fossil fuel capitalism

By various - Climate Jobs NY, October 4, 2020

By various - Climate Jobs NY, October 2, 2020

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).

By Dharna Noor - Gizomodo, September 25, 2020

There’s a persistent conservative myth that the clean energy transition must come at the expense of employment. Nothing could be further from the truth, though. The Congressional resolution on a Green New Deal, introduced by Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey last February, includes a proposal guarantee employment to all those who want it. And increasingly, climate activists are focusing on the potential to create millions of good jobs in clean energy.

These pro-worker proposals—and the knowledge that it will take an economy-wide effort to kick fossil fuels and the curb to avert climate catastrophe—have won the platform support from swaths of the labor movement. Yet some powerful unions still oppose the sweeping proposal. The president of the AFL-CIO—the largest federation of unions in the U.S.—criticized the Green New Deal resolution, and heads of the Laborers’ International Union of North America, the United Mine Workers of America, and the International Brotherhood of Electrical Workers have outright opposed it. That poses a political roadblock to achieving the necessary transformation of the U.S. economy. 

“The Green New Deal movement needs broader support from the labor movement to be successful,” Joe Uehlein, founding president of the Labor Network for Sustainability and former secretary-treasurer of the AFL-CIO’s Industrial Union Department, said. “As long as labor isn’t a central player in this movement, they will they have the power to block pretty much anything. on Capitol Hill. They contribute in electoral campaigns. They’re a very powerful force.”

By Andrea Olive, Emily Eaton, Randy Besco, Nathan Olmstead, and Catherine Moez - Canadian Centre for Policy Alternatives, Fall 2020

If you woke up in southern Saskatchewan today, chances are it is windy, and the sun is shining. Regina and Saskatoon are among the sunniest cities in all of Canada, and southern Saskatchewan has some of the highest solar photovoltaic potential in North America (Government of Canada nd). It also has some of the highest wind energy potential on the continent (Saskwind nd). Yet there is little solar or wind energy production occurring in the province — indeed, at present, wind contributes 5% and solar contributes less than 3% of energy consumed. Instead, Saskatchewan is known as an oil and gas economy with a dependence on coal for electricity and a deep opposition to carbon pricing. While high oil prices and a shale oil revolution initially led to a “Saskaboom,” the tides have quickly turned. With the collapse in oil prices in 2014 and the COVID-19 crisis of 2019-2020, boom has turned to bust, and oil and gas communities are hurting.

The problems with a steady reliance on fossil fuels are twofold: economic and environmental. For starters, an oil and gas economy is a volatile economy. As COVID disruptions revealed, any shock to the system can devastate the industry. When demand fell — as airlines cancelled flights and people lived under lock-down — oil prices tumbled to $3.50 USD a barrel in April. Pumps across Saskatchewan went idle. Similar slumps were felt during the 2008 global recession and the 2014 global drop in oil prices. When government revenues are closely tied to oil and gas production the fear of the next bust is always — and rightfully — around the corner.

The environmental externalities of fossil fuels are also ever present. Greenhouse gas emissions from fossil fuels like oil, gas, and coal are the leading cause of climate change, including unpredictable weather patterns, such as extreme heat, droughts, and flooding. In 2017, Saskatchewan’s emissions were 75% higher than they were in 1990. Today, the province’s emissions per capita are the highest in Canada and among the highest in the world (UCS 2018).

Read the text (PDF).

By various - Climate Emergency Mobilisation Task Force, September 19, 2020

Antonia Juhasz interviewed by Amy Goodman- Democracy Now, September 2, 2020

AMY GOODMAN: Longtime Massachusetts senator and Green New Deal champion Ed Markey won his primary against challenger Congressmember Joe Kennedy III Tuesday, marking a victory for progressives and the first time a Kennedy has lost an election in the state of Massachusetts. Senator Markey secured 54% of the vote in a primary race seen by many as a showdown between the Democratic establishment and its new and growing progressive wing. House Speaker Nancy Pelosi endorsed Kennedy, while Markey had the support of New York Congressmember Alexandria Ocasio-Cortez and the youth-led Sunrise Movement. The Sunrise Movement tweeted in response to the victory, quote, “After winning elections across the country, you think we’re gonna stop now? They wish. We will protest outside the halls of Congress while our allies on the inside negotiate the Green New Deal,” they said.

This comes as Democratic presidential candidate Joe Biden said he would not ban fracking during a speech in Pittsburgh. A group of 145 organizations, including Sunrise Movement and Greenpeace, have released a letter calling on Biden to ban fossil fuel interests from his campaign and administration, if he wins. The letter reads, quote, “To advance environmental justice, you must stand up to fossil fuel CEOs, stop the expansion of oil, gas and coal production, and rapidly transition us away from fossil fuels,” unquote.

This comes as the global oil industry is in crisis with falling demand and crashing prices exacerbated by the coronavirus pandemic. Despite this, fossil fuel companies continue to pump out an excess of oil, much of it stored on tankers in the ocean. In May, as 390 million barrels of oil and gas sat in storage on the world’s oceans, Greenpeace activists sailed out along the San Francisco Bay, unfurling a banner saying “Oil Is Over! The Future Is Up to You.”

GREENPEACE ACTIVIST: I’m here in San Francisco Bay, where floating oil storage tankers are now idling, storing oil that no one wants and where we have nowhere to put.

AMY GOODMAN: Despite this, Congress has poured billions of dollars of COVID relief funds into bailing out the fossil fuel industry.

We go now to Boulder, Colorado, where we’re joined by Antonia Juhasz, an oil and energy reporter, a Bertha fellow in investigative journalism. And her recent cover story for Sierra magazine is “The End of Oil Is Near,” along with another report, “Bailout: Billions of Dollars of Federal COVID-19 Relief Money Flow to the Oil Industry.” She’s the author of several books, most recently, Black Tide: The Devastating Impact of the Gulf Oil Spill.

By staff - FracTracker and Breathe Project, September 2020

Straight Talk on the Future of Jobs in Pennsylvania (September 2020):

The Breathe Project and FracTracker Alliance have crafted the following messaging for refuting the conflated job numbers being touted by pro-fossil fuel organizations and political candidates regarding fracking and jobs in Pennsylvania that, in some cases, has inflated natural gas jobs in the state by 3500 percent.

Read the text (PDF).

By Cynthia A. Williams - Canada Climate Law Initiative, September 2020

By David Tong, et. al. - Oil Change International, September 2020

As oil and gas companies claim to be part of the solution of the climate crisis, the reality couldn’t be more different. Our new discussion paper analyzes the current climate commitments of eight of the largest integrated oil and fossil gas companies, and reveals that none come close to aligning their actions with the urgent 1.5°C global warming limit as outlined by the Paris Agreement.

This discussion paper measures oil and gas company climate plans against ten minimum criteria, focusing on the ambition, integrity, and ability necessary to implement a just transition and achieve a 1.5°C aligned managed decline of oil and fossil gas. Focusing on the oil majors, BP, Chevron, Eni, Equinor, ExxonMobil, Repsol, Shell, and Total, we find that only one company has committed to cutting oil and gas production over the next decade, and even that pledge (BP’s stated commitment to cut production by 40% by 2030) excludes around a third of the oil and gas it invests in extracting via its major share in oil giant Rosneft. Below is a summary table of these criteria included in the discussion paper.

Read the text (PDF).