Capitalism

20/01/23
Author: 
David Keyton & Masha Macpherson
Climate activist Vanessa Nakate of Uganda, left, reacts beside Greta Thunberg of Sweden at a press conference at the World Economic Forum in Davos, Switzerland on Thursday, Jan. 19, 2023. Photo by The Associated Press/Markus Schreiber

Jan. 19, 2023

Swedish climate campaigner Greta Thunberg on Thursday slammed corporate bigwigs meeting in Davos, Switzerland, for “fueling the destruction of the planet” by investing in fossil fuels and prioritizing short-term profits over people affected by the climate crisis.

20/01/23
Author: 
Damien Gayle
Tendayi Achiume said the same structures that created ecological inequality were being relied on to solve the problem. Photo by UN Geneva/Flickr (CC BY-NC-ND 2.0)

Jan. 20, 2023

This story was originally published by The Guardian and appears here as part of the Climate Desk collaboration.

The world’s reliance on high-tech capitalist solutions to the climate and ecological crises is perpetuating racism, the outgoing UN racism rapporteur has warned.

18/01/23
Author: 
Ben Parfitt
Logs piled up awaiting conversion to wood pellets at a factory now owned by multinational Drax Group. Photo from Stand.earth.

Jan. 18, 2023

The closure of a Prince George pulp mill is yet another warning we’re running out of trees.

18/01/23
Author: 
Jake Johnson
A demonstrator is seen holding a sign at a climate protest in Manhattan on October 29, 2021. (Photo: Erik McGregor/LightRocket via Getty Images)

Jan. 18, 2023

"It is business as usual for most banks and investors who continue to support fossil fuel developers without any restrictions, despite their high-profile commitments to carbon neutrality."

Top banks in the United States and around the world have made a show of embracing net-zero emissions pledges, portraying themselves as allies in the fight against the global climate emergency.

16/01/23
Author: 
John Woodside
Canada’s financial heavyweights want to keep pumping money into the oil and gas sector, using loopholes unsupported by climate science, confidential documents reveal. Photo by Matthew Henry/Unsplash

Jan. 16, 2023

Canada’s financial heavyweights are trying to convince the federal government to let them keep pumping money into the oil and gas sector, using loopholes unsupported by climate science, confidential documents obtained by Canada’s National Observer reveal.

The Sustainable Finance Action Council (SFAC), whose members include representatives from Canada’s major banks, insurance companies and pension plans, was set up in 2021 to advise Finance Minister Chrystia Freeland on how to best build a sustainable finance market.

14/01/23
Author: 
Nicholas Kusnetz
People take part in a protest against ExxonMobil before the start of its trial outside the New York State Supreme Court building on Oct. 22, 2019 in New York. Credit: Eduardo MunozAlvarez/VIEWpress

Jan. 12, 2023

For climate activists, the term “Exxon Knew” has settled deeply into the lexicon of climate accountability, shorthand for the contradiction between the oil giant’s long campaign to publicly question climate science and its internal understanding that the science was sound. 

Now, new academic research lends statistical rigor to this concept by showing that the company’s own climate projections, dating back decades, consistently predicted the warming that was to come primarily from burning fossil fuels.

10/01/23
Author: 
John Woodside
(L-R) Liberal MP Gudie Hutchings, Newfoundland and Labrador Premier Andrew Furey, Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz speak as they arrive on Tuesday, Aug. 23, 2022 in Stephenville, N.L. THE CANADIAN PRESS/Adrian Wyld

Jan. 10, 2023

Allegations of patronage and a cozy relationship between a billionaire and a Canadian premier are threatening to upend a multibillion-dollar green energy project.

03/01/23
Author: 
Jonathan Watts
Bolsonaro’s ministers trashed the government agencies responsible for protecting the forest, nature reserves and Indigenous territories. Photo by Jonny Lew/Pexels

Jan. 3, 2023

This story was originally published by The Guardian and appears here as part of the Climate Desk collaboration.

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