Your Taxes Subsidize Dirty Oil Corporations By $5.3 TRILLION
Source via trueactivist.com A recent paper released by the International Monetary Fund (IMF) should shock all of us who believe in a green future based on renewable energy.
Despite stark warnings from scientists, fossil fuel subsidies continue to grow: this year alone, it is estimated that dirty coal and energy corporations will receive a staggering $5.3 trillion from governments worldwide.
To put this into perspective, the sum is more than the healthcare budget of all the countries in the world combined. It works out at $600 million per hour, $10 million per minute, and $200,000 per second. Just imagine what we could do with that kind of money.
If capitalist agro business could be abolished then the climate crisis could be solved and food production increased, just by changing our farming methods to lock carbon into the soil.
The Soil Solution to Climate Change… Film Review
This informational film, based on the French 4 per 1,000 initiative, proposes an ancient form of carbon sequestration* as an alternative to risky technological methods of carbon sequestration. There is strong scientific consensus that to prevent catastrophic global warming, atmospheric CO2 levels must be reduced from 400 parts per million (ppm) to 350 ppm.
A Native American leader asked thousands of protesters to return home, but many protesters chose to stay, sceptical of government’s decision to refuse permission for the controversial oil pipeline project. [Avery White/Al Jazeera]
As winter rages over the Dakotas and temperatures plummet below freezing, NoDAPL protest movement members hold ground.
by Avery WhiteStanding Rock Indian Reservation, When word came down from the Army Corps of Engineers to the Oceti Sakowin camp that the Dakota Access Pipeline (DAPL) had been denied the final easement to drill below the Missouri River, residents of the camp celebrated the victory with hundreds of veterans who had come to protect natives and their allies.While 21-year-old Sarah seeks refuge from the cold in her tent, she reflects on her life before Standing Rock. ‘I had no purpose before this. I was a walking zombie. Here, I actually feel alive, like I’m living. Once you come to Standing Rock, you can’t just go home to your regular life, watch TV, eat supper, go back to work.’ [Avery White/Al Jazeera]
NEW YORK CITY – President-elect Donald Trump announced on Saturday afternoon that he has selected ExxonMobil CEO Rex Tillerson as his Secretary of State nomination. 350.org Executive Director May Boeve issued the following reaction:
“This is unfathomable. We can’t let Trump put the world’s largest oil company in charge of our international climate policy. Tillerson may be a friend of Putin’s, but he’s no friend of the planet. ExxonMobil is still a leading funder of climate denial and is pursuing a business plan that will destroy our future. Tillerson deserves a federal investigation, not federal office.
We’ll be pressuring Senators to turn the confirmation process into a hearing on ExxonMobil’s history of climate deception. If Exxon is found guilty of working with other oil companies to deceive the public and their shareholders about the threat of climate change, they could be on the hook for fraud and racketeering charges. It would be the largest corporate scandal in history and could not only stop Tillerson’s appointment, but take down the entire company. Continue reading Exxon’s top Climate Murderer to be Secretary of State: 350.org comment→
Sajid Javid has overturned Lancashire council’s rejection of a fracking site, paving the way for shale company Cuadrilla to drill in the county next year and provoking outrage from local groups, environmentalists and politicians.
The council cited visual impact and noise when it turned down the company’s two planning applications to frack on the Fylde last year, but a month later Cuadrilla submitted an appeal.
On Thursday, the communities secretary, Javid, said he had accepted the appeal for one of the sites, at Preston New Road. The move marks a major step up in the scale of exploratory fracking in the UK, as it green lights four wells compared to the single well approved for fracking in North Yorkshire earlier this year.
Protests continue near the Standing Rock camp at the Dakota Access Pipeline construction site in North Dakota despite the Justice Department’s order to stop construction on Army Corps of Engineer land. Twenty-one water protectors were arrested on Wednesday alone as militarized police with armored vehicles and shotguns descended upon peaceful protesters. The protesters were arrested for trespassing and resisting arrest, among other charges, Rob Keller of the Morton County Sheriff’s Department confirmed to Anti-Media.
For the first time, we can see the numbers on which the agreement depends, and their logic is inescapable. Governments can either meet their international commitments or allow the prospecting and development of new fossil fuel reserves. They cannot do both.