Petroleum

Ann Arbor (Informed Comment) – At its meeting in Vienna yesterday, the enlarged “+” version of the Organization of Petroleum Exporting States (OPEC+) decided to increase output by only 100,000 barrels per day, a vanishingly small amount that will have no impact on lowering gasoline prices and which does US President Joe Biden virtually no […]

Climate Crisis

Angry White Guys in Big-Ass Pickups: Climate Change and Fragile Masculinity

Tomdispatch

By Stan Cox | – ( Tomdispatch.com) – In the United States during 16 months in 2020 and 2021, vehicles rammed into groups of protesters at least 139 times, according to a Boston Globe analysis. Three victims died and at least 100 were injured. Consider that a new level of all-American barbarity, thanks to the […]

Climate Crisis

The Enduring Tyranny of Oil: War, Inflation, and Soaring World Temperatures

Michael T. Klare

( Tomdispatch.com ) – It may seem hard to believe, but only 15 years ago many of us were talking confidently about “peak oil” — the moment of maximum global oil output after which, with world reserves dwindling, its use would begin an irreversible decline. Then along came hydraulic fracturing, or fracking, and the very […]

Climate Crisis

Climate Emergency: Iran’s Abadan hits unprecedented 126° F., as Gov’t Offices are forced to Close

Juan Cole

Ann Arbor (Informed Comment) – Iran International reports that a temperature of 126 degrees F. (52.2C) has been recorded in Abadan. It is the highest temperature officially recorded in that city in the 70 years official records have been kept. Globally, it is one of the the higher temperatures observed before the summer solstice since […]

Climate Crisis

European Parliament bans New Gasoline Cars in 13 Years for 449 Million People, to fight Climate Emergency and Russia

Juan Cole

Ann Arbor (Informed Comment) – Margaux Otter at L’Obs reports that on Wednesday, the European Parliament voted to ban the sale of new internal combustion engine (ICE) automobiles by 2035, only thirteen years from now. It is an epochal vote that aims at completely re-configuring the automobile industry in the 27-member European Union, with its […]

Climate Crisis

‘Open Your Hearts’: The Movements Taking Climate Action Where Leaders and Media Won’t

Foreign Policy in Focus

By Donna Katzin and William Minter | – ( Foreign Policy in Focus) – Media, politicians, and policymakers tend to focus on the most visible issues. The attention the war in Ukraine has received in the first half of 2022, for example, is unrivaled in the United States at least since the shock of 9/11 […]

Authoritarianism

Biden Reverses himself on Saudi “Pariah,” needing Riyadh’s Oil to Punish Putin for Ukraine

Juan Cole

Ann Arbor (Informed Comment) – President Joe Biden ran on making Saudi Arabia a “pariah,” given that the CIA accused Crown Prince Mohammed Bin Salman of authorizing the murder in 2018 of Washington Post columnist Jamal Khashoggi in the Istanbul Saudi consulate. Biden and a bipartisan majority in the US Congress were also upset about […]

Climate Crisis

Ukraine War: Europe declares Independence of Russian Petroleum, Looks to Mass Transit, EVs to Achieve “Freedom” Goal

Juan Cole

Ann Arbor (Informed Comment) – France 24, with AFP, reports that the 27-member European Union succeeded on Monday in agreeing to a sixth round of boycott measures against Russia. Most importantly, Europe pledged immediately to halt two-thirds of all European purchases of Russian petroleum, and to halt 90% of such imports by the end of […]

Climate Crisis

Stubborn US, UK Oil Investments Expose Corporations, Investors to $1.7 Trillion in Stranded Assets

Sustainability Times

By Laureen Fagan | – ( Sustainability Times ) – Universities, governments, faith groups and others are changing their investment policies to better align with Paris Agreement climate goals, but they’re also doing so to limit the risk of financial exposure — and that’s been met with political pushback over stranded assets, particularly in Britain […]