The country's finance minister said that looming changes are bound to make the tax code "more progressive, efficient, fair, and also enough to guarantee social justice and economic efficiency."
Spain's leftist coalition government on Thursday announced a series of downwardly redistributive fiscal reforms—including a temporary "solidarity" tax on the nation's 23,000 wealthiest residents—that lawmakers hope will ease the cost-of-living crisis hurting millions of working people.
Interesting and troubling development for sure, but it's curious (and troubling) that the Johnstone makes no attempt to offer--or direct readers toward--an alternative analysis of the crimes of Stalinism, which I do not consider crimes of socialism/communism.
Costs, dangers, comparisons with renewables, the weapons connection, experiences in France and elsewhere--this is a very comprehensive, albeit brief examination the the nuclear power option.
"The study effectively warns that the planet already left a safe climate state when it passed 1 C of global warming." . . ." But current policies are actually set to result in about 2.6 C of warming. "
Sept. 11, 2022
2 of the tipping points at highest risk are in Canada
Current rates of global warming have already moved the world perilously close to several tipping points that could send key global weather systems into irreversible collapse, a significant study from Europe has found.
"People's misery makes capitalists' superprofit," said one critic as commodity traders make a killing off worldwide food and energy chaos.
Russia's war on Ukraine has wreaked havoc on global commodity markets, driving up energy and food prices and exacerbating hunger emergencies around the world.
"We're in a market where speculators are driving prices up."
"Fossil fuel subsidies are a roadblock to a more sustainable future," said the head of the International Energy Agency.
An analysis published this week found that government subsidies bolstering the production and consumption of coal, oil, and gas nearly doubled in 2021, even as climate scientists warned that fossil fuel development must be rapidly cut off if the international community is to have any hope of stopping runaway planetary warming.
No one, including the most bullish supporters of Ukraine, expect the nation’s war with Russia to end soon. The fighting has been reduced to artillery duels across hundreds of miles of front lines and creeping advances and retreats. Ukraine, like Afghanistan, will bleed for a very long time. This is by design.
This story was originally published by The Guardian and appears here as part of the Climate Desk collaboration.
U.S. and U.K. financial institutions have been among the leading investors in Russian “carbon bomb” fossil fuel projects, according to a new database of holdings from recent years.
The Inflation Reduction Act is being hailed by the mainstream climate movement, Congress members, and the media as the most important climate bill in U.S. history. That's a pretty low bar, and it says more about our government's long record of failure on climate than it does about whether this law can prevent dangerous temperature increases in coming decades.
Some strategic points are definitely overlooked in this article (including the need for democratic planning and the absolute requirement for international solidarity). But his emphasis on cooperatively prepping for capitalism’s systemic breakdown, already in progress, is often ignored by the rest of us.
- Gene McGuckin
