During a demonstration at Citibank’s headquarters in Manhattan on Wednesday, 33 protesters were taken into custody, including Rachel Rivera (center), a board member with New York Communities for Change. Credit: Keerti Gopal/Inside Climate News
Campaigners pressuring Citibank say they see the bank as potentially movable on its funding of fossil fuels, citing the company’s commitments to sustainability.
NEW YORK—Climate demonstrators blocked entrances to Citibank’s headquarters in Manhattan at the start of the workday on Wednesday and Thursday, part of a series of Earth Week actions pressuring the bank to end its financing of fossil fuels. On both mornings, it took the New York Police Department less than 10 minutes to start making arrests.
Climate activists, citing Citibank as the second largest financier of fossil fuels in the world, are engaged in a multi-year campaign to pressure the bank to stop financing oil, gas and coal projects. The week’s protests follow a mock environmental justice hearing at a New York church on Monday, where advocates spoke about the health harms and human rights violations of Citibank-financed fossil fuel projects in Peru, Canada and domestically. The New York demonstration was timed alongside actions in Seoul, South Korea, Melbourne, Australia, Jakarta, Indonesia, Belfast, Northern Ireland, and Dallas that also targeted Citibank’s financing of coal, oil, natural gas and military projects.
At about 8:15 Wednesday morning, activists holding four large white banners that together read “Stop Funding Fossil Fuels” blocked the main entrance to Citibank’s headquarters while smaller groups of demonstrators stood outside other entrances to the building. Police began taking protesters into custody at 8:30 and arrested approximately 33 activists for disorderly conduct at Wednesday’s protest, according to activists and the office of NYPD’s deputy commissioner of public information.
Protesters barricaded the main entrance to Citibank’s headquarters in Manhattan on Wednesday morning. Credit: Keerti Gopal/Inside Climate News
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Campaigners have said that, since 2016, Citibank has provided $332 billion in fossil fuel financing, and calculate that the bank has given $1.85 billion in financing to oil and gas operations in the Amazon since 2009 and $1.78 billion in financing to ConocoPhillips, the company behind the contentious Willow Project.
Google workers stage sit-in to end Project Nimbus (Photo: No Tech for Apartheid)
Tech workers are joining the Palestine solidarity movement in leading coast-to-coast sit ins at Google offices across the country
On April 16, Google workers led sit-ins at the office of Google Cloud CEO Thomas Kurian in Sunnyvale, California, and Google’s New York City headquarters in protest against Google’s complicity in the Israeli genocide of the Gaza Strip, through Project Nimbus, the tech giant’s contract with the Israeli government and military.
BREAKING—DOZENS OF @GOOGLE WORKERS LEAD HISTORIC COAST TO COAST-INS AT @GOOGLECLOUD CEO THOMAS KURIAN’S OFFICE IN SUNNYVALE & @GOOGLE’s NYC 10TH FLOOR COMMONS. They refuse to leave until @google stops powering the genocide in Gaza
— No Tech For Apartheid (@NoTechApartheid) April 16, 2024
Tech workers at both Amazon and Google have been organizing for years to end Project Nimbus, which is Google and Amazon’s USD 1.2 million contract with the Israeli government and military. Despite retaliation from Google including the firing of workers, the movement against Project Nimbus has only grown.
“Google is enabling and profiting from Israel’s AI-powered genocide through Project Nimbus, their USD 1 billion cloud contract with Israel. The Israeli military is also using Google Photos as part of a facial recognition dragnet across Gaza, which has led to the arrest, imprisonment, and torture of thousands of Palestinians with little to no evidence. It’s clear that the Israeli military will use any technology available to them for genocidal means,” say the Amazon and Google workers, organized in the group No Tech for Apartheid, in a recent statement. “Google workers do not want their labor to power Israel’s genocide of Palestinians in Gaza.”
This action comes days after Time Magazine reporting confirmed that Google is providing direct cloud computing services to the Israeli occupation forces, despite the company stating the contrary.
“We have been very clear that the Nimbus contract is for workloads running on our commercial platform by Israeli government ministries such as finance, healthcare, transportation, and education,” a Google spokesperson previously toldTime Magazine. “Our work is not directed at highly sensitive or classified military workloads relevant to weapons or intelligence services.” Time reporting revealed that the Israeli Ministry of Defense has its own secure entry point into the Google Cloud.
Tech workers staging the sit-ins in California and New York are demanding that the company end Project Nimbus, stop “the harassment, intimidation, bullying, silencing, and censorship of Palestinian, Arab, and Muslim Googlers,” and address health and safety issues in the workplace, which arise from the “mental health consequences of working at a company that is using their labor to enable a genocide,” workers say.
Most of Europe’s natural ecosystems have been lost over the centuries. However, a sizeable amount of natural old forest still exists, especially in the north. These “old-growth” forests are exceptionally valuable as they tend to host more species, store more carbon, and are more resilient to environmental change.
Many of these forests are found in Sweden, part of the belt of boreal forests that circle the world through Canada, Scandinavia and Russia. But after researching these last relics of natural forest we have found they are being cleared rapidly – at a rate faster even than the Amazon rainforest.
There is no direct monitoring of these forests, no thorough environmental impact assessments and most of the public don’t seem to be aware this is even happening. Other evidence suggests something similar is happening right across the world’s boreal forests.
It can be tricky to know exactly how much old-growth forest there is, since the distinction might not always be clear. However, there is a clear difference between forests that have been “clear-cut” (entirely chopped down) sometime in the past and those that never have.
Clear-cutting started appearing in Sweden in the early 1900s and has been the dominant type of forestry in the country since the 1950s. The uncut forests that predate this time have therefore most likely not been clear-cut and since they are old they can be classified as old-growth forests.
Clear-cutting is still the main form of logging in Sweden. Lasse Johansson / shutterstock
In our study, we looked specifically at forests in unprotected areas where the trees predated 1880 on average. That’s long before the large-scale adoption of clear-cutting in Sweden and means those forests have likely never been clear-cut.
These unprotected old-growth forests constitute around 8% of the productive forest land in Sweden, that is, the area that is generally favourable for forestry (omitting forests close to the Scandinavian mountain range tree line). This amounts to about 1.8 million hectares of old-growth forest, more than the total wooded area in many European countries.
This area of unprotected old-growth forest, with the remaining protected old-growth and primary forests, constitutes a large share of the last known ecosystems of “high naturalness” in the EU.
What is happening to these old-growth forests?
Between 2003 and 2019, 20% of all the clear-cut forest in Sweden was old-growth. This means a sizeable share of forest products, such as timber, paper and bioenergy, comes from old trees. The losses to unprotected old-growth forests amount to 1.4% per year, which means they will be lost completely by the 2070s if the trend continues.
To put this in perspective, Sweden’s old-growth forests have been cleared six to seven times faster than the Brazilian Amazon forest between 2008 and 2023. (Of course, given the size of the Amazon, the total amount of cleared forest is much larger there).
While our study, shockingly enough, appears to be the only of its kind across the boreal region, there is some research showing that old-growth forests are also harvested in Canada. Additional anecdotal evidence further suggests the unchecked loss of old-growth forests to forestry operations in otherborealregions .
What’s next?
The European Commission has drafted guidelines for all countries to map and protect all remaining old-growth and primary forests. This would be a good start.
But ultimately, we’ll need a coordinated system to map and monitor the entire boreal forest simply to learn the rate at which it is being lost. This would also help us understand the implications for carbon storage, for other plants and animals that live in these forests, and the humans that use them.
Unfortunately, this is a large and difficult task. Yet this might be one of our last chances to protect and recover large areas of natural forests. Logging old-growth forests now will delay their recovery for centuries.
Anders Ahlström, Associate Professor, Department of Physical Geography and Ecosystem Science, Lund University and Pep Canadell, Chief Research Scientist, CSIRO Environment; Executive Director, Global Carbon Project, CSIRO
One of our planet’s most vital defences against global warming is itself being ravaged by climate change.
It was the main driver of the Amazon rainforest’s worst drought in at least half a century, according to a new study.
Often described as the “lungs of the planet”, the Amazon plays a key role in removing warming carbon dioxide from the atmosphere.
But rapid deforestation has left it more vulnerable to weather extremes.
While droughts in the Amazon are not uncommon, last year’s event was “exceptional”, the researchers say.
In October, the Rio Negro – one of the world’s largest rivers – reached its lowest recorded level near Manaus in Brazil, surpassing marks going back over 100 years.
As well as being a buffer against climate change, the Amazon is a rich source of biodiversity, containing around 10% of the world’s species – with many more yet to be discovered.
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One trigger for these dry conditions is El Niño – a natural weather system where sea surface temperatures increase in the East Pacific Ocean. This affects global rainfall patterns, particularly in South America.
But human-caused climate change was the main driver of the extreme drought, according to the World Weather Attribution group
Opaquely funded right-wing think tanks have claimed responsibility for parts of today’s budget, celebrating its announcement as a victory for its lobbying.
Jeremy Hunt unveiled his autumn statement this afternoon, including policies such as a 2% cut to National Insurance, punitive enforcement action for those on disability benefits who do not find work in 18 months, and raising Local Housing Allowance before freezing it again in two years.
A key part of the chancellor’s budget, a policy called ‘full expensing’, means businesses can claim 100% of investment costs such as digital equipment against revenue in the same year, allowing businesses to pay less tax. It was first introduced in spring as a temporary measure but will now be made permanent.
“Amazing news that the full expensing has been made permanent,” the think tank wrote on its X (formerly Twitter) page. “Congratulations to everyone who worked so hard to make this a reality.”
It added: “We at the ASI have been campaigning for full expensing over many years.”
Former chancellor Nadhim Zahawi, a patron of the Adam Smith Institute, has lobbied for full expensing to Hunt in the House of Commons. Zahawi was fired from his role as chair of the Conservative Party and minister without portfolio after breaching the ministerial code by failing to declare he was being investigated by HMRC while chancellor under Boris Johnson.
In the past, companies like Amazon have taken advantage of expensing schemes – in particular, a ‘super-expensing’ short-term policy that allowed companies to write off 130% of investment in infrastructure. The company’s UK division paid no corporation tax for a second year in a row thanks to the scheme.
The Adam Smith Institute, named after the 18th-century Scottish thinker on capitalism, lobbies on issues such as deregulation and lower taxes. It was given the lowest possible transparency rating in openDemocracy’s ‘Who Funds You?’ project earlier this year, but is reported to be partly funded by the tobacco industry as well as American climate denial groups.
Other right-wing think tanks have also lauded the move. In a “wish list” written by free-market think tank the TaxPayers Alliance, it asked the chancellor to “Make full expensing for corporation tax permanent… to reduce the tax penalty on long-term investment.”
The TaxPayers Alliance does not publicise its funders, and was also given the lowest possible rating by Who Funds You?
Allowing businesses to invest more can be positive, so long as public spending isn’t cut in the process, Pranesh Narayanan, a research fellow at the Institute for Public Policy Research (IPPR) told openDemocracy.
“In this autumn statement, the Conservatives are able to ‘afford’ it because they’ve frozen public investment spending from 2025 onwards,” Narayanan said, referring to the billions of pounds of spending cuts forecast after the next general election. “You need both kinds of investment to have a proper economic recovery. You can’t do one at the expense of the other, especially when you have crumbling schools and crumbling hospitals.”
Narayanan added: “This policy is mainly for the benefit of big corporations. We believe we need more public investment.”
Economist Ann Pettifor argues in openDemocracy today that Hunt’s autumn statement “extinguished… any faint hope of the beginnings of an economic revival”.
