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<font size="+2"><i><b>October 28, 2022</b></i></font><br>
<br>
<i>[ warning from top climate scientist ]</i><br>
Prof Michael E. Mann<br>
@MichaelEMann<br>
<b>I fear what we may be witnessing right now is that
private/corporate ownership of the media has now become
fundamentally incompatible with democracy.</b><br>
<a class="moz-txt-link-freetext" href="https://mobile.twitter.com/MichaelEMann/status/1585082468993941504">https://mobile.twitter.com/MichaelEMann/status/1585082468993941504</a><br>
<p><br>
</p>
<p><br>
</p>
<i>[ Widely ignored, specifically denied, here now we read, and we
will feel it tomorrow ]</i><br>
<b>World close to ‘irreversible’ climate breakdown, warn major
studies</b><br>
The UN environment agency’s report found there was ‘no credible
pathway to 1.5C in place’ amid ‘woefully inadequate’ progress on
cutting carbon emissions. Photograph: Lukas Schulze/Getty Images<br>
Key UN reports published in last two days warn urgent and collective
action needed – as oil firms report astronomical profits<br>
<br>
by Damian Carrington Environment editor<br>
Thu 27 Oct 2022<br>
The climate crisis has reached a “really bleak moment”, one of the
world’s leading climate scientists has said, after a slew of major
reports laid bare how close the planet is to catastrophe.<br>
<br>
Collective action is needed by the world’s nations more now than at
any point since the second world war to avoid climate tipping
points, Prof Johan Rockström said, but geopolitical tensions are at
a high.<br>
<br>
He said the world was coming “very, very close to irreversible
changes … time is really running out very, very fast”.<br>
<br>
Emissions must fall by about half by 2030 to meet the
internationally agreed target of 1.5C of heating but are still
rising, the reports showed – at a time when oil giants are making
astronomical amounts of money.<br>
<br>
On Thursday, Shell and TotalEnergies both doubled their quarterly
profits to about $10bn. Oil and gas giants have enjoyed soaring
profits as post-Covid demand jumps and after Russia’s invasion of
Ukraine. The sector is expected to amass $4tn in 2022, strengthening
calls for heavy windfall taxes to address the cost of living crisis
and fund the clean energy transition...<br>
All three of the key UN agencies have produced damning reports in
the last two days. The UN environment agency’s report found there
was “no credible pathway to 1.5C in place” and that “woefully
inadequate” progress on cutting carbon emissions means the only way
to limit the worst impacts of the climate crisis is a “rapid
transformation of societies”.<br>
<br>
Current pledges for action by 2030, even if delivered in full, would
mean a rise in global heating of about 2.5C, a level that would
condemn the world to catastrophic climate breakdown, according to
the UN’s climate agency. Only a handful of countries have ramped up
their plans in the last year, despite having promised to do so at
the Cop26 UN climate summit in Glasgow last November...<br>
- -<br>
Climate experts agree that every action that limits global heating
reduces the suffering endured by people from climate impacts. “The
1.5C target is now near impossible, but every fraction of a degree
will equate to massive avoided damages for generations to come,”
said Prof Dave Reay, at the University of Edinburgh, UK.<br>
<br>
Röckstrom said: “Despite the fact that the situation is depressing
and very challenging, I would strongly advise everyone to act in
business or policy or society or science. The deeper we fall into
the dark abyss of risk, the more we have to make efforts to climb
out of that hole. It’s not as if we don’t know what to do – it’s
rather that we’re not doing what is necessary.”<br>
<a class="moz-txt-link-freetext" href="https://www.theguardian.com/environment/2022/oct/27/world-close-to-irreversible-climate-breakdown-warn-major-studies">https://www.theguardian.com/environment/2022/oct/27/world-close-to-irreversible-climate-breakdown-warn-major-studies</a><br>
<p>- -<br>
</p>
<i>[ COP 27 and the sentiment of much of the world ] </i><br>
<b>Climate Pledges Are Falling Short, and a Chaotic Future Looks
More Like Reality</b><br>
With an annual summit next month, the United Nations assessed
progress on countries’ past emissions commitments. Severe disruption
would be hard to avoid on the current trajectory.<br>
- -<br>
Countries around the world are failing to live up to their
commitments to fight climate change, pointing Earth toward a future
marked by more intense flooding, wildfires, drought, heat waves and
species extinction, according to a report issued Wednesday by the
United Nations.<br>
- -<br>
An analysis by the World Resource Institute found that current
promises by nations would reduce global greenhouse gas emissions by
around 7 percent from 2019 levels, even though six times that, a
reduction of 43 percent, would be necessary to limit global warming
to 1.5 degrees Celsius.<br>
<br>
“Of the major economies, we have seen a few countries update this
year. India formalized its commitments; Australia updated theirs
when they got a new government in place; Indonesia followed
through,” said Ms. Fransen of the World Resources Institute. “But
each of those countries had failed to update their N.D.C.s until
now, so they are making up for lost time.”<br>
- -<br>
John Kerry, President Biden’s climate envoy, called on China,
Russia, Saudi Arabia and Mexico as well as all other leading
economies to align their climate policies with the goal of
constraining global warming to 1.5 degrees.<br>
<br>
“We all know the top 20 economies are responsible for 80 percent of
emissions,” Mr. Kerry said during a speech Tuesday at the Council on
Foreign Relations. Their pledges should be strengthened this year,
he said.<br>
<br>
“That’s what people agreed to do,” he said. “It takes all to get the
job done.”<br>
<a class="moz-txt-link-freetext" href="https://www.nytimes.com/2022/10/26/climate/un-climate-pledges-warming.html">https://www.nytimes.com/2022/10/26/climate/un-climate-pledges-warming.html</a>?<br>
<p><br>
</p>
<p><i><br>
</i><i>[ Novice news reporter worth viewing -- her video is a
climate recap of top stories - worthy ]</i><br>
<b>Meloni wants to make climate change a right-wing issue, Apple
tackles supply chain emissions | Recap</b><br>
Oct 27, 2022 If you like the work I do, please consider joining
the Beckisphere Patreon at <a class="moz-txt-link-freetext" href="https://www.patreon.com/beckisphere">https://www.patreon.com/beckisphere</a> or
buying me a cup of coffee at
<a class="moz-txt-link-freetext" href="https://www.buymeacoffee.com/beckisphere">https://www.buymeacoffee.com/beckisphere</a>. Remember to talk about
the climate crisis every day and support your local news
organizations! <br>
<a class="moz-txt-link-freetext" href="https://youtube.com/watch?v=X1NRfExRtkQ&feature=share&utm_source=EKLEiJECCKjOmKnC5IiRIQ&t=47">https://youtube.com/watch?v=X1NRfExRtkQ&feature=share&utm_source=EKLEiJECCKjOmKnC5IiRIQ&t=47</a><br>
</p>
<p><br>
</p>
<p><br>
</p>
<i>[ Brazil election outcome will affect the world ]</i><br>
<b>Future of Amazon rainforest at stake in Brazil's presidential
election</b><br>
3,636 views Oct 26, 2022 On Sunday, millions of people across
Brazil will vote in the final round of its presidential election.
They'll choose between right-wing incumbent Jair Bolsonaro, and
former President Luiz Inacio Lula da Silva. To many, the future of
the Amazon rainforest is on the ballot. Special correspondent Jane
Ferguson has the story produced in partnership with the Pulitzer
Center.<br>
<a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=msW9_pwitck">https://www.youtube.com/watch?v=msW9_pwitck</a>
<p><br>
</p>
<br>
<i>[ quite sensible, but certainly radical economics ]</i><br>
<b>The Most Sustainable Economy in the World | Kate Raworth</b><br>
Oct 26, 2022 Kate Raworth is a renegade economist focused on making
economics fit for 21st century realities. Senior Associate at Oxford
University’s Environmental Change Institute, she is the creator of
the Doughnut of social and planetary boundaries, and co-founder of
Doughnut Economics Action Lab.<br>
<br>
Kate joins me to discuss Doughnut Economics, her radical theory of a
regenerative and distributive economics model which protects both
planet and citizens. This is an economy which prioritises
well-being, rejects the market principles and profit-maximisation,
and enables the principles of community and creativity to flourish.<br>
<br>
We discuss the fallacy of growth and neoliberalism, the extractivism
of “developed” nations, long-termism vs short-termism, and the
principles of regeneration and distribution. Kate also shares
success stories from the communities and local governments
implementing the doughnut model. <br>
<a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=n7jjlKoLuCY">https://www.youtube.com/watch?v=n7jjlKoLuCY</a><br>
<br>
<p><i><br>
</i></p>
<i>[ 80 yr old scientist, Peter Carter says that denial is worst
trait of our condition ]</i><br>
<b>Climate Emergency Denial Evil</b><br>
Oct 22, 2022 On track to an unlivable climate, with fossil fuel CO2
emissions at record high, the denial campaign has morphed into
climate emergency denial, to keep the fossil industry burning
carbon, and burning up the planet.<br>
<a class="moz-txt-link-freetext" href="https://www.youtube.com/watch?v=XW0jeXdfxLc">https://www.youtube.com/watch?v=XW0jeXdfxLc</a><br>
<p><br>
</p>
<p><br>
</p>
<i>[ nothing changes unless there is money to be made, or money to
be lost ]</i><br>
<b>France becomes latest country to leave controversial energy
charter treaty</b><br>
Quitting the ECT, which protects fossil fuel investors from policy
changes that might threaten their profits, was ‘coherent’ with Paris
climate deal, Macron said<br>
Arthur Neslen<br>
Fri 21 Oct 2022<br>
France has become the latest country to pull out of the
controversial energy charter treaty (ECT), which protects fossil
fuel investors from policy changes that might threaten their
profits.<br>
<br>
Speaking after an EU summit in Brussels on Friday, French president,
Emmanuel Macron, said: “France has decided to withdraw from the
energy charter treaty.” Quitting the ECT was “coherent” with the
Paris climate deal, he added.<br>
<br>
Macron’s statement follows a recent vote by the Polish parliament to
leave the 52-nation treaty and announcements by Spain and the
Netherlands that they too wanted out of the scheme.<br>
<br>
Earlier on Friday, an ally of Macron’s in Brussels, the French MEP
Pascale Canfin, said: “We need to exit the energy charter treaty
because we end up being sued by multinational companies through
private tribunals which prevent us carrying out our climate
policies.”<br>
<br>
The European Commission has proposed a “modernisation” of the
agreement, which would end the writ of the treaty’s secret
investor-state courts between EU members. That plan is expected to
be discussed at a meeting in Mongolia next month.<br>
<br>
A French government official said Paris would not try to block the
modernisation blueprint within the EU or at the meeting in Mongolia.
“But whatever happens, France is leaving,” the official said.<br>
<br>
While France was “willing to coordinate a withdrawal with others, we
don’t see that there is a critical mass ready to engage with that in
the EU bloc as a whole”, the official added.<br>
<br>
The French withdrawal will take about a year to be completed, and in
that time, discussion in Paris will likely move on to ways of
neutralising or reducing the duration of a “sunset clause” in the
ECT that allows retrospective lawsuits. Progress on that issue is
thought possible by sources close to ongoing legal negotiations on
the issue.<br>
<br>
The energy charter treaty was set up in 1994 to protect western
energy firms working in former Soviet countries. It allows investors
to sue governments which enact policies that could undermine their
expected financial returns.<br>
<br>
However, critics have estimated that the final cost in compensation
to fossil fuel companies could rise to more than a trillion dollars.<br>
<br>
In August, the UK oil firm Rockhopper received a £210m award as
compensation for an Italian offshore drilling ban. Italy has also
withdrawn from the treaty.<br>
<a class="moz-txt-link-freetext" href="https://www.theguardian.com/world/2022/oct/21/france-becomes-latest-country-to-leave-controversial-energy-charter-treaty">https://www.theguardian.com/world/2022/oct/21/france-becomes-latest-country-to-leave-controversial-energy-charter-treaty</a><br>
<p><br>
</p>
<br>
<i>[The news archive - looking back]</i><br>
<font size="+2"><i><b>October 28, 2005</b></i></font> <br>
October 28, 2005: The New York Times reports:<br>
<br>
"A sudden interruption in oil supplies sent prices and profits
skyrocketing, prompting Exxon's chief executive to call a news
conference right after his company announced that it had chalked up
record earnings. <br>
<br>
'I am not embarrassed,' he said. 'This is no windfall.'<br>
<br>
"That was January 1974, a few months after Arab oil producers cut
back on supplies and imposed their short-lived embargo on exports to
the United States. Oil executives, including J. K. Jamieson, Exxon's
chief executive at the time, were put on the defensive, forced to
justify their soaring profits while the nation was facing its first
energy crisis. <br>
<br>
"Three decades later, their successors are again facing contentions
that oil companies are making too much money and have failed to
expand production. <br>
<br>
"Politicians and other critics are asking why the industry allowed
its refining capacity to tighten. <br>
<br>
"Exxon Mobil, the world's largest oil company, said yesterday that
its third-quarter net income jumped 75 percent, to $9.92 billion.
Its profit in the first nine months of this year - $25.42 billion -
already equals its full-year earnings for 2004. This year's sales,
which topped $100 billion in the last quarter, are expected to
exceed those of Wal-Mart.<br>
<br>
"Another oil giant, Royal Dutch Shell, reported a 68 percent jump in
profits yesterday, to $9.03 billion. Chevron is expected to post a
profit of more than $4 billion today.<br>
<br>
"This year is shaping up as an exceptionally lucrative one for the
oil industry, thanks to strong global demand, tight supplies and
high prices for oil and natural gas. While the idea that the Bush
administration was considering imposing a windfall profits tax was
knocked down yesterday by officials, longstanding resentments
against Big Oil are resurfacing and could end up imposing some
additional burdens on the industry. <br>
<br>
"The sense that government should step in to curb the phenomenal
wealth and power often enjoyed by oil companies goes back to Exxon
Mobil's corporate ancestor from the late 19th century, the
Rockefeller oil trust known as Standard Oil.<br>
<br>
"Today, Republicans and Democrats alike, aware of the politically
sensitive issue of high energy prices, are putting increasing
pressure on the oil and gas industry to return some of its profits.
The ideas include forcing the industry to invest in more refining
capacity, to increase inventories to cushion energy shocks, or to
provide money directly to the government program that helps
low-income people pay heating bills."<br>
<a class="moz-txt-link-freetext"
href="http://www.nytimes.com/2005/10/28/business/28oil.html?_r=0&pagewanted=print">http://www.nytimes.com/2005/10/28/business/28oil.html?_r=0&pagewanted=print</a><br>
<br>
<br>
<p>======================================= <br>
<b class="moz-txt-star"><span class="moz-txt-tag">*Mass media is
lacking, here are a few </span>daily summaries<span
class="moz-txt-tag"> of global warming news - email delivered*</span></b>
<br>
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<b>*Inside Climate News</b><br>
Newsletters<br>
We deliver climate news to your inbox like nobody else. Every day
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<a class="moz-txt-link-freetext"
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--------------------------------------- <br>
*<b>Climate Nexus</b> <a class="moz-txt-link-freetext"
href="https://climatenexus.org/hot-news/*">https://climatenexus.org/hot-news/*</a>
<br>
Delivered straight to your inbox every morning, Hot News
summarizes the most important climate and energy news of the day,
delivering an unmatched aggregation of timely, relevant reporting.
It also provides original reporting and commentary on climate
denial and pro-polluter activity that would otherwise remain
largely unexposed. 5 weekday <br>
================================= <br>
<b class="moz-txt-star"><span class="moz-txt-tag">*</span>Carbon
Brief Daily <a class="moz-txt-link-freetext"
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class="moz-txt-tag">*</span></b> <br>
Every weekday morning, in time for your morning coffee, Carbon
Brief sends out a free email known as the “Daily Briefing” to
thousands of subscribers around the world. The email is a digest
of the past 24 hours of media coverage related to climate change
and energy, as well as our pick of the key studies published in
the peer-reviewed journals. <br>
more at <a class="moz-txt-link-freetext"
href="https://www.getrevue.co/publisher/carbon-brief">https://www.getrevue.co/publisher/carbon-brief</a>
<br>
================================== <br>
*T<b>he Daily Climate </b>Subscribe <a
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