Gov. Jerry Brown of California announced the Climate Action Summit, planned for San Francisco in September 2018, in a video.
By LISA FRIEDMANJULY 6, 2017
Gov. Jerry Brown of California on Thursday reinforced his reputation as America’s de facto leader on climate change, announcing to cheering crowds in Hamburg, Germany that his state would gather leaders from around the world for a global warming summit next year.
Speaking by videoconference to the Global Citizens Festival in Hamburg, where President Donald Trump is joining other world leaders for the Group of 20 economic summit, Governor Brown said the president “doesn’t speak for the rest of America” in pulling out of the Paris agreement on climate change.
“Look, it’s up to you and it’s up to me and tens of millions of other people to get it together to roll back the forces of carbonization and join together to combat the existential threat of climate change. That is why we’re having the Climate Action Summit in San Francisco, September 2018,” Governor Brown told the crowd.
“Yes, I know President Trump is trying to get out of the Paris agreement, but he doesn’t speak for the rest of America,” he said. “We in California and in states all across America believe it’s time to act.” Mr. Trump declared in June that the United States would withdraw from the 2015 pact, in which nearly 200 nations pledged to curb greenhouse gas emissions and support poor countries’ plans to develop clean energy and protections against climate-related disasters.
Global Climate Action Summit
Uploaded on Jul 6, 2017
A new report shows that the US government provided about $6 billion annually in financial support to the oil, gas, and coal industries between 2013 and 2015. That’s over four times the amount that went to clean energy, which received $1.3 billion.
The report, released July 5, is the product of research conducted by Oil Change International, Friends of the Earth, the Sierra Club, and the World Wildlife Fund’s European Policy Office. Their goal was to parse out the amount of public financing — defined as grants, equity, loans, guarantees, and insurance from majority government-owned financial institutions— that various G20 countries have given to domestic and international energy production.
Data came from Oil Change International’s “Shift the Subsidies Database,” which tracks public financial flow to fossil fuel industries from 2008 until the present. According to that database, the US provided $832 million annually to coal and $5 billion to oil and gas. (It was not possible to determine the split between coal, oil, and gas for the remaining $160 million.)
The US also received $17.5 billion in fossil fuel financing from other G20 countries.
For decades, wealthy countries and private companies have been using international aid, export credit support, and other foreign assistance – grants, loans, equity, and loan guarantees – to subsidize the expansion of the global fossil fuel industry.
For more than a decade, Oil Change International has been tracking these public financial flows to fossil fuels. Our Shift the Subsidies Database of energy finance from international, regional, and bilateral public financial institutions around the world now includes over 7,000 energy finance transactions going back to 2008.
International financial institutions such as the World Bank Group and regional development banks, along with export credit agencies and bilateral aid agencies, provide tens of billions of dollars each year in direct financial support to oil, gas, and coal companies to expand production globally. This dirty energy infrastructure causes local pollution, relocation of communities, and contributes to climate change – which is already hitting developing countries and the poor hardest. Even worse, it rarely supports increased access to energy for the poor, despite this being a common excuse used by politicians when asked about their funding of dirty energy.
Thom Hartmann Program
Published on Jul 6, 2017
Thom speaks with guest Christine Hong (Associate Professor – University of California, Santa Cruz, and Executive Board Member – Korea Policy Institute) about the current tensions surrounding North Korea and the nuclear/missile program, the root causes going back to the 50s, and what we might expect to see going forward. (Pt 2/2)