BREAKING: London-based fossil fuel company Ascent Resources — who are suing the Slovenian govt over its decision to ban fracking — has upped its demands from €120 million to over HALF A BILLION EUROS.
🧵What does €500 million mean to people in Slovenia?
According to our allies @Umanotera, €500 million could pay for:
🍎 Free school meals for Slovenian primary school children for 6 years!
OR
🔥Slovenia's programme to support vulnerable people with their energy bills — 23 times over.
2/4
Instead, thanks to the Energy Charter Treaty (#ECT), if Ascent win that money will go to its shareholders.
Corporate Courts (ISDS), embedded in the ECT, enable corporations to sue governments over climate action — draining public finances and undermining public services. 3/4
UK oil and gas company Rockhopper has just successfully sued the Italian state for over €190 million plus (substantial) interest — over Italy's decision to protect its environment and its people by banning Rockhoppers' fracking project.
📺Here's how. 1/6
The case was made possible by the #EnergyCharterTreaty (ECT) which allows corporations to sue countries in secretive tribunals (ISDS) over policy decisions that affect their current, and projected future, profits. 2/6
The case came after the local community in Abruzzo, Italy, ran a successful grassroots campaign to stop the construction of Rockhopper’s planned oil rig off the coast, that would have devastated their homes and livelihoods. 3/6
Colombia’s new govt was formed in the grassroots organisations of its most marginalised people.
Here's why we should pay close attention to how President Petro, Vice President Márquez & their cabinet tackle moving from resistance to power. 1/6 cutt.ly/lXmbeQ2
Colombia’s first left-wing government must translate one of the world’s boldest climate-justice platforms into policy.
At the centre of its approach is an ‘economy for life’ — refocusing production, land and resource use away from corporate profits towards social needs. 2/6
The new Colombian government aims to end the country's economic dependence on fossil fuels and resource extraction.
Reorienting the economy will be no small feat & it is crucial that the process and implementation is community-led. 3/6
🧵Institutions like the @WorldBank claim to be leading the way on climate action.
The truth is much of its investment in "climate-smart agriculture" is really just protecting the profits of the corporations that are fuelling the #ClimateCrisis and the #FoodCrisis. 1/8
Corporations have co-opted food & climate spaces — pushing the idea that the #FoodCrisis is a production problem that can be solved by increasing yields.
Only, we already produce enough food to feed everyone. In fact according to @FAO, we produce enough for 10 billion people.2/8
Market controls, monocropping and land concentration are solutions to an underproduction issue that doesn't exist.
They're great for corporate profits but they don't address the real causes of poverty, hunger & climate collapse — they make them worse. waronwant.org/news-analysis/… 3/8
@amnesty Israel's dual legal system in the West Bank is just one example of apartheid. Repressive laws imposed on the Palestinian population are enforced by military courts – to suppress Palestinian dissent, quash resistance, and deepen Israel's military rule. 3/6 waronwant.org/resources/judg…
Thanks to all of you who raised your voices to say we won't accept the sacrificing of the Global South. We won't accept anything short of #ClimateJustice.
Our executive director @chilledasad100 is about to deliver your demands directly to world leaders at #COP26
@chilledasad100 1/ "The richest have ignored every moral and political call to do their fair share. Their Broken promises are littered across 26 COPs. Empty press releases drafted by polluting companies no longer fool anyone.
@chilledasad100 2/ Covid vaccine inequity and ‘net zero 2050’ are just the latest examples of a deliberate sacrifice of the poor for profit by those whose wealth was and continues to be looted from the global South.
Whilst we are frustrated, and angry. We are not without hope.
Our event, From Crisis to Justice, pathways to a #GlobalGreenNewDeal has started.
Unfortunately, due to technical issues, this will not be live streamed (however we will make a recording available as soon as possible).
But check out the thread below for some of our highlights
"Neoliberalism has taken a wrecking ball to the welfare state and communities in the Global South but also in the Global North. Taking away the basic things we need for a dignified life.
Any Green New Deal, needs to deliver for all of us." @KateAronoff
@KateAronoff "Green New Deal conversations should be a basis for rupture, for movement building, to build class conscience.
When we say uproot the system, the system has a name - it's called capitalism"