Category Archives: Economics

Global Temps Continue to Soar Upward as NOAA Confirms July 2019 Was Hottest Month Since Records Began in 1880

“We are seeing record after record after record.”

By Julia Conley, staff writer for Common Dreams. Published 8-15-2019

NOAA revealed Thursday that July 2019 was the hottest month on record since the U.S. government began recording temperature date in the lat 19th century. Photo: Martin/flickr

As climate scientists raise alarm over hotter and hotter global temperatures, a top U.S. weather agency reported on Thursday that July 2019 was the hottest month the planet has ever experienced since the government began recording global temperatures nearly 140 years ago.

NOAA’s monthly Global Climate Report revealed that last month the average worldwide temperature was 1.71 degrees Fahrenheit above the average temperature observed in the 20th century. Continue reading

Share

To Stave Off ‘Climate Disaster,’ 29 States and Major Cities Sue Trump EPA Over ‘Dirty Power’ Rule

“President Trump’s attempt to gut our nation’s Clean Power Plan is foolish. It’s also unlawful.”

By Jessica Corbett, staff writer for Common Dreams. Published 8-13-2019

Xcel Energy’s Sherburne County (Sherco) Generating Station, a coal-fired power plant, near Becker, Minnesota. Photo: Tony Webster/Wikimedia/CC

A coalition of 22 states and seven major American cities sued the Trump administration Tuesday over its repeal of the Obama-era Clean Power Plan and a replacement that critics have dubbed the “Dirty Power” rule.

The lawsuit (pdf), filed in the U.S. Court of Appeals for the District of Columbia Circuit, targets the administration’s so-called Affordable Clean Energy (ACE) rule, which eases restrictions on coal plants imposed by the Obama plan, the first national policy to limit power plants’ carbon emissions. Continue reading

Share

‘Gold Over Life, Literally’: How Trump Forced Reversal on Mining Project EPA Scientists Warn Could Destroy Alaskan Salmon Ecosystem

“This is one of the world’s most beautiful places, with a thriving salmon run, and now we’ll get some…gold.”

By Jon Queally, staff writer for Common Dreams. Published 8-10-2019

Salmon jumping falls in Alaska. “I was dumbfounded,” said one EPA insider after Trump officials reversed the agency’s opposition to the copper and gold mining project in Bristol Bay that scientists warn will devastate the salmon and the overall ecosystem. “We were basically told we weren’t going to examine anything. We were told to get out of the way and just make it happen.”Photo: David Jacob/flickr

“Gold over life, literally.”

That was the succinct and critical reaction of Canadian author and activist Naomi Klein to reporting on Friday that President Donald Trump had personally intervened—after a meeting with Alaska’s Republican Governor Mike Dunleavy on Air Force One in June—to withdraw the Environmental Protection Agency’s opposition to a gold mining project in the state that the federal government’s own scientists have acknowledged would destroy native fisheries and undermine the state’s fragile ecosystems. Continue reading

Share

Health and Labor Groups Sue Trump EPA for Refusal to Ban Pesticide Linked to Brain Damage in Children

“Farmworkers, families, and developing children must be safe from chlorpyrifos.”

By Jessica Corbett, staff writer for Common Dreams. Published 8-8-2019

The Environmental Protection Agency ended household use of chlorpyrifos in 2000 but still allowed famers to use it on crops, including corn. (Photo: Pixabay)

A coalition of health and labor organizations sued the Trump administration on Wednesday over the Environmental Protection Agency’s refusal last month to ban chlorpyrifos, a pesticide tied to brain damage in children.

Represented by nonprofit environmental legal firm Earthjustice, the 11 groups filed a petition for review (pdf) in the U.S. Court of Appeals for the 9th Circuit, challenging EPA Administrator Andrew Wheeler’s July decision to reject the call from environmental groups for a ban on the pesticide. Continue reading

Share

Bolstering Call to Expand Social Security, New Reporting Reveals How Corporations Are Offloading Pensions

Not only are pensions being offered less, existing pensions are being transferred to insurers, with employees suffering consequences

By Andrea Germanos, staff writer for Common Dreams. Published 8-7-2019

Economists “warn that rarely, if ever, can people replicate the security of a pension,” said Karen Friedman, executive vice president and policy director of the Pension Rights Center. (Photo: 401kcalculator.org)

New reporting showing companies’ scrapping of pension plans has gone into overdrive means that Social Security must be expanded, an advocacy group said Wednesday.

“Expanding Social Security is important for today’s retirees,” Social Security Works said in a tweet, “but even more important for tomorrow’s.

The shift from traditional pensions to 401(k) or similar retirement plans—a change panned as an inequality-fueling disaster—isn’t new. “But lately,” reported Axios, “those changes are happening even faster.” Continue reading

Share

As Rosselló Resigns, Renewed Protests Demand ‘Real and Radical Change’ Instead of Continued Austerity and Corruption

“We didn’t demand the resignation of a corrupted government, for having another equally corrupted. We are demanding a real alternative.”

By Julia Conley, staff writer for Common Dreams. Published 8-3-2019

Stepping down after mass protests over alleged corruption and leaked messages in which he denigrated women and LGBTQ people, Puerto Rican Gov. Ricardo Rossello appointed his secretary of state to succeed him—but elation over the success of the recent protests gave way to more demonstrations against the new governor.

Hundreds of Puerto Ricans marched to the governor’s mansion Friday night, decrying the appointment of Gov. Pedro Pierluisi as an illegitimate continuation of Rossello’s policies. Continue reading

Share

New BLM Appointee Brings Conflicts of Interest and Plans to Sell Off Public Lands to Agency Charged With Protecting Them

“It’s hard to imagine anyone in this position more dangerous than William Perry Pendley.”

By Julia Conley, staff writer for Common Dreams. Published 7-30-2019

Vermilion Cliffs National Monument in Arizona is among the public lands which could be threatened by the appointment of William Perry Pendley to oversee the Bureau of Land Management. (Photo: Bureau of Land Management/Flickr/cc)

Control over nearly 250 million acres of public lands was placed Monday in the hands of a former Reagan administration official who has argued that all federal lands should be sold to fossil fuel and other corporate interests in accordance with the goals of the signers of the Declaration of Independence.

Interior Secretary David Bernhardt appointed attorney William Perry Pendley as acting head of the Bureau of Land Management (BLM), sending fears throughout conservation groups that many of the country’s minerals and resources will soon be handed over to oil and gas companies. Continue reading

Share

Trump DOJ Denounced for Approving ‘Anti-Competitive, Anti-Consumer’ Merger of Sprint and T-Mobile

If the merger is allowed to move forward, critics warn, “consumers can expect to see higher prices, fewer choices, and less innovative offerings across the board.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-26-2019

As the Justice Department struck a deal with Sprint and T-Mobile on Friday, consumer advocates vowed, “we’ll continue to fight to stop this dangerous merger from going through.” Photo: Isriya Paireepairit/flickr

Consumer advocates decried the Department of Justice’s decision Friday to sign off on T-Mobile and Sprint’s proposed merger, warning that allowing the nation’s third- and fourth-largest wireless carriers to join forces will drive up prices and negatively impact low-income and marginalized communities.

In a statement, the DOJ announced that it had reached an agreement with five state attorneys general and the companies that makes the merger contingent on the divestment of “Sprint’s prepaid business, including Boost Mobile, Virgin Mobile, and Sprint prepaid, to Dish Network Corp., a Colorado-based satellite television provider.” Continue reading

Share

Critics Charge New Trump Plan ‘Recklessly Weakens Protections’ for What Remains of ‘Illegally Reduced’ Bears Ears Monument

“The Trump administration continues to prove its utter disregard of our public lands and outdoor heritage.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-26-2019

The Interior Department on Friday released its management plan for Bears Ears National Monument in southeastern Utah. (Photo: Bob Wick/Bureau of Land Management/Flickr/cc)

Conservation groups and congressional Democrats slammed the Trump administration Friday over its destructive new management plan for the “illegally reduced” Bears Ears National Monument in Utah.

In December of 2017, the administration provoked mass outrage with its decision to reduce Bears Ears by about 85 percent. The Bureau of Land Management—an agency of the U.S. Interior Department—published in the Federal Register on Friday a management plan for, as one critic put it, “the meager remnants of the original monument.” Continue reading

Share

‘This Is Not Normal’: Record-Smashing European Heat Wave Sparks Demands to Combat Climate Emergency

“The climate is changing. Use your voice, wallet, and votes to fight it.”

By Jessica Corbett, staff writer for Common Dreams. Published 7-25-2019

Heat records were smashed across Western Europe on Thursday. (Image: Copernicus Emergency Management Service)

Following days of warnings from meteorologists, temperatures soared to historic highs throughout Western Europe Thursday, eliciting impassioned demands for governments to take more ambitious action to combat the climate crisis.

Heat records were shattered Thursday in regions of Belgium, France, Germany, the Netherlands, and the United Kingdom. Continue reading

Share