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Public Finance for the Future We Want (Lavinia Steinfort and Satoko Kishimoto)

By Lavinia Steinfort and Satoko Kishimoto (editors) - Transnational Institute, June 2019

Do you wish to see regenerative, equitable and democratic economies, built with collective power? We believe it is not only necessary but also very possible.Today’s economic system, fueled by an extractivist logic and prone to crises, has reignited and enflamed old monsters of racism, misogyny and other forms of fear and hate. Economic alternatives are needed now more than ever.

This book is about financial alternatives, drawn from real-world examples. It highlights the kinds of models that could become the new normal, building the basis for a democratically organized and life-sustaining future.Before the 2008 global financial crisis, the mantra was ‘there is no alter-native’ to the extractive economic model that has fostered excessive inequality and ecological destruction. Post-crisis, big banks were rescued and the blame misdirected to public spending.

This justified evermore harsh austerity measures, reinforcing the story that the public sector must rely on private finance to solve these ‘collaterals’.More than 10 years later, we know that private finance has not only failed to address these problems, it has intensified them. Civil society needs to unite behind systemic solutions before another financial bubble bursts.

Read the report (PDF).

Internationalising the Green New Deal: Strategies for Pan-European Coordination

By Daniel Aldana Cohen, Kate Aronoff, Alyssa Battistoni, and Thea Riofrancos - Common Wealth, 2019

Climate politics are today bursting to life like never before. For four decades, market fundamentalists in the United States and United Kingdom have blocked ambitious efforts to deal with the climate crisis. But now, the neoliberal hegemony is crumbling, while popular climate mobilisations grow stronger every month. There has never been a better moment to transform politics and attack the climate emergency.

When the climate crisis first emerged into public consciousness in the 1980s, Margaret Thatcher and Ronald Reagan were consolidating a neoliberal doctrine that banished the most powerful tools to confront global heating— public investment and collective action.

Instead, neoliberals sought to free markets from democratically imposed constraints and the power of mass mobilisation. Thatcher insisted that there was no alternative to letting corporations run roughshod over people and planet alike in the name of profit. Soon, New Democrats and New Labour agreed. While the leaders of the third way spoke often of climate change, their actual policies let fossil capital keep drilling and burning. Afraid to intervene aggressively in markets, they did far too little to build a clean energy alternative.

Then the financial crisis of 2008 and the left revival that exploded in its wake laid bare the failures of the neoliberal project. An alternative political economic project is now emerging—and not a moment too soon. As the Intergovernmental Panel on Climate Change put it, keeping global warming below catastrophic levels will require “rapid, far-reaching and unprecedented changes in all aspects of society.” In other words: public investment and collective action.

Fortunately, movements on both sides of the Atlantic have been building strength to mount this kind of alternative to market fundamentalism. On the heels of Occupy Wall Street and Black Lives Matter, Bernie Sanders’s 2016 Democratic primary campaign breathed new life into the American left and its electoral prospects. Jeremy Corbyn’s election as leader of the Labour Party, spurred by a vibrant grassroots mobilisation, gives those of us in the U.S. hope: if New Labour could give way to Corbynism, surely Clintonism can give way to the left wing of the Democratic party. In the U.K., drawing on tactics from the Sanders campaign, Momentum has developed a new model of mass mobilisation to transform a fossilised political party. It’s restoring the dream that formal politics can be a means for genuinely democratic political organising. In turn, U.S. leftists are learning from Momentum’s innovations.

The vision of the Green New Deal that has taken shape in the United States in the past few months is in many ways a culmination of the U.S. left’s revival. The Green New Deal’s modest ambition is to do all that this moment requires: decarbonise the economy as quickly as humanly possible by investing massively to electrify everything, while bringing prodigious amounts of renewable power online; all this would be done in a way that dismantles inequalities of race, class and gender. The Green New Deal would transform the energy and food systems and the broader political economy of which they are a part.

Read the report (PDF).

18 Strategies for a Green New Deal: How to Make the Climate Mobilization Work

By Jeremy Brecher - Labor Network for Sustainability, 2019

The Green New Deal projects a broad vision of creating a climate-safe America through an economic and social mobilization on a scale not seen since the New Deal and World War II.

That mobilization can provide a historic opportunity to create millions of good, high-wage jobs, virtually eliminate poverty, provide unprecedented levels of prosperity and economic security, and counteract systemic injustices. So far discussion about the Green New Deal has rightly focused on values and goals. But there are many practical problems that will have to be solved as well.

The LNS discussion paper 18 Strategies for a Green New Deal: How to Make the Climate Mobilization Work lays out how the Green New Deal can realize its goals.

Read the report (PDF).

Manifesto for a new popular internationalism in Europe

By various - ReCommonsEurope, May 26, 2019

In the last ten years, popular anger has expressed itself without interruption against discriminatory and anti-democratic policies in favour of the rich and big companies - policies implemented by national governments and often coordinated by the European Union (EU). It has taken the form of initiatives by trade unions, but also by new movements such as ‘15M’ in Spain (also called in other countries the movement of the ‘Indignados’), the occupation of the squares in Greece and the huge demonstrations in Portugal in 2011, the movements against the “Loi Travail” (Labour law) in France and against the Water Tax in Ireland in 2016, the great demonstrations for autonomy and against political repression in Catalonia in 2017. Feminist struggles gave rise to the historic demonstrations in Poland (« Czarny Protest » against the anti-abortion law in 2017), Italy (« Non Una di Meno » movement since 2016), Spain (feminist general strike of 5 million people on the 8th March 2018), as well as a victory over the political influence of the Catholic Church in Ireland with the legalisation of abortion by referendum in May 2018, and are at last succeeding in imposing their centrality in all social struggles.

The year 2018 also saw the emergence of new social movements against the dominant economic and political order, with the movement against the « slavery law » (neoliberal reform of labour laws) in Hungary, the demonstration and development of the « Indivisible » antiracist movement in Germany, the Yellow Vests movement in France and French-speaking Belgium against unjust fiscal policies and the lack of democracy in political institutions. Nor should we forget the climate demonstrations, driven mainly by young people who have gone on strike in many countries, including Sweden, Denmark, Switzerland, Belgium, France and Great Britain. All these social movements, and others, have challenged the austerity measures and authoritarianism of the policies being implemented in Europe, by posing directly or indirectly the question of a radical alternative social project to capitalism, productivism, ecological devastation, racism and patriarchy. This Manifesto sees itself as an integral part these movements and shares their objectives: the struggle against all forms of domination, for universal rights, for equality and for a democracy to be invented – a democracy which would not stop at the gates of companies and the threshold of working-class areas, and which would necessarily be radically opposed to the logic of a capitalist system (whether the latter claims to be ‘protectionist’, and so against ‘foreigners’, or ‘liberal’) which is destroying social rights and the environment.

Read the report (PDF).

The Green New Deal: Realistic Proposal or Fantasy?

By Peter Hudis - New Politics, May 26, 2019

The Green New Deal (GND), drawn up by Congresswoman Alexandria Ocasio-Cortez and Ed Markey, is the most ambitious and comprehensive program to deal with climate change ever made by political representatives to Congress and the U.S. public. It calls for making dramatic changes within the next ten years to end our reliance on fossil fuels that are warming the planet at an alarming rate. But it is not only about curbing carbon dioxide (CO2) emissions: it is most of all a proposal to set us on a path of creating an ecologically sustainable society.

The GND lays out seven major proposals for ending U.S. society’s addiction to fossil fuels—the most destructive form of addiction known on this planet:

  • Dramatically expand existing renewable power sources and deploy new production capacity with the goal of meeting 100% of national power demand through renewable sources.
  • Building a national, energy-efficient, “smart” grid.
  • Upgrading every residential and industrial building for state-of-the-art energy efficiency, comfort and safety.
  • Eliminating greenhouse gas emissions from manufacturing, agricultural and other industries.
  • Eliminating greenhouse gas emissions from transportation and other infrastructure, and upgrading water infrastructure to ensure universal access to clean water.
  • Funding massive investment in the draw-down of greenhouse gases.
  • Making “green” technology, industry, expertise, products and services a major export of the United States, with the aim of becoming the undisputed international leader in helping other countries bringing about a global Green New Deal.[1]

These seven policy prescriptions are ambitious enough. Yet the GND goes further, by stipulating it “Shall recognize that a national, industrial, economic mobilization of this scope and scale is a historic opportunity to virtually eliminate poverty in the United States and to make prosperity, wealth and economic security available to everyone participating in the transformation.” It spells this out with eight specific proposals:

  • Provide all members of society the opportunity, training and education to be a full and equal participant in the transition, including through a job guarantee program to assure a living wage job to every person who wants one.
  • Diversify local and regional economies to ensure workers have the necessary tools, opportunities, and economic assistance to succeed during the energy transition.
  • Require strong enforcement of labor, workplace safety, and wage standards that recognize the rights of workers to organize and unionize free of coercion, intimidation, and harassment, and creation of meaningful, quality, career employment.
  • Ensure a “just transition” for all workers, low-income communities, communities of color, indigenous communities, rural and urban communities and the front-line communities most affected by climate change, pollution and other environmental harm including by ensuring that local implementation of the transition is led from the community level.
  • Protect and enforce sovereign rights and land rights of tribal nations.
  • Mitigate deeply entrenched racial, regional and gender-based inequalities in income and wealth (including, without limitation, ensuring that federal and other investment will be equitably distributed to historically impoverished, low income, de-industrialized or other marginalized communities).
  • Include measures such as basic income programs, universal health care programs and any others as the select committee may deem appropriate to promote economic security, labor market flexibility and entrepreneurship.
  • Deeply involve national and local labor unions to take a leadership role in the process of job training and worker deployment.

These eight proposals regarding full employment, universal health care, support for unions and marginalized communities, opposition to racial and gender-based discrimination, etc. may seem, on the surface, to have little to do with the GND’s central aim of radically reducing greenhouse has emissions within the next ten years. But in fact these eight proposals have a great deal to do with the seven that address ending reliance on fossil fuels. They are not some throw away meant to sneak a radical political agenda into an otherwise technical discussion of how to lower CO2 emissions. They are needed to wean U.S. society away from its addiction on fossil fuels.

The Pipeline Divide

By Gerard Di Trolio - Rank and File, May 23, 2019

Federal NDP leader Jagmeet Singh’s volte-face on liquified natural gas (LNG) projects in British Columbia is a welcome development. The policy reversal seems to stem from the recent victory of the Green Party in the Nanaimo-Ladysmith by-election on May 6 which saw the NDP lose a seat they previously held. Whatever the precise reason, the Federal NDP now has responded to the policy weakness they had with which that the Greens were able to outflank them from the left.

However, the protests at the Unist’ot’en Camp by members of the Wet’suwet’en Nation against the Coastal GasLink Pipeline should not be overlooked when it comes to bringing wider attention to the problems of LNG projects.

Singh’s new opposition to LNG is not without controversy from some of the NDP’s ostensible allies. B.C. unions whose members will work on the LNG pipeline are now going public with their displeasure with this policy change.

Leaders of Laborers’ International Union of North America (LIUNA) Local 1611 and International Union of Operating Engineers (IUOE) Canada, the unions that will be working on the project believe Singh is putting putting the jobs of their members at risk and that the Coastal GasLink Pipeline that will run from Dawson Creek to Kitimat has the “social licence” to go ahead.

But this is not the way for labour. The better approach is a  just transition, which seeks to build a green and sustainable economy where workers in carbon-intensive industries are not left behind, and which restructures the economy to also meet other social justice goals. If unions don’t step up and articulate a program for a green transition that is also a just transition then workers and everyone else who aren’t among the elite are going to be battered by climate change and by whatever responses that capital comes up with – like ignoring worker interests – once they realize they can’t ignore a warming planet any more.

Plan, Mood, Battlefield - Reflections on the Green New Deal

By Thea Riofrancos - Viewpoint Magazine, May 16, 2019

Climate scientists are beginning to sound like radicals.

The 2018 IPCC report concluded that “unprecedented changes across all aspects of society” would be needed to limit warming to 1.5 degrees Celsius. In its devastating report on the dire state of the planet’s ecosystems, the UN’s panel on Biodiversity and Ecosystem Services likewise called for, in the words of its chairperson, “fundamental, system-wide reorganization across technological, economic and social factors, including paradigms, goals and values.”

The first, and thus far only, U.S. policy initiative that addresses the severity of the crisis before us is the Green New Deal, introduced as a congressional joint resolution this past February. The resolution proposes, among other goals, decarbonizing the economy, investing in infrastructure, and creating dignified jobs for millions. And while this resolution is, from a planetary perspective, obviously limited by its domestic scale, transforming the U.S. along these lines would surely have global reverberations, for at least two reasons: the U.S. is a major impediment to global coöperation on climate, and political parties elsewhere in the world (e.g., the UK’s Labour Party and Spain’s Socialist Party) have already begun to adopt the Green New Deal as the frame for their own domestic policies.

After a few months of swirling discourse, we can begin to identify an emergent set of positions in the debate around the Green New Deal. The right-wing has resorted to classic red-baiting, decrying the nonbinding resolution as a “socialist monster,” a road to the serfdom of state planning, rationing, and compulsory veganism. The vanishing center is clinging tightly to its cozy attachment to a politics of triangulation: the Green New Deal is a childlike dream; serious adults know that the only option is to hew to the path of bipartisanship and incrementalism. The left, of course, knows that in the context of already-unfolding climate crisis, resurgent xenophobia, and the weakening hold on legitimacy of the neoliberal consensus, the real delusions are “market-driven” solutions and nostalgic paeans to American “norms and institutions.”

But on the left, too, there are criticisms, and outright rejections, of the Green New Deal (see here, here, here, and here). There is the charge that the Green New Deal, like the old New Deal, amounts to the state, qua executive committee of the bourgeoisie, rescuing capitalism from the planetary crisis it has created. In this rendering, rather than empowering “frontline and vulnerable” communities, as the resolution claims, the policy framework will amount to a corporate welfare windfall of investment opportunities lubricated with tax breaks and subsidies; public-private partnerships; infrastructure outlays that will stimulate real estate development; and, a jobs guarantee that will stimulate consumption—a win-win for the state and capital, but, by leaving the underlying, growth-addicted, model of accumulation untouched, a loss for the planet and the communities most vulnerable to climate crisis and eco-apartheid. There’s another twist. As sometimes the same analyses point out, this win-win-lose-lose scenario is itself based on a false understanding of contemporary capitalism. In a world of secular stagnation—declining profit rates, speculative bubbles, financialization, rentier-like behavior, and accumulation-by-upward-redistribution—the vampire-like quality of capital has never been more apparent. The notion that capital might, with a little inducement, suddenly overcome these tendencies and invest in productive activities is its own nostalgic fantasy.

Labor unions and green transitions in the USA

Reviewed by Valerie Lannon - Climate and Capitalism, May 10, 2019

Dimitris Stevis
LABOR UNIONS AND GREEN TRANSITIONS IN THE USA
Contestations and Explanations

ACW: Adapting Canadian Work, 2019

reviewed by Valerie Lannon

“Long term solutions require broader and public just transition policies and those can only be the result of strong political coalitions…. Such coalitions must and should include workers across the board – as well as other societal forces … nor can others speak for the workers affected.” —Dimitris Stevis

With interest growing in Green New Deals in various countries, and even talk, by Yanos Varoufakis and others, of an International Green New Deal, it is imperative that we consider the views of workers whose active, mass support is essential if any GND is to succeed.

In that context, this report, published by the Adapting Canadian Work and Workplaces to Respond to Climate Change program at York University in Toronto, is very timely. Dimitris Stevis of Colorado State University investigates how US unions have addressed climate change — and why and how their positions vary.

Extinction Rebellion Must Evolve to Tackle Our Systemic Climate Crisis

By Steve Rushton - Occupy.Com, May 9, 2019

The movement known as Extinction Rebellion (XR) has pushed climate change firmly into the British consciousness, clearing the political hangover left by the never-ending Brexit fog. But there are constructive critiques to this monumental, London-centred climate activism that bear mentioning. Namely, what does this movement need to do to gather enough popular support and halt the ongoing climate meltdown.

XR takes over London

For 10 days in April, Extinction Rebellion created headline disruption, taking over prominent sites across London, including Parliament Square. They demanded that the UK government "tell the truth" about the scale of the climate crisis; enact legally binding policies to reduce carbon emissions to net zero by 2025; and do both through a Citizens Assembly (more on citizens assemblies here).

People last month participated in the tens of thousands, and many of then were new to activism. Holding these sites created space for public assemblies and direct action. When police arrested activists – more than 1,000 in total – more came forward until jail cells were full. Actions went far beyond London, from road blocks in Brussels to stopping a coal train in Australia, and die-ins as well as other actions from India to South Africa to Seattle.

Pressure from XR made Labour table a motion in Parliament to declare a climate emergency. The Welsh assembly did the same just days before. Now, as XR expands its effective activism globally, it is worth asking: what does this movement need to do to stop the climate catastrophe?

Class, Empathy, and the Green New Deal

By John Russo - Working-Class Perspectives, May 6, 2019

The recent debate over the Green New Deal got me thinking about a lecture I gave in 2018 at the Columbia University Seminar on Energy Ethics. The faculty who attended were mostly environmental lawyers and scientists. I am neither. But they asked me to discuss “The Fragility of the Blue-Green Alliance” – not so much the formal partnerships between union and environmental groups but rather the complex challenges of bridging differences between workers and environmentalists. My remarks were informed by three things: Pope Francis’s Encyclical (2015) on the environment, Laudato Si; my research on working-class communities and economic change; and my frustration with the reporters, liberals, and environmentalists who show little understanding of the experiences of working people.

Our views on climate change reflect our social and economic positions, which in turn reflect multiple factors — class, race, ethnicity, gender, place, and religious and ethical frameworks.  Any discussion of climate change or environmental policies must acknowledge not only that individuals have different stakes in the environment and the economy but that sometimes, those stakes are themselves contradictory. Working-class people and their communities are harmed by both environmental and economic injustices, and they have few economic choices. Solutions that might seem obvious, like ending the use of coal, can come with real costs to workers and their communities, even as they address environmental injustices and climate change.

In talking with colleagues at Columbia, I drew on a local example, from an article in the New York Times, “How Skipping Hotel Housekeeping Could Help the Environment and Your Wallet.” The article described how hotels were promoting opting out of daily room cleaning as a sustainability program, because it reduced the hotels’ use of electricity, water, and chemicals. Customers could earn food and beverage credit by skipping housekeeping. But, I asked, sustainability for whom? As the Chicago Tribune reported in 2014, “green programs” like this were killing jobs and cutting wages as housekeepers lost tips and had to work harder, since fewer workers now had to clean rooms after guests left, but with the same hours as before.

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