People take part in a pro-government youth rally in Caracas, Venezuela, November 13, 2025
FEARS grew today of an imminent US attack on Venezuela as the superpower’s biggest warship, the USS Gerald R Ford aircraft carrier, arrived off the South American country’s coast.
Countries rarely in agreement all called for restraint, with Germany and Switzerland saying today they hoped the US and Venezuela could engage in talks, as Russia urged Washington not to take actions that risked destabilising the region.
“I believe it is in everyone’s interest to prevent another war from breaking out,” Swiss Foreign Minister Ignazio Cassis said.
The United States has built up its biggest military force in the Caribbean in decades, and killed at least 70 people in recent weeks in illegal strikes on boats it accuses of smuggling drugs.
On Thursday US Secretary for War Pete Hegseth declared the commencement of “Operation Southern Spear,” which he claimed was aimed at crushing the illegal drug trade. The US accuses Venezuela, without evidence, of masterminding the trafficking of drugs across US borders — a claim many believe is intended to justify a regime change operation against its socialist government. Venezuela has the world’s largest proven oil reserves.
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A US Army soldier watching a burning oil well at Rumaila oil field in Iraq in April 2003. Photo: US Navy
With the suspension of dialogue between the US and Venezuela, the sighting of US B-52 bombers in Venezuelan airspace, and the further lethal US strikes in the Caribbean, the US seems to be accelerating its drive towards war with Venezuela
The mood in the Caribbean grows increasingly tense, as the United States intensifies its military threats. Beneath the deceptive shroud of the “war on drugs,” the United States is actively executing a blueprint for military intervention in Venezuela, employing lethal force and projecting power in a manner that legal institutions and regional leaders have condemned as a profound threat to international order. This aggression is not a law enforcement operation; it is the negation of law, a neocolonial revival of the Monroe Doctrine, designed to shatter the sovereignty of Venezuela, seize control of the world’s largest oil reserves, and install a compliant regime.
A license to kill: the precedent of state murder
A chilling adoption of extrajudicial violence has marked the current escalation. The Trump administration has ordered unilateral military strikes against private vessels near the Venezuelan coast, allegedly to stop drug trafficking. To launch these alarming attacks, the US military has deployed a massive naval force of warships, drones, and special operations forces.
These strikes have resulted in the summary execution of at least 27 people as of recent reports. The most recent lethal strike in the Caribbean resulted in the “elimination” of 6 more people. This is not law enforcement; it is extrajudicial murder and a campaign that now stands as part of a war plan against Venezuela. The administration has characterized the victims, without credible proof, as drug traffickers and “terrorists,” a claim that, even if true, provides no legal authority for the US president to execute whomever it decides.
Legal and human rights organizations have been unequivocal in their condemnation of this profound and dangerous policy, which replaces established law enforcement procedures with premeditated lethal force. The New York City Bar Association (NYCBA), a key voice on international legal ethics, has strongly denounced these actions. The NYCBA stated explicitly that “Because the recent attacks on Venezuelan vessels and their crews were unauthorized by US law and in violation of binding international law, they were illegal summary executions – murders.” They further argued that these actions violate the fundamental international principle that “No one shall be arbitrarily deprived of his life” under the International Covenant on Civil and Political Rights.
The US government possesses ample legal authority for the Coast Guard to interdict and search vessels suspected of carrying narcotics, followed by prosecution in US courts according to due process requirements. However, in the case of the Venezuelan vessels, the Coast Guard’s Congressionally authorized police function was bypassed; instead, the crews were simply targeted and executed by overwhelming military force. Regional leaders, including Colombian President Gustavo Petro, have condemned the extrajudicial killings, highlighting the profound anxiety across Latin America over a return to unilateral US military action under the cover of anti-narcotics policy.
Beyond the lethal strikes, the US government has engaged in significant military posturing that amounts to a direct challenge to Venezuelan sovereignty. The sighting of US B-52 bombers in Venezuelan airspace, flying in close range, is a significant escalation. This warmongering has nothing to do with the “war on drugs” and everything to do with regime change to plunder Venezuela’s oil. This reckless push for war is a criminal act of international aggression.
The Trump Administration’s unilateral drone strikes in the Caribbean, combined with the White House’s termination of all negotiations with Venezuela, appear as a precursor for a full-scale regime change operation. This is a critical moment. We must sound the alarm: there is a risk of a new, catastrophic conflict in the region.
The US government’s own officials continue to escalate the crisis with bellicose rhetoric and actions. Secretary of State Marco Rubio, a key architect of the regime-change policy, has consistently refused to rule out a military option, asserting that the Maduro regime has become a “threat to the region and even to the United States.”
Venezuela’s response has been one of principled defense of its sovereignty. Ambassador to the UN, Samuel Moncada has repeatedly sounded the alarm on the global stage, arguing that the US military deployment in the Caribbean is a massive propaganda operation that seeks “excuses to fabricate a conflict” to seize the country’s oil wealth. Moncada affirmed that, “The United States believes that the Caribbean belongs to it because it has been using the expansionist Monroe Doctrine for over 100 years, which is nothing more than a remnant of colonialism.”
President Nicolás Maduro has called on Washington to resume dialogue, stating, “Our diplomacy isn’t the diplomacy of cannons, of threats, because the world cannot be the world of 100 years ago,” while simultaneously mobilizing national defense exercises to ensure the country is prepared for any direct assault. The NYCBA warned that attacks against Venezuelan vessels and reported threats against the Venezuelan government violate the nation’s obligations under the United Nations Charter, with the risk of escalating to open hostilities.
Parallels with the Iraq War: oil, ideology, and deception
The current situation is chillingly reminiscent of the lead-up to the 2003 invasion of Iraq. In that case, the Bush administration justified unilateral action on the basis of “weapons of mass destruction,” but this was a pretext. The true objectives were not limited to oil, but also included achieving profound ideological and political goals – overthrowing a government to reshape Middle Eastern politics and assert dominance.
Washington must learn the lessons of this history. The Bush administration promised a quick victory in Iraq. Instead, the invasions and occupation claimed countless Iraqi lives, resulted in tens of thousands of American soldiers killed or wounded, and destabilized the region. The notion that the US can carry out military invasions into the heart of Latin America without a massive blowback is outlandish.
In the case of Venezuela, the “war on drugs” and the labeling of the government as a “threat” serve as the new rhetorical pretexts. The US interest is multifaceted: it involves securing the world’s largest proven oil reserves and achieving the ideological and political goal of overthrowing a socialist government to assert dominance and reshape Latin American politics. The US seeks to dismantle the Bolivarian Revolution and eliminate a major center of anti-imperialist politics in the hemisphere.
The current escalation is not about law enforcement or counter-narcotics; it is about regime change and plunder. While members of Congress from both Democratic and Republican parties, as well as key voices of public opinion, are increasingly speaking up about the illegality of these strikes and the absence of credible information from the administration, this situation requires much more urgency, once the escalation ladder is climbed, there may be no going back. The international community must recognize this aggressive campaign for what it is: a criminal act of international aggression. The world must stand against this threat of a new, catastrophic conflict.
Manolo De Los Santos is Executive Director of The People’s Forum and a researcher at Tricontinental: Institute for Social Research. His writing appears regularly in Monthly Review, Peoples Dispatch, CounterPunch, La Jornada, and other progressive media. He coedited, most recently, Viviremos: Venezuela vs. Hybrid War (LeftWord, 2020), Comrade of the Revolution: Selected Speeches of Fidel Castro (LeftWord, 2021), and Our Own Path to Socialism: Selected Speeches of Hugo Chávez (LeftWord, 2023).
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Carbon capture faces significant skepticism from environmentalists who note that the industry’s past is littered with failed projects, missed targets, and an overall net increase in emissions. Credit: Matt Hrkac (CC BY-NC-ND 2.0)NDLA,
CCS can “no longer be considered an unlimited” climate solution, researchers caution after concluding most storage options are in risky regions
As the Trump administration seeks to wipe away environmental rules covering the oil, gas, and coal industries, fossil fuel producers and sellers are reassuring buyers that carbon capture and storage (CCS) could slash climate-altering emissions from a growing range of fossil-fuel projects — like blue hydrogen, LNG export terminals, and data centers.
“That’s right: data centers,” fossil fuel giant ExxonMobil wrote in December, adding that the need for more data centers for AI could represent a fifth of the world’s demand for carbon capture by 2050.
Now, a study published in the journal Nature calls attention to another issue that could loom in the future if CCS were to really take off — a lack of easy-to-develop locations where captured carbon can be buried underground.
The vast majority of places where you can find the kinds of sedimentary rocks that allow carbon dioxide to be stored underground sit in higher risk zones or in areas like the Arctic that are potentially off-limits for practical or political reasons, the study found.
That has big implications for the energy transition, since once carbon dioxide is put into storage, it’s supposed to stay there for as long as possible. Any storage sites we use today can’t be expected to be available for future generations — not just the children and grandchildren of people alive today but “more than ten generations into the future,” the study notes.
“This study should be a gamechanger for carbon storage,” coauthor Joeri Rogelj, director of research at the Grantham Institute at Imperial College London, said in a statement when the study was announced. “It can no longer be considered an unlimited solution to bring our climate back to a safe level. Instead, geological storage space needs to be thought of as a scarce resource that should be managed responsibly to allow a safe climate future for humanity.”
In fact, there may be only enough practical storage to potentially reverse between 0.4 and 0.7 degrees Celsius of warming — a tiny fraction of the five or six degrees experts previously estimated, the researchers said.
The carbon storage that is available “should be used to halt and reverse global warming,” Rogelj added, “and not be wasted on offsetting on-going and avoidable CO2 pollution from fossil electricity production or outdated combustion engines.”
On Track to ‘Overshoot’
International plans to limit climate change tend to assume that we can “overshoot” on climate pollution, pushing the Earth’s climate into dangerous territory past 1.5 or 2 degrees Celsius of warming. That’s because, the argument goes, carbon capture and storage could come to the rescue if we go too far, letting us draw carbon dioxide levels back down.
The new study calls that assumption into question, highlighting uncertainty about how effective carbon removal will be at curbing climate change, in addition to concerns over difficulties in accessing underground carbon storage.
“With current trends suggesting warming up to 3°C this century, using all of the safe geological storage wouldn’t even get us back to 2°C,” said lead author Matthew Gidden, research professor at the Center for Global Sustainability at the University of Maryland.
Industry estimates, like those from the Oil and Gas Climate Initiative (OGCI), suggest the world has plenty of storage potential to keep 14,000 gigatons of carbon dioxide buried below ground and out of the atmosphere.
That would be “more than enough to meet projected needs for CCUS [carbon capture, use and sequestration] over the coming century,” the OGCI wrote in a 2023 report it called a “playbook for regulators, industrial emitters and hub developers.”
The new study, however, takes a closer look at where that storage is located — and in particular whether it’s in regions at higher risk of earthquakes or groundwater contamination like locations deep in the ocean, or in the Arctic and Antarctic circles. The study concludes that nearly 90 percent of that storage capacity is in less-than-desirable locations.
The researchers estimate there’s just 1,460 gigatons worth of “prudent” storage available worldwide — a tenth of the industry estimates.
Some earlier estimates stretch even higher, suggesting there’s around 40,000 gigatons of CO2 storage capacity worldwide.
“These estimates are also important as they remove all the technical constraints from assessment and assume that cost and engineering challenges will pose no issue in the future,” coauthor Siddharth Joshi, a research scholar at the Integrated Assessment and Climate Change Research Group, told DeSmog, adding that “the shock value of technical potentials is enough to sometimes drive an industry forward.”
At the same time, focusing only on larger capacity estimates can create a “false sense of abundance,” Gidden noted, if policy-makers think the world has more room for overshoot than carbon storage can really offer.
The Nature study raises big questions about how the world’s carbon storage should be used long term.
“As [the study authors] point out, if we act to reduce emissions now, we probably have enough storage, but that ceases to be true really, really soon,” Rob Anex, professor at the University of Wisconsin-Madison who researches carbon capture technology, told Canada’s CBC News. “Global emission rates are so high that the window of time in which geologic storage is practical is shutting really, really fast.”
Trump Backs Carbon Capture Subsidies
Despite the federal government’s retreat from climate action, including Trump’s January executive order withdrawing the U.S. from the Paris Agreement, the Trump administration has moved to protect and expand some federal subsidies for CCS.
Lucrative tax credits for using captured carbon for enhanced oil recovery were expanded this summer as part of Trump’s “One Big Beautiful Bill Act.”
Given this political climate, experts didn’t expect to see a major direct impact from the study for blue hydrogen projects and other proposals aiming to use carbon storage.
“The pragmatist in me says it’s unlikely,” Anika Juhn, energy data analyst for the Institute for Energy Economics and Financial Analysis (IEEFA), told DeSmog. “I don’t see government taking those kinds of steps.”
The Nature study follows a precautionary approach to carbon storage, she noted. “The precautionary principle says if we don’t really know about it, then maybe we shouldn’t be rushing headlong into just applying this technology everywhere as fast as possible,” she said. “I think that’s really where the strength of it is, saying if you are interested in doing it safely, here are some key aspects that you should really focus on.”
“Because their estimate is so prudent, it really doesn’t reflect at all current industry practice,” Juhn noted.
So far, there’s not a lot of carbon storage operating worldwide, with the Nature study pointing out existing projects currently store just 49 megatons per year, with 416 megatons worth “either planned or in construction.” Meanwhile, annual global emissions from fossil fuels topped 37,400 megatons last year, according to the World Meteorological Organization, another record high.
But that small CCS industry has already caused significant safety incidents — including well blowouts and a major 2020 CO2 pipeline leak that hospitalized dozens of people.
Concerns over the potential for groundwater contamination — one of the factors highlighted in the Nature study — have already begun curbing real-world carbon storage availability at the state and local level.
Take, for example, Illinois, home to the nation’s first dedicated carbon storage project, the Archer-Daniels-Midland (ADM) carbon storage site in Decatur, Illinois.
Carbon injections were halted at ADM’s site a year ago, after the company discovered leaks below ground. “Given the extreme depth and the multiple layers of shale and other confining rock up to the surface, at no time was there an impact to the surface or groundwater sources, nor any threat to public health,” ADM said at the end of August, announcing the restart of operations at its Decatur site.
But the incident appears to have hit a nerve in the state, where nearly a million people rely on the Mahomet Aquifer in Champaign, Illinois, as their sole source of drinking water.
This summer, Illinois passed a law banning carbon storage below that aquifer, making roughly 15 percent of the state’s counties off limits for carbon storage. ADM’s leak had reached within about six miles of the Mahomet Aquifer, Taxpayers for Common Sense notes.
The Nature study notes that most of the carbon storage in operation today doesn’t actually offer any net climate benefit — because it’s used for enhanced oil recovery, which, the researchers wrote, “overall results in net-positive CO2 emissions.”
“After decades of bold projections, only around 10 million tons of CO₂ are captured and permanently stored each year (excluding enhanced oil recovery), representing less than 0.03% of annual global fossil fuel emissions,” Kevin Anderson, professor of Energy and Climate Change at the University of Manchester, said in a statement responding to the study. “Rather than serving as a credible mitigation technology, CCS has largely functioned as a rhetorical device to delay robust fossil fuel regulation.”
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.Nigel Farage urges you to ignore facts and reality and be a climate science denier like him. He says that Reform UK has received millions and millions from the fossil fuel industry to promote climate denial and destroy the planet.
The price of eggs has more than doubled in the past eight years, which isn’t great, but at least you can eat eggs. The price of US government subsidies for the fossil-fuel industry has also more than doubled in that time, which is far, far less great. Welfare for an industry that makes billions of dollars in profits and pollutes the climate is worse than useless. It’s self-destructive.
The federal government gives oil, gas and coal producers at least $34.8 billion in subsidies each year, according to a new study by the research and advocacy nonprofit Oil Change International. In 2017, OCI estimated these gifts at $14.7 billion annually. This doubling in federal largesse has taken place under both Democratic and Republican political administrations, highlighting the difficulty of stopping its growth, much less reversing it.
In fact, some of the most recent extensions of federal aid have made it possible for these subsidies to explode in the future, threatening to reach trillions of dollars. When the world needs exponential growth in clean-energy investments to avoid the most catastrophic effects of global heating, the US government will be bankrolling fossil-fuel expansion and stoking the emergency.
Donald Trump urges you to be a Climate Science denier like him. He says that he makes millions and millions for destroying the planet, Burn, Baby, Burn and Flood, Baby, Flood.Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)Experienced climbers scale a rock face near the historic Dumbarton castle in Glasgow, releasing a banner that reads “Climate on a Cliff Edge.” One activist, dressed as a globe, symbolically looms near the edge, while another plays the bagpipes on the shores below. | Photo courtesy of Extinction Rebellion and Mark Richards
“We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said recently. Her promise to “maximise extraction” sets up a clash between political ambitions, economic reality and geological limits.
Reform UK has also said drilling for more oil and gas in the North Sea would be a “day one” priority. But even if the Conservatives or Reform were to be elected and lifted the current moratorium on new exploration licenses, there might not be the promised prizes of oil and gas under the seabed – or enough appetite from investors – to deliver on that promise.
BP, in those days British Petroleum, first extracted gas from under the North Sea in 1967. It marked the start of what was to become, for decades, one of the most valuable sectors of the UK economy, with more than 400 separate oil and gas fields developed to date.
But production peaked in 1999 and the North Sea now produces less than half as much as in its heyday.
It is now a “mature” basin: most of the biggest and easiest-to-develop fields have already been discovered and depleted. What remains are smaller, sometimes more remote, and often more technically challenging or expensive resources and reserves.
This is typical of ageing oil and gas provinces, where production declines even as operating costs rise. New projects must compete with oil and gas extracted from other parts of the world where it is easier and cheaper and more appealing to investors.
Finding oil and gas
Historically, only one in eight exploration wells in the North Sea led to a field producing oil and gas. That ratio has improved: between 2008 and 2017, a bit more than one in four wells led to a commercial success.
But far fewer wells are being drilled today. Even with the advances in technology, such as improved geophysical imaging which allows us to better define opportunities ahead of drilling, the big discoveries were probably made decades ago.
UK exploration wells vs offshore fields by year:
The number of exploration wells is down hugely from its peak in the 1980s and early 90s. Mark Ireland / NSTA
The UK government’s North Sea Transition Authority estimates there could still be around 3.5 billion barrels of oil equivalent in more than 400 undeveloped prospects. But most of these potential fields are small, isolated or technically complex. Developing them will require high oil and gas prices, fiscal stability, and a lot of investor confidence.
Politics vs geology
Even if a future government relaxes exploration licensing rules, geology will remain the bigger constraint. The North Sea is simply not as cheap as it was, and global fossil fuel giants have many other options. It is currently far cheaper to produce oil and gas in other regions, the Middle East or North Africa for example. Projects in these countries are all competing for the same capital.
Volatility in the energy sector will continue to make investors cautious. The 2015 oil price crash cut activity in the UK sector to its lowest level in decades, and it has never fully recovered. As fossil fuels are sold on the global market, political volatility, international and national, can lead to rapid shifts in investor confidence.
In the UK the introduction of a windfall tax in 2023 and changing requirements for environmental impact assessments are all making decision making on long-term projects riskier. And while the UK still needs considerable volumes of gas in future (and more modest amounts of oil) both are declining as our energy system evolves and renewable energy expand.
The UK’s mix of economic uncertainty, mature geology and smaller discoveries will make it harder to attract major international energy firms.
The future of the North Sea
That doesn’t mean the North Sea has finished as a source of oil and gas. For instance, undeveloped discoveries – where oil or gas has been confirmed but not yet produced – represent a lower-risk opportunity. But returns may be modest as many are relatively small and isolated from existing infrastructure.
New exploration licenses, if issued, might extend production modestly, but they are unlikely to deliver another game-changing discovery.
Some analysts argue that future licensing should be highly strategic, limited to projects with clear economic importance or climate compatibility. That approach could reduce reliance on imported gas, which tends to be more carbon-intensive than gas produced domestically. This would certainly make more sense than restarting fracking. But it would still not recreate the industry’s heyday.
Easy oil is over
The North Sea will still produce oil and gas for years to come, but its role will shrink. Even with friendlier policies, the era of big discoveries and rapid growth isn’t coming back.
Maximising extraction may sound appealing to politicians, but geology, economics and climate commitments all point to the North Sea’s best oil and gas days being behind it. The real challenge now is managing the investment during decline while investing in the cleaner solutions that will replace it.
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