extractivist economy

Does Trump Have a Bunch of ‘Losers’ to Thank for a Growing Economy?

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But, curiously, this renaissance of petroleum in the United States has not led to a resurgence of profits in the oil and gas industry. Quite the opposite, because almost none of the companies that have invested in fracking are turning a profit. Investors in this industry are losing a lot of money, some $83 billion since 2008, according to oil analyst Arthur Berman.

The UN Climate Talks are Coming to Britain. The Climate Justice Movement will be Ready

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But by playing host to COP26, the movement has a chance to push for the country to redefine its relationship to the rest of the world in the post-Brexit era. Those who refuse to let imperial nostalgia become the accepted goal for the UK can and should put forward an alternative vision of international solidarity and cooperation…