350.org

🛢️ Japan’s heavy reliance on imported fossil fuels has left the nation dangerously vulnerable to geopolitical instability and economic shocks. The energy crisis is a critical opportunity for Japan to accelerate its transition away from fossil fuels and protect the nation from future market shocks, experts said in a panel hosted by 350.org. New analysis by 350.org reveals that the Iran conflict has already cost Japan an additional $18.75 billion. If current conditions persist, the economic burden could exceed ¥7 trillion by the end of the year -- impacting ordinary households the most. https://lnkd.in/guxrqe_x

💵 Shell has announced a scandalous $9.8 billion in profits while the rest of the world burns 🔥 350.org's Ellie May: “It’s not right that as firefighters risk their lives and families across the UK and Europe face extreme heat, fossil fuel companies like Shell post some of their highest profits in history... That’s why calls are growing across the political spectrum – for a proper global profits tax – so the industry pays towards the recovery and protection people need. It’s simple fairness: those who caused the damage and profited from it should pay to fix it, not the families already struggling to cover the bills or the emergency workers risking their lives.” Smith Nwokocha of Quest For Growth and Development Foundation in Nigeria: “Shell’s soaring quarterly profits are built on decades of extracting wealth from communities in Africa and elsewhere that continue to bear the costs of pollution, extreme weather impacts, and lost livelihoods... It’s time for Shell to pay its fair share in taxes.” https://lnkd.in/gGHdpu_7

Bali residents recently filed a citizen lawsuit against the Indonesian government, seeking a moratorium on new fossil fuel projects and accountability for climate disasters. One of the plaintiffs, 350.org Indonesia's Suriadi Darmoko, explains why he believes Bali’s future is at stake: "Back in elementary school I was taught that Indonesia’s dry season runs from April to September, while the rainy season usually falls between October and March. But in the year 2000, the rain did not come when it was supposed to. Even after the 'coffee-blossom rain' — the first rain of the rainy season, after which the coffee plants would normally flower — more than a month passed and no more rain fell. As a result, the planting season for rain-fed farmers, including my own parents, had to be delayed. The great flood in Bali that struck during the dry season brought that memory rushing back. A memory that returned with a simple question: since when did the seasons become so hard to predict? Now, the rain no longer holds back; it strikes right at the peak of the dry season." https://lnkd.in/g87PZeKm

#UNTaxConvention. Three words as boring individually as they are together. But they actually signal our best chance to really #MakePollutersPay. 👉 Corporations avoid paying taxes, often paying a lower effective tax rate than the rest of us, and contribute to the #ClimateCrisis that’s driving up our expenses and killing the planet. Nations are losing revenue on underpaid taxes. We’re losing out on a liveable planet. There is a chance to change that. 📌 The 5th round of negotiations on a UN Tax Convention will start next Monday in New York. This is a rare opportunity for climate and economic justice. This has the potential to change the way corporations profit and move the money to where it belongs: with the people. 📢 Let's call on world governments for a global tax on fossil fuels! 📢 ✍️ Sign the petition (via 350.org): https://lnkd.in/dadWzTsE

Not long ago, the idea that fossil fuel companies should contribute directly towards the cost of climate damage was dismissed as activist rhetoric. Today it is reflected in legislation, litigation and mainstream policy debate. 350.org's executive director Anne Jellema and David Hillman, director of Stamp Out Poverty write for Climate Home News: "The question is no longer whether fossil fuel giants should pay for the enormous economic and human costs being suffered by communities every day due to our rapidly warming climate. It is: when will governments step up and make them pay, for the damage already done and to build the resilience we need going forward?"

The fossil fuel industry didn’t strike the match, but it loaded the landscape with tinder. 📺 In an interview with CNBC-TV18's Archana Solanki, 350.org's Andreas Sieber points out that the disastrous wildfires raging in Europe are not without responsibility: "Governments need to protect people, which means for instance to see how we can make cities and infrastructure more heat resilient. But we also need them to start asking the right questions - who's suffering from this, and who's responsible and needs to pay a part of the price. We call on European governments to look at the fossil fuel industry as culprits." https://lnkd.in/gzvJ2wFb

🔥 Wildfires are ravaging many parts of western and southern Europe, with France and Spain among the hardest hit. 350.org campaigner's Soraya FETTIH is among the 300,000 people who have been forced to evacuate their homes. She speaks with Al Jazeera Media Network on what it's like, and why governments need to act now: "What we're living, experiencing right now in the southwest and in Spain and other regions of the world is already really bad, but it's unfortunately nothing compared to what's coming our way if we continue to do nothing to prevent these emissions from happening and to really put in place the just transition everywhere in the North and in the South." https://lnkd.in/gCgHpAA2

We’re used to hearing about inflation but that only describes the symptom. If we want to point out the disease, we need to talk about #fossilflation Coined by Isabel Schnabel, fossilflation occurs when the cost of nearly everything rises because our global economies are still fundamentally dependent on volatile fossil fuels. Because oil and gas prices are controlled by a handful of producers and sensitive to geopolitical chokepoints—like the Strait of #Hormuz—their price shocks ripple through our food, transport, and even insurance premiums. The data is clear. We aren't just dealing with ‘inflation’; we are facing a systemic dependence crisis. Moving toward local, stable, and decentralized renewable energy isn't just an environmental goal—it's the only way to achieve true economic stability. ☀️💨 How are you seeing fossilflation impact your industry or research? Let’s discuss below. Read the full blog here: https://lnkd.in/eFiWduNY #Fossilflation #EnergyTransition #CleanEnergy #MakePollutersPay

📈 With oil prices hitting $100 per barrel due to fresh hostilities in West Asia, Japan's refusal to break its near total dependence on imported oil and gas comes with a price tag: more than ¥7 trillion by the end of 2026, according to our latest analysis. 350.org campaigners urged Prime Minister Takaichi to cancel U.S. oil and gas investments, and prioritize homegrown renewables: “Over ¥7 trillion in higher energy bills is an outrage when people are struggling to cool their homes and cope with rising costs of living. Yet, the Japanese government chooses to funnel more taxpayer money into the same fossil fuels that are heating the planet and emptying people’s pockets." - Masayoshi Iyoda “Committing billions to new drilling, pipelines, and export terminals binds both the US and Japan to outdated fossil fuels for decades. But as renewable energy technologies become cheaper and more efficient, these investments risk becoming ‘stranded assets,’ basically unprofitable infrastructure rendered obsolete by the green transition." - Candice Fortin Read more: https://lnkd.in/gXum-yZD

Still think fossil fuel dependence is a safe bet? A fresh front in the Middle East crisis has pushed oil prices to $100 per barrel -- again. “It shows just how fragile and dangerous our dependence on oil and gas really is. Those shocks travel straight into food, fuel and transport costs, hitting hardest in countries with the least fiscal room to absorb them, while fossil fuel companies reap insane profits,” 350.org's Head of Campaigns Clémence Dubois said in this report by The Guardian. It's time for #TheGreatPowerShift https://lnkd.in/g8ue22h2