Simple & Practical Approach
Simple & Practical Approach
As of July 2014, Oil Change International estimates the total value of U.S.
subsidies to the fossil fuel industry at $37.5 billion annually, including international
finance. This does not include military, health, climate, or local pollution costs. These
subsidies have increased dramatically as U.S. oil and gas production has increased.
(http://priceofoil.org/fossil-fuel-subsidies/)
2
Fossil fuel companies are benefitting from global subsidies of $5.3 trillion a year,
equivalent to $10m a minute every day, according to a startling new estimate by the
International Monetary Fund. The vast sum is largely due to polluters not paying the
costs imposed on governments by the burning of coal, oil and gas. These include the
harm caused to local populations by air pollution as well as to people across the globe
affected by the floods, droughts and storms being driven by climate change. Nicholas
Stern of London School of Economics said that even the IMFs vast subsidy figure was
a significant underestimate: A more complete estimate of the costs due to climate
change would show the implicit subsidies for fossil fuels are much bigger even than this
report suggests. (The Guardian, 18 May 2015)
3
The Trans-Pacific Partnership would offer new rights to big polluters, including
the right to sue governments in private trade courts over laws and policies that
corporations allege reduce their profits. (Ilana Solomon, Sierra Club's Responsible
Trade Program). For more on TPP see
https://www.youtube.com/watch?v=PNsHAHQh4Es.
4
The most potentially devastating impacts of industrial modes of agricultural
production stem from their contribution to increased greenhouse gas emissions.
Together, field-level practices represent about 15% of total human-made greenhouse
gas emissions. Other processes requiring considerable amounts of energy result in an
additional 15-17% of total man-made GGEs attributable to food systems. Hence
II.
III.
IV.
1. Vote: Though the political system is badly flawed, elections can make
a difference. Vote only for candidates who admit human-caused
climate change and are willing to act against it.
Useful Websites
Climate Progress
Desmog Blog
Inside Climate News
Climate Central
Climate Nexus
Climate Disruption Dispatches,
with Dahr Jamail (Truthout)