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Saturday May 18, 2024

A deadly industry

By Jennifer Morgan
April 29, 2021

Despite widespread acknowledgement that burning fossil fuels is the main cause of the climate emergency, governments are yet to take real action against the industry even while the future of the planet, and all who live on it, hangs in the balance.

Air pollution from coal, oil, and gas killed 8.7 million people globally in 2018 alone, and the climate crisis already has an annual death toll of more than 100,000 – a fast–climbing figure – with some organisations saying 100 million people will die by 2030 and billions more will be displaced. Perhaps it is a testament to the extreme greed (or extreme cowardice) of those in power that they continue to allow dirty energy corporations to fuel a crisis that even they and their loved ones will not escape.

In fact, none of us will be safe unless the global economy shifts to run on renewable energy – fast. It is not enough for wealthy countries to run on clean power if they continue to produce and export fuels that crash the climate when they are burned elsewhere. Profiting from emissions made elsewhere may make for a handy accounting trick, but the consequences of those carbon emissions will be felt by all of us, with countries in the Global South shouldering the greatest burden.

With US President Joe Biden now occupying the White House – on the eve of a climate summit hosting 17 of the world’s largest carbon emitters – many across the planet hope that we might see action on climate from the United States commensurate with what science and justice demand. As one of the world’s most influential countries and most egregious climate polluters, the US has an opportunity and responsibility to make significant contributions to a safe and stable world. To truly claim the mantle of climate leader, President Biden must seize the moment to commit to phasing out the climate emergency’s main driver: the fossil fuel industry.

Biden can do two things right now to kick off a fossil fuel phaseout. First, take executive action, and put pressure on Congress, to eliminate billions in taxpayer handouts going to oil, gas and coal companies from the federal government each year. Public money that could be freed up to invest in domestic recovery by creating jobs in upgrading public infrastructure, or a just transition led by workers and affected communities, and to support vaccines globally. Those funds could also begin to support climate-vulnerable countries so they can adapt to a heating world and transition to clean energy, instead of propping up a failing and deadly industry. Second, if the US is serious about addressing the climate crisis, it needs to reinstate the crude oil export ban.

Excerpted: ‘It Is Time to Transition to a World Beyond Fossil Fuels – Our Lives Depend On It’

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