Quote of the week

The Third World today faces Europe like a colossal mass whose project should be to try to resolve the problems to which Europe has not been able to find the answers. -Frantz Fanon, The Wretched of the Earth


Military thinktank urges US to cut oil use

It deploys strong language to describe the consequences of this dependence. “Our reliance on this single commodity makes us vulnerable … We are held hostage to price fixing by a cartel that includes actors who would do our nation harm, and we are too often called upon to risk the lives of our sons and daughters to protect fragile oil supplies form this very cartel,” the report says.

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Source : The guardian

Greenhouse gases rise by record amount

But Reilly and University of Victoria climate scientist Andrew Weaver found something good in recent emissions figures. The developed countries that ratified the 1997 Kyoto Protocol greenhouse gas limiting treaty have reduced their emissions overall since then and have achieved their goals of cutting emissions to about 8% below 1990 levels. The US did not ratify the agreement.

In 1990, developed countries produced about 60% of the world’s greenhouse gases, now it’s probably less than 50%, Reilly said.

“We really need to get the developing world because if we don’t, the problem is going to be running away from us,” Weaver said. “And the problem is pretty close from running away from us.”

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Source : The Guardian

Capitalism vs. the Climate

A 2007 Harris poll found that 71 percent of Americans believed that the continued burning of fossil fuels would cause the climate to change. By 2009 the figure had dropped to 51 percent. In June 2011 the number of Americans who agreed was down to 44 percent —well under half the population.

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Source : The Nation

Coal study names top 20 ‘climate killer’ banks

The NGOs have labelled the banks “climate killers” because their financing efforts have helped to expand coal in the past decade. Many of the banks on the list subscribe to environmental principles, such as cutting their own greenhouse gas emissions and conducting environmental impact assessments on projects they finance.

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Source : The Guardian

Report highlights Obama’s broken environmental promises:

Is there any chance that Obama is unaware of what Oira is up to? Rena Steinzor, the law professor at the University of Maryland who wrote the report, doesn’t think so. She notes that Sunstein is a longtime friend of Obama, who has for years advocated against government regulations.

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Source : The guardian