Daily Archives: November 6, 2017

Alzbeta Klein discusses growing investments in climate business solutions


CGTN America
Published on Nov 6, 2017

CGTN’s Susan Roberts spoke to Alzbeta Klein, global head and director of IFC’s Climate Business on main goal of COP 23 climate summit.

Advertisements

Trump’s Proposed Tax Overhaul Would Give Billions to Trump & Cabinet While Sparking Global “Tax War”


Democracy Now!

Published on Oct 23, 2017

https://democracynow.org – As the Senate narrowly passes a budget bill that clears the path for a historic tax reform, we’ll look at how President Trump’s proposed tax overhaul would shower billions of dollars in tax cuts upon the wealthiest Americans—including President Trump’s family and members of his administration. An analysis by the Center for American Progress Action Fund shows President Trump’s family and Trump’s Cabinet members would, combined, reap a $3.5 billion windfall from the proposed repeal of the estate tax alone. Trump’s plan would cap the tax rate on “pass-through income” at 25 percent—a move that would also shower millions in savings upon millionaires and billionaires. We speak with economist James Henry of the Tax Justice Network and Pulitzer Prize-winning journalist David Cay Johnston, whose latest piece is titled “Nine Reasons Trump’s Tax Plan Will Hurt You.”

Yanis Varoufakis on Global Capitalism & How Trump’s Tax Plan is Class War Against the Poor


Democracy Now!

Published on Nov 3, 2017

https://democracynow.org – President Trump and House Republicans have unveiled their long-promised proposal to reform America’s tax code, with Trump calling it a “big, beautiful Christmas present” for the American people. Critics say the gift is a tax cut for the richest Americans. We discuss the proposal with economist and former Greek Finance Minister Yanis Varoufakis, who argues, “It’s an out-and-out class war waged against the poorest, the weakest, the disenfranchised—the very same people that Donald Trump appealed to in order to get elected.”

“Paradise Papers” Reveal Massive Tax Evasion by World’s Wealthiest


Nov 06, 2017

Shocking new revelations reveal the ways the world’s richest men stash away billions of dollars in wealth in offshore tax havens. The revelations, known as the Paradise Papers, came in 13.4 million leaked documents published over the weekend revealing how the Bermudan law firm Appleby helps corporations and the world’s wealthiest people evade taxes and obscure their ownership of everything from private planes to whole companies.

Among those implicated is Wilbur Ross, who continued to invest in a shipping company tied to Russian President Vladimir Putin’s son-in-law even after he became President Trump’s commerce secretary. The shipping company Navigator Holdings is also linked to a Russian oligarch subject to U.S. sanctions.

The files also implicate Trump’s secretary of state, Rex Tillerson; his chief economic adviser, Gary Cohn; Treasury Secretary Steven Mnuchin; Jon Huntsman, Trump’s new U.S. ambassador to Russia; and Carl Icahn, Trump’s billionaire former adviser. We’ll have more on the Paradise Papers later in the broadcast.

See:

U.S. Government Report Finds Climate Change Massive, Human-Caused + United Nations Climate Talks Open in Bonn Amid U.S. Withdrawal + Germany: Thousands March in Bonn, Shut Down Open-Pit Coal Mine


Nov 06, 2017

The floods came as a comprehensive new study by the U.S. government finds global average temperatures have increased 1.8 degrees Fahrenheit since 1900 and will continue to rise along with greenhouse gas emissions, with human activity as the only plausible driver. The stark warning came as part of the National Climate Assessment, a congressionally mandated report due every four years. The assessment was approved by the White House—a move that surprised many observers, though spokesperson Raj Shah later sought to downplay its scientific findings.

United Nations Climate Talks Open in Bonn Amid U.S. Withdrawal
Nov 06, 2017

The report was released shortly before thousands of delegates from nearly 200 countries gathered Monday for United Nations climate talks, with President Trump’s move to withdraw the U.S. from the Paris climate accord casting a shadow over negotiations. The talks are presided over by the Republic of Fiji—one of several small island nations that face an existential threat from sea level rise caused by climate change. This is Fiji’s Prime Minister Frank Bainimarama.

Prime Minister Frank Bainimarama: “We bring a message from Fiji and the Pacific and the vulnerable nations of the world, to say that enough is enough. We need the political will of the parties to make the changes necessary to bring about—to get rid of the suffering from the people of the world.”

Germany: Thousands March in Bonn, Shut Down Open-Pit Coal Mine
Nov 06, 2017

Ahead of this year’s climate talks, thousands of activists marched Saturday through the streets of Bonn calling for an end to coal production. Organizers said as many as 25,000 joined the protest. On Sunday, thousands of protesters stormed onto the grounds of the massive Hambach coal mine west of Bonn, shutting down a massive coal excavator. The site is the largest open-pit mine in Europe.

Paradise Papers: Millions of Leaked Docs Reveal Shady Ties & Tax Evasion by Trump’s Inner Circle

Paradise Papers Reveal Tax Evasion & Shady Dealings by Nike, Apple, Queen of England & Trump Cabinet

Democracy Now!   Published on Nov 6, 2017
https://democracynow.org – A slew of 13.4 million leaked documents revealed how the world’s richest men stash away billions of dollars in wealth in offshore tax havens. The revelations, known as the Paradise Papers, implicate more than a dozen of President Trump’s Cabinet members, advisers and major donors. We continue our conversation with Frederik Obermaier, co-author of the Paradise Papers. He is an investigative reporter at Germany’s leading newspaper, Süddeutsche Zeitung. Obermaier also worked on a separate investigation, the Panama Papers, and is co-author of the book “Panama Papers: The Story of a Worldwide Revelation.”

From Bali to Marrakech: A Decade of International Climate Negotiations

PDF Download

This book tells the story of the negotiations that resulted in the adoption of the Paris Agreement in 2015 through its entry into force in November 2016 through the Earth Negotiations Bulletin analyses and specially written narratives. The book also contains a foreword by Christiana Figueres and a message from current UNFCCC Executive Secretary Patricia Espinosa.

It is available for free download at http://www.iisd.org/sites/default/files/publications/bali-marrakech-decade-international-climate-negotiations.pdf

Earth Negotiations Bulletin daily coverage of UNFCCC COP23 begins Monday, 6 November 2017 at http://enb.iisd.org/climate/cop23/

Pamela Chasek, PhD

Executive Editor, Earth Negotiations Bulletin

IISD Reporting Services
300

East 56th Street #11D
New York, NY 10022 USA
+1-212-888-2737

E-mail:

pam

International Institute for Sustainable Development (IISD)

www.iisd.org

IISD Reporting Services – Earth Negotiations Bulletin
www.iisd.ca

Subscribe for free to our publications

http://www.iisd.ca/email/subscribe.htm