Corporations

Exxon Scientists Accurately Forecast Climate Change back in the 1970s – What if it hadn’t been Covered up and We had Acted

By John Grant, Sheffield Hallam University | – Writers of speculative- and science-fiction often identify a key point in time and explore how a seemingly insignificant event might change the path of humanity. One of these moments came in the 1970s when oil giant Exxon chose to ignore its own commissioned research on the impact […]

Corporations

Southwest’s Meltdown: Stock Buybacks, High Exec Pay, and Neglected Software Upgrades

Sam Pizzigati

() Inequality.org) – For America’s rich and powerful, the new year is beginning in a most inauspicious fashion. Millions of Americans are once again fuming at the greed and grasping of our deepest pockets. That fuming — from would-be passengers of Southwest Airlines and their families — filled airports throughout this past holiday week. For […]

Climate Crisis

Secret Files reveal how UN Climate Advisers ‘greenwashed’ for BP

Open Democracy

By Lucas Amin and Ben Webster | – ( OpenDemocracy.net) – The PR firm advising the UN on climate change campaigns has been accused by US lawmakers of helping BP “greenwash” its fossil fuel investments, openDemocracy can reveal. Internal BP documents released to the US House of Representatives Oversight and Reform Committee and published last […]

Climate Crisis

G7 Industrialized Democracies Establish Climate Club with Focus on Industry Decarbonization

Julian Wettengel

By Julian Wettengel | – ( Clean Energy Wire ) – The G7 group of influential economies have set up an international climate club to support the implementation of the Paris Climate Agreement, with a focus on pushing the climate-friendly transition of the industry sector. The club is open to other countries and aims to […]

Corporations

Congress Has No Business Shoveling Another $847 Billion Into the Military Industrial Complex

OtherWords

By Lindsay Koshgarian | – ( Otherwords.org ) – Can you imagine the audacity to fail a multi-trillion dollar audit of public funds, and then ask for even more of those taxpayer dollars? Pentagon leaders just did exactly that. This month news broke that the agency once again failed to pass a basic audit showing […]

Carbon Footprint

G20 still paying Billions in Fossil Fuel Subsidies

China Dialogue

By Catherine Early | – ( China Dialogue) – The Group of 20 is an intergovernmental forum of 19 countries and the European Union. These include most of the world’s largest economies, including those of many developing nations, and together account for over 80% of world GDP. Subsidies to the sector had fallen to $147bn […]

Corporations

Parasitic Private Equity is Consuming U.S. Health Care from the Inside Out

F. Douglas Stephenson

Gainesville, Fl. (Special to Informed Comment) – Private equity has succeeded in depicting itself as part of the productive economy of health care services. even as it is increasingly being recognized as being parasitic. The essence of this toxic parasitism is not only to drain the host’s nourishment, but also to dull the host’s brain […]

Climate Crisis

COP27: how the Fossil Fuel Lobby Crowded out Calls for Climate Justice

The Conversation

By Alix Dietzel, University of Bristol | – COP27 has just wrapped up. Despite much excitement over a new fund to address “loss and damage” caused by climate change, there is also anger about perceived backsliding on commitments to lower emissions and phase out fossil fuels. As an academic expert in climate justice who went […]

Climate Crisis

COP27 Climate Summit sparks Action Against Investment Treaties Favoring Fossil Fuel Corporations Over People and Planet

Inequality.org

By Manuel Pérez-Rocha | – ( Inequality.org ) – Regarding the global climate negotiations in Egypt, several countries announced important actions to curb the power of the fossil fuel industry. For decades now, a global web of international investment agreements has given corporations excessive powers to block government policies they don’t like. Through “investor-state dispute […]