UK economy shrinks at quickest pace in seven months

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https://leftfootforward.org/2023/09/uk-economy-shrinks-at-quickest-pace-in-seven-months/

“Another dismal day for growth in the UK economy. Appalling Tory decisions (and failures to make decisions) have left us stuck in a low growth, high tax trap.”

The UK economy shrank at its fastest pace in seven months in July, contracting by 0.5% amid industrial action and extremely wet weather, further increasing fears of a recession.

While economists had expected the economy to shrink by 0.2% in July, the economic performance was worse than expected, after the latest figures were released by the Office for National Statistics (ONS).

The ONS said that strikes by junior doctors reduced health service activity, while retailers who had benefited from a warm June suffered in July, which was the sixth wettest on record.

Strike action saw senior doctors and radiographers striking over pay on two days each, and junior doctors walking out on five days in the month. The repeated refusal of Tory ministers to reopen pay talks led to strikes.

https://leftfootforward.org/2023/09/uk-economy-shrinks-at-quickest-pace-in-seven-months/

Continue ReadingUK economy shrinks at quickest pace in seven months

California Joins States Suing Big Oil for Its Role in the Climate Crisis

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Original article by Dana Drugmand republished from DeSmog.

Lawsuit filed against five oil and gas majors and API demands they pay for their decades of deception.

The California State Superior Court in San Francisco. Credit: Cocoablini (CC BY-SA 4.0), via Wikimedia Commons
The California State Superior Court in San Francisco. Credit: Cocoablini (CC BY-SA 4.0), via Wikimedia Commons

The state of California has jumped into the ring in the fight to hold some of the world’s biggest fossil fuel producers accountable for their role in driving the worsening climate crisis. On Friday, California Attorney General Rob Bonta filed a lawsuit against five oil and gas majors including ExxonMobil, Chevron, BP, Shell, and ConocoPhillips as well as their chief lobby group the American Petroleum Institute. The lawsuit alleges these entities deliberately deceived the public about the dangers of fossil fuels and their impact on the climate system, and effectively engineered a delayed societal response to addressing the climate problem.

California’s filing adds to a growing wave of climate lawsuits brought by cities, counties and states across the country against Exxon and its industry peers. A handful of the state’s coastal communities led the way in this wave of litigation by filing some of the first cases against fossil fuel companies in 2017 and 2018. Now more than three dozen states and municipalities are taking corporate climate polluters to court.

California has become the eighth state to file a climate liability lawsuit, joining Rhode Island, Massachusetts, Connecticut, Vermont, Delaware, Minnesota, and New Jersey. Given its sheer size, California’s move to take legal action adds significant weight to this mounting roster of states.

california-sues-big-oil-climate-crisis

“California’s decision to take Big Oil companies to court is a watershed moment in the rapidly expanding legal fight to hold major polluters accountable for decades of climate lies,” Richard Wiles, president of the Center for Climate Integrity, a group advocating for holding climate polluters accountable, said in a statement.

According to the complaint, filed in Superior Court for the County of San Francisco, the defendants “have misled consumers and the public about climate change for decades,” mounting a disinformation campaign to discredit the emerging scientific consensus dating back to at least the 1970s. The alleged deception continues to this day through misleading advertising that greenwashes the companies’ image by portraying them as climate-friendly, the complaint contends.

Misleading advertising is among the charges the lawsuit brings, along with misleading environmental marketing; unlawful, unfair, or fraudulent business practices; products liability; pollution and destruction of natural resources; and public nuisance. California is seeking monetary damages.

Noting that just this year the state has suffered from multiple climate-related disasters such as extreme flooding and drought, severe wildfires, and a record-hot summer, the complaint argues that California taxpayers should not have to bear all the costs of dealing with these escalating climate impacts. Instead, “the companies that have polluted our air, choked our skies with smoke, wreaked havoc on our water cycle, and contaminated our lands must be made to mitigate the harms they have brought upon the State,” the complaint states, adding it “seeks to hold those companies accountable for the lies they have told and the damage they have caused.”

Original article by Dana Drugmand republished from DeSmog.

Continue ReadingCalifornia Joins States Suing Big Oil for Its Role in the Climate Crisis

‘Time to Make Them Pay’: Internal Docs Further Expose Exxon Efforts to Spread Climate Lies

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

“Climate change isn’t just a tragedy, it’s a crime,” said one climate campaigner in response to documents reported by The Wall Street Journal.

Previously unreported documents published on the front page of The Wall Street Journal Thursday show that ExxonMobil continued to work behind closed doors to cast doubt on climate science, even after the company publicly acknowledged the link between fossil fuel-driven greenhouse gas emissions and climate change in 2006.

The documents—which detail email exchanges between executives, board meeting conversations, and other company proceedings—reveal that during his tenure as CEO, Rex Tillerson joined other Exxon leaders in questioning “the severity of climate change’s impacts,” the Journal reported.

The company’s scientists, meanwhile, “supported research that questioned the findings of mainstream climate science” despite Exxon’s pledge to stop bankrolling think tanks and other groups peddling climate denial.

After scientists with the United Nations’ Intergovernmental Panel on Climate Change (IPCC) sounded the alarm in 2011 about the potentially devastating global impacts of runaway warming, Tillerson told a leading Exxon researcher that the IPCC’s warning was “not credible” and complained about the media’s coverage of the potentially dire scenario, according to documents reviewed by the Journal.

“Tillerson wanted to engage with IPCC ‘to influence [the group], in addition to gathering info,'” the newspaper reported.

Tillerson also dismissed the Paris Climate Agreement’s 2°C warming target as “something magical” shortly before Exxon endorsed the accord.

“As communities pay an ever-greater price for our worsening climate crisis, it’s more clear than ever that Exxon must be held accountable to pay for the harm it has caused.”

Richard Wiles, president of the Center for Climate Integrity, said in a statement that “this damning new evidence of Exxon’s climate lies shows that for decades it has been official company policy for executives to undermine climate science, minimize the dangers of their oil and gas business, and protect company profits at all costs—with no concern for the catastrophic impact their actions would have on humanity.”

Wiles argued that the documents reported by the Journal provide more evidence for the dozens of states, cities, and counties that are currently suing Exxon and other fossil fuel giants over their decades-long effort to deceive the public about climate change.

“As communities pay an ever-greater price for our worsening climate crisis,” said Wiles, “it’s more clear than ever that Exxon must be held accountable to pay for the harm it has caused.”

The new reporting could also heighten pressure on the Biden Justice Department to join the legal fight against Big Oil.

In late July, a group of progressive U.S. senators led by Sen. Bernie Sanders (I-Vt.) urged the DOJ to sue fossil fuel giants for violating “federal racketeering laws, truth in advertising laws, consumer protection laws, and potentially other laws.”

It has long been public knowledge that Exxon, the largest oil and gas company in the United States, was aware of the climate impacts of its business model well before it admitted the link between fossil fuels and climate change.

A peer-reviewed study published earlier this year in the journal Science shows that Exxon’s own internal data between 1977 and 2003 contradicted the company’s public statements downplaying and questioning the veracity of climate science.

The Journal‘s reporting confirms that Exxon did not stop working to sow doubt about climate change after it conceded for the first time in 2006 that “the accumulation of greenhouse gases in the Earth’s atmosphere poses risks that may prove significant for society and ecosystems.”

“In 2008, Exxon announced it would stop funding think tanks and other groups that questioned climate science, saying their positions ‘could divert attention from the important discussion on how the world will secure the energy required for economic growth in an environmentally responsible manner,'” the Journal noted.

But internal company documents show that “Exxon researchers continued to support scientific research that cast doubt on climate science and its impacts,” the newspaper reported.

The same year the company vowed to stop funding climate-denial organizations, Exxon’s manager of global regulatory affairs said that “Exxon should direct a scientist to help the American Petroleum Institute, the industry’s influential lobbying group, write a paper about climate science uncertainty.”

Jamie Henn, the director of Fossil Free Media, called the Journal‘s reporting “another massive exposé of Exxon’s strategy to attack climate science and block action.”

“Climate change isn’t just a tragedy,” Henn added, “it’s a crime.”

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

Continue Reading‘Time to Make Them Pay’: Internal Docs Further Expose Exxon Efforts to Spread Climate Lies

Calls for Spanish-style ‘solidarity tax’ to come to UK, as majority of public want higher wealth tax

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https://leftfootforward.org/2023/09/calls-for-spanish-style-solidarity-tax-to-come-to-uk-as-majority-of-public-want-higher-wealth-tax/

Potential options for taxing wealth – based on Spain’s model – could raise significant funds for the public purse.

Image of loads of money
Image of loads of money

new poll has revealed there is widespread support for ensuring the richest in society pay more in taxes in Britain. The survey was commissioned by the Trade Union Congress (TUC), ahead of its annual Congress, which starts in Liverpool this weekend.

The research found that over six in 10 people are calling for the wealthy to pay higher taxes, including over half (53 percent) of Tory voters in 2019. Three in four are also in favour of capital gains to be taxed at either the same rate or higher than income tax. This included 73 percent of Tory 2019 voters. Only 4% of the public think wealthy people should pay less tax, the survey found.

Paul Nowak, general secretary of the TUC, said it is time to “end the grotesque inequality of the Tories,” and that a national conversation about wealth tax needs to be had. The union body added that the Tories have allowed the wealthiest in Britain to “feather their nests” while working people have suffered the worst pay crisis for two centuries.

https://leftfootforward.org/2023/09/calls-for-spanish-style-solidarity-tax-to-come-to-uk-as-majority-of-public-want-higher-wealth-tax/

Continue ReadingCalls for Spanish-style ‘solidarity tax’ to come to UK, as majority of public want higher wealth tax