Climate stories and pictures from 2020: Worldwide impacts, Bailed out and propped up in the US, & China’s new commitment

US Fossil Fuel pandemic bailouts climb past $15 billion. Indirect benefits push govt aid to the industry past $110 billion. Half went to 66 companies that enjoyed multiple lifelines. DOWNLOAD REPORT A DELUGE OF BENEFITS  The fossil fuel industry received between $10.4 billion and $15.2 billion in direct economic relief from federal efforts under President Donald Trump. During a year …

Just recovery policies

Foundations for a Just Recovery Many of the policy solutions we advocate for a just recovery are cross-cutting by nature. They aim to shift mindsets, cultural norms, how people are treated, how our voices are heard, and how bedrock environmental laws are upheld, creating an overarching structure from which to fight for social, environmental, and economic justice. Honor those whose …

80% of jobs lost are in the bottom half of the income distribution and 58% of small businesses are worried that they will have to close permanently due to Covid-19: There are alternatives!

Local Elections Wins: From universal preschool to possible student debt cancellation, we’re seeing a mandate for bold moves toward a democratic economy coming out of this month’s elections. As organizers continue to shape a national-level vision for the next four years, check out this roundup of successful ballot initiatives to reduce inequality that show what’s already possible at the local …

Rethinking how we build so people can drive less: LOS to play more limited role in planning, to reduce VMT

SB 743 Implementation SB 743 Overview fact sheet (PDF) SB 743 Technical fact sheet (PDF) SB 743 Video: Rethinking How We Build So Californians Can Drive Less (10 minutes) Caltrans Guidance Document Question & Answer (PDF) General SB 743 Implementation Question & Answer (PDF) Current mitigation resources are highlighted in SB 743: Mitigation and VMT Reduction (PDF). Caltrans October 6, 2020 TAF/TAC …

Protect average Americans from Wall Street greed and recklessness. Companies in the S&P 500 repurchased $2Tn in stock

This year, the CARES Act intended to serve as a safety net for the pandemic-silenced sectors of the economy. Congress approved more than $500 billion in funds for corporate America in the hopes that firms would retain employees through the shutdown. These funds were necessary, proponents explained, because these companies lacked the reserves to keep workers on the payroll. Had …

The popular mandate for a democratic economy in 2020

Isaiah J. Poole, Editorial Manager, The Next System Project more November 3, 2020 DEMOCRACY & GOVERNANCEDEMOCRATIC OWNERSHIPMOVEMENT STRATEGY & HISTORY The economic effects of the COVID-19 pandemic on the U.S. economy have helped increase support for bold public policy interventions that would reverse increased wealth concentration, keep money circulating in local communities, and focus economic aid on small businesses and communities harmed by systemic …

Green recovery plans can unlock millions more jobs than ‘return-to-normal’ stimulus

After modelling a ‘green recovery’ plan against a ‘return-to-normal’ plan across the UK, Germany, Poland, US, India, and globally, researchers from Cambridge Econometrics concluded the impact of a green recovery strategy would be “consistently larger” than that delivered through a standard stimulus package. Cecilia Keating @cecilia_keating 19 October 2020 Analysis published by We Mean Business coalition recommends policymakers reject traditional …

Top transit systems in the U.S. have seen 70-90% ridership losses and have dramatically scaled back service. If you cut service by 10%, generally ridership has gone down 3-6%

Plus 2020 was primed to be the sixth consecutive year of what Taylor calls a “disturbing trend”: U.S. transit ridership has been in decline since 2014, even as transit agencies have added service on the whole. Much of that new service has come in light-rail extensions and some bus-rapid transit lines usually designed to attract “discretionary riders,” or people who …

Living affordability is a major and growing concern. Recent Census survey says about 44 percent and 41 percent of adult Latino and black renters, respectively, said they had no or slight confidence they could pay their rent next month

Living affordability is a major and growing concern. With rising unemployment, housing experts are predicting that 20 percent of all renters will be at risk of eviction by early fall. As with other aspects of the pandemic, Black and Latino people will be hurt the most. As reported in the Washington Post, a recent Census survey found that “about 44 percent and 41 percent …

Public transit ridership and revenues have dropped like a rock during the COVID-19 public health crisis: how can we avoid a transit death spiral?

Written by Howard Learner, May 29, 2020 Found in Crains Chicago Business Public transit ridership and revenues have dropped like a rock during the COVID-19 public health crisis. In Chicago, CTA bus and train ridership is down by 80%, and Metra commuter rail ridership is down by a staggering 97%. In Minneapolis-St. Paul, Metro Transit has 75% less riders. The same …