Masivní inflace - zdražení všeho - v posledních letech je produktem rostoucí ceny fosilních paliv. #Fossilflation.
Americký antimonopolní úřad nyní navíc odhalil, že US producenti ropy se podíleli na kartelové dohodě se Saúdy. To je skutečná #konspirace, která je prý zodpovědná za více než 25 % celkové inflace v USA za rok 2021:
https://www.thebignewsletter.com/p/an-oil-price-fixing-conspiracy-caused — @matthewstoller
Inflation stats are out. More telling: how much of inflation is indeed due to (largely fossil) energy prices fluctuating widely
https://heatmap.news/economy/ukraine-war-global-energy
#climate #energy #fossilflation
Dan Yergin has the big interview in today's NZZ https://www.nzz.ch/wirtschaft/energieguru-daniel-yergin-ich-habe-die-diskussion-satt-eine-energiewende-in-25-jahren-oder-weniger-ist-unwahrscheinlich-ld.1819617
Lots to say, but just as much: "energy independence" isn't about quantities, it's about prices. And they are now, if anything, more closely linked than before. https://gwagner.com/heatmap-fossilflation/
#Putin × #fossilflation × #climate
For the most chilling and heroic 3min you will watch today: Yulia Navalnaya, Aleksei Navalny's wife, at the Munich Security Conference the day #Navalny died in a Russian prison https://www.youtube.com/watch?v=3oTlZggZq4g
Climate change hitting home, insurance edition.
And yes, even auto insurance rates are affected by climate change, both via climateflation & #fossilflation
https://www.wsj.com/business/insurance-home-auto-rate-increases-climate-change-03b806f3
#climate #insurance
Banner headline: hardly anyone cares about climate change.
Top two areas of concern: inflation & migration.
Key driver for each: fossil energy & effects of climate change.
Fossil fuel companies are raking in billions...taking from your wallet and dumping it into rich shareholder pockets. This is #Fossilflation – and it’s a key driver of the cost-of-living crisis. Supporting Canadians with the soaring costs of living means a #WindfallTax on Big Oil's excessive profits. Demand the government immediately implement a Windfall Tax on greedy oil and gas companies to give back to Canadians and accelerate the shift away from fossil fuels >> https://act.gp/3RDDpXO
WRONG. Inflation has little to do with (below-inflation) wage rises. The real causes: #fossilflation supply chain shocks, the profit-price spiral, have been left untackled. #ClimateChange #capitalism #corporategreed
Fossil fuel companies should not be profiteering off a global crisis – but they are: in the second quarter of 2022 alone, Canada’s top fossil fuel companies made $12 billion in excess profits, a three-fold increase compared to the same period last year. While ordinary Canadians struggle to put food on the table, cover rent and pay for basic necessities, Big Oil is raking it in, taking from your wallet and dumping it into rich shareholder pockets. This is #Fossilflation – and it’s a key driver of the cost-of-living crisis. Supporting Canadians with the soaring costs of living means a #WindfallTax on Big Oil's excessive profits. Join me in demanding the government immediately implement a Windfall Tax on greedy oil and gas companies to give back to Canadians and accelerate the shift away from fossil fuels >> https://act.gp/3RDDpXO
RT @natalieben: #BeyondGrowth
@BasEickhout starting energy session - talking problem of #FossilFlation and the need for #energydemocracy. Gas is a problem, not a solution https://t.co/1ZCUaLJrcy
🐦🔗: https://n.respublicae.eu/BasEickhout/status/1658405471659622402
Fossilflation means our deadly dependence on fossil fuels is hurting our wallets as well as the planet.
Their prices are unpredictable, and determined by international markets beyond our control.
Recent shocks have been triggered by Russia's invasion of Ukraine & burst pipelines.
But why are we so exposed to these shocks?
This government has created a crisis by making us beholden to foreign despots & fossil fuel giants.
Read more about #fossilflation below ⤵️
https://positivemoney.org/2023/04/fossilflation-the-short-term-shocks-from-a-fossil-fueled-future/
@gwagner REALLY like that term. *makesnote to start using #fossilflation whenever possible...
« Seit Jahresbeginn treibt der Begriff der „grünen“ Inflation oder „Greenflation“ sein Unwesen. Diese Beschreibung ist nicht nur sachlich falsch, sondern diskreditiert auch die Anstrengungen zum Klimaschutz. Ein Thread zur Aufklärung #fossilflation »
— Retweet https://twitter.com/MoritzVargas/status/1483136517136596995
