COVID-19

By Jeremey Brecher - Labor Network for Sustinability, December 1, 2020

This commentary by Jeremy Brecher analyzes Joe Biden’s “Plan for Climate Change and Environmental Justice” released in August. The following commentary, “The Biden Climate Plan: Part 2: An Arena of Struggle,” will consider the struggles that are likely to emerge over what parts of the plan can and should be implemented. To read this commentary, please visit: this page.

By Belén Balanyá, Gaëtane Charlier, Frida Kieninger and Elena Gerebizza - Corporate Europe Observatory, December 2020

Industry’s hydrogen hype machine is in full swing. An analysis of over 200 documents obtained through freedom of information rules reveals an intense and concerted lobbying campaign by the gas industry in the EU. The first goal was convincing the EU to embrace hydrogen as the ‘clean’ fuel of the future. Doing so has secured political, financial, and regulatory support for a hydrogen-based economy. The second task was securing support for hydrogen derived from fossil fuels as well as hydrogen made from renewable electricity. Successful lobbying means the gas industry can look forward to a lucrative future, but this spells grave danger for the climate as well as the communities and ecosystems impacted by fossil fuel extractivism.

By Ryan Schleeter, Amy Moas, Ph.D., and Tim Donaghy, Ph.D. - Greenpeace, November 17, 2020

The economy we have today works for the 1%, not the 99%. The devastation wrought by COVID-19 in the United States—the death, anxiety, isolation, and instability—is the direct result of a system designed to concentrate power in the hands of a few. People are suffering and dying not only because of the virus, but because of the longstanding inequality and racism it has laid bare. This is the same system that has landed us in a climate and extinction crisis in which our very life support system—our planet—is under attack.

As we chart the course toward recovery, we must also confront these social, environmental, and economic injustices at their roots. The centuries-long era of racial capitalism[1]—the system under which wealthy white elites and massive corporations have controlled and exploited land, communities, and cultures to acquire power—must end.

Going back to normal is not an option. The past was not only unjust and inequitable, it was unstable. What we knew as “normal” was a crisis. We must reimagine the systems our country is built on from the ground up. We envision a world where everyone has a good life, where our fundamental needs are met, and where people everywhere have what they need to thrive.

Read the text (PDF).

By Ulrich Volz, Shamshad Akthar, Kevin Gallagher, Stephany Griffith-Jones and Jörg Haas - Heinrich Böll Foundation; the Center for Sustainable Finance at SOAS, University of London; and Boston University’s Global Development Policy Center , November 16, 2020

The report “Debt Relief for Green and Inclusive Recovery” published by the Heinrich Böll Foundation; the Center for Sustainable Finance at SOAS, University of London; and Boston University’s Global Development Policy Center proposes that low and middle-income countries with unsustainable debt burden receive substantial debt relief by public and private creditors, in order to provide fiscal space for investment in Covid-19-related health and social spending, climate adaptation and green economic recovery strategies. Private creditors participating in the debt restructuring would swap their old debt holdings with a haircut for new “Green Recovery Bonds”. 

This proposal goes further than the new common framework endorsed by the G20 and Paris Club last Friday, as it would ask for mandatory participation from the private sector. Second, it would include middle-income countries with unsustainable debt burdens. Thirdly, the proposed Debt Relief for Green and Inclusive Recovery Initiative is geared to achieving the Paris Agreement on climate change and the 2030 Agenda for Sustainable Development, which the common framework is not.

Governments receiving debt relief would need to commit firmly to reforms that align their policies and budgets with the 2030 Agenda for Sustainable Development and the Paris Agreement. For these countries to have continued access to international capital markets, any new debt issued by them could receive Brady-type credit enhancement – suitably adapted to current circumstances – in exchange for committing to Sustainable Development Goals-aligned spending items.

Read the text (PDF).

Read Background Briefing #2 (PDF).

By Lorenzo Feltrin - ROAR Magazine, November 16, 2020

The workerist environmentalism of Italy’s Porto Marghera group connects the workplace and the community in the struggle against capitalist “noxiousness.”

Amidst the renewed rise of obscene inequalities, a wave of protests is sweeping through Italy, from south to north. On the one hand, the pandemic has engendered an upsurge in workplace disputes to defend health and in mobilizations to protect the income of workers affected by COVID-19-related restrictions. On the other hand, however, we have also witnessed successful interventions coordinated by the right and infused with a bewildering array of conspiracy theories in response to such measures.

Different from the slogan that emerged at a mass demonstration in Naples on October 23, 2020 — “If you lock us down, pay up!” — the right-wing discourse does not ask for more collective and egalitarian forms of prevention. It demands instead that “the economy” be allowed to run smoothly. Nonetheless, the right-wing side of dissent appears to attract a significant working-class presence, as many workers — rightly concerned about the impact of months-long lockdowns on their livelihoods — find an answer in negating the gravity of the pandemic and of the environmental crisis more generally.

Since the beginning of the pandemic, Marxist commentators have underlined how the health crisis cannot be separated from the economic system that shapes our lives. This does not just concern inadequate healthcare systems: the very spillover of the novel coronavirus from non-human animals to humans was caused by the capitalist imperative to appropriate natural “resources” to safeguard the profit margins that drive the economy forward.

In a way, the pandemic is a global manifestation of the “jobs versus environment dilemma” and the related “job blackmail,” a situation in which workers are faced with a choice between defending their health and environment or keeping their jobs. There is no easy way out of this dilemma. However, the reflections developed some 50 years ago by a workerist collective mainly composed of workers employed in the highly toxic industrial complex of Porto Marghera in Venice, Italy could still provide a source of inspiration.

By the Glasgow Agreement - Common Dreams, November 16, 2020

Rather than plans dictated from the top—which have proven not only to be unfair and destructive, but not even reach the necessary emissions cuts—we will build a plan of our own, from below.

We are once again at a crossroads. The COP-26 in Glasgow has been postponed due to the Covid-19 pandemic, but the climate collapse may already be upon us, with warning signs coming simultaneously from all around the world: the forest fires in California, in the Amazon and Pantanal, the floods in Bangladesh and Afghanistan, the collapse in Greenland’s ice shelves. These are now weekly events. They are the most visible symptoms of an ill-fated system.

Institutions, ministries, sections, departments, treaties, protocols and agreements have been created and signed, but greenhouse gas emissions' records kept on being shattered, as a consequence of the systematic failure to address the root causes of the problem from a systemic perspective. The demand from the climate justice movement to join the dots between overlapping crises (environmental degradation, social injustice, racial oppression, gender injustice, inequalities) which have been going for decades now, keeps being ignored.

Achieving a just and egalitarian world, which respects planetary limits, and therefore guarantees a safe climate system, implies addressing intrinsic elements such as colonialism, labour, imbalance of power, participation, or the search for benefits for a few at the cost of the majority, just to mention a few aspects. Patches and empty speeches will still not work; there will always be an economic or financial justification to legitimize the polluters who have caused the problem.

To say that institutions have not delivered on the struggle against climate change may be the biggest understatement in human history. Emissions have not only not decreased in the necessary level to stop us reaching the point of no return, they have not decreased at all. Since the beginning of climate negotiations, emissions from fossil fuels have only dropped in the years of 2008 and in 2020. Neither happened because of climate action or institutional agreements, but due to capitalist and health crises.

By Eric Holt-Gimenez, Ph.D., Krista Marshall, Katia R. Avilés Vázquez, and Helda Morales - Science for the People, November 5, 2020

The fourth of a series of virtual teach-ins on A People's Green New Deal. For more information visit this page.

Related Science for the People Magazine article: A New Vision for American Agriculture: The Just and Equitable Transition Toward Agroecology, by Krista Marshall and Kelsey Brewer.

By Jeremey Brecher - Labor Network for Sustinability, November 4, 2020

As we enter an era of constitutional crisis, contested government, intensifying pandemic, and mass economic disruption, the future of democracy will depend on popular mobilization. The earlier commentary “Fighting the Great Depression – From Below” described the grassroots unemployed, self-help, labor, and other movements of the early years of the Great Depression. “The Unemployed vs. the Coronavirus Depression,” “Self-Help in the Coronavirus Depression,” “Striking in the Coronavirus Depression,” and “Workers vs. the Coronavirus Depression” described the recent stirrings of grassroots action for health and economic protections in the coronavirus era. This commentary examines the grassroots response to the coronavirus as a whole. An upcoming commentary will examine the role of people power in the period of turmoil that lies ahead. The latest from Jeremy Brecher. To read this commentary, please visit this page.

By Tahir Latif, Jonathan Essex, Robert Magowan, Sam Mason, and Jack Baart - PCS, Greenhouse, and Green New Deal UK, November 2020

This report considers the crisis in employment at Gatwick airport and in the surrounding areas as a result of the Covid-19 pandemic. It challenges a troubling perception - that ‘there is no work’. We examine the latent skills potential held by former aviation workers and propose a constructive, positive investment in quality, secure jobs - jobs that meet the present and future needs of communities and the environment.

This is just the outline of a proposal and an indication of the scale of opportunity and feasibility, to prompt discussion around Gatwick’s future and the need for a new way forward - with workers and the community in the driving seat. Building on a similar consultation undertaken by Platform, engaging North Sea Oil Workers about the prospect for a Just Transition from oil to renewable energy jobs, we envisage a process that enables airport workers to draft policy demands for a transition that works for them, and identify which of the jobs created by a Green New Deal they want to work in. We now welcome the opportunity to work with local stakeholders to take this plan further, and see a Green New Deal for Gatwick become a reality.

Download a copy of this publication here (PDF).

By Dan L. Wagner, Christopher Kuveke, Alan Zibel, and Lukas Ross - Bailout Watch, Public Service, Friends of the Earth, November 2022

The fossil fuel industry received between $10.4 billion and $15.2 billion in direct economic relief from federal efforts under President Donald Trump.

During a year of massive economic losses caused by climate change-driven wildfires and hurricanes, the U.S. government has sent billions in pandemic-related economic aid to the fossil fuel companies most responsible for catastrophic climate damage.

An analysis by BailoutWatch, Public Citizen, and Friends of the Earth reveals the fossil fuel industry received between $10.4 billion and $15.2 billion in direct economic relief from federal efforts under President Donald Trump to sustain the economy through the pandemic.

These direct benefits were magnified by indirect lifelines, most notably the implied seal of approval conferred on some companies’ debt when the Federal Reserve bought $432 million in oil and gas bonds from private investors on the secondary market. The Fed earlier signaled its support for the broader bond market, including junk-rated debt, by buying Exchange-Traded Funds that included $735.4 million of fossil fuel bonds.

By demonstrating its willingness to take on fossil fuel debt — and risky debt from any part of the economy — the Fed drew private investors back into a shaky market. This fueled a lending boom of more than $93 billion in new bond issuances by oil and gas companies since the Fed intervened in March — the fastest rate of energy bond issuance since at least 2010.

The Fed’s bond purchases, along with the new issuances they spurred, amounted to indirect benefits totaling $94.7 billion. Together with direct benefits worth up to $15.2 billion, likely more, the 2020 fossil fuel bailouts add up to $110 billion.

Read the text (PDF).