US$173 billion this year, leading to fresh calls for windfall taxes on a sector that has thrived after Russia’s war in Ukraine led to sky-high fuel prices.

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Do bank directors have a legal obligation to get real on climate?

01/11/22

Author:

John Woodside

Link:

National Observer

Nov. 1, 2022

Days before world leaders, civil society organizations and powerful corporate lobbyists descend on Sharm el-Sheikh, Egypt, for this year’s annual United Nations climate conference, an influential banking alliance dropped a bombshell.

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Category:

Capitalism

Amidst a boom in fossil fuel lobbyist attendance, Canada is doing the bidding of oil and gas companies at the UN summit in Egypt

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