Bank of England Head Warns of 'Potentially Huge' Risks From 'Literally Unburnable' Fossil Fuel Assets

In a speech described as “milestone,” the governor of the UK’s central bank warned Tuesday that investors face “potentially huge” risks from assets of “literally unburnable” fossil fuels if the world is to keep global warming under the 2 degree Celsius threshold. Bloomberg describes Bank of England governor Mark Carney as “the most prominent figure …

'Codifying' Government Surveillance, Senate Passes CISA

#StopCISA Tweets The U.S. Senate on Tuesday passed the Cybersecurity Information Sharing Act (CISA) without any of the proposed amendments that would have strengthened user protections. The bill passed 74-21 (see the roll call here). Rights groups immediately called for President Barack Obama to veto the bill and vowed to keep pressure up. “Every senator …

As Mining Giant Flails, Human Toll from Brazil Dam Disaster Ticks Up

While business reporting zooms in on the financial implications of last week’s deadly dam burst in Brazil—a toxic breach being called the “largest-ever spill of its kind”—survivors and rescuers continue to tally up the human and ecological costs and search for those who are still missing. There are currently 28 people missing and three have …

This NAFTA Lawsuit over Keystone XL Proves "Free Trade" Deals Kill Democracy

Canadian pipeline company TransCanada announced Wednesday afternoon it is suing the Obama administration under NAFTA provisions for the U.S. decision last November to reject the unpopular Keystone XL pipeline. The climate justice movement that successfully pressured the president to reject the mammoth pipeline project responded on Thursday by characterizing the move as “pathetic” and saying …

Biden: ‘Guys, I’m not running’

Speaking at an annual Democratic Party dinner in New Hampshire on Sunday evening, former Vice President Joe BidenJoe BidenHillicon Valley: Biden calls on Facebook to change political speech rules | Dems demand hearings after Georgia election chaos | Microsoft stops selling facial recognition tech to police Trump finalizing executive order calling on police to use …

Likely W.Va. Senate GOP rivals spar in radio appearances

West Virginia Republican Rep. Evan Jenkins and state Attorney General Patrick Morrisey each took to local radio on Monday to sharpen their attacks on one other ahead of an expected clash in the state’s GOP Senate primary.  Morrisey slammed Jenkins, saying that the former Democrat comes with too much baggage from his old party to …

Brussels Maintains State of Emergency as European Crackdown Grows

Click:hanfu dress male female Brussels remained under lockdown for the second day on Sunday as authorities continued to search for the suspects behind this month’s attacks in Paris that killed 130 people. Belgian officials, who have repeatedly rejected criticisms of their security measures, are expected to meet later during the day to discuss whether to …

Obama's "Legacy of Inaction" on Campaign Finance Reform Exposed

As the 2016 presidential campaign season hits full stride with hundreds of millions of dollars pouring in from outside funding groups, democracy reformers are zeroing in on the one person they say could stem the flow of money into electoral politics: U.S. President Barack Obama. “President Obama has no one to blame but himself for …

Threatened by Powerful Voice, Industry 'Attack Dog' Hired to Discredit Teenage Anti-GMO Activist

The U.S. agrichemical lobby targeted a Canadian teenager as part of its “increasingly nasty and divisive public relations war over GMOs,” according to new reporting from Global News. Rachel Parent was 14 years old when her activism around labeling genetically modified organisms (GMOs) in food caught the eye of pro-GMO corporations and lobby groups. According …

It's Not Just Shkreli: Another Pharma Giant Hikes Drug Prices

Former pharma CEO Martin Shkreli, widely reviled for dramatically hiking the price of a life-saving drug used by HIV and cancer patients, is in good company. Starting at the beginning of 2016, the pharmaceutical giant Pfizer Inc. quietly jacked up the U.S. prices of over 100 of its drugs, some by nearly a fifth. Reuters reported the …