FFS: Publically financed Fossil Fuel Subsidies

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Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES
Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES

https://www.climaterealityproject.org/blog/fossil-fuel-subsidies-public-finance

Like it or not, we’re all paying the fossil fuel industry to destroy the planet every time we do our taxes.

That’s right. Each of us is chipping in our hard-earned dollars [, Euros or Pounds], all to an industry earning billions in profits every year. One whose product is heating up our planet and sowing more and more climatic chaos the higher the thermometer rises.

We’re doing it through fossil fuel subsidies. And the time to end them is now.

According to the International Monetary Fund (IMF), fossil fuel subsidies reached an all-time high of $7 trillion USD last year, costing the equivalent of over 7% of global GDP. To put it in more relatable terms, it’s “more than governments spend annually on education and about two thirds of what they spend on healthcare.” Fossil fuel subsidies rose by $2 trillion USD over the past two years alone.

Fossil Fuel Subsidies reached all time high of 7 trillion US Dollars

In general, most fossil fuel subsidies are implicit. This means that they fail to consider the negative externalities of fossil fuel production, such as the environmental and human health consequences of GHG emissions and particulate matter pollution. While it may seem difficult to account for these costs, the IMF estimates that implicit government subsidies resulted in failing to cover over $5 trillion worth of environmental damages last year.

https://www.climaterealityproject.org/blog/fossil-fuel-subsidies-public-finance

FFS: Publically financed Fossil Fuel Subsidies

Continue ReadingFFS: Publically financed Fossil Fuel Subsidies

UK government approves Rosebank oilfield in UK’s North Sea

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The UK government has approved the Rosebank oil field in the North Sea. I’ll have a lot to say on this but for a start while it blows any remaining pretence that UK is committed to net zero, the UK government will be massively subsidising a foreign company to extract and take the oil abroad …

Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES
Extinction Rebellion NL image reads STOP FOSSIELE SUBSIDIES

https://www.theguardian.com/environment/2023/mar/24/uk-government-launch-revamped-net-zero-strategy-oil-gas-capital-aberdeen

[N]ew estimates by the campaign group Uplift show that Rosebank, expected to cost £4.1bn to develop, could receive an effective taxpayer subsidy worth £3.75bn through tax breaks and the loophole in the government’s windfall tax that spares oil and gas investment.

This would mean that Equinor, the Norwegian state-owned company behind the potential field, would pay only £350m to develop Rosebank, which is three times the size of the Cambo oilfield. Equinor made £62bn last year, and about 80% of the oil from Rosebank is likely to be exported, rather than bolstering the UK’s energy security.

Continue ReadingUK government approves Rosebank oilfield in UK’s North Sea

Extinction Rebellion takes legal action against water cannon use at A12 protests

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https://nltimes.nl/2023/09/25/extinction-rebellion-takes-legal-action-water-cannon-use-a12-protests

Extinction Rebellion wants to prohibit the use of water cannons during climate protests on the A12 highway through legal means. The activist group announced on Monday that it will file summary proceedings against the State. A spokesperson stated that the summons will be issued on Monday or Tuesday, after which the court date for the lawsuit will be determined.

The group’s lawyer, Willem Jebbink, described the deployment of the water cannon as “completely unnecessary and disproportionate.” He pointed out that protestors are being hit with a forceful stream of water, even when there is no indication of a threatening or dangerous situation. “Water cannons are weapons and are now causing injuries. Protestors are being blasted across the road surface, sustaining bruises from the force of the stream.”

Jebbink stated that the water cannon’s pressure on Saturday was so intense that activists had to shield their kidneys by carrying bags on their backs. “The government should protect citizens who are peacefully expressing their opinions, not assault them with unnecessary force.”

In the lawyer’s view, the use of this tactic serves no purpose since it does not disperse the protestors. Furthermore, water cannons were only deployed on September 18, 19, and 20 after protestors had already been detained. “They were trapped between the police line and the water cannon, suggesting that these are corporal punishments.”

Since September 9, Extinction Rebellion has been organizing daily protests on the A12 by blocking the highway. Their goal is to pressure the Dutch government to abandon policies supporting the fossil fuel industry. [stop fossil fuel subsidies] Over the past three days, more than a thousand individuals were arrested.

The water cannon was not deployed on Sunday.

https://nltimes.nl/2023/09/25/extinction-rebellion-takes-legal-action-water-cannon-use-a12-protests

Continue ReadingExtinction Rebellion takes legal action against water cannon use at A12 protests

More than 500 climate activists arrested during A12 blockade

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https://nltimes.nl/2023/09/24/500-climate-activists-arrested-a12-blockade

The police arrested 552 climate activists on Saturday who had partially blocked the A12 highway in The Hague. This is more than during the roadblocks of previous days: on Friday, more than 200 protesters were arrested, compared to around 100 the two days before.

The road was open to traffic again at 2:15 p.m. Around noon, protesters from Extinction Rebellion blocked the road for the fifteenth consecutive day to reiterate their demand to the government to stop projects that support the fossil fuel industry. [It’s more accurate that XR NL are demanding an end to fossil fuel subsidies by NL government.]

XR spokesperson Lucas Winnips claimed in a press statement that the climate action group is “not asking for police involvement. That is a political choice. It is now clear that Extinction Rebellion will continue as long as necessary and that we are expanding. I would like to ask the police not to intervene in our peaceful demonstration anymore because that is pointless. We will come back the next day.”

Extinction Rebellion has been demonstrating daily on the A12 since September 9.

https://nltimes.nl/2023/09/24/500-climate-activists-arrested-a12-blockade

Continue ReadingMore than 500 climate activists arrested during A12 blockade

‘Gates of Hell’ Must Be Closed With Ambitious Action on Fossil Fuels, Says UN Chief

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Image of UN chief Antonio Guterres
UN chief Antonio Guterres

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

“We must make up time lost to foot-dragging, arm-twisting, and the naked greed of entrenched interests raking in billions from fossil fuels.” [FFS]

United Nations Secretary-General António Guterres kicked off his one-day Climate Ambition Summit at U.N. headquarters in New York City on Wednesday with a simple, clear, and resounding message for world leaders: do more.

“Humanity has opened the gates of hell” by unleashing potent levels of greenhouse gas emissions into the environment since the Industrial Revolution, Guterres told the the audience, which notably did not include some leaders of top polluting nations—such as U.S. President Joe Biden, U.K. Prime Minister Rishi Sunak, and Chinese President Xi Jinping—who refused to attend the event.

“Horrendous heat is having horrendous effects,” Guterres said, echoing his Tuesday speech at the U.N. General Assembly. “Distraught farmers watching crops carried away by floods; sweltering temperatures spawning disease; and thousands fleeing in fear as historic fires rage.”

“Climate action is dwarfed by the scale of the challenge,” he continued. Absent dramatic reforms, humanity is heading toward “a dangerous and unstable world,” with the global temperature set to soar 2.8°C above preindustrial levels. Already, human activity—especially the burning of fossil fuels—has driven heated the planet by about 1.2°C.

“The future of humanity is in your hands—in our hands.”

Under the 2015 Paris climate agreement, nearly every nation on Earth has agreed to work on keeping global temperature rise this century below 2°C, with a target limit of 1.5°C. However, as scientific analyses have repeatedly found over the past eight years, parties to the deal are still way off track.

Current projections are alarming, “but the future is not fixed,” Guterres said, emphasizing that the 1.5°C goal is still in reach. “We can still build a world of clear air, green jobs, and affordable, clean power for all.”

“The path forward is clear,” he declared. “It has been forged by fighters and trailblazers—some of whom are with us today: Activists refusing to be silenced; Indigenous peoples defending their lands from climate extremes; chief executives transforming their business models and financiers funding a just transition; mayors moving towards to a zero-carbon future; and governments working to stamp out fossil fuels and protect vulnerable communities.”

Warning that the global community is decades behind where it should be in the shift to renewables, the U.N. chief charged that “we must make up time lost to foot-dragging, arm-twisting, and the naked greed of entrenched interests raking in billions from fossil fuels.”

Guterres renewed his call for developed countries to reach net-zero as close as possible to 2040, emerging economies to achieve that as close as possible to 2050, and all nations “to implement a fair, equitable, and just energy transition, while providing affordable electricity to all.”

“Many of the poorest nations have every right to be angry—angry that they are suffering most from a climate crisis they did nothing to create; angry that promised finance has not materialized; and angry that their borrowing costs are sky-high,” he noted. “We need a transformation to rebuild trust.”

Shifting from English to French—another official language of the U.N.—Guterres urged governments to push the global financial system toward supporting climate action, including by overhauling the business models of multilateral development banks to better help developing countries.

He also called for operationalizing the Loss and Damage Fund at COP28, the next U.N. climate summit for Paris agreement parties, hosted in November by the United Arab Emirates—which is under fire for appointing an oil executive as the conference president.

“The future of humanity is in your hands—in our hands,” added Guterres, who was forced to leave early on Wednesday for a U.N. Security Council meeting that was scheduled after he announced the climate event. “One summit will not change the world. But today can be a powerful moment to generate momentum, that we build on over the coming months, and in particular at the COP.”

“We can—and we must—turn up the tempo,” he concluded. “Turn plans into action. And turn the tide.”

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

Continue Reading‘Gates of Hell’ Must Be Closed With Ambitious Action on Fossil Fuels, Says UN Chief