Just Stop Oil protesting in London 6 December 2022. Roger Hallam was instrumental is founding Just Stop Oil.
I am very pleased to announce an audio podcast featuring renowned climate activist Roger Hallam and myself on 1 May 2024 at 7pm BST (GMT +1).
The podcast is titled ‘Talking about a Revolution’ and to include addressing the following themes: What is a revolution – historically and in the 21st century?, that revolution means exiting the system and being in resistance to it, why that is necessary as we face social/eco collapse and concrete pathways to action at the present moment.
I have research to do as preparation. Roger has many videos on youtube, I’m finding many of them long and long-winded. The podcast is likely to last at least 30 minutes. Roger has a reputation for sometimes being abrasive and I have been known to call a cnut a cnut so it is probably wise to accept that there may be some profanities. Further audio podcasts may follow.
A rowing boat on the River Thames Putney, London, March 27, 2024
THE crisis of capitalism is running out of your taps and pouring into our rivers. Britain’s water industry is lurching towards calamity, poisoned by the priorities of profit and abetted by politicians in the pocket of the privateers.
The largest water company in the country, Thames Water, appears to be on the edge of insolvency after its investors refused to pump in cash essential to the company’s survival — apparently because the reluctance of regulator Ofwat to authorise even steeper increases in bills to households made it an unattractive bet.
And alarm was spread about the annual Oxford-Cambridge boat race on Saturday having to row through the sewage-ridden Thames, with doubts being cast on maintaining the tradition of throwing the cox of the winning crew in the river on health and safety grounds.
Now there are calls for the government to declare a national emergency as discharges of raw sewage into rivers and seas across Britain reach a record high.
These are the fruits of the handing over of the most basic resource to the tender mercies of monopoly capital. The sewage in the rivers is one side of the coin, the riches sitting in shareholders’ bank accounts is the other.
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Nationalisation may be forced on the government in the case of Thames Water. But state control can only work in a context of planning, investment and a role for both workers’ and consumer interests.
That was Labour Party policy until Keir Starmer abandoned it. It is time the labour movement demanded its reinstatement.
Saudi Aramco CEO Amin Nasser speaks during the CERAWeek oil summit in Houston, Texas on March 18, 2024. (Photo: Mark Felix/AFP via Getty Images)
“The fossil fuel industry has always pursued a strategy of delay when it comes to the climate crisis,” said one campaigner. “First, it was focused on casting doubt on the science. Now, it’s all about casting doubt on the solutions.”
The CEO of the world’s largest oil company said Monday that calls to phase out fossil fuels are a “fantasy” that policymakers should abandon, a remark that drew applause from energy elites gathered in Houston, Texas for a major industry conference.
“We should abandon the fantasy of phasing out oil and gas and instead invest in them adequately reflecting realistic demand assumptions,” Saudi Aramco chief executive Amin Nasser told CERAWeek attendees, dismissing the International Energy Agency’s projection that global fossil fuel demand will peak by 2030.
“Peak oil and gas is unlikely for some time to come, let alone 2030,” Nasser said, suggesting oil consumption could continue growing through 2045. That scenario would serve the interests of Saudi Aramco, which in 2022 posted the largest-ever annual profit for a fossil fuel company.
Power Shift Africa, a climate think tank, called Nasser’s comments “outrageous.”
Jamie Henn, director of Fossil Free Media, noted that “the fossil fuel industry has always pursued a strategy of delay when it comes to the climate crisis.”
“First, it was focused on casting doubt on the science,” he observed. “Now, it’s all about casting doubt on the solutions.”
“It’s clear that not only are they not committed to reducing emissions, they’ve actually come to CERAWeek to continue promoting fossil fuel production and extraction and delaying the transition to a just, clean energy future.”
Climate scientists say that a rapid, global transition away from fossil fuel production and toward renewable energy is necessary to avert the worst of the planetary emergency, which is driving increasingly destructive and deadly extreme weather events, sea-level rise, ocean warming, and other alarming phenomena.
But Nasser claimed technologies such as carbon capture—which has repeatedly proven to be ineffective and even harmful—are better at lowering emissions than “alternative energies,” Reutersreported. Nasser specifically criticized wind, solar, and electric vehicles and said that “we should phase in new energy sources and technologies when they are genuinely ready, economically competitive, and with the right infrastructure.”
Just one day after Nasser’s remarks, the World Meteorological Organization (WMO) released a report showing that “renewable energy generation, primarily driven by the dynamic forces of solar radiation, wind, and the water cycle, has surged to the forefront of climate action for its potential to achieve decarbonization targets.”
The WMO said Tuesday that renewable energy capacity increased nearly 50% last year compared to 2022.
But the continued production and burning of fossil fuels is wreaking global havoc, the WMO found, pushing planet-warming greenhouse gas emissions and temperatures to all-time highs.
In the face of such alarming findings, the major oil and gas industry players have rolled back their own weak emissions commitments and—in the case of ExxonMobil CEO Darren Woods—blamed the public for fueling the climate crisis.
“For years we’ve demanded action, not empty words, from Big Oil,” Josh Eisenfeld, campaign manager of corporate accountability, said in a statement before the Houston conference kicked off on Monday. “If you look at their actions, it’s clear that not only are they not committed to reducing emissions, they’ve actually come to CERAWeek to continue promoting fossil fuel production and extraction and delaying the transition to a just, clean energy future.”
Jeff Bezos and his fiancée Lauren Sánchez arrive at an event in Milan, Italy on January 13, 2024. (Photo: Jacopo Raule/Getty Images)
It’s been a rough few years for most people around the world—but not these folks.
Four years ago, the United States entered the Covid-19 pandemic. Forbes published its 34th annual billionaire survey shortly after with data keyed to March 18, 2020. On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion.
Four years later, on March 18, 2024, the country has 737 billionaires with a combined wealth of $5.529 trillion, an 87.6 percent increase of $2.58 trillion, according to Institute for Policy Studies calculations of Forbes Real Time Billionaire Data. (Thank you, Forbes!)
The last four years have been great for particular billionaires:
On March 18, 2020, Tesla CEO Elon Musk had wealth valued just under $25 billion. By May 2022, his wealth had surged to $255 billion. As of March 18, 2024, Musk is at $188.5 billion, more than a seven-fold increase in four years.
Over four years, Amazon founder Jeff Bezos has seen his wealth increase from $113 billion to 192.8 billion, even after paying out tens of billions in a divorce settlement and donating tens of billions to charity.
Three Walton family members — Jim, Alice, and Rob — are the principal heirs to the Walmart fortune. They saw their combined assets rise from $161.1 billion to $229.6 billion.
In 2020, only one billionaire — Jeff Bezos — had $100 billion or more. Today, the entire top ten are centi-billionaires, bringing their collective wealth to a staggering $1.4 trillion.
The only billionaire on the 2020 top 15 wealthiest Americans list to see their wealth decline in four years was MacKenzie Scott. Four years ago, on March 18, 2020, the ex-wife of Jeff Bezos had a net worth of $36 billion. It has declined to $35.4 billion due to her aggressive giving to charity.
For more details on how America’s billionaires have fared since the onset of the pandemic, check out our updates page.
Labour leader Keir Starmer addressing 400 business leaders at the Kia Oval, London, during the launch of Labour Party’s plan for business, February 1, 2024
BRITAIN’S ruling class is eager to carry on the pretence that there is real choice under their political system.
Capitalism promises us that it’s the politicians that call the shots, there are real differences between those politicians and that we’re the ones that elect the politicians and they’re answerable to us.
But as with most tricks, when looked at too closely, reality and the nature of the fraud become clear.
Nowhere is it clearer that there is no real difference between the ruling-class parties than the imperialist consensus on questions of foreign policy, militarism and war.
Rather than questioning the Tory government’s policy or strategy on the burning issues of Palestine or Ukraine, Keir Starmer has bent over backwards (not hard when you’re spineless) at each and every turn to not only stymie any criticism, but to heartily endorse Tory policy.
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Britain is a proud western democracy — the oldest in the world in fact: you can stand as a candidate for whoever you want; you can vote for whoever you want; just as long as they enthusiastically cheerlead genocide in 2024.
Image of UK Prime Minister Rishi Sunak. UK halts aid to UNRWA in Gaza over Israeli allegations that 12 staff from a total of 13,000 were involved in the 7 October 2024 attack on Israel.Zionist Keir Starmer supports Israel’s Gaza genocide.
