Tag Archives: Capitalism

Panama Canal drought: Rolling ecological crisis is raising prices everywhere

Climate change and El Niño are causing global shortages of everything from Barbie dolls to natural gas

By James Meadway. Published 9-21-2023 by openDemocracy

The Agua Clara (Clear Water) Locks at the Atlantic (Caribbean Sea) end of the canal. Photo: Dan Lundberg/flickr/CC

It’s been another summer of extreme weather and the relentless drumbeat of climate change syncopating with the warm-water Pacific Ocean cycle of El Niño has reverberated across the globe.

Floods in the Balkans and North Africa have killed thousands, wildfires have raged across much of the Mediterranean, India’s rice crop has been hit by drought and Canada’s wheat harvests by floods. Meanwhile, in Central America, the driest weather in decades is menacing one of the most important transport arteries on earth.

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With Alito’s Billionaire Patron Holding $90 Million in Finance Firms, Watchdog Demands Recusal From CFPB Case

“Should Justice Alito preside over this case despite his clear conflicts of interest, it would add to the worsening Supreme Court corruption crisis and underscore the urgent need for ethics reform,” said one critic.

By Julia Conley. Published 9-18-2023 by Common Dreams

Samuel-Alito. Screenshot: Conversations with Bill Kristol

Anti-corruption watchdog Accountable.US on Monday said there is a clear need for U.S. Supreme Court Justice Samuel Alito to recuse himself from an upcoming court case regarding the Consumer Financial Protection Bureau, as a new analysis revealed the extent of one of his key associate’s financial interests in the case.

The group released new data showing that hedge fund manager Paul Singer holds at least $90 million in financial firms overseen by the CFPB, which was established in 2011 through the Dodd-Frank Wall Street Reform and Consumer Protection Act and has since provided $16 billion in financial relief to defrauded consumers and ordered companies to pay $3.7 billion in penalties.

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Carbon markets that benefit the West will not solve Africa’s climate crisis

Western interests dominated the Africa Climate Summit. Time for African nations to put themselves first

-By Claire Nasike and Peter Osogo Published 9-15-2023 by openDemocracy

The First Africa Climate Summit was held at the Kenyatta International Convention Center in Nairobi, Kenya on September 6 2023. Photo: Paul Kagame/flickr/CC

The Africa Climate Summit 2023 in Kenya last week united African leaders for a discussion on the climate crisis, with a specific focus on Africa and its policy stance ahead of COP28 in Dubai.

One would have expected African leaders to propose sovereign solutions to the challenges faced by their countries. These include recurrent hunger, flooding, drought, resource exploitation, water and soil pollution, and control of food systems by Western corporations.

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Actions Across US Urge Biden to End ‘Cruel’ Immigration Detention and Deportations

Our tax dollars need to be used to strengthen our families and communities and uphold our human rights, not for the militarization of our beloved borderlands,” said one activist.

By Brett Wilkins. Published 9-15-2023 by Common Dreams

Migrant rights advocates rally outside the White House in Washington, D.C. on September 15, 2023. Photo: SBCC/Twitter

A coalition of over 80 advocacy groups on Friday co-sponsored demonstrations in eight U.S. states and Washington, D.C. as part of a national day of action demanding the Biden administration close all federal immigration detention centers, release all migrants in custody, and end deportations.

Throughout his campaign, President Joe Biden “pledged to create an immigration system that is just and humane, including ending for-profit immigration detention,” the coalition—which is organizing under the Defund Hate and Communities Not Cages banners—said in a statement.

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Complying With Right-Wing Supreme Court, Biden EPA Guts Wetland Protections

“Congress and local elected officials must now step in and do more to protect clean water through durable legislation and state-based action,” said one advocate.

By Julia Conley. Published 8-29-2023 by Common Dreams

Located on the western edge of Eugene, Oregon, the West Eugene Wetlands is a beautiful and rare area of grassland habitats. Comprised of less than one percent of the original native wet prairie, Photo: Bureau of Land Management Oregon and Washington/flickr/CC

Under a U.S. Supreme Court ruling condemned by clean water advocates earlier this year, the Environmental Protection Agency on Tuesday announced a revised rule that could clear the way for up to 63% of the country’s wetlands to lose protections that have been in place nearly half a century under the Clean Water Act.

EPA Administrator Michael Regan said he had been “disappointed” by the 5-4 decision handed down in Sackett v. Environmental Protection Agency in May, but he was obligated under the ruling to issue a final rule changing the agency’s definition of “waters on the United States.”

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Thousands Evacuated After Chemical Leak and Massive Fire at ‘Cancer Alley’ Oil Refinery

“Such events are an all-too-common and exceptionally dangerous reality for those living within fossil fuel and petrochemical ‘sacrifice zones,'” observed one researcher.

By Brett Wilkins. Published 8-25-2023 by Common Dreams

A massive plume of smoke—visible from outer space—billows from a burning storage tank at Marathon Petroleum’s Garyville, Louisiana refinery on August 25, 2023. (Photo: Mike Friloux/Facebook)

A mandatory evacuation was ordered for thousands of people living within a two-mile radius of a Marathon Petroleum refinery in Louisiana’s so-called “Cancer Alley” after a chemical leak and massive fire broke out at a storage tank there on Friday.

The temporary evacuation order, which Marathon Petroleum called “precautionary,” followed a leak of naphtha—a hazardous and highly flammable liquid hydrocarbon mixture—and blaze at the refinery in Garyville in St. John the Baptist Parish, located about 45 miles upriver from New Orleans.

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US Billboard Campaign Blasts Fossil Fuel Giants for Causing Extreme Heat

“From Alaska to Maui, our communities are struggling to survive the rapidly worsening impacts of the climate crisis, all the while, Big Oil is raking in billions at our expense.”

By Julia Conley. Published 8-24-2023 by Common Dreams

A billboard in Austin, Texas shows a U.S. map with high temperatures across the nation. (Photo: Fossil Free Media)

As about 111 million people in nearly two dozen states continued to face heat advisories, with temperatures reaching as high at 115°F in some cities, the nonprofit media lab Fossil Free Media unveiled a multicity campaign with one simple goal: ensuring that all Americans understand that the intense heatwaves across much of the country this summer have not been a natural phenomenon, but the result of continued fossil fuel extraction.

Starting Thursday drivers along stretches of highway in Phoenix, Arizona; Austin, Texas; and Fresno, California will pass by prominent billboards displaying a map of record-breaking temperatures that have been recorded across the U.S. this summer.

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UPS Teamsters Overwhelmingly Approve ‘Historic’ New Contract, Averting Strike

“This is the template for how workers should be paid and protected nationwide, and nonunion companies like Amazon better pay attention,” said Teamsters president Sean O’Brien.

By Brett Wilkins. Published 8-22-2023 by Common Dreams

In Canarsie, Brooklyn, UPS Teamsters from Local 804 rallied in front of a UPS Customer Center on April 21. Photo: Peoples Dispatch

United Parcel Service workers in the International Brotherhood of Teamsters on Tuesday overwhelmingly ratified what the union called “the most historic collective bargaining agreement in the history of UPS,” avoiding what experts said would have been a crippling strike.

Teamsters members voted by 86.3% to approve the new tentative contract, which raises wages for full- and part-time workers, creates more full-time jobs, and secures “important workplace protections, including air conditioning.”

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A ‘Landmark Victory’ for Consumers and Climate as California Passes Big Oil Price Gouging Law

“Whether it’s price gouging at the pump or drilling in people’s backyards, Big Oil’s days of harming our health and our pocketbooks must end,” said one advocate.

By Brett Wilkins.  Published 3-28-2023 by Common Dreams

A pump in Gorda, California in 2021. Screenshot: KSBW

Climate and consumer advocates on Tuesday hailed California lawmakers’ passage of legislation aimed at tackling Big Oil price gouging as the proposal headed to the desk of Democratic Gov. Gavin Newsom, who said he will sign the measure into law.

The California Assembly voted 52-19 on Monday in favor of S.B. X1-2—authored by state Sen. Nancy Skinner (D-9)—which will empower the California Energy Commission (CEC) to impose profit caps and penalties on refiners and create an intra-agency watchdog tasked with conducting greater oversight of fossil fuel companies to minimize profiteering. Continue reading

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Seniors to Bolster Youth-Led Climate Strikes With Day of Action Against Dirty Banks

“We have to show young people we have their back,” said veteran climate advocate Bill McKibben.

By Julia Conley.  Published 3-20-2023 by Common Dreams

Day of Action artbuild in North Carolina. Photo: Third Act/Twitter

Determined not to leave all the responsibility for climate action with young campaigners like Greta Thunberg and the Sunrise Movement, older Americans are organizing a nationwide Day of Action planned for Tuesday, with the aim of wielding the relative political and economic power of people aged 60 and up to pressure big banks to stop funding fossil fuel projects.

Following actor and activist Jane Fonda’s “Fire Drill Friday” protests that began in Washington, D.C. in 2019, longtime climate advocate Bill McKibben founded Third Act last year to mobilize older Americans who wanted to show solidarity with the Generation Z activists leading worldwide climate protests in recent years. Continue reading

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