DANIEL J. WEISS and JACKIE WEIDMAN – Lingering high oil and gasoline prices contributed to another quarter of huge profits for the big five oil companies: BP plc, Chevron Corp, ConocoPhillips, ExxonMobil Corp, and the Royal Dutch Shell Group. They earned a combined $28 billion in the third quarter of 2012, reaping more than $90 billion in profits through the first three quarters of the year. (see Table 1) As they did last year, the “big five†are on track to easily exceed $100 billion in profits this year.
Milestone: 1/4 of the Way to Revoking Corporate Personhood
PETER SCHURMAN – With victories on Nov. 6th in statewide votes in Montana and Colorado, both by nearly three-to-one margins, we’re now one quarter of the way to amending the U.S. Constitution to overturn Citizens United. This a huge milestone, one we could not have achieved without your help, along with the help of many friends and allied organizations, including Common Cause, which led the way on the Montana and Colorado victories with our support, as well as People for the American Way, Public Citizen, U.S. PIRG, Move to Amend, Ben & Jerry’s, RootsAction, the American Sustainable Business Council, Auburn Seminary, Avaaz, Credo, unPAC, and SignOn.org.
Britain Rejects U.S. Request to Use UK Bases in Nuclear Standoff with Iran
NICK HOPKINS – Britain has rebuffed U.S. pleas to use military bases in the UK to support the build-up of forces in the Gulf, citing secret legal advice which states that any preemptive strike on Iran could be in breach of international law. The Guardian has been told that U.S. diplomats have also lobbied for the use of British bases in Cyprus, and for permission to fly from U.S. bases on Ascension Island in the Atlantic and Diego Garcia in the Indian Ocean, both of which are British territories.
Business Warned to Prepare for Catastrophic Climate Impacts
JO CONFINO – PricewaterhouseCoopers’ latest index points to a catastrophic future unless radical action is taken now to combat climate change. “Business leaders have been asking for clarity in political ambition on climate change,” says partner Leo Johnson. “Now one thing is clear: businesses, governments and communities across the world need to plan for a warming world – not just 2C, but 4C or even 6C.”
Would You Change Your Lifestyle to Protect Your Progeny?
ELLIOTT CAMPBELL – I had the pleasure of attending the 4th Eco-Summit, held in Columbus Ohio and hosted by William Mitsch at Ohio State University. This was a large conference, over 1600 people, featuring preeminent ecologists from around the world including Simon Levin, E.O. Wilson, Robert Costanza, Bernie Patten, Sven Jorgensen and plenary sessions by popular authors Jared Diamond and Lester Brown. As a recent PhD graduate and nascent systems ecologist I found the Eco-Summit to be edifying, inspiring, as well as incredibly frustrating.
The Battle Against Big Energy’s Rush to Ruin Our Planet
DARYL HANNAH – “That’s all happened when you raise the temperature of the earth one degree,” says author Bill McKibben, “[t]he temperature will go up four degrees, maybe five, unless we get off coal and gas and oil very quickly.” Additional temperature rises could compromise our safety and cause incalculable damage from a large number of billion-dollar disasters in coming years – if we don’t address our emissions, insist upon an appropriate climate policy and curtail the rogue fossil fuel industry.