Valve-turner, Climate ‘Hero’ Gets Three-Year Prison Sentence for Shutting Down Tar Sands Pipeline

Common Dreams By Jessica Corbett 6 Feb 2018 Michael Foster, the valve turner who temporarily halted the flow of tar sands oil in TransCanada’s Keystone pipeline in October 2016, called for future actions to address the global climate crisis before he headed to prison, where he is expected to serve at least a year of his three-year sentence. “It doesn’t matter if I’m sitting in jail. …

Major corporations are planning to spend more than 30x what they are putting in the wallets of employees on buying back their own stock, benefiting wealthy shareholders

Washington Post By Rick Wartzman and William Lazonick, February 6, 2018  Rick Wartzman, director of the KH Moon Center for a Functioning Society at the Drucker Institute at Claremont Graduate University, is author of “The End of Loyalty: The Rise and Fall of Good Jobs in America.” William Lazonick is an economics professor at UMass Lowell and president of the Academic-Industry Research Network. Don’t …

What these early-20th-century scholars got right about 21st-century politics: Unlike many economists today, they questioned fundamental social structure

What advantages do the writers of the turn of the 20th century offer? The main difference and prime advantage, I think, lies in their holistic approach to economic and political analysis. It was holistic in the sense that they discussed the structural features of capitalism: social relations between capital owners and wage workers, distribution of national income between capital and …

On social license to operate: Blackrock $6 tn investment manager says “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society. Companies must benefit all of their stakeholders, including shareholders, employees, customers, and the communities in which they operate.”

By Steve Hanley on Clean Technica, Jan 2018 Laurence D. Fink may not be a household name, but he is a very influential person. When Mr. Fink speaks, others listen. Why? Because as the founder and CEO of BlackRock, he controls more than $6 trillion in assets. That’s the kind of clout that gets a person noticed. On January 16, …

Seeing God’s incarnation: Christmas can be a moment to break through our befuddlement, and even for a moment grasp what God intends for the world

By Peter Sawtell, Eco-Justice Ministries, 22 Dec 2017 Christmas is the holiday where we celebrate “peace on Earth, good will to all.” As we roll around to Christmas this year, I think back about 50 years. The US was entangled in our “dirty little war” in Vietnam. Some of my friends in the church youth group talked about not celebrating …

Toxic Emissions From 46 Petrochemical Sites, Flooding At 14 Toxic Waste Sites, & ~100 Hazardous Substance Spills — Hurricane Harvey’s Talley To Date

September 11th, 2017 by James Ayre on Clean Technica Now that a bit of time has elapsed since Hurricane Harvey tore a path of destruction along the coast of Texas, things have begun to get clearer as regards the fate of Houston’s many petrochemical facilities. The tally on that count, as it stands right now, is: flooding and/or damage reported at 14 toxic …

Dirty energy giants censured for false advertising claiming natural gas is ‘Cleanest’ Fossil Fuel

By Farron Cousins, DeSmog Blog  • 14 August 2017  For many years, a standard talking point from the fossil fuel industry and those who speak on the industry’s behalf has been that natural gas is a cleaner alternative to conventional energy sources like coal and oil. This talking point is at least partially responsible for many people — including former President Barack Obama and …

Mapped: The world’s largest CO2 importers and exporters

By Zeke Hausfather on Carbon Brief, July 2017 Around 22% of global CO2 emissions stem from the production of goods that are, ultimately, consumed in a different country. However, traditional inventories do not include emissions associated with imported goods. While the US and many European countries have reduced their domestic emissions over recent decades, some of this reduction has been …