Capitalism

Bankers Eager to Continue Funding Oil and Gas

15/08/21

Author:

Justin Mikulka

Link:

DeSmog

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.

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Category:

'Alternative' energy and less energy

Capitalism Is What’s Burning the Planet, Not Average People

15/08/21

Author:

Chris Saltmarsh

Link:

Jacobin

Wildfires raged through Turkey's Mediterranean region in July and August 2021. (Felton Davis / Flickr)

Aug. 11, 2021

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Category:

U.N. Climate Report scapegoats “human activity” rather than fossil-fuel capitalism

15/08/21

Author:

Steve D'Arcy

Link:

The Breach

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.

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Category:

Climate Vandalism: The Earth is Burning

14/08/21

Author:

Phil Hearse

Link:

The Bullet

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.

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Category:

Canada’s oil and gas sector filled up on federal COVID emergency cash

13/08/21

Author:

John Woodside

Link:

National Observer

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.

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Category:

To Save Ourselves, We’ll Need This Very Different Economy

12/08/21

Author:

William E. Rees

Link:

The Tyee

‘Ecological overshoot’ is causing climate change, the pandemic and more. Is our political system capable of doing what’s needed? Photo by Paddy O Sullivan.

10 Aug 2021

What would ‘getting serious’ about the survival of civilization look like?

The pandemic is a big problem. Climate change is an even bigger problem. But the meta-problem is ecological overshoot.

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Category:

“The End of Neoliberalism”: Rep. Ro Khanna Hails “Historic” $3.5 Trillion Budget Plan

12/08/21

Author:

Democracy Now

Link:

Democracy Now

“The End of Neoliberalism”: Rep. Ro Khanna Hails “Historic” $3.5 Trillion Budget Plan

Aug. 11, 2021

Transcript [Watch video at link]

This is a rush transcript. Copy may not be in its final form.

AMY GOODMAN: This is Democracy Now! I’m Amy Goodman, with Juan González.

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Category:

Capitalism

Social

USA

Bipartisan Infrastructure Bill Rebuked for Funding False Climate Solutions

11/08/21

Author:

Brett Wilkins

Link:

Common Dreams

Demonstrators from the Sierra Club, Workers For Progress, Our Revolution, and the Chesapeake Climate Action Network picket in front of the office of U.S. Senator Shelley Moore Capito (R-W.Va.) as part of the Thrive National Day of Action on June 3, 2021 in Morgantown, West Virginia. (Photo: Jeff Swensen/Getty Images for Green New Deal Network)

Aug. 10, 2021

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Category:

The Solutions to the Climate Crisis No One is Talking About

11/08/21

Author:

Robert Reich

Link:

Common Dreams

The Solutions to the Climate Crisis No One is Talking About

April 25, 2020

Make no mistake: the simultaneous crisis of inequality and climate is no fluke. Both are the result of decades of deliberate choices made, and policies enacted, by ultra-wealthy and powerful corporations.

Both our economy and the environment are in crisis. Wealth is concentrated in the hands of a few while the majority of Americans struggle to get by. The climate crisis is worsening inequality, as those who are most economically vulnerable bear the brunt of flooding, fires, and disruptions of supplies of food, water, and power.

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Category:

Robbing the soil, 1: Commons and classes before capitalism

08/08/21

Author:

Ian Angus

Link:

Climate and Capitalism

August 1, 2021

“All progress in capitalist agriculture is a progress in the art, not only of robbing the worker, but of robbing the soil.” (Karl Marx)

Robbing the Soil is a new series of articles on capitalist agriculture, part of my continuing project on metabolic rifts. Your constructive comments, suggestions, and corrections will help me get it right. -IA

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Category:

Capitalism

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.

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

What would ‘getting serious’ about the survival of civilization look like?

Make no mistake: the simultaneous crisis of inequality and climate is no fluke. Both are the result of decades of deliberate choices made, and policies enacted, by ultra-wealthy and powerful corporations.

“All progress in capitalist agriculture is a progress in the art, not only of robbing the worker, but of robbing the soil.” (Karl Marx)

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