Browsing Tag

climate change

37 posts
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Big Oil profits soar as planet burns: we need socialist climate action!

In 2022, we were witness to weather extremes across the globe, yet fossil fuel companies raked in their highest profits on record. Shell alone posted a record £32bn. Despite promises at COP26, alongside Biden's "Inflation Reduction Act" & the EU's "Green Industrial Strategy", the levels of CO2 pumped into the atmosphere are predicted to increase over the next 10 years. Lucy Marron explores an alternative socialist plan to combat the climate killing capitalist system.
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Gulf stream slowdown shows need to end climate change & capitalism

The Gulf stream’s warmth stretches from the tip of Florida northwards along the US East Coast. It is one of many currents in the thermohaline, or Atlantic meridional overturning circulation (AMOC), an essential system credited for the hospitality of the Northern hemisphere. It carries warm water from the Tropics to the North Atlantic “like a conveyor belt,” as climate scientists have aptly described, amidst serious concerns of AMOC weakening and possibly eventually stalling altogether.
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In the context of a global pandemic, an economic depression and the continuation of racist police murders in the US, the profoundly chaotic and violent nature of capitalism has revealed itself to an ever growing number of workers and young people across the globe.