carbon trading
Podcast: Meanwhile, the planet is dying....
Two landmark rulings on the urgent responsibility of states to address the climate crisis are issued—by the Inter-American Court of Human Rights in a proceeding brought by Chile and Colombia, and by the World Court in a proceeding brought by the threatened Pacific Island nation of Vanuatu. Meanwhile in the USA, the Trump regime withdraws from the Paris Agreement, removes greenhouse gases from EPA oversight, drops subsidies for solar energy—and even destroys NASA's climate-monitoring satellites! This as receding Arctic ice sheets and sea ice begin to destabilize the climate-regulating Atlantic Meridional Overturning Circulation (AMOC), melting glaciers unleash deluges from the Swiss Alps to the Himalayas of Nepal, wildfires rage from Canada to California to the Mediterranean, and ocean acidification crosses a "planetary boundary" that portends global biosphere collapse. In Episode 290 of the CounterVortex podcast, Bill Weinberg takes an unflinching look at the long odds for humanity's future—even if we manage to avoid nuclear war.
Global forest loss shattered records in 2024
Global forest loss surged to record highs in 2024, driven by a catastrophic rise in fires, according to new data from the University of Maryland's Global Land Analysis & Discovery (GLAD) Lab, made available May 20 on the World Resources Institute's Global Forest Watch platform. Loss of tropical primary forests alone reached 6.7 million hectares—nearly twice as much as in 2023 and an area nearly the size of Panama, at a rate of 18 soccer fields each minute. For the first time on record, fires—not agriculture—were the leading cause of tropical primary forest loss, accounting for nearly 50% of all destruction. This marks a dramatic shift from recent years, when fires averaged just 20%. Yet, tropical primary forest loss driven by other causes also jumped by 14%, the sharpest increase since 2016. (WRI)
New York state climate law makes polluters pay
New York Gov. Kathy Hochul on Dec. 26 signed a bill into law empowering the state government to levy heavy fines on fossil fuel companies. The fines will go to a "superfund" that pays for addressing environmental damages caused by human-driven climate change. The Climate Change Superfund Act creates an adaptation cost recovery program which will be paid for by fossil fuel companies and is estimated to raise $75 billion over 25 years. Climate change is expected to cost New York taxpayers half a trillion dollars in repair and preparations for extreme weather between now and 2050.
Global carbon emissions hit record high in 2024
Global carbon emissions from fossil fuels have hit a record high in 2024, with still no sign that they've peaked, according to a "carbon budget" assessment by the UK-based Global Carbon Project. The researchers found that burning of oil, gas and coal emitted 41.2 billion tons (37.4 billion metric tons) of carbon dioxide into the atmosphere in 2024, a 0.8% increase over 2023. When added to emissions generated by land-use changes such as deforestation, a total of 45.8 billion tons (41.6 billion metric tons) of CO2 was emitted in 2024. At this rate, the researchers estimate there's a 50% chance that global warming will exceed the 1.5 Celsius (2.7 degrees Fahrenheit) warming target set by the Paris Agreement within six years. The findings were published Nov. 13 in the journal Earth Systems Science Data. (LiveScience, DW)
AI, nuclear power and the end of the Earth
Tech companies now acknowledge that they are failing to meet their carbon emission reduction goals because of the mega-computing necessary for artificial intelligence—as if AI were something good and inevitable rather than ultra-dystopian. Meanwhile, the nuclear industry exploits carbon concerns to lubricate its comeback—with even countries like Kenya now planning reactors, amid oppressive and iniquitous social conditions. Even apart from the risk of devastating accidents, the normal functioning of nuclear power constitutes an ongoing disaster due to the dilemmas of waste disposal and the despoliation of indigenous lands by uranium mining. Climate disaster versus nuclear disaster is a false choice posed by omnicidal techno-capitalism. The only way to salvage a dignified human future lies in the abolition of fossil fuels, nuclear power and artificial intelligence alike. So argues Bill Weinberg in Episode 234 of the CounterVortex podcast. Listen on SoundCloud or via Patreon.
Did Africa's first climate summit miss the point?
The inaugural biennial Africa Climate Summit, which was attended by some 30,000 delegates including 17 heads of state, wrapped up in the Kenyan capital, Nairobi, Sept. 6 following three days of discussions largely centred on the opportunities for "green" economic growth on the continent. The summit issued the Nairobi Declaration, containing a slew of pledges and demands, including calls to accurately value the continent's natural carbon sequestration assets (such as its forests), and for $600 billion in investment in renewable energy (a more than 435% increase) to produce at least 300 gigawatts by 2030. The declaration also called on wealthy countries to live up to their existing commitments to cut emissions and to deliver funds for adaptation—by properly launching, for example, the Loss & Damage Fund agreed to at last year's COP27 in Egypt. However, the summit was also dogged by controversy and protests, with more than 500 civil society organizations signing an open letter claiming its agenda had been hijacked to market "false solutions" such as carbon markets.
Protest against oil drilling during Amazon summit
Protesters demonstrated in Belém, Brazil, on Aug. 6 during the international Amazon Dialogues summit, against the state oil company Petrobras' proposal to begin offshore drilling at the mouth of the Amazon River.
The proposed project is located in deep waters off the Brazillian state of Amapá. The company's application for a license was rejected by the Brazilian Institute of Environment & Renewable Natural Resources (IBAMA) on May 17 due to "technical inconsistencies." According to Ibama, "The basin at the mouth of the Amazon is considered a region of extreme socio-environmental sensitivity because it houses Conservation Units, Indigenous Lands, mangroves, biogenic formations of organisms such as corals and sponges, in addition to great marine biodiversity with endangered species."
Podcast: climate change and the global struggle III
In Episode 151 of the CounterVortex podcast, Bill Weinberg notes a tellingly ironic juxtaposition of simultaneous news stories: the COP27 global climate summit in Egypt and the World Cup games in Qatar—where mega-scale stadium air-conditioning betrays the fundamental unseriousness of our civilization in addressing the impending climate apocalypse. The COP27 agreement for a "loss and damage" fund stops short of demands for climate reparations—a critical question for island nations that stand to disappear beneath the waves, flood-devastated Pakistan, and indigenous peoples of the fire-ravaged Bolivian Amazon. Petro powers like Russia and Saudi Arabia formed a bloc to bar any progress on limiting further expansion of oil and gas exploitation, while the Ukrainian delegation called for a boycott of Moscow's hydrocarbons, and pointed to the massive ecological toll of Russia's war of aggression. Meanwhile, the world population reached 8 billion, providing an excuse for groups like PopulationMatters to proffer the Malthusian fallacy even as the rate of population growth is actually slowing. Worldwide indigenous and peasant resistance to hydrocarbon exploitation points to a revolutionary response to the crisis.

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