As global capital becomes ever more powerful, giant corporations are holding governments and citizens up for ransom — eliciting subsidies and tax breaks from countries concerned about their nation’s “competitiveness” — while sheltering their profits in the lowest-tax jurisdictions they can find. Major advanced countries — and their citizens — need a comprehensive tax agreement that won’t allow global corporations to get away with this.
A new survey finds near-unanimous consensus among scientists that climate change is caused by human activity.
My family and I live in Lower Manhattan. Hurricane Sandy left us, as it did so many other families and businesses, without power, heat, hot water and refrigeration. Out heartfelt best goes out to all who were affected. Recovery hasn’t been easy – not for any of us.
WASHINGTON, D.C. — A new World Bank report warns that time may be running out to temper the rising risks of undesirable climate change.
Much within Amy Luers’ recent Daily Climate essay on extreme weather and the climate crisis is to be commended. Indeed, cutting emissions of carbon dioxide (CO2) today won’t eliminate a climate change-induced pattern favoring more severe storms and extreme weather.
Middle-class families may have gotten some relief in the second quarter of 2012 due to slightly lower gasoline prices compared to the first quarter of the year, but billions of dollars in big profits continue to pile up at the Big Oil companies.
In the Nangarhar province near Afghanistan’s eastern border sits an abandoned police base, built with $4.5 million of U.S. taxpayer dollars and completed just 13 months ago. The base, known as Lal Por 2, is badly needed but remains empty because it lacks any viable water supply. No efforts are underway to add one.