Global Warming and U.S. National Security Diplomacy: Why the prospect of raising temperatures and sea levels along the coasts while inland regions suffer drought is viewed simply as collateral damage to the geopolitics of oil

Stopping global warming requires a tax policy to close down the special privileges promoting oil industry profits including the use of “flags of convenience” in offshore banking centers as a means of tax avoidance. A Green program logically would include a natural-resource rent tax (as classical economists advocated throughout the 19th century), and charges for what economists call “external economies,” …

Hydrogen can do everything coal does in the steel-making process: BNEF says hydrogen technology competitive with high-cost, coal-based plants when the cost of renewable hydrogen (just produced from methane now) falls below $2.20 kg, assuming coking coal prices remain where they are now at about $310/ton (maybe by 2030)

Currently, most commercial hydrogen in North America is derived from natural gas, which has its own carbon and methane emissions problems. New technologies that rely on renewable energy are in development. By Steve Hanley, Clean Technica, 6 Sept 2019 Industry depends on steel to make the cars, appliances, and other consumer goods that are at the heart of the global economy. …

Exxon drops out of the S&P 500 top 10. Also, the decline of American coal is taking a toll on the railroad industry

Reproduced from Moody’s; Chart: Axios Visuals No matter what President Trump says, coal in America isn’t coming back — and it’s bringing other industries down with it. Driving the news: Coal demand for electricity is likely to drop by more than 50% in 11 years, according to a report by the rating agency Moody’s. In turn, revenue from transporting that coal around …

As the World Burns: Seeing life as expendable

The people at the helm, around the world, would watch us all burn rather than shake up the way things are, as long as they can be the last ones standing atop the wreckage. If we want to do more than watch those fires helplessly, we are going to have to demand much better, and fast. Catastrophes in the Amazon …

Six Reasons Why Berkeley’s Ban on New Natural Gas Is a Great Idea

by Gideon Weissman, Monday, August 19, 2019 Natural GasElectrificationGlobal WarmingFrackingClean Energy Last month the city of Berkeley, California, banned natural gas infrastructure from new buildings.[1] The most obvious reason for the ordinance is enough to justify it on its own: Natural gas is a fossil fuel, and burning it contributes to global warming. But by getting off gas, Berkeley is doing a whole …

Nearly Two Thirds of the World’s New Oil and Gas to Come From the US

jabrobeck@globalwitness.org, Aug 2019 A staggering 61% of the world’s new oil and gas production over the next decade is set to come from one country alone: the US, according to a new analysis by Global Witness. WASHINGTON – New US oil and gas production over the next decade is expected to dwarf that of every other country, with Texas becoming …

Shifting the balance of forces through sanctions against Trump and US carbon capital

Boycott Divestment Sanctions” (BDS) movements have been effective against Israeli apartheid and during 1985-94, splitting white business from the South African apartheid regime. BDS against the US could succeed if US progressives are motivated to call for a world boycott of the US government plus key Trump-related corporations. “Trump is known to like walls. Maybe a wall of carbon tariffs …

Time has come to nationalize the US fossil fuel industry

Carla Santos Skandier As we gear up for a war-type of mobilization to mitigate the climate crisis, a federal takeover of the oil, gas and coal industry should be on the table. No other generation understands better the implication of climate change than today’s teens. As sixteen year-old Swedish activist Greta Thunberg has famously summarized it, “this is an emergency.” …

U.S. Seen as Climate Risk With Two-Thirds of New Oil and Gas

By Alex Nussbaum, Bloomberg, August 20, 2019  ‘Staggering’ forecast makes U.S. climate risk: Global Witness  Surge would be 40 times new Russian output, 20 times Saudi The U.S. will account for for almost two-thirds of the world’s new oil and natural gas output in the decade ahead, making it a critical obstacle to stopping climate pollution, a London-based advocacy group says. …