Trump Bails Out Oil Industry, Not U.S. Families, as Coronavirus Crisis Intensifies
By Jon Queally
Climate action groups and progressive critics expressed disappointment and outrage on Friday afternoon after President Donald Trump — despite a continued failure to offer far-reaching support to the U.S. public — moved to bolster the bottom lines of oil and gas companies by announcing a massive federal purchase for the nation's Strategic Petroleum Reserve (SPR).
"Based on the price of oil, I've also instructed the Secretary of Energy to purchase at a very good price large quantities of crude oil for storage in the U.S. strategic reserve," Trump announced during a White House press conference — surrounded by CEOs from major corporations, including Walmart, CVS, and Target — in which he also declared an official national emergency in order to combat the outbreak of the coronavirus.
"We're going to fill it right up to the top," said of the SPR, but critics were quick to point out that move has everything to do with helping his wealthy friends and cronies in the fossil fuel industry, and nothing to do with helping average people now under threat from the spreading pandemic.
"Trump has once again put the interests of oil and gas executives ahead of the interests of people and communities," said Alex Doukas of Oil Change International. "With this move, Trump has rolled out a plan to prop up U.S. oil companies before he has even bothered to guarantee paid sick leave for US workers who are going to be on the frontlines of the coronavirus crisis for weeks to come."
The news came Friday as additional school closures were announced for states nationwide, grocery store shelves were wiped clean, and worry continues to spread about just how extensive the outbreak will become.
Greenpeace warned that the total cost of the oil purchase "could exceed $2.6 billion in public funds," a stark comparison when put next to the proposal put forth by House Democrats just hours earlier. Introducing the "Families First Coronavirus Response Act" which calls for an estimated $1.7 billion aimed at helping working families and children to weather the public health crisis, House Speaker Nancy Pelosi said, "The American people expect and deserve a coordinated, science-based and whole-of-government response to keep them and their loved ones safe: a response that puts families first to stimulate the economy."
By putting his administration's emphasis on bailing out the oil industry, John Noël, a senior climate campaigner for Greenpeace USA, said the president is doing the opposite of putting people first.
"Trump's response to a global pandemic is to put billionaires and corporate polluters ahead of American families. There's no evidence that this handout would protect jobs, pensions, benefits, or ease the hardships facing fossil fuel workers or communities confronting the COVID-19 outbreak right now. It's nothing more than a gift to the industry that created the climate crisis."
Doukas agreed, calling it "wildly inappropriate" for Trump "to abuse the Strategic Petroleum Reserve as a tool to prop up the oil and gas industry at a time when the White House should be focusing on how to help everyday people in the US."
"Where is the relief for workers grappling with caring for their families, retail workers risking exposure every day, families grappling with debt and mounting bills while their livelihoods are put at risk?" he asked. "No, today President Trump focused on propping up polluting industries and trotting out CEOs to sell their wares."
As CNBC reported, following Trump's late-day announcement, "crude futures jumped 5%" in the last hour of market trading.
Reposted with permission from Common Dreams.
By Jessica Corbett
In a rare calm moment during a historically active Atlantic hurricane season, an international team of climate scientists on Monday published a new study in the journal Nature Climate Change showing that human-caused global heating is making the world's oceans more "stable"—which, as co-author Michael Mann explained, is "very bad news."
<div id="e639b" class="rm-shortcode" data-rm-shortcode-id="d8d112e123588b9bf3c3eadcc89627e8"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1310602217825726465" data-partner="rebelmouse"><div style="margin:1em 0">Thank you to @MichaelEMann for patiently and clearly explaining to non scientists why increased ocean stabilizati… https://t.co/yW2BmQhKGp</div> — Dr Naomi Wolf (@Dr Naomi Wolf)<a href="https://twitter.com/naomirwolf/statuses/1310602217825726465">1601306893.0</a></blockquote></div>
<div id="85eca" class="rm-shortcode" data-rm-shortcode-id="43780424fc8b04e23a525e1bad1086eb"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1310608647651811336" data-partner="rebelmouse"><div style="margin:1em 0">Canada has oceans on 3 sides-we can't ignore the climate news that The Oceans Appear to Be Stabilizing. Here's Why… https://t.co/SfWJWWRHr7</div> — Friends Of Halifax Common (@Friends Of Halifax Common)<a href="https://twitter.com/FriendsHalifax/statuses/1310608647651811336">1601308426.0</a></blockquote></div>
<div id="3e52e" class="rm-shortcode" data-rm-shortcode-id="f210e186b6e1481a64770e0c8722a438"><blockquote class="twitter-tweet twitter-custom-tweet" data-twitter-tweet-id="1310638669477236738" data-partner="rebelmouse"><div style="margin:1em 0">"Das bedeutet, dass das CO2-Budget, das zur Vermeidung kritischer Erhitzung (z.B. 1,5°C) übrig bleibt, möglicherwei… https://t.co/675YBTSybJ</div> — Parents For Future #SystemChangeNotClimateChange (@Parents For Future #SystemChangeNotClimateChange)<a href="https://twitter.com/parents4future/statuses/1310638669477236738">1601315583.0</a></blockquote></div><p>Ending his piece on a similar note, Mann wrote that "in short, it's unwise to be complacent given the accumulating scientific evidence that climate change and its impacts may well be in the upper end of the range that climate scientists currently project. There is ever-greater urgency when it comes to acting on climate. But there is agency as well. Our actions <a href="https://www.newsweek.com/dangerous-new-form-climate-denialism-making-rounds-opinion-1455736" target="_blank">make a difference</a>—something to keep in mind as we head into a presidential election <a href="https://www.newsweek.com/greta-thunberg-donald-trump-true-leadership-climate-change-free-world-1461147" target="_blank">whose climate implications</a> are monumental."</p><p>Mann is on the mounting list of climate experts and advocates <a href="https://www.axios.com/2020-presidential-election-joe-biden-endorsed-climate-scientists-24013990-0300-4c2c-ad95-57571b397196.html?fbclid=IwAR3vTCBmK5BwvoafwGefadTsnIMnKo9FS6ssc9PCdFLEeXr6p4KHlnrFWKU" target="_blank">supporting </a>Democratic presidential nominee Joe Biden in his effort to oust President Donald Trump—who has, at various points, ignored and exacerbated the climate emergency. Earlier this month, the <a href="https://www.commondreams.org/news/2020/09/15/matter-life-and-death-after-175-years-scientific-american-backs-biden-magazines" target="_blank" rel="noopener noreferrer">editors</a> of<em> Scientific American</em> as well as the political action arms of both 350 and Friends of the Earth also <a href="https://www.commondreams.org/news/2020/09/24/clarion-call-all-progressive-environmentalists-defeat-trumps-planetary-destruction" target="_blank" rel="noopener noreferrer">endorsed</a> the former vice president.</p><p>"The stakes are clear and present," Tamara Toles O'Laughlin from 350 Action said of the general election, for which early voting is already underway in some states. "The planet cannot withstand four more years of Trump."</p>
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