Organization for Economic Cooperation and Development (OECD)

“The transition away from existing and new coal isn’t happening fast enough,” said one expert. “The more new coal projects come online, the steeper the cuts and commitments need to be in the future.”

By Kenny Stancil. Published 4-6-2023 by Common Dreams

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

To avert the worst consequences of the climate crisis, the world must stop building new coal plants and shut down existing ones at nearly five times the current rate.

That’s according to an analysis published Wednesday by Global Energy Monitor (GEM) and nearly a dozen other groups, including Reclaim Finance, the Sierra Club, and the Alliance for Climate Justice and Clean Energy.

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Applauding African nations that led the new resolution, one activist argued that “shifting power from the OECD is paramount to end the exploitation and plunder of developing countries.”

By Jessica Corbett Published 11-23-2022 by Common Dreams

Tax justice campaigners have rallied around a United Nations resolution—adopted on November 23, 2022—that could lead to a U.N. tax convention. (Photo: Global Alliance for Tax Justice/Facebook)

Tax justice advocates around the world on Wednesday celebrated the unanimous adoption of a resolution to “begin intergovernmental discussions in New York at United Nations Headquarters on ways to strengthen the inclusiveness and effectiveness of international tax cooperation.”

The U.N. General Assembly (UNGA) resolution on the “promotion of inclusive and effective international tax cooperation at the United Nations” was spearheaded by the African Group—which is composed of the continent’s 54 member states—and comes after about a decade of delays on the topic at the Organization for Economic Cooperation and Development (OECD). Continue reading →

Occupy World Writes

The Movement Continues – Globally

Tag Archives: Organization for Economic Cooperation and Development (OECD)

Global Coal Phaseout Must Speed Up to Avert ‘Climate Chaos’: Analysis

“The transition away from existing and new coal isn’t happening fast enough,” said one expert. “The more new coal projects come online, the steeper the cuts and commitments need to be in the future.”