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Carbon Bubble News #110

Compiled by x344543 - IWW Environmental Unionism Caucus, June 29, 2016

A supplement to Eco Unionist News:

Lead Stories:

Other Carbon Bubble News:

Utility Death Spiral News:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC; Hashtags: #greenunionism #greensyndicalism #IWW. Please send suggested news items to include in this series to euc [at] iww.org.

Divestment Done! and Divestment To Do: the Norwegian Government Pension Fund and Coal

By Heffa Schücking - Urgewald, Future in our hands, and Greenpeace Norway, Summer 2016

(in 2015), the Norwegian Parliament took a historic decision to move the Government Pension Fund Global (GPFG) out of thermal coal. The Parliament determined that companies should be excluded if they “base 30% or more of their activities on coal, and/or derive 30% of their revenues from coal.”1Thiswas an important break-through as the 30% threshold established a new benchmark for divestment actions of large investors. Only months after the Norwegian decision, the world’s largest insurance company, Allianz, undertook a coal divestment action of its own based on the GPFG’s 30% threshold.2And other investors such as KLP and Storebrand, which had already undertaken divestment actions, have now tightened their thresholds to keep up with the trail blazed by the Norwegian Parliament.

This briefing provides a “snapshot” of how the world’s largest coal divestment action (was progressing by 2016). To this end, we have analyzed the GPFG’s holdings list from December 31st 2015 as well as the implementation guidelines laid out by Norway’s Finance Ministry. Although the divestment action is not due to be completed until the end of 2016, we wish to draw attention to some weaknesses that could diminish the scope and impact of the Storting’s decision if they are not addressed.

Read the text (PDF).

Carbon Bubble News #109

Compiled by x344543 - IWW Environmental Unionism Caucus, June 21, 2016

A supplement to Eco Unionist News:

Lead Stories:

Other Carbon Bubble News:

Utility Death Spiral News:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC; Hashtags: #greenunionism #greensyndicalism #IWW. Please send suggested news items to include in this series to euc [at] iww.org.

Carbon Bubble News #105

Compiled by x344543 - IWW Environmental Unionism Caucus, May 25, 2016

A supplement to Eco Unionist News:

Lead Stories:

Other Carbon Bubble News:

Utility Death Spiral News:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC; Hashtags: #greenunionism #greensyndicalism #IWW. Please send suggested news items to include in this series to euc [at] iww.org.

A Just Transition: Break Free

By John Paul Wright - RailroadMusic.Org, May 17, 2016

There is a suggestion called a Just Transition that is floating around parts of the labor and environmental communities. To fully understand this term, we as workers, community members, union members and activists would need to explore,

  1. What we used to have.
  2. When and how we transitioned historically.
  3. Where we want to go.

In 1803, President Thomas Jefferson, shortly after the Louisiana Purchase, commissioned a U.S Army expedition called the Corps of Discovery. The task was to map and claim the west before Britain and other European powers tried to claim it. Part of the mission was to find a water transportation route to the Pacific Ocean. In 1805, the Lewis and Clark expedition set sight on the Pacific Ocean. After finding no direct water route, they returned to St Louis in 1806. it took industry and the U.S Government sixty-four years after Lewis and Clark returned, to connect the nation by rail, from sea to shining sea.

In 1869, Leland Stanford, railroad baron and co-founder of Stanford University, drove the “golden spike” that connected the rails of the first transcontinental railroad. The railroad spike sits in the Cantor Arts Center at Stanford University. Before the spike was driven into the ceremonial railroad cross tie at Promontory Point, Utah, the United States had not yet been connected, ocean to ocean with a transportation policy.

As the railroad companies grew and people moved at speeds never before traveled across land, small communities were rapidly becoming connected to larger markets. Farming communities had access to rail transportation and industries popped up in the railroad towns. In 1913, Ford starts mass production on his first assembly line. On June 29th, 1956, the National Interstate and Defense Highways Act was enacted. It took industry 43 years to get a policy in place, that would give the automobile industry the green light to further transition this country from rail transportation of people, to personally owned vehicles.

The trucking industry was born, the railroad transitioned from steam to diesel fueled locomotives. The movement of industrial commodities replaced the passengers that were owning personal transportation. The nation’s population rapidly grew with the workers needed to build these new innovations and dreams. New industries were created with investment and taxation. The nation was more, so called secure, or was in a better position militarily, hence the name of the government policy that created the nation’s highway system.

Of course, this is a broad over simplification of many ideas, policies, historical facts and timelines. There were many other policies that were discussed and pitched. There were many laws, taxes and industrial failures and successes, as well as, iconic brands, dreams and ways of life that were transitioned or simply disappeared as one industry won favor over another.

Carbon Bubble News #104

Compiled by x344543 - IWW Environmental Unionism Caucus, May 17, 2016

A supplement to Eco Unionist News:

Lead Stories:

Other Carbon Bubble News:

Utility Death Spiral News:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC; Hashtags: #greenunionism #greensyndicalism #IWW. Please send suggested news items to include in this series to euc [at] iww.org.

Power Failure: Appalachia Plans for Life Beyond Coal

By Keith Griffith - Equal Voice News, May 3, 2016

Harlan County, Kentucky -- On his first shift in the coal mine, Brandon Farley closed his eyes to steady his nerves as the powered cart he was riding disappeared into the mountainside. A third-generation coal miner in this Appalachian corner of Eastern Kentucky, Farley began working in the mines right out of high school and kept at it for 15 years, until he was laid off in late February.

Farley, now 32 and a married father of two, worked his way up in the Appalachian coal mines to a job as an underground electrician, running the high voltage cables that power heavy, specialized equipment at the mining face. Mining is the only work he knows.

In 2010, Farley was working at the Abner Branch mine when the roof collapsed, killing his friend Travis Brock, who was 29. Farley escaped serious injury in his own years as a miner, but his hands bear a miscellany of scars from minor accidents. 

"The juice is worth the squeeze," he says, glancing at his palms with a chuckle. "I never did look at the dangers as much as I did the money."

The money, for a while, was very good. Farley was making $25 an hour in the mines. With plenty of overtime -- Farley often worked 60-hour weeks -- experienced miners like him routinely made $80,000 to $100,000 a year. In Harlan County, which has about 28,000 residents, the median household income is $25,000.

Over 50 years ago, in 1964, President Lyndon Johnson toured Appalachia to kick off his "War on Poverty." Harlan County's poverty rate, which tracks roughly with the region's, was then 55 percent. It remains more than double the national average, at 32 percent, although those numbers typically don't account for government transfer payments, such as Social Security, safety net and veterans' benefits. (In 2014, Eastern Kentucky received $13.4 billion in government entitlements, making up more than a third of the region's income.)

Though it's long been a region of economic hardship, Appalachian Kentucky now faces a crisis of alarming proportions. Since the end of 2008, the region has lost more than 10,000 coal mining jobs, a decline of more than two-thirds. Kentucky's coal production is now at its lowest level since 1954, according to the state government. Other coal mining regions have been hit by the national decline in coal production, but none as hard as this one.

Locally, the collapse of coal is often blamed on President Barack Obama and environmental safeguards, which some residents say are needed to protect water, air and families. "This all began when Obama started his 'war on coal' -- and he did," says Farley, the laid-off miner. "If they are gonna do away with coal, why not put

Experts believe that the coal industry's decline in Kentucky has more to do with the abundance of cheap natural gas and drastically cheaper coal from surface mines in Wyoming. Regardless, there is a growing sense in Harlan County that coal isn't coming back.

After his latest layoff, Farley is now reluctantly looking for other kinds of work. "That's all we ever done is mine coal, though," he says. "It's the best job I ever had."

Farley finds the prospect of taking a significantly lower-paying job unpalatable, though even finding one is a challenge. After getting career counseling from the Harlan County Community Action Agency, Farley applied for work with railroad shipper CSX. But coal makes up the bulk of CSX's shipping business, and the company announced new rounds of layoffs the week that Farley applied.

"It's strange to hear the lonesome horn of a train anymore," says HCCAA Executive Director Donna Pace. "Used to be, that's all you heard."

Carbon Bubble News #103

Compiled by x344543 - IWW Environmental Unionism Caucus, May 9, 2016

A supplement to Eco Unionist News:

Lead Stories:

Carbon Bubble News #102

Compiled by x344543 - IWW Environmental Unionism Caucus, May 3, 2016

A supplement to Eco Unionist News:

Lead Stories:

Other Carbon Bubble News:

For more green news, please visit our news feeds section on ecology.iww.org; Twitter #IWWEUC; Hashtags: #greenunionism #greensyndicalism #IWW. Please send suggested news items to include in this series to euc [at] iww.org.

Alpha, Arch, Peabody Energy: Bad Business Decisions are the True War on Coal

By staff - Public Citizen, May 2016

Over the past year, three of the United States’ major coal companies filed for bankruptcy: Alpha Natural Resources in August 2015; Arch Coal in January 2016; and Peabody Energy in April 2016.3 Although these companies and their trade association allies have often blamed environmental regulations for their precarious financial state, the truth is that debt-fueled acquisitions hobbled their finances at a time when market conditions were rapidly souring. Namely, Alpha Natural Resources, Peabody Energy, and Arch Coal bet big on future Chinese coal demand growth in 2011, going into debt to finance major expansions into metallurgical coal production during the year it was at peak price, only to see markets decline soon after the transactions were complete. At the same time, top executives were awarded record financial compensation, while slashing employee benefits and laying off workers.

Read the report (PDF).

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