Fossil Fuel

The Political Economy of Saving the Planet – Bob Pollin part 1/2
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The Political Economy of Saving the Planet – Bob Pollin part 1/2

ByTalia Baroncelli

The issue of banning (or not banning) fracking has been at the forefront of the 2024 presidential debates between former President Trump and Democratic nominee Kamala Harris. Fracking, a technique that involves horizontal drilling to extract gas and oil from shale rock, risks methane leaks and other environmental hazards. Professor Bob Pollin, economist and Co-Director of the Political Economy Research Institute (PERI), lays out the elements of a Global Green New Deal to avert climate catastrophe and achieve net zero emissions by 2050. Can we frack and still reach this goal? 

COP28: Talk Green, Play Dirty – Patrick Bond

COP28: Talk Green, Play Dirty – Patrick Bond

ByTalia Baroncelli

Patrick Bond, political economist, Professor of Sociology at the University of Johannesburg, and Director of the Centre for Social Change, expands on the first Global Stocktake produced at COP28. He criticizes the document’s weak language of “transitioning away” from fossil fuels, which he says is a distraction from the need to phase out fossil fuels outright. Sanctions such as the Carbon Border Adjustment Mechanism (CBAM) to prevent carbon leakage were removed from the GST in the name of promoting global trade, another aspect Bond problematizes. He also addresses the BRICS+ divided approach toward Israel’s bombardment of the Gaza Strip.

COP28: Hypocrisy and Climate Appeasement – Bruce Robertson

COP28: Hypocrisy and Climate Appeasement – Bruce Robertson

ByTalia Baroncelli

Bruce Robertson, independent energy analyst, exposes the hypocrisies and lobbying taking place at COP28 and how talk of investing in a green transition is belied by increasing fossil fuel subsidies worldwide. He explains how the industry employs terms such as net zero and carbon capture and storage (CCS) to appease social opinion and pretend that emissions are being cut, while CCS technology has largely been a failure. Lastly, he tears into deceptive emissions accounting frameworks, which purport to reduce domestic emissions by exporting gas to other countries but, in fact, contribute to higher emissions globally.

Climate Lobbyists Hijack Progressive Climate Bills – Rebecca Burns
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Climate Lobbyists Hijack Progressive Climate Bills – Rebecca Burns

ByTalia Baroncelli

Rebecca Burns, journalist at the investigative news outlet The Lever, discusses her reporting on extensive lobbying efforts to hold up legislation which would require companies to disclose all of their greenhouse gas emissions. In a recent report, she details how the same lobbyists who seek to derail progressive climate legislation in California are also getting paid by counties and cities along the California coast to deal with the impact of coastal erosion and fires.

Extraction, Destruction of Ecosystems, and Fires in North America – Éric Pineault
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Extraction, Destruction of Ecosystems, and Fires in North America – Éric Pineault

ByTalia Baroncelli

Éric Pineault, professor of ecological economics at the Institute of Environmental Sciences at the University of Quebec in Montreal, explains how the fires raging in Canada are a corollary of the paradigm termed Extreme Oil. He discusses various oil and gas projects across North America, as well as the Canadian government’s support for the Trans Mountain Pipeline project, and how terms such as “net zero” and “carbon neutral” are misleading and conveniently serve Big Oil’s aims. 

His recent book A Social Ecology of Capital presents an empirical analysis of capitalist societies, which both builds on and enhances Marxist theories by accounting for the energy extraction and colonization of ecosystems, a characteristic of what he terms our “fossil-industrial” society. His conception of capitalist metabolism outlines extractivism, production, consumption, and waste dissipation, which leads to an absorption of surplus energy, capital accumulation, and profit maximization. Most importantly, how is this understanding of social ecology useful for furthering a project of emancipation?

Capitalism Has Never Been This Irrational – Paul Jay (pt 3/3)
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Capitalism Has Never Been This Irrational – Paul Jay (pt 3/3)

ByTalia Baroncelli

Talia Baroncelli interviews Paul Jay; “The financial elites know how dangerous the climate crisis is, but they won’t acknowledge the only solution is central planning, government regulation, and intervention. They know market mechanisms won’t work within a time frame that matters, if at all. They’re not against central planning. What is the Pentagon if not central planning? What is the Fed and bank bailouts if not central planning? Central planning in their interests and under their control is okay. But government planning that transforms the economy and phases out fossil fuel, is unacceptable. They hate any form of socialism more than they hate risking the end of civilization.”

U.S. Interference in the Middle East – 20 Years Since the U.S. Invasion of Iraq – Col. Larry Wilkerson
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U.S. Interference in the Middle East – 20 Years Since the U.S. Invasion of Iraq – Col. Larry Wilkerson

ByTalia Baroncelli

Col. Larry Wilkerson speaks about how the media’s portrayal of the U.S. invasion of Iraq barely encapsulates the damage wrought by the U.S.-led “coalition of the willing.” He also addresses recent developments in the Middle East, including Israel’s increasingly belligerent policy on Iran, how the Saudi-Iran deal might end the Saudi blockade of Yemen, and the military significance of Israel being moved from U.S. European Command to U.S. Central Command.

Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition

Fossil Fuel Industry Phase-Out: Three Critical Worker Guarantees for a Just Transition

ByLynn Fries

Robert Pollin says PERI research findings published in Fossil Fuel Industry Phase-Out and Just Transition demonstrate Just Transition policies are easily affordable in all high-income countries & imperative for any serious prospect of success in climate stabilization plans. Lynn Fries interviews Pollin on GPEnewsdocs.

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