The Ecologist

 

finance: 25/50 of 293
« back | next »

The Vermont Yankee Nuclear Power Plant is set to cost $1.2 billion to decommission, but the fund set up by its owner, Entergy, contains just $625 million - and Entergy has already been rumbled for using the fund to pay for nuclear waste disposal. Photo: U

US nuclear industry's plan thanks to NRC: let taxpayers carry the can for closed power plants

Linda Pentz Gunter

13th May 2016

With five reactors closed in the last three years, the US nuclear industry is in shutdown mode, writes Linda Pentz Gunter - and that means big spending on decommissioning. But now the nuclear regulator is set to exempt owners from safety and emergency costs at their closed plants - allowing them to walk away from the costs and liabilities, and palm them onto taxpayers. more...
Farmers on the storm ... Madhya Pradesh, 31st July 2013. Photo: Rajarshi MITRA via Flickr (CC BY).

Militarism and Monsanto or Gandhi and Bhaskar Save? The agroecology alternative

Colin Todhunter

9th May 2016

The corporate war on traditional farming is nowhere fiercer than in India, writes Colin Todhunter. After decades of the 'Green Revolution' that have impoverished the nation's soils, water, biodiversity and cultivators alike, agribusiness is poised for its final strike. But now the small scale farmers who produce most of the country's food are rediscovering ancient agroecological alternatives. more...
Mindful living is beautiful in thought and even better in reality. Picture a small-town sanctuary where you can find yourself, live in the moment, and relish the simple things in life. Photo: via Viviane Mahieux.

Brutal, opaque, illegal: the dark side of the Tres Santos 'mindfulness' eco-tourism resort

Viviane Mahieux

29th April 2016

A small fishing community in Mexico's Baja California is playing involuntary host to a gigantic tourism and real estate development, writes Viviane Mahieux. And while the branding of the Tres Santos resort is all about mindfulness, ecology and sustainability, the reality is one of big money, high level politics, and the unaccountable deployment of state violence against those who dare oppose it. more...
World Bank Group President Jim Yong Kim on fossil fuels: 'Do as I say, not as I do'. Photo: World Bank Photo Collection via Flickr (CC BY-NC-ND).

World Bank doubles fossil fuel funding in four years

Victoria Seabrook / DeSmog.uk

18th April 2016

World Bank President Jim Kim talks a good talk on cutting support to fossil fuels. But what the bank does, writes Victoria Seabrook, is a whole other story. Not only is the WB Group still pouring money into the sector, but its funding doubled between 2011 and 2015. more...
CETA could act as a 'backdoor agreement' for US corporations even if TTIP fails - no wonder they are trying to push it through!  Demo against TTIP & CETA in Hamburg, February 2015. Photo: Foto: Chris Grodotzki / Campact via Flickr (CC BY-NC).

CETA Canada-EU 'free trade' deal could come into force without vote

Oliver Tickell

15th April 2016

The Stop TTIP coalition is warning that under a 'stealth clause' in CETA the trade deal could come into force without a single parliamentary vote - including its ISDS provisions allowing investors to sue governments in secret courts. US corporations would then be able to sue EU nations - even if TTIP fails. more...
With damming of the Tapajos river, a whole world of biodiversity, beauty and indigenous cultures will be destroyed forever. Photo: Canoe on the Tapajos by Clairex (CC BY-NC-SA).

European companies line up to bid for Amazon megadam

Zachary Davies Boren / Greenpeace Energydesk

13th April 2016

Disregarding revelations of systemic political corruption in Brazil's hydropower sector, President Dilma Rousseff is ploughing ahead with a cascade of giant dams on the mighty Tapajos river. Among the companies touting to win huge construction contracts are France's EDF and Engie, and Germany's Voith and Siemens - in a consortium led by Brazil's Electrobras, which stands accused of high-level corruption over four other dam projects. more...
The nuclear show must go on! Sign for the Atomic Theater at the Museum of Science & Technology at Oak Ridge National Laboratory, TN, USA. Photo: Joel Kramer via Flickr (CC BY).

'New' nuclear reactors? Same old story

Amory Lovins

12th April 2016

The nuclear industry is forever reinventing itself with one brilliant 'new' idea after another, Amory Lovins wrote in this classic 2009 essay. But whether it's touting the wonders of future SMRs, IFRs or LFTRs, the reality never changes: the reactors they are building right now are over time, over budget and beset by serious, entirely unforeseen technical problems. more...
Donald Trump speaking at CPAC 2011 in Washington, D.C. Photo: Gage Skidmore via Flickr (CC BY-SA)

Two minute hate? Trump, the enemy at the gates of US corporate power

John McMurtry

11th April 2016

There are many good reasons to criticise Donald Trump, writes John McMurtry. But none of these matter to the US media, political and corporate powers determined to keep him out of the White House. With his radical talk of halving military spending, controlling Big Pharma and exiting 'free trade' agreements, Trump is a direct threat to the parasite capitalism that's destroying America. more...
Jin Liqun, President of the Asian Infrastructure Investment Bank, during the 'Asia’s Era of Infrastructure' session at the World Economic Forum in Davos, Switzerland, 22nd January 2016. Photo: Monika Flueckiger / WEF / swiss-image.ch via Flickr (CC BY-N

New development banks propel environmental 'race to the bottom'

Bill Laurance / James Cook University

8th April 2016

New development financiers like China's Asian Infrastructure Investment Bank are driving a global attack on the environment, writes Bill Laurance. With their fast track 'no questions asked' procedures, they are financing a wave of destructive mega-projects, giving the World Bank and other lenders the excuse to lower their already weak safeguards. more...
La Condamine, Monaco. Photo: Anandkumar N via Flickr (CC BY-NC).

It's the tax havens that own the politicians!

Donnachadh McCarthy

6th April 2016

Never mind Cameron's mealy mouthed denials that he or his family benefit from tax havens, writes Donnachadh McCarthy. The real problem is systemic: Britain's entire political establishment has long been owned by tax haven wealth. Finally a senior politician, Jeremy Corbyn, has the courage to stand up to the unaccountable super-rich. more...
A farmer stands amidst a rice farm in Burundi, Africa. Photo: IRRI via Flickr (CC BY-NC-SA).

Philanthropic colonialism: embedding agribusiness and GMOs into African agriculture

Colin Todhunter

8th April 2016

Perhaps all the 'do gooders' busy forcing industrial models of agriculture onto poor but independent African farmers really do think they are helping them, writes Colin Todhunter. But if so they are deeply deluded. All they will achieve is the takeover of export-oriented agribusiness and GMOs, the destruction of agroecological farming systems, and a future of debt and landlessness. more...
Turbine at EDF Renewable Energy's Bobcat Bluff Wind Project, spanning approximately 14,000 contiguous acres, in Archer County, Texas. Photo: EDF Renewable Energy.

EDF shows that wind makes better sense than nuclear

Chris Goodall

1st April 2016

EDF in the UK may be propelled by its disastrous nuclear ambitions, writes Chris Goodall. But across the Atlantic it's another story: the company is the US's biggest wind developer, and selling its power, profitably, for under 40% of the price it has been promised for Hinkley C, including federal tax credits. more...

finance: 25/50 of 293
« back | next »

What was left for the Nigerian people after the corrupt oil deal? Ogoniland fisherman showing the effect of Shell's oil pollution in a local creek. Photo: Milieudefensie via Flickr (CC BY-NC-SA).

Shell investigated over $1 billion corrupt oil deal

Vanessa Amaral-Rogers

4th April 2016

Italian prosecutors have raided Shell's offices to investigate the suspicious acquisition of a huge offshore oil field in Nigeria, writes Vanessa Amaral-Rogers. The oil block, sold by the Government for $20 million to a shell company owned by the oil minister, was later acquired for $1.1 billion by Shell and Eni. more...
Peoples' Representatives marching to Malacañang to confer the 'King Coal Award to President Noynoy Aquino, for his approval of 59 coal plants in the Philippines; 20th October 2015. Photo: AC Dimatatac / 350.org via Flickr (CC BY-NC-SA).

Climate hypocrisy: JP Morgan's empty promises on coal

Assaad Razzouk

24th March 2016

JP Morgan's announcement that it's pulling out of coal is purest doublespeak, writes Assaad Razzouk. But it's not the only financier to engage in climate hypocrisy, as banks prepare to lend $5 trillion to build 2,440 new coal power stations. To deliver the Paris Agreement they - and the loans that would finance them - must be cancelled. more...
The Rio Blanco community at its blockade of the Agua Zarca dam. Photo: COPINH.

Gustavo Castro Soto and the rigged investigation into Berta Cáceres’s assassination

Beverly Bell

23rd March 2016

The Government of Honduras is intent on framing the only witness to the murder of Berta Cáceres as the one guilty of the crime, writes Beverly Bell. Gustavo Castro Soto, an eco-defender from Mexico, is now in effective detention in his country's embassy in Tegucigalpa in fear of his life, having himself been injured in the attack and seen the real assassin. The US Government must break its resounding silence. more...
Artist's impression of the Hinkley Point C nuclear plant. Image: EDF Energy.

Hinkley C 'secret documents' may have to be disclosed

Terry McAlister / Guardian Environment

21st March 2016

Backed up the Information Commissioner, DECC refuses to release the documents it sent to the European Commission to support its massive subsidy package for the Hinkley C nuclear plant, writes Terry McAlister. But now the case will go before a tribunal which could order their release. more...
Coffee cup. Photo: Kordite via Flickr (CC BY-NC).

UK's 3 billion waste coffee cups a year: let those who profit pay the cost

Donnachadh McCarthy

18th March 2016

Our insatiable appetite for expensive coffee is causing a global trail of waste and destruction, writes Donnachadh McCarthy. Following the successful campaign for a 5p plastic bag levy, it's time to move on to a much larger 25p levy on disposable coffee cups - making those that profit from the waste carry the cost of its disposal. more...
A COPINH protestor with Honduran policeman. Photo: Felipe Canova via Flickr (CC BY-NC).

Berta Caceres colleague murdered in Honduras

The Ecologist

16th March 2016

Less than two weeks after the murder of Honduran eco defender Berta Caceres, another indigenous leader has been shot dead during the violent police and military eviction of 150 families from the settled community of Rio Chiquito. International funders of the controversial Agua Zarca hydro project are now backing out.. more...
All five Founding Members of MIT's prestigious new Energy Institute are oil companies: BP, ENI, ExxonMobil, Saudi Aramco and Shell. It has so far attracted $600m in funding, almost all of it from the fossil fuel sector. Image: from MITEI website.

Universities' love affair with fossil fuel companies must end

James Dyke

15th March 2016

Climate change is perhaps our generation's greatest challenge, and few people are better placed to know it than academics in our top universities, writes James Dyke. But they are still accepting huge sums of fossil fuel money, in the process helping donors in their quest to extract and burn ever more coal, oil and gas. This must stop. more...
Oil-coated dolphin washed up on the Gulf coast following the Deepwater Horizon disaster, projected onto the walls of the Science Museum by 'BP or not BP'. Photo: BP or not BP.

BP doubles EU lobby spend, drops Tate sponsorship

Kyla Mandel / The Ecologist

14th March 2016

Oil giant BP is the UK's single biggest EU lobbyist, spending over £2 million reaching out to European policy makers in 2014, new figures show. But citing hard times, the company has dropped its controversial sponsorship of the London's Tate Galleries - and more such branding deals may bite the dust. more...
Muammar al-Gaddafi: 'I rule!'. Photo: Neil Weightman via Flickr (CC BY-NC).

Why Qaddafi had to go: African gold, oil and the challenge to monetary imperialism

Ellen Brown

14th March 2016

What was NATO's violent intervention in Libya really all about? Now we know, writes Ellen Brown, thanks to Hillary Clinton's recently published emails. It was to prevent the creation of an independent hard currency in Africa that would free the continent from economic bondage under the dollar, the IMF and the French African franc, shaking off the last heavy chains of colonial exploitation. more...
Too bad about the Ferrari. But far more serious is the health damage caused by pollution from HGVs and other diesel vehicles, which is causing a surplus mortality of some 40,000 people a year across the UK. Photo: Paul Townsend via Flickr (CC BY-ND).

To clean up air pollution we must dump diesel - and here's how

Richard Howard / Policy Exchange

11th March 2016

Low Emissions Zones have their place in cleaning up the UK's worst air pollution hotspots, writes Richard Howard. But we also need to adopt fiscal measures to encourage a shift away from diesel vehicles, at once delivering cleaner air, increased tax revenues, and lower carbon emissions. more...
US suburbia: alright for some. But access to it was regulated along strictly racial lines. Mid 20th century calendar illustration. Photo: wackystuff via Flickr (CC BY-NC).

Racist housing? How postwar suburban development led to today's inner-city lead poisoning

Leif Fredrickson, University of Virginia

7th March 2016

The lead poisoning crisis in Flint, Michigan is just the tip of a vast iceberg of lead contamination afflicting mainly urban black communities, writes Leif Fredrickson. A rigid 'race bar' on postwar suburban housing and mortgages left black families in inner cities, exposed to flaking lead paint in run down housing, leaded gasoline residues and lead pipework. Now is the time to correct this shocking historic injustice. more...
Solar heating evacuated tubes being installed on a roof in Thorton Heath, England. Photo: szczel via Flickr (CC BY-NC-SA).

Would you believe it? Yet another UK solar energy cut!

Oliver Tickell

7th March 2016

After ten massive renewable energy cuts that are leaving the UK falling well short of EU renewable energy targets, an eleventh! The axe is now falling on solar heating, writes Oliver Tickell - even though it's meant to be at the core of the government's renewable energy strategy. more...
Running from Nuclear Zombies. Photo: Clement127 via Flickr (CC BY-NC-ND 2.0)

EDF's leaked Board Agenda: Zombie nuclear projects and 'beyond the grave' reactors

Jonathon Porritt

29th February 2016

French nuclear parastatal EDF is facing problem after problem - zombie nuclear projects in the UK, Finland, China and France, a fleet of 'beyond the grave' reactors, a dropping share price and its drooping credit rating. But is it really as bad as all that? Jonathon Porritt has exclusive access to the leaked Agenda of its latest board meeting. And the answer is - no. It's even worse. more...

ECOLOGIST COOKIES

Using this website means you agree to us using simple cookies.

More information here...

 

FOLLOW
THE ECOLOGIST