Calendar – Click on Date for links entered on that Day
- Trump Coup Nightmare: See The Moment Fox News Turns Amidst ‘Devastating’ Smoking Gun June 30, 2022
- UNICEF: ‘Children are facing cascading crises around the world’ • FRANCE 24 English June 29, 2022
- In the Black Fantastic: London art show addresses racial injustice June 29, 2022
- Noam Chomsky on Propaganda Models June 29, 2022
- The Center for the Study of Slavery & Justice – CSSJ | Brown University June 28, 2022
- 2022 UN Ocean Conference | United Nations June 27, 2022
- UN head declares ‘ocean emergency’ as global leaders gather in Lisbon | Oceans | The Guardian June 27, 2022
- Boston Mayor Michelle Wu Address | Harvard Class Day 2022 June 27, 2022
- CIA Officer Exposes Secret Wars: “The CIA Is Running 50 Covert Actions and 13 Big Ones” (1986) June 27, 2022
- We are Zama Zama – BBC Africa Eye documentary June 27, 2022
- Sierra Club’s 2030 Strategic Vision June 27, 2022
- World faces ‘ocean emergency’, UN warns, as activists urge action June 27, 2022
- Russia’s war in Ukraine: A chance or a setback for the climate? | DW Interview June 27, 2022
- Indian Slave Trade in the Colonial South (2014) June 27, 2022
- Ukraine war’s latest victim? The fight against climate change. – The Boston Globe June 27, 2022
- What impact has the coronavirus pandemic had on the environment? | COVID-19 Special June 26, 2022
- Climate Justice: Hope, Resilience, and the Fight for a Sustainable Future: Mary Robinson June 26, 2022
- Climate Restoration: The Only Future That Will Sustain the Human Race: Peter Fiekowsky, Carole Douglis June 26, 2022
- 9/11, False Flags, and Black Ops: America’s Growing Conspiracy Theorist Underground (2012) June 25, 2022
- GLOBALink | BRICS cooperation injecting impetus into global development June 25, 2022
- Top DOJ Staff Threatened Mass Resignation as Trump Weighed Naming Jeff Clark AG to Overturn Election June 25, 2022
- “Pure Insanity”: Trump Pushed DOJ to Chase Absurd Conspiracy Theories to Overturn 2020 Election June 25, 2022
- DOJ Eyes Trump After Feds Raid Trump Ally, Seize Phones June 25, 2022
- Radical Supreme Court Guts State Gun Laws & Right to Remain Silent Under Arrest June 25, 2022
- HEAT WAVES, A Deadly Threat June 24, 2022
- Southern Slavery, Unsanitized | The Daily 360 | The Whitney Plantation June 24, 2022
- 35th Portier Lecture: “White Trash: The 400-Year History of Class in America” June 24, 2022
- Damning: Jan. 6 Probe Reveals Trump Was Directly Involved In Fake Electors Plot June 24, 2022
- Katyal: Trump’s Treatment Of The Doj Akin To A ‘Third-rate Dictator’ June 24, 2022
- Former WH aide lists congressional members who asked for pardon | USA TODAY June 24, 2022
- US election officials detail Trump voters’ death threats – BBC News June 24, 2022
- Melber: January 6 Hearings Show Trump Pushing Voter Fraud Even As He Complained About It June 24, 2022
- HISTORY OF THE UNITED STATES Volume 3 June 24, 2022
- History of the United States Volume 1: Colonial Period June 24, 2022
- WATCH: Former Justice Department official said Trump asked him to call 2020 election ‘corrupt ’ June 23, 2022
- Every Step Trump Took to Oversee the ‘Big Lie,’ Told by Liz Cheney June 23, 2022
- The Betrayal of American Democracy: America’s Political Parties, Unions & the Media No Longer Work June 23, 2022
- SDG Roundtable: Fireside chat with Prime Minister Mia Mottley | United Nations June 23, 2022
- Permaculture Botanical Garden Makes Sustainable Food Systems Profitable June 23, 2022
- In the Shadow of Green Man: Reginaldo Haslett-Marroquin, Per Andreassen June 23, 2022
- James Stock looks ahead – Harvard Gazette June 23, 2022
- $200M gift to fund Harvard climate crisis institute – Harvard Gazette June 23, 2022
- Why Liberal Billionaires Can’t Save Us June 22, 2022
- Richard Nixon on the 1953 Coup in Iran: Eisenhower “Is Criticized for the CIA’s Role In It” (1991) June 20, 2022
- Belgium returns Lumumba tooth to relatives • FRANCE 24 English June 20, 2022
- Is a Recession Inevitable? Or Is the Fed Causing One Unnecessarily? – Robert Reich on CNN June 20, 2022
- “No Atonement, No Repair”: Nikole Hannah-Jones Calls for Slavery Reparations in Speech to U.N. June 20, 2022
- Harvard’s Deep Ties to Slavery: Report Shows It Profited, Then Tried to Erase History of Complicity June 20, 2022
- Juneteenth Special: Historian Clint Smith on Reckoning with the History of Slavery Across America June 20, 2022
- The U.S. Towns Created as Safe Spaces for Black Americans June 20, 2022
Daily Archives: November 9, 2015
Climate Change: New York vs. Exxon and the Coming Earthquake in the Financial Market | Assaad W Razzouk
Assaad W Razzouk CEO of Sindicatum Sustainable Resources Posted: 09/11/2015 11:04 GMT Updated: 09/11/2015 11:59 GMT
Late last week, New York State decided to examine whether Exxon Mobil, the oil company, may have violated state consumer protection laws or the Martin Act, New York’s powerful shareholder-protection statute.
The Martin Act gives the New York Attorney General broad powers to combat financial fraud and makes any “fraud, deception, concealment, suppression or false pretense” by a public company illegal.
The Attorney General’s move follows an impressive eight months investigation by the Pulitzer Prize winning InsideClimate News. In it, the publication showed that as far as back as the 1970s, Exxon knew that most fossil fuels might have to be left in the ground. Exxon should have therefore disclosed the extent to which its revenues and profits were at risk. But Exxon didn’t – instead choosing to suppress this information and to engage in mis-information campaigns over several decades.
If the Attorney General can show that Exxon knowingly misled its investors by lying about potential risks it knew about, then serious financial consequences will follow. The evidence gathered by InsideClimate News should make his job relatively straightforward.
An earthquake starts with an initial rupture. That’s what the Attorney General just triggered. This nucleation will now propagate to the $150 trillion capital markets, the global financial system concerned with raising capital through shares, bonds, and other long-term investments.
In the capital markets, companies (such as Exxon) must ensure that material risks to their business are disclosed. Equally, investors (such as buyers of Exxon shares) have legal obligations to assess risks to ensure these are in line with their investment mandates.
For example, pension funds, which account for approximately twenty five per cent of the capital markets, are meant to invest with a long term horizon in order to provide retirement income to people some 40 years after they have started contributing money to them. A pension plan invested in Exxon (or BP, Shell and other fossil fuel companies) should therefore take into account the fact that climate change poses catastrophic risks to people and to assets, and price the material risks to its investments as the use of fossil fuels is inevitably limited.
But to this day, pension funds and the financial markets are for the most part sitting and waiting on the side lines, ignoring climate risks by hiding behind the flimsy excuse that they need governments to set a price on carbon first, before they are able to price climate risks into their investments.
Published on Nov 9, 2015
Democracynow.org – Doctors Without Borders (MSF) continues to demand an independent war crimes probe of the U.S. bombing of its hospital in Kunduz, Afghanistan, after releasing its own preliminary investigation. The U.S. airstrike on October 3 killed at least 30 people, including 13 staff members, 10 patients and seven unrecognizable victims yet to be identified. In a new report based on interviews with dozens of witnesses, MSF describes patients burning in their beds, medical staff who were decapitated and lost limbs, and staff members shot from the air while they fled the burning building.
Doctors and other medical staff were shot while running to reach safety in a different part of the compound. MSF says it provided the GPS coordinates to U.S. and Afghan officials weeks before and that the strikes continued for half an hour after U.S. and Afghan authorities were told the hospital was being bombed. We are joined by Jason Cone, executive director of Doctors Without Borders USA.
Published on Nov 9, 2015
Democracynow.org – The environmental movement is celebrating one of its biggest victories to date: President Obama’s rejection of the Keystone XL oil pipeline. After years of review and one of the most vocal grassroots campaigns this country has seen in decades, Obama announced Friday he will not allow Keystone on his watch. The pipeline would have sent 830,000 barrels of crude every day from Alberta’s oil sands to refineries on the U.S. Gulf Coast.
The fight to block the pipeline saw activists chaining themselves to construction machinery along the pipeline’s route, hundreds getting arrested in acts of civil disobedience outside the White House, and hundreds of thousands taking part in the largest climate change march in history, the People’s Climate March, just over a year ago. We are joined by two guests deeply involved in the victorious fight to stop the Keystone XL: Clayton Thomas-Muller, a leading organizer and writer on environmental justice and indigenous rights in Canada, and Jane Kleeb, executive director of Bold Nebraska, a political advocacy group that emerged as one of Keystone XL’s chief opponents.
9 November 2015
The World Bank is warning climate change could force more than 100 million people into extreme poverty by 2030. The new report predicts upheaval from drought, extreme weather and the spread of diseases like malaria.
Second Rare Cyclone Batters Yemen
The warnings about climate change and extreme weather come as Yemen has been battered by a second, extremely rare cyclone. At least one person was killed, and thousands fled. The storm came less than a week after an earlier cyclone killed 11 people and dumped almost a decade’s worth of rain in two days.
President Obama has rejected the Keystone XL oil pipeline in one of the environmental movement’s biggest victories to date. After years of review and one of the largest grassroots campaigns in decades, Obama announced Friday he will not allow Keystone on his watch.
President Obama: “America is now a global leader when it comes to taking serious action to fight climate change. And frankly, approving this project would have undercut that global leadership. And that’s the biggest risk we face: not acting.”
The Keystone pipeline would have sent 830,000 barrels of crude oil every day from Alberta’s oil sands to refineries on the U.S. Gulf Coast. We’ll have more on the pipeline’s defeat later in the broadcast.
Cole Mellino | November 6, 2015 10:50 am
In 2007, Rupert Murdoch embraced the fight to stop climate change, unveiling plans to be the “first global media company to achieve carbon neutral[ity],” according to International Business Times. “Climate change poses clear, catastrophic threats. We may not agree on the extent, but we certainly can’t afford the risk of inaction,” he said. “The climate will not wait for us.” But in the decade or so since then, he’s repeatedly made statements denying the consensus on man-made global warming.
“We should approach climate change with great skepticism. Climate change has been going on as long as the planet is here,” said Murdoch in an interview last year with Sky News of Australia. “There will always be a little bit of it. We can’t stop it, we’ve just got to stop building vast houses on seashores. The world has been changing for thousands and thousands of years, it’s just a lot more complicated today because we are more advanced.”
Published on Jul 13, 2014
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According to Murdoch we just have to move a bit inland and the worst is a temperature rise of 3 degree and a modest sea level rise of six inches. However, according to the IPCC (representing the best science the world has to offer) we are on track to a 4 degree temperature rise with broad disastrous consequences, disrupting everyday life for many, outlined for instance here: