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Economics : 1/25 of 773
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Fracking is burning more than just our health. Our money's going up in flames too - and that's putting the whole financial system at risk. Photo: Bill Baker via Flickr.

With sub-$60 oil, fracking and tar sands losses threaten the whole financial system

Paul Mobbs

17th December 2014

A new financial crisis is threatening to dwarf the 'subprime' mortgage debacle, writes Paul Mobbs. Cheap money from central banks has fuelled some $1.3 trillion of risky investments in high-cost 'unconventional' oil and gas. Now, with oil sinking below $60, all that paper is turning to junk - and that's putting the entire economic system at risk. more...
Regular PV solar cells on the Brighton Earthship in the south of England  Dominic Alves, CC BY-SA.

Here comes the sun: explosion in solar power beckons

Ralph Gottschalg

12th December 2014

Solar power has a sunny future - even without any major breakthroughs, writes Ralph Gottschalg. There are huge gains to be made simply by getting smarter and using existing technologies more effectively. A new report shows that - given political support - solar PV could be competitive in the UK by 2020. more...
Torturing the truth - the mainstream media today. Photo: via johnpilger.com.

War by media and the triumph of propaganda

John Pilger

22nd December 2014

We live in an age of propaganda by the 'mainstream' media, writes John Pilger. Inconvenient stories, truths and even entire countries are airbrushed away, while dominant narratives are parroted incessantly to bludgeon our minds in acceptance of war, injustice, austerity, all to serve the interests of our ruling elites. more...
In the 1970s, refineries in the Middle East controlled the world’s flow of oil. Not any more. Photo: National Iranian Oil Company / Wikimedia Commons.

Lower oil prices are here to stay. Thank loss-making shale and tar sands - not OPEC

Jemma Green, Mark Andrich & Peter Newman

5th December 2014

Are recent oil prices slumps caused by OPEC ganging up against tar sand and other high-cost producers? Or a sinister conspiracy to destabilise the Russian economy? Far from it, argue Jemma Green, Mark Andrich and Peter Newman - it's the simple result of an excess of supply over demand. And the low prices will be with us for some time to come. more...
No neonics here: organic Brussels sprouts from Home Farm, Nacton. Photo: Nick Saltmarsh via Flickr.

Farming for profit? Or for people, nature, health, wellbeing and human survival?

Colin Tudge

19th November 2014

Farming today is well on the way to becoming a wholly owned subsidiary of the agro-chemical-biotech industry, writes Colin Tudge. Defra and the European Commission are all too keen to make it so, reflecting the interests of an agro-oligarchy obsessed with profits and growth at all costs. But there is an alternative. Join the 'real farming' agrarian renaissance ... more...
ITV interviews a victim of the flooded Severn in 2007. Photo: Wikimedia Commons via Open Democracy.

We shall defend our island - if the cost-benefit analysis stacks up

Guy Shrubsole

16th November 2014

Such is the Government's neglect of our flood defences, revealed by a National Audit Office report, that they are failing to even keep pace with climate change, writes Guy Shrubsole. That alone is a national disgrace - but most shameful is that current expenditures mostly benefit the wealthy, while poor communities are neglected. more...
Marine parks need to be big enough to safeguard wide-ranging species, like the sharks being studied here. Photo: Manu San Felix / National Geographic Pristine Seas Expedition, Author provided.

Now is our chance to deliver on the 30% ocean protection target

Jessica Meeuwig

15th November 2014

In 2003 nations pledged to place 20-30% of the world's oceans into no-take marine parks, writes Jessica Meeuwig - but more than ten years on, such areas now cover just 1% of ocean area. Now the World Parks Congress in Sydney, Australia, provides an opportunity to drive marine protection forward, and benefit both ecology and economy. more...
Paid for by taxpayers? Oil rigs moored in Cromarty Firth. Invergordon, Scotland, UK. Photo: Berardo62 via Flickr.

Breach of promise: G20 spending $88 bn a year on fossil fuel subsidies

Alex Kirby

13th November 2014

Despite promises to phase out subsidies to the coal, oil and gas industries, a new report G20 governments are still providing them with massive financial help, writes Alex Kirby. The UK alone is spending over £1.2 billion per year to support fossil fuel exploration and production at home and abroad. more...
Typhoon Haiyan - the aftermath, 10th November 2013. Photo: Reuters / Erik De Castro via Mans Unides / Flickr.

A year after Typhoon Haiyan, we demand climate justice

The Undersigned

8th November 2014

A year ago Typhoon Haiyan, one of the strongest tropical cyclones ever recorded, struck central Philippines leaving tens of thousands of people dead and missing, millions homeless and livelihoods destroyed. Today climate-affected communities worldwide are demanding change. more...
The road to hell - that's where we are heading if we do not act on climate. Photomontage: Andreas Levers via Flickr.  A115 Autobahn by Andreas Levers. Lightning by ~Prescott. Cloud lightning by Kristiewells. Fire and smoke by Jason Gillyon.

IPCC must speak out - we are creating a hell for future generations

Roger Jones

3rd November 2014

The IPCC's 'synthesis report' makes a good scientific case on climate change and the need for action, writes Roger Jones. But its economics are weak, especially when it comes to the costs of inaction. And nowhere does it set out the core truth - that the alternative to swift, effective action is to create a hellish, dystopian world for our descendants to endure. more...
Green Party leader Natalia Bennett, Green MEP Keith Taylor and colleagues have a genuine alternative to offer. Photo: Green Party of England and Wales.

The Green Party's joined-up policies - the threat of a genuine alternative?

Ian Sinclair

2nd December 2014

Today the Green party announced a doubling of its membership since January - 500 this last weekend alone, writes Ian Sinclair. They offer an increasingly attractive alternative to the 'mainstream' parties, who have little to offer but a bleak package of privatisation, neoliberalism and never-ending austerity. more...
An artist's impression of the Hinkley C nuclear power plant. Image: EDF Energy media library.

NAO investigates Hinkley C nuclear subsidies

Terry Macalister / The Guardian

17th October 2014

Hinkley C's subsidy package may have won European Commission approval - but now it faces a National Audit Office 'value for money' investigation, following a demand from a powerful Parliamentary committee. more...

Economics : 1/25 of 773
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Hinkley Point B. Photo: Ken Grainger / geograph.org.uk via Wikimedia Commons.

Hinkley C gets the go-ahead - but will it prove a dodgy nuclear deal too far?

Paul Dorfman

8th October 2014

The outgoing European Commission has just given the UK's controversial Hinkley C nuclear project the go-ahead, writes Paul Dorfman - approving a deal that will cost the UK public tens of billions of pounds. But now the deal faces a legal challenge in the European Court of Justice. more...
A container ship in port, Oakland, CA. Photo: Jim Bahn via Flickr.

For an easy win on carbon emissions - cut global trade!

John Weeks

27th September 2014

If the world's leaders really cared about climate change, there's one easy way to reduce emissions, writes John Weeks - drop the obsession with increasing trade, and all the pollution that goes with it. A world based on local production, consumption and finance will be a better one for people and the environment. more...
San Onofre Beach State Park, California. In the background, a nuclear power station. Two of the three generating units are now closed. Photo: Luke Jones via Flickr.

Nuclear power - insanity at taxpayers' and consumers' expense

Ralph Nader

12th September 2014

Nuclear power exists for one reason only, writes Ralph Nader - government support. Without the taxpayer subsidies, accident liability waivers and exploited consumers, nuclear power wouldn't exist. And even with all the above, it can barely hold on. It's time to end the nuclear boondoggle for once and for all. more...
A coal-fired power station at Yangzhou in China’s central Jiangsu province. Photo: Vmenkov via Wikimedia Commons.

China - is it kicking its coal habit?

Kieran Cooke

12th September 2014

There are hopeful signs that China, the world's biggest emitter of greenhouse gases, is becoming less reliant on the polluting coal that powered its rapid economic rise, writes Kieran Cooke. Great news for China, and the planet - but worrying for coal exporters! more...
'Mata Atlântica' in Brazil's Serra da Gandarela national park. But there are few large forest areas like this one remaining. Mostly the Atlantic forest habitat is fragmented by farms, roads and towns. Photo: Frederico Pereira via Flickr.

Saving Brazil's Atlantic forest on a shoe string

Cristina Banks-Leite

18th September 2014

As Brazil prepares for elections next month, conserving its remaining Atlantic Forest is a hot issue, writes Cristina Banks-Leite. Ecologists want to preserve more native habitat, while farmers want to expand their acreage. But there is one solution that ought to please everyone. more...
A gorgeous organic vegetable box from the Miller family farm. Photo: Alicia Miller.

Stony broke - the hard side of the good life

Alicia Miller

11th October 2014

The green dream of being a small farmer producing high quality, organic food for local people has ended up being anything but for Alicia Miller. The problem is money - there's never enough of it. But she's not alone. All over the world, life is a financial struggle for small, ethical cultivators, and constant source of stress. more...
Shu takes to the megaphone to get her message across - water is a human right! Photo: Detroit Water Brigade via facebook.com/waterbrigade .

Detroit: what happens when water is a commodity, not a human right

Pete Dolack

19th August 2013

The shutoff of water to thousands of Detroit residents, the proposed privatization of the water system, and the diversion of the system's revenue to banks are possible, writes Pete Dolak, because water - the most basic human need - has become a means to extract profit from the City's people. more...
Lake Nicaragua, ecological jewel of Central America, will never be the same if the canal project goes ahead. Photo: Helen ST via Flickr.

The Nicaragua Canal - a disaster in waiting?

Nathan Wood

15th August 2014

A second canal joining the Pacific and Atlantic oceans is planned for Nicaragua, writes Nathan Wood. But the gigantic project is raising growing fears due to a grossly unfair contract, glaring failures of process, close links to the Chinese government, and its enormous - but uncosted - ecological impacts. more...
A solar-powered thatch hut. Photo: Ashden.

Reaping the benefits of community energy

Emily Haves

31st July 2014

Donors, NGOs and investors want to help grassroots sustainable energy enterprises grow, so they can bring the myriad benefits of clean and affordable energy to many more people, writes Emily Haves. But just what kind of support is needed? more...
Could his loss be Israel's gain? A destroyed house in Gaza and its distraught owner, 22nd July 2014. Photo: Mohammed Al Baba / Oxfam International via Flickr.

Gaza - is annexation Israel's 'permanent solution'?

Oliver Tickell

31st July 2014

As Israel pursues its war on Gaza with ever-increasing ferocity, and with 25% of Gaza's people forced from their homes, what's the final objective? It's unthinkable that Israel's aim is to 'cleanse' the territory of its people, seize its vast gas reserves, and annex some of the Med's hottest real estate. Isn't it? more...
Westmill Solar Park, Oxfordshire, is the world's largest community owned solar installation. Rated at 5MW, it covers 30 acres. Photo: Richard Peat via Flickr.

Will the carbon bubble burst your pension?

Rebecca O'Connor

8th August 2014

What's the biggest threat to your life savings you've never heard of? Rebecca O'Connor shows how the world's exposure to unburnable carbon assets, and competition from clean energy technologies, could hammer your savings, pensions and investments. more...
Bread, peace and work! A 'speaking wall' in Marinaleda. Photo: Comisión de Audiovisuales Acampada Zaragoza via Flickr.

Catch your dreams - utopia is possible!

Liam Barrington-Bush & Jen Wilton

26th July 2014

Amid Spain's general depression, Marinaleda - an Andalucian town sometimes dubbed the 'communist utopia' - is bucking the moribund trend with a heady mixture of direct action, community-level democracy, cooperation and mutual aid. more...
Black smoke billows from the UNWRA compound set ablaze by Israel in Operation Cast Lead, 15th January 2009. The compound was burned to the ground. Photo: Al Jazeera English via Flickr.

Armed robbery in Gaza - Israel, US, UK carve up the spoils of Palestine's stolen gas

Nafeez Ahmed

24th July 2014

Israel desperately covets Gaza's gas as a 'cheap stop-gap' yielding revenues of $6-7 billion a year, writes Nafeez Ahmed. The UK's BG and the US's Noble Energy are lined up to do the dirty work - but first Hamas must be 'uprooted' from Gaza, and Fatah bullied into cutting off its talks with Russia's Gazprom. more...

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