"People's misery makes capitalists' superprofit," said one critic as commodity traders make a killing off worldwide food and energy chaos.
Russia's war on Ukraine has wreaked havoc on global commodity markets, driving up energy and food prices and exacerbating hunger emergencies around the world.
"We're in a market where speculators are driving prices up."
"A big concern in climate circles is that the ripple effect of converting food crops to fuel makes it hard to calculate the true greenhouse gas emissions of biofuels. Increased demand for food crops for fuel can cause deforestation in other parts of the world, which, in turn, creates more emissions, John Reilly, former co-director of the MIT Joint Program on the Science and Policy of Global Change, told Canada’s National Observer."
Flash flooding from ‘monster monsoon’ washes away villages and crops and leaves thousands homeless
A Pakistani minister has called the country’s deadly monsoon season “a serious climate catastrophe” and “a climate dystopia at our doorstep” as officials said deaths from widespread flooding in Pakistan had passed 1,000 since mid-June.
Modern biofuels are touted as a boon for the climate. But, used on a large scale, they are no more sustainable than whale oil
What can you say about governments that, in the midst of a global food crisis, choose instead to feed machines? You might say they were crazy, uncaring or cruel. But these words scarcely suffice when you seek to describe the burning of food while millions starve.
The West Moberly First Nations have reached a partial agreement with B.C. Hydro and the provincial and federal governments over a lawsuit that says the massive Site C hydroelectric dam in northeastern B.C. would destroy their territory and violate their rights.
