You are here

capitalism, colonialism, and fascism

Workers and Just Transition: A Global View

By various - Labor Network for Sustainability, December 5, 2021

With the election of a President who acknowledges the threats of climate change and of ongoing economic devastation for working people, we have an opportunity to seriously address how to make a transition to a climate-safe, socially-just, worker-friendly society. The primary objective of the Just Transition Listening Project (JTLP) is to ensure workers and community voices are central to the conversation of a Green New Deal and other climate policies. 

On Saturday, Dec. 5 at 12 p.m. Eastern, the Labor Network for Sustainability and the JTLP Organizing Committee will bring together labor and policy leaders to share perspectives, stories, and strategies from the frontlines of the struggle for a just transition globally. This will be the sixth webinar in the JTLP series. In addition to the webinar series we conducted interviews with more than 100 community leaders and workers to learn of their experiences and perspectives on Just Transition. Our report from these interviews will be available in January.

From the experiences of metalworkers in South Africa to the coal miners in Spain, to workers across sectors in Latin America and across the world, the struggle for a just transition is truly global. In order to effectively address the worldwide transitions we are facing in our jobs, environments, and homes, we must demand a worldwide response. Join us on Saturday, Dec. 5 as we learn from each other and set the stage for finalizing and distributing our report to help us win the struggle to protect jobs, communities and the right to thrive as we work toward a society that is ecologically sustainable and just. 

The Hydrogen Hype: Gas Industry Fairy Tale or Climate Horror Story?

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.

Social Self-Defense Against the Impending Trump Coup

Climate Jobs and Just Transition Summit: Climate Change Racial Justice and Economic Justice

Not Zero: How ‘net zero’ targets disguise climate inaction

By staff - Act!onAid, et. al., October 2020

Far from signifying climate ambition, the phrase “net zero” is being used by a majority of polluting governments and corporations to evade responsibility, shift burdens, disguise climate inaction, and in some cases even to scale up fossil fuel extraction, burning and emissions. The term is used to greenwash business-as-usual or even business-more-than-usual. At the core of these pledges are small and distant targets that require no action for decades, and promises of technologies that are unlikely ever to work at scale, and which are likely to cause huge harm if they come to pass.

This joint briefing highlights concerns that many governments and corporations are jumping on the bandwagon and declaring “net zero” climate targets.

These announcements might sound like they signify ambitious climate action. But unfortunately, the “net” in “net zero” is being used to green-wash weak climate targets, and could end up driving huge land grabs, particularly in the global South.

Instead of accepting “net zero” targets at face value, civil society and media must scrutinise these announcements to assess whether they signify real climate action.

Read the text (PDF).

CalPERS Continues to Invest in Coal

By Robert Dam and Vanessa Warheit - Fossil Free California, September 2020

This 14-page report shows that CalPERS continues to hold millions in coal producers that make the majority of their revenue from thermal coal. In fact, CalPERS even increased its investments in Exxaro, a company that qualified for divestment in 2017 but was retained by CalPERS because they said they were investing more in green energy. But Exxaro’s modest clean energy initiatives are dwarfed by its current coal operations in South Africa, and by its intent to seek permits for a six-fold expansion of its coal mining, which could be a tipping point for the climate.

In recognition of coal’s outsized contribution to human-caused climate change, in 2015 California passed a law – SB 185 – requiring CalPERS and CalSTRS to divest from companies making 50% or more of their revenue from the mining of thermal coal.  A 50% share of revenue sets a very high bar that can be reached by only the small number of “pure-play” coal mining companies that remain in business.  Many investors, including BlackRock and the State of New York, define a “coal company” with a much lower threshold of 25% or even 10%.

If CalPERS coal holdings are analyzed more broadly, using the criteria of the Global Coal Exit List, it’s clear that CalPERS holds billions in coal – coal mining companies, coal-fired utilities, coal distribution and services, and large diversified companies with substantial coal operations. Instead of winding down its investments in coal, which was the intent of SB 185, CalPERS actually increased investments in coal by $1.5 billion dollars between 2018 and 2019, for a total of $6.5 billion throughout the whole coal value chain. 

CalPERS’ coal exclusion policy is weak compared to those of many other institutional investors. By failing to set a strong coal exclusion policy, CalPERS has already lost billions in absolute value on its coal investments, and the sector continues to decline. As New York State’s Tom DiNapoli said when he decided to divest 22 thermal coal companies, “After a thorough assessment, the fund has divested from 22 thermal coal mining companies that are not prepared to thrive, or even survive, in the low-carbon economy.”

Download (PDF).

The End of Oil Is Near: the pandemic may send the petroleum industry to the grave

By Antonia Juhasz - Sierra, August 24, 2020

This past spring, coastlines around the globe took on the feel of an enemy invasion as hundreds of massive oil tankers overwhelmed seaports from South Africa to Singapore. Locals and industry analysts alike used the word armada—typically applied to fleets of warships—to describe scenes such as when a group of tankers left Saudi Arabia en masse and another descended on China. One distressed news article proclaimed that a “floating hoard” of oil sat in tankers anchored across the North Sea, “everywhere from the UK to France and the Netherlands.” In April, the US Coast Guard shared an alarming video that showed dozens of tankers spread out for miles along California’s coast.

On May 12, Greenpeace activists sailed into San Francisco Bay to issue a challenge to the public. In front of the giant Amazon Falcon oil tanker—which had been docked in the bay for weeks, loaded up with Chevron oil—they unfurled a banner reading, “Oil Is Over! The Future Is Up to You.”

The oil industry has turned the oceans into aquatic parking lots—floating storage facilities holding, at their highest levels in early May, some 390 million barrels of crude oil and refined products like gasoline. Between March and May, the amount of oil “stored” at sea nearly tripled, and it has yet to abate in many parts of the world.

This tanker invasion is only one piece of a dangerous buildup in oil supply that is the result of an unprecedented global glut. The coronavirus pandemic has gutted demand, resulting in the current surplus, but it merely exacerbated a problem that’s been plaguing the oil industry for years: the incessant overproduction of a product that the world is desperately trying to wean itself from, with growing success.

Today, the global oil industry is in a tailspin. Demand has cratered, prices have collapsed, and profits are shrinking. The oil majors (giant global corporations including BP, Chevron, and Shell) are taking billions of dollars in losses while cutting tens of thousands of jobs. Smaller companies are declaring bankruptcy, and investors are looking elsewhere for returns. Significant changes to when, where, and how much oil will be produced, and by whom, are already underway. It is clear that the oil industry will not recover from COVID-19 and return to its former self. What form it ultimately takes, or whether it will even survive, is now very much an open question.

Under President Donald Trump, the United States has joined other petroleum superpowers in efforts to maintain oil’s dominance. While government bailout programs and subsidies could provide the lifeline the industry needs to stay afloat, such policies will likely throw good money after bad. As Sarah Bloom Raskin, a former Federal Reserve governor and former deputy secretary of the Treasury, has written, “Even in the short term, fossil fuels are a terrible investment. . . . It also forestalls the inevitable decline of an industry that can no longer sustain itself.”

In contrast to an agenda that doubles down on dirty fuels, a wealth of green recovery programs aim to keep fossil fuels in the ground as part of a just transition to a sustainable and equitable economy. If these policies prevail, the industry will rapidly shrink to a fraction of its former stature. Thus, as at no other time since the industry’s inception, the actions taken now by the public and by policymakers will determine oil’s fate.

The Greenpeace activists are right. Whether the pandemic marks the end of oil “is up to you.”

ReImagine Appalachia: a (Green) New Deal That Works for Us

By staff - ReImagine Appalachia, August 2020

Appalachians have a long history of hard work, resilience, and coming together to face enormous challenges. Our region is a place of ingenuity. A place where families and neighbors look out for one another.

Now is the time to put our ingenuity to use and imagine a 21st century economy that works for the people in the Ohio River Valley of Appalachia. An economy that is good for working people, communities, our health and the health of our neighbors. One that is grounded in the land and centered on creating wealth locally. One that relies on working people, already skilled in service, industry, trades and farming. One that offers hope to the next generation’s workers—regardless of the color of their skin, ethnicity or gender. And one that does our region’s part to meet the nation’s climate challenge, just as we met the call to provide coal energy to fuel a growing nation a century ago.

Right now, our nation is in crisis. We face the COVID epidemic, a deep economic downturn, extreme inequality, racism, police brutality, and the consequences of a changing climate such as severe storms and flooding. These crises demand from us real, lasting and structural change. It is not a matter of if, but when. When the nation rises to the occasion, people in Appalachia need to be at the table and helping to lead the charge. Together, we can build a vision for the Appalachia we want to live in.

Read the text (PDF).

Toward A Green New Future

By Thea Riofrancos and Daniel Aldana Cohen - Socialism 2020, July 26, 2020

Join Thea Riofrancos and Daniel Aldana Cohen for a discussion of the Green New Deal and the future we can build out of our crisis-ridden present. This event is part of the Socialism 2020 Virtual conference. See more at socialismconference.org.

Defending Tomorrow: The climate crisis and threats against land and environmental defenders

By staff - Global Witness, July 2020

For years, land and environmental defenders have been the first line of defence against climate breakdown. Yet despite clearer evidence than ever of the crucial role they play, far too many businesses, financiers and governments fail to safeguard their vital and peaceful work. 

The climate crisis is arguably the greatest global and existential threat we face. As it escalates, it serves to exacerbate many of the other serious problems in our world today – from economic inequality to racial injustice and the spread of zoonotic diseases.

For years, land and environmental defenders have been the first line of defence against the causes and impacts of climate breakdown. Time after time, they have challenged those companies operating recklessly, rampaging unhampered through forests, skies, wetlands, oceans and biodiversity hotspots.

Yet despite clearer evidence than ever of the crucial role they play and the dangers they increasingly face, far too many businesses, financiers and governments fail to safeguard their vital and peaceful work. 

Our annual report into the killings of land and environmental defenders in 2019 shows the highest number yet have been murdered in a single year. 212 land and environmental defenders were killed in 2019 – an average of more than four people a week.

Read the text (PDF).

Pages

The Fine Print I:

Disclaimer: The views expressed on this site are not the official position of the IWW (or even the IWW’s EUC) unless otherwise indicated and do not necessarily represent the views of anyone but the author’s, nor should it be assumed that any of these authors automatically support the IWW or endorse any of its positions.

Further: the inclusion of a link on our site (other than the link to the main IWW site) does not imply endorsement by or an alliance with the IWW. These sites have been chosen by our members due to their perceived relevance to the IWW EUC and are included here for informational purposes only. If you have any suggestions or comments on any of the links included (or not included) above, please contact us.

The Fine Print II:

Fair Use Notice: The material on this site is provided for educational and informational purposes. It may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. It is being made available in an effort to advance the understanding of scientific, environmental, economic, social justice and human rights issues etc.

It is believed that this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have an interest in using the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. The information on this site does not constitute legal or technical advice.