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Elected representatives are reduced to the status of the proverbial 'three monkeys' by security rules forbidding disclosure of TTIP texts. Photo: Len

Secret TTIP talks resume Monday as EU-US rifts deepen

The Ecologist

19th February 2016

EU and US resume their negotiations next week over the TTIP trade and investment deal. But deep rifts have emerged over the corporate courts in which investors can sue governments for any actions that reduce their profits. Meanwhile MPs are seething over their restricted access to draft texts and negotiating documents. more...
New Yorkers Protest the $3 trillion Wall Street bailout, Wall Street, NYC,  September 25, 2008. Photo: A. Golden via Flickr (CC BY-NC-ND).

Money revolution: making banks public and locally accountable

Ellen Brown

18th February 2016

The private banking system that dominates North America and Europe works very well indeed, writes Ellen Brown - for the bankers. As for us, it's a disaster, as the banks use their monopoly over the creation of money itself, at interest, as a tool to extract ever more value from us and the entire economy. But there is another way! more...
More wind farms like this, combined with 'wind to gas' plants, gas storage and CCGT power stations, and you could have the same electricity production profile as the Hinkley C nuclear power station - more quickly and at lower cost and with lower financial

Wind power with 'windgas' is cheaper and greener than Hinkley Point C nuclear plant

Energy Brainpool

17th February 2016

If the UK really wants 3.2GW of 'baseload' power in Somerset, then the Hinkley C nuclear power station is not the only way, write Marie-Louise Heddrich, Thorsten Lenck and Carlos Perez Linkenheil. Wind power with 'wind to gas' plant and CCGT gas power stations could do the same - faster, cheaper, more flexibily, and at much lower technical and financial risk. more...
Under new government rules, local authorities won't be allowed to divest from fossil fuel investments - like the Hunter open pit coal mine in NSW, Australia. Photo: Jeremy Buckingham via Flickr (CC BY).

Government ban on fossil fuel divestment threatens future pensioners

J W Bode / Mongoose Energy

15th February 2016

The government is set to ban local authorities and their £14 billion pension funds divesting from companies they deem unethical, writes J W Bode. The law will specifically forbid divestment from fossil fuels - and that could put the pensions of future public sector retirees at risk. more...
30 protestors from Chard, Ilminster, Glastonbury, Bristol and Shepton Mallet occupied EDFs premises at Cannington Court today, urging EDF to cancel it's long-delayed Hinkley C project. While some protestors scaled a wall and went inside, others blockaded

EDF's Hinkley C offices occupied as UK nuclear hopes wither

Oliver Tickell

15th February 2016

An occupation of EDF's site office for Hinkley C turned into a celebration today as the EDF Board postponed its 'final investment decision' for the tenth time. With strong opposition among French unions and the project afflicted by severe technical and financial problems, it's not just Hinkley that's going down, but the UK's entire nuclear programme. more...
How long before all filling stations go this way? Photo: Wayne Stadler vis Flickr (CC BY-NC-ND).

The new 'peak oil'? A dollar invested in solar yields more energy than a dollar invested in oil

Chris Goodall

13th February 2016

According to oil company executives, oil is going to be a major energy source to 2100 and beyond. So after hearing an oil man make his case, Chris Goodall went home and crunched some numbers. Money invested in solar power already produces more energy than if it's put into oil exploration and production, and the gap is only going to widen from here. Is this the new 'peak oil'? more...
From the poster for the 1962 film 'Les Quatre Cavaliers de l'Acopalypse'. Photo: CartelesCine via Flickr (CC BY-NC-SA).

Arms, agribusiness, finance and fossil fuels: the four horsemen of the neoliberal Apocalypse

Colin Todhunter

15th February 2016

The world is in the grip of a structural war against people, land, economies and ecosystems, writes Colin Todhunter. It is being waged by a quartet of organised criminal interests bent on monopolizing energy, money, food and violence across the globe. But a deep-rooted resistance against their 'neoliberal' doctrine of death and destruction is fighting back. more...
From front cover of 'Killing the Host' by Michael Hudson.

'Killing the Host': the financial system is destroying the global economy

Paul Craig Roberts

12th February 2016

The main engine of economic exploitation is the financial system's ever increasing extraction of value through interest payments, according to economist Michael Hudson. Paul Craig Roberts finds his analysis all too accurate, as the over-financialized economies of western countries head down a spiral of poverty, decline, injustice and despair. more...
A solar-paneled shoebox on West 123rd Street, Central Harlem, Manhattan Island. Photo: Matt Green via Flickr (CC BY-NC-SA).

Five US states are leading the way in solar power initiatives

Aaron Viles / DeSmogBlog

3rd March 2016

State action on solar power can make a big difference, writes Aaron Viles. Driven by ambitious renewable energy targets and the need to generate local growth industries of the future, five states stand out for their trend-setting policies that are accelerating the US's clean energy transition. more...
Investment managers need to become shareholder- activists on climate, or their wealth, and that of their clients could go up in smoke. Photo: Drax Power Station by Ian Britton via Flickr (CC BY-NC).

Fund managers: campaign on climate, or face lawsuits

The Ecologist

12th February 2016

Fund managers who neglect their 'duty of care' to clients by failing to put pressure on the companies they invest in to reduce their carbon emissions and prepare for a fossil-free future could be sued for their negligence, say respected experts in law, environment and finance. more...
Artist's impression of the Swansea Bay Tidal Lagoon, which would, if built, generate almost 500 gigawatt hours of electricity per year. Image: preconstruct.com.

A green Wales is taking off - in spite of UK government policies

David Clubb

16th February 2016

Despite Cameron's promise to lead the 'greenest Government ever', the environment has taken a heavy bashing since the 2015 election, writes David Clubb - whether on oil, fracking, renewable energy or planning policy. But Wales is doing its best to follow a sustainable path, and demonstrating badly needed environmental leadership that the whole UK would do well to follow. more...
Greenpeace erecting their fracking rig in Parliament Square, London early this morning. Photo: Greenpeace.

They don't like it up'em: Greenpeace 'frack' Parliament Square

The Ecologist

9th February 2016

As Cuadrilla's application to frack in Lancashire goes to public inquiry today, protestors from Greenpeace have installed a full-size 'fracking rig' in Parliament Square, London, complete with flare and deafening sound effects, to let MP's know just how great it is to have a fracking well on your doorstep. more...

Finance: 25/50 of 266
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Oil palm plantation in Indonesia. Photo: Ryan Woo for Center for International Forestry Research (CIFOR) via Flickr (CC BY-NC-ND).

‘Land Grabbing’: exposing the impacts of large-scale agriculture on local communities

Chris Lang / REDD Monitor

8th February 2016

Agriculture is big business and with the EU pumping money at the sector, the corporate profiteers are holding all the aces, writes Chris Lang. The documentary ‘Land Grabbing’ investigates what happens when well-financed agro-investors take over rural communities' land and water. more...
'Grandmother Google, what big teeth you have got!' 'All the better to eat you up with.' Larry Page and Sergey Brin urgently require dental treatment. Image: Duncan Hull / Gizmodo via Flickr (CC BY).

UK Tax Dodgers PLC - Google outrage is the tip of an iceberg

Donnachadh McCarthy

31st January 2016

Why are we so surprised at the Google tax heist? It's not because there's anything new about it, writes Donnachadh McCarthy. It's because our own political class have long their noses in the trough, and the tax-dodging billionaires that own our mainstream media are anxious to hide the swindle that's keeping them rich, and us poor. more...
The future is clean, inexpensive and renewable - if only the government can get over its nuclear obsession. Westmill Solar Park, with wind turbines behind. Photo: Richard Peat via Flickr (CC BY-NC-ND).

Government's nuclear fixation could ruin us all

Caroline Lucas MP

28th January 2016

EDF's unfolding fiasco over the Hinkley C nuclear power station proves that nuclear power can come only at enormous financial cost to consumers and taxpayers, writes Caroline Lucas - and even then, investors are scared off by the risks. The government must get over its nuclear obsession and seize our renewable future. more...
Hinkley C as it would look, if ever built: 'like building a cathedral inside a cathedral', says one nuclear engineer. Artwork: EDF.

Unable to raise Hinkley C nuclear cash, EDF turns to French government

Oliver Tickell

26th January 2016

Just as EDF was due to make its 'final investment decision' on Hinkley C, writes Oliver Tickell, another delay. In spite of incredibly generous subsidies, the company is unable to finance it. Its last hope is to persuade the French state to take a 10% stake in the doomed project. more...
Protest rally aganist Monsanto in Toronto, Canada, 25th May 2015. Photo: Nisarg Lakhmani via Flickr (CC BY-NC).

Monsanto defeated? That's what the Syngenta merger shows us

Carmelo Ruiz / GMWatch

27th January 2016

Monsanto has acquired a commanding role in the biotech, seed and agro-chemical industries, writes Carmelo Ruiz. So why is the company desperate to merge with its rival Syngenta? The truth is the company is in deep trouble, as its top-selling Roundup herbicide runs out of steam, and its rivals combine to challenge its dominance. more...
Now many members of EDF's board and most employees are agreed with this protestor in wanting EDF to drop its doomed Hinkley C project. Site blockade in October 2012. Photo: GLOBAL 2000 via Flickr (CC BY-ND).

EDF's Hinkley C decision 'on a knife edge' as problems crowd in

Oliver Tickell

26th January 2016

The EDF board is meeting tomorrow to reach its 'final investment decision' on Hinkley C. It was meant to be a rubber stamp but now it's anything but, as EDF's share price sinks to a new low, unions and employee directors harden their opposition to the project, and projects in France, Finland and China run way over time and cost with severe technical problems and safety concerns. more...
Woe betide any politician with a bad word to say about wind power in Iowa, where it's big, getting bigger, and everyone loves it. Photo: Andrew Huff via Flickr (CC BY-NC).

Politicians take note: Iowa is the US's most wind-powered state - and everyone loves it!

Zachary Davies Boren / Greenpeace Energydesk

30th January 2016

As presidential contenders gather in Iowa for the beginning of the party selection season, they may have noticed a lot of wind turbines, writes Zachary Davies Boren. And if they have any sense, they will find only nice things to say about them. Wind supplies 30% of the state's power, more than any other US state, and Iowans are all for it. Ted Cruz, mind your words! more...
Photo: Daniela Hartmann via Flickr (CC BY-NC-SA).

From banks to food banks: money, inequality and the price of food

Colin Tudge

26th February 2016

From banks that are too big to fail, to food banks for the too small to matter, the global econom systematically pumps money from the social economy and the poor up into the hands of a tiny minority of wealthy beneficiaries, writes Colin Tudge. Farmers, trapped between mountains of debt and low food prices, are among the main victims. It's time for a big rethink, starting from first principles. more...
EPR nuclear plant under construction at Olkiluoto in Finland in 2009 - the year it was due for completion. It may finally be ready in 2018 - or then, it may not. Photo: kallerna via Wkimedia (Public Domain).

EDF may sell €3bn stake in UK nuclear to fund Hinkley C

Terry Macalister / the Guardian & Oliver Tickell

8th January 2016

The cash-strapped French energy giant EDF may sell off profitable stakes in its in its eight existing UK nuclear reactors to raise money for the Hinkley Point C project. But with no example of the EPR design planned for Hinkley even near completion, it may all prove a risk too far. more...
Deep cuts to large scale solar in the UK have put an end to developments like this one: a 32MW solar farm on Long Island, NY, USA. Photo: Brookhaven National Laboratory via Flickr (CC BY-NC-ND).

Deep cuts and VAT bring ruin to UK solar industry

Oliver Tickell

17th December 2015

Less than a week ago Amber Rudd was basking in the glory of the Paris Agreement. Today, she's betraying all her high-flown rhetoric as she smashes up what's left of the UK solar industry with a deep cuts in incentives to solar generators and the imposition of 20% VAT. more...
Central banks are using our own money as a weapon against ordinary people and the public sector. Photo: Dominik Meissner via Flickr (CC BY-NC-ND).

And this is austerity? Central banks have trillions for speculation, none for people

Pete Dolack

17th December 2015

In this new age of austerity money is a perpetual struggle for the public sector and ordinary people, writes Pete Dolack. Yet central banks have squandered trillions to boost profits in the financial sector, reward speculation and push up real estate values. In fact, the world is awash with money as never before - our money. Just don't expect to get your hands on it any time soon. more...
'Stop nuclear energy! - demonstration on the Champs de Mars, Paris, in front of the Eiffel Tower. Photo: GLOBAL 2000 via Flickr (CC BY-ND).

Nuclear lobbyists' epic COP21 fail. Our next job? Keep their hands off climate funds

Jim Green

16th December 2015

The nuclear industry has had a disappointing COP21, writes Jim Green. Lobbyists were there en masse desperately trying to get pro-nuclear wording into the Paris Agreement, and they failed. The word does not occur even once in the entire document. But we must prepare for the next battle: keeping nuclear power out of the $100 billion a year Green Climate Fund. more...
Greenpeace executive director Kumi Naidoo at COP21, 9th December 2015. Photo: UNclimatechange via Flickr (CC BY).

Kumi Naidoo: let the youth be our climate leaders!

Pavlos Georgiadis

18th December 2015

With COP21 out of the way there is absolutely no time to lose, Greenpeace director Kumi Naidoo told Pavlos Georgiadis: 'Because by tomorrow, there might be no tomorrow.' We need substantial, structural, systemic change - and this change can only be led by the youth, who are not infected by the political pollution of the past. And whose future is it anyway? more...

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