Naomi Klein’s recent article, “ "The Problem With Hillary Clinton Isn’t Just Her Corporate Cash. It’s Her Corporate Worldview,” raises a critical question regarding corporate money influencing our legislation:
First, some facts. Hillary Clinton’s campaign, including her Super PAC, has received a lot of money from the employees and registered lobbyists of fossil-fuel companies. There’s the much-cited $4.5 million that Greenpeace calculated, which includes bundling by lobbyists.
But that’s not all. There is also a lot more money from sources not included in those calculations. For instance, one of Clinton’s most prominent and active financial backers is Warren Buffett. While he owns a large mix of assets, Buffett is up to his eyeballs in coal, including coal transportation and some of the dirtiest coal-fired power plants in the country.
One of Clinton’s most active financial backers is Warren Buffett, who is up to his eyeballs in coal.
Then there’s all the cash that fossil-fuel companies have directly pumped into the Clinton Foundation. In recent years, Exxon, Shell, ConocoPhillips, and Chevron have all contributed to the foundation. An investigation in theInternational Business Times just revealed that at least two of these oil companies were part of an effort to lobby Clinton’s State Department about the Alberta tar sands, a massive deposit of extra-dirty oil. Leading climate scientists like James Hansen have explained that if we don’t keep the vast majority of that carbon in the ground, we will unleash catastrophic levels of warming.
During this period, the investigation found, Clinton’s State Department approved the Alberta Clipper, a controversial pipeline carrying large amounts of tar-sands bitumen from Alberta to Wisconsin. “According to federal lobbying records reviewed by the IBT,” write David Sirota and Ned Resnikoff, “Chevron and ConocoPhillips both lobbied the State Department specifically on the issue of ‘oil sands’ in the immediate months prior to the department’s approval, as did a trade association funded by ExxonMobil.”
Hillary supports “safe and responsible” fracking. Huh?
Klein goes on to point out that now is not the time to tone it down, “climate change has contributed to the hottest temperatures since records began.”
Eva Resnick-Day, the 26-year-old Greenpeace activist who elicited the “so sick” response from Clinton last week putted best when she said:
As a youth movement, we have done our own research, and that is why we are so terrified for the future…. Scientists are saying that we have half the amount of time that we thought we did to tackle climate change before we go over the tipping point. And because of that, youth—the people that are going to have to inherit and deal with this problem—are incredibly worried.
What happens in the next four or eight years could determine the future of our planet and the human species.
And that’s why we’re out there…asking the tough questions to all candidates: to make sure that whoever is in office isn’t going to continue things as they’ve been, but take a real stand to tackle climate change in a meaningful and deep way for the future of our planet.
At the center of it all is the canonical belief that change comes not by confronting the wealthy and powerful but by partnering with them. Viewed from within the logic of what Thomas Frank recently termed “the land of money,” all of Hillary Clinton’s most controversial actions make sense. Why not take money from fossil-fuel lobbyists? Why not get paid hundreds of thousands for speeches to Goldman Sachs? It’s not a conflict of interest; it’s a mutually beneficial partnership—part of a never-ending merry-go-round of corporate-political give and take.
Books have been filled with the failures of Clinton-style philanthrocapitalism. When it comes to climate change, we have all the evidence we need to know that this model is a disaster on a planetary scale. This is the logic that gave the world fraud-infested carbon markets and dodgy carbon offsets instead of tough regulation of polluters—because, we were told, emission reductions needed to be “win-win” and “market-friendly.”
As Resnick-Day correctly states, everything is moving faster than the scientific modeling has prepared us for. The ice is melting faster. The oceans are rising faster.
And that means that governments must move much faster too. The latest peer-reviewed science tells us that if we want a good shot at protecting coastal cities this century —including New York, the place where Bernie and Hillary are currently having it out—then we need to get off fossil fuels with superhuman speed. A new paper from Oxford University, published in the journal Applied Energy, concludes that for humanity to have a 50-50 chance of meeting the temperature targets set in Paris, every new power plant has to be zero-carbon starting next year.
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#ToneDownForWhat
Sanders and his supporters understand something critical: It won’t all be win-win. For any of this to happen, fossil-fuel companies, which have made obscene profits for many decades, will have to start losing. And losing more than just the tax breaks and subsidies that Clinton is promising to cut. They will also have to lose the new drilling and mining leases they want; they’ll have to be denied permits for the pipelines and export terminals they very much want to build. They will have to leave trillions of dollars’ worth of proven fossil-fuel reserves in the ground.
A president willing to inflict these losses on fossil-fuel companies and their allies needs to be more than just not actively corrupt. That president needs to be up for the fight of the century—and absolutely clear about which side must win. Looking at the Democratic primary, there can be no doubt about who is best suited to rise to this historic moment.
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