Climate activists block holes on Spanish golf courses over water use

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https://www.france24.com/en/live-news/20230702-climate-activists-block-holes-on-spanish-golf-courses-over-water-use

Madrid (AFP) – Climate activists said Sunday they had plugged the holes on 10 golf courses across Spain to protest at the sport’s excessive water usage as Europe lives through a severe drought.

Some activists blocked holes with cement while others filled the holes with seedlings, Extinction Rebellion said © Handout / Extinction Rebellion/AFP
Some activists blocked holes with cement while others filled the holes with seedlings, Extinction Rebellion said © Handout / Extinction Rebellion/AFP

Activists from Extinction Rebellion (XR) filled in the holes under cover of darkness in Barcelona, Madrid, Valencia, the Basque Country, Navarra and the Balearic Island of Ibiza to denounce “the waste of water during one of the worst droughts Europe has ever suffered”.

“Golf has no place in a world without water,” said a statement from the group, which uses direct action to underline its warnings about the dangers to the planet.

“Just one hole of a golf course consumes more than 100,000 litres of water a day to maintain the surrounding green,” XR said, citing figures from the Spanish NGO Ecologists In Action.

Experts say parts of Spain — which is the world’s biggest exporter of olive oil and a key source of Europe’s fruit and vegetables — are the driest they’ve been in a thousand years, with the prolonged drought depleting reservoirs to half their normal capacity.

Extinction Rebellion said it was part of a series of international protests “targeting the richest 1 percent of the population” through their golf courses, private jets and high-end cars to make clear that “the rich and their leisure activities that waste essential resources are a luxury we cannot afford”.

It should be clear – if you bother to engage your brain – that the climate crisis is already affecting inflation and the cost of living crisis. Less precipitation (rain) and disrupted weather [patterns] through climate change mean less crops and increased prices in the supermarket for your fruit and veg, vegetable and olive oil, all those goods made from wheat, corn, beans, etc. The Capitalists will tell you it’s all because of the war in Ukraine. Bollocks, climate change is adversely affecting crops everywhere, Ukraine is not the only place growing crops. Climate change is affecting everyone now.

It’s also noted that the rich are specifically addressed targeted.

Related: Climate change crisis: Golf courses on borrowed time as Earth’s weather patterns become wilder

Continue ReadingClimate activists block holes on Spanish golf courses over water use

Labour led by right-wing illiberal group engaged in witch-hunt says MP

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dizzy: This is not news to anyone who has been paying attention.

Image of Labour Party Dictator Keir Starmer.
Image of Labour Party Dictator Keir Starmer.

KEIR Starmer’s Labour party has fallen under the control of a “right-wing, illiberal” faction undertaking a “witch hunt” against the left and others, a senior MP has said.

In a staggering intervention, MP for Dagenham and Rainham Jon Cruddas, said that moves to discipline and possibly expel Neal Lawson are a “disgrace”.

Lawson, a former speechwriter for Gordon Brown who now heads the pressure group Compass, claimed in the Guardian last week that he was facing expulsion after sharing a post from a LibDem MP to back Green candidates during the local elections.

https://www.thenational.scot/news/23627719.labour-led-right-wing-illiberal-group-engaged-witch-hunt-says-mp/

Continue ReadingLabour led by right-wing illiberal group engaged in witch-hunt says MP

‘Pinkwashing’: Just Stop Oil Blocks London Pride Parade in Sponsorship Protest

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Original article republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

‘These partnerships embarrass the LGBTQ+ community at a time when much of the cultural world is rejecting ties to these toxic industries’

Just Stop Oil disrupt London Pride 2023.
‘Pinkwashing’: Just Stop Oil activists from the LGBTQ community sprayed pink paint and blocked the Pride In London Parade by sitting in front of a Coca-Cola truck taking part in the parade, in protest against Pride working with industries linked to the climate crisis and in protest against Coca-Cola, seen as the world’s biggest plastic polluter, Saturday, July 1, 2023. Image by Just Stop Oil.

Just Stop Oil protesters temporarily blocked London’s Pride Parade Saturday afternoon to protest the event accepting sponsorship money from “high-polluting industries.”

Pride faced accusations of “pinkwashing” over its decision to make United Airlines the headline sponsor of this year’s event.

Seven protesters were arrested at 1:30 pm after blocking the road in front of a Coca-Cola truck. Coca-Cola is seen as the world’s biggest plastic polluter.

LGBTQ+ members of Just Stop Oil called on organizers to condemn new oil, gas, and coal licenses and stop allowing the inclusion of floats from these corporations in the parade.

James Skeet, a Just Stop Oil spokesperson, said in a statement:

“Pride was born from protest. It speaks to how far we’ve come as a community, that high-polluting industries and the banks that fund them, now see Pride as a useful vehicle for sanitizing their reputations, waving rainbow flags in one hand whilst accelerating social collapse with the other. It is queer people, and particularly queer people of color in the global south, who are suffering first in this accelerating social breakdown. What would those who instigated the gay liberation movement during the Stonewall riots in 1969, make of the corporatized spectacle Pride has now become?”

“These partnerships embarrass the LGBTQ+ community, at a time when much of the cultural world is rejecting ties to these toxic industries. We call on Pride to remember the spirit in which it was founded and to respect the memory of all those who fought and died to secure the rights we now possess whilst taking the necessary steps to protect our community long into the future.”

London Mayor Sadiq Khan speaking before the parade said:

“I agree with protesting in a way that is lawful, safe, and peaceful. I think that Extinction Rebellion and Just Stop Oil are really important pressure groups trying to put power on those who have power and influence.”

“I fully support the right to protest. It’s really important to recognize the joy of democracy is protest.”

“I am somebody who feels quite passionately that we have to tackle the climate emergency. And I feel quite passionately about encouraging people to join the movement to tackle the climate emergency. In my view, protest should be peaceful, lawful, and safe.”

Peter Tatchell, the legendary LGBTQ+ rights campaigner, and prominent member of the Gay Liberation Front and the civil resistance group OutRage! Said:

“I helped organize the first Pride in the UK in 1972 and have attended every Pride London march since then. Pride was always meant to be both a celebration and a protest. From the outset, we stood in solidarity with other struggles for freedom and social justice, against corporate pinkwashing and all forms of exploitation. We saw queer liberation as just one aspect of a wider liberation movement.”

“Climate destruction is destroying communities, jobs, homes and lives across the world, especially in poorer countries. Fossil fuels are endangering the survival of humanity – including LGBTQ+ people. Our community must not collude with environment, species and climate destroying companies.”

[4 twitter threads that twitter is refusing to embed, see Original article ]

Original article republished from Common Dreams under Creative Commons (CC BY-NC-ND 3.0).

Continue Reading‘Pinkwashing’: Just Stop Oil Blocks London Pride Parade in Sponsorship Protest

How Thames Water came to be flooded with debt – and what it means for taxpayers

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Kate Bayliss, SOAS, University of London

Thames Water is reportedly on the brink of collapse. The UK’s largest water company, well known for its high levels of water leakage, sewage spills, executive pay and dividend payments, now appears to be flooded with debts that it cannot afford to pay.

Those debts have reached more than £14 billion, leading to fears the government – or UK taxpayers to be precise – may have to bail the company out.

The news of Thames Water’s difficulties may have shocked some of its 15 million customers. But as someone who has researched the finances of water companies, I was not entirely surprised. These issues have been a long time in the making, and I raised concerns publicly over five years ago.

When the water and sewage companies of England and Wales were privatised in 1989, the intention was to bring fresh finance and innovation to create efficiency. But in the 2000s, a new kind of financial investor began to dominate the sector.

Our recent research found that by 2021, of 15 English water and sewage companies, nine were owned by “special purpose companies”. These are organisations set up for the purpose of buying water utilities, with owners consisting of a range of private equity funds, pension funds and sovereign wealth funds.

These kinds of investors were then able to use water company revenue to generate significant returns to shareholders. And one way this happens is by hiking up company debts.

Newly privatised water companies had started out with zero debt in 1989. Yet by the end of March 2022, total debt in the sector was at £60.6 billion. In part, the increased debt was used to refinance the companies so that investors could repay themselves part of the original cost of buying the water utility.

Our research shows that Thames Water was the archetype of this model. When it was taken over in 2007 by a consortium led by Macquarie, an Australian investment bank, debts increased over the next ten years from £3.2 billion to £10.7 billion. The proportion of assets funded by borrowing increased to over 80%, while the company paid out dividends of £2.5 billion. The company has previously said that it has a “strict, performance-linked dividend policy monitored by Ofwat”.

Perfect storm

But such high debts are problematic for a water company. First there is the issue of inequality, where customers’ water bills are used to pay down debts that have increased to pay dividends to its owners. And second, as we see with Thames Water, these highly indebted companies are potentially unstable in the event of cost pressures.

What we have now is a perfect storm in which Thames Water’s finances may collapse. A key pressure is inflation, which is pushing up the value of some of the company’s debt at the same time as it pushes up costs. More than half of Thames Water’s debt is linked to inflation, contributing to the uplift in debt value.

Water tap filling piggy bank.
Drip effect.
Andrey_Popov/Shutterstock

Then there is the cost of improving performance. This has become more urgent after Ofwat, the water company regulator, was given new powers (effective from April 2025) to prevent companies paying dividends if these weaken financial resilience or are not linked to performance.

In 2022, the government set out a plan to tackle the rapidly growing issue of sewage discharge in a £56 billion investment plan. All of this adds up to intense pressure on the company’s finances.

If those finances do unravel, it is likely that the company will be underwritten by the government to keep the taps flowing while a rescue package is put together (as happened with the energy company Bulb).

However, this situation also creates the opportunity for a new public model of water supply, one that treats water not as a private commodity but as part of the wider ecosystem, providing social equity as well as environmental sustainability.

Public ownership need not be a step back to the 1970s. In fact, it would bring the UK into step with most of the modern world, including most of Europe. In Paris, where water provision was made public in 2009 after years of outsourcing, the change is widely considered a success story.

The last 34 years have revealed the fundamental problems with the current system. This crisis is a chance to direct England’s water in a new direction.The Conversation

Kate Bayliss, Research Associate, Department of Economics, SOAS, University of London

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Continue ReadingHow Thames Water came to be flooded with debt – and what it means for taxpayers