The trend in annual damages from global disasters is rising and almost broke $200 billion in 2012, according to World Bank figures released Monday. And three-fourths of the losses are due to extreme weather. The report, which makes the case for greater global investment in climate resiliency and disaster risk management, found that worldwide losses from such events have been steadily rising since at least 1980.
Organic Consumers Association, OCA, November 14, 2013
Recently Wikileaks offered a reward for the text of the secret Trans-Pacific Partnership (TPP). A people's hero must have stepped forward because today Wikileaks released the full text of the chapter on Intellectual Property Rights. Click here to see their report. The TPP has been kept secret by the Obama Administration for nearly 4 years because they know that if people find out what is in it, they will strongly oppose it.
In 2011, the top 11 richest carbon emitters spent an estimated $74 billion on fossil fuel subsidies, or seven times the amount spent on fast-track climate financing to developing nations, according to a recent report by the Overseas Development Institute. Worldwide, nations spent over half a trillion dollars on fossil fuel subsidies in 2011 according to the International Energy Agency (IEA). "The status quo encourages energy companies to continue burning high-carbon fossil fuels and offers no incentive to change," said the report's author Shelagh Whitley.
An international conference in Edinburgh aimed at conserving wildlife is coming under attack from campaign groups for trying to "sell off nature" to multinational corporations. The first World Forum on Natural Capital on 21-22 November is due to attract business and conservation leaders to debate how to give natural resources a monetary value to try and protect them. The first minister, Alex Salmond, will deliver a speech to delegates.
The cradle-to-grave cost to Canadian taxpayers to acquire new warships will exceed $100-billion, the federal government says – tens of billions of dollars more than Ottawa has previously disclosed. It is the first time the federal government has gone public with its best guess on the full life-cycle cost of up to 15 surface combat vessels. The political demand for transparency has changed in Ottawa since a controversy over the true cost of a plan to buy F-35 fighter jets, and the Harper government feels pressure to open the books.
In a speech last week, the Secretary General of the Organization for Economic Cooperation and Development (OECD) had a message for oil and gas investors: Their biggest risk isn't a spill or a blowout or a storm. And for countries deriving a large portion of revenue from oil and gas, it isn't the U.S. shale boom's competing with OPEC. Rather, it is stranded assets in a carbon-entangled world, according to OECD Secretary General Angel Gurría. It's also the biggest risk for any investor exposed to fossil fuels.
As global capitalist economic growth accelerates planetary ecological collapse, this article, originally published on November 10, 2013, argues that - impossible as it may seem at present - only the most radical solution - the overthrow of global capitalism, the construction of a mostly publicly-owned and mostly planned eco-socialist economy based on global "contraction and convergence," on substantial de-industrialization, on sharing, on much less work and much more play and on bottom-up democratic management - is, in fact, the only alternative to the collapse of civilization and ecolo
FIVE years ago the world was in the grip of a financial crisis that is still reverberating around the globe. Much of the blame for that can be attributed to weaknesses in human psychology: we have a collective tendency to be blind to the kind of risks that can crash economies and imperil civilisations. Today, our risk blindness is threatening an even bigger crisis. In my book The Energy of Nations, I argue that the energy industry's leaders are guilty of a risk blindness that, unless action is taken, will lead to a global crash – and not just because of the climate change they fuel.