It’s very simple, but very difficult to see that any political, legal or economic structure are comprehending it and if they do not comprehend it in our lifetime they and us we risk planetary suicide, murder and death.
destruction of the natural environment, especially when deliberate.”their crime is nothing less than attempted ecocide”
Why should this be the number one problem in a world full of problems.
Well I belive that with out an organic living breathing earth we will no longer have the bedrock to solve any and all other problems.
You can’t decide who lives and dies on a planet where everyone is dead and right now like no time ever, ecodide threatens to consume this planet.
Mass damage and destruction of nature is taking place globally. And right now, it’s legally permitted. We call it ECOCIDE and we’re working to make it an INTERNATIONAL CRIME.
Join the growing movement of Earth Protectors to help make this happen.
I have just seen on the news and now also read on the NY Times oil article about oil. I signed up to a NY Times subscription this week and also pay my BBC subs online so feel ok posting this article. I can’t believe black gold or oil is now in negative equity in the USA and people will pay you to take it away. It’s a market working in the new environment. Not many cars on the road, not many planes in the sky and not many industries pumping out pollution. I knew that this was theortically profitable and possible, but genuinly never thought I would see it happen in my life time let alone to black gold or oil. During the 90’s the theory was about peak oil pricing and that it would be worth more than what people could afford to pay but negative equity! The brain boggles. So I have just searched for an article on the internet that I can post about it and found a good old BBC page.
“This is off-the-charts wacky,” said Stewart Glickman, an energy equity analyst at CFRA Research. “The demand shock was so massive that it’s overwhelmed anything that people could have expected.”
The severe drop on Monday was driven in part by a technicality of the global oil market. Oil is traded on its future price and May futures contracts are due to expire on Tuesday. Traders were keen to offload those holdings to avoid having to take delivery of the oil and incur storage costs.
June prices for WTI were also down, but trading at above $20 per barrel. Meanwhile, Brent Crude – the benchmark used by Europe and the rest of the world, which is already trading based on June contracts – was also weaker, down 8.9% at less than $26 a barrel.
Mr Glickman said the historic reversal in pricing was a reminder of the strains facing the oil market and warned that June prices could also fall, if lockdowns remain in place. “I’m really not optimistic about the prospects for oil companies or oil prices,” he said.
OGUK, the business lobby for the UK’s offshore oil and gas sector, said the negative price of US oil would affect firms operating in the North Sea.
“The dynamics of this US market are different from those directly driving UK produced Brent but we will not escape the impact,” said OGUK boss Deirdre Michie.
“Ours is not just a trading market; every penny lost spells more uncertainty over jobs,” she said.
The oil industry has been struggling with both tumbling demand and in-fighting among producers about reducing output.
Earlier this month, Opec members and its allies finally agreed a record deal to slash global output by about 10%. The deal was the largest cut in oil production ever to have been agreed.
But many analysts say the cuts were not big enough to make a difference.
“It hasn’t taken long for the market to recognise that the Opec+ deal will not, in its present form, be enough to balance oil markets,” said Stephen Innes, chief global market strategist at Axicorp.
The leading exporters – Opec and allies such as Russia – have already agreed to cut production by a record amount.
In the United States and elsewhere, oil-producing businesses have made commercial decisions to cut output. But still the world has more crude oil than it can use.
And it’s not just about whether we can use it. It’s also about whether we can store it until the lockdowns are eased enough to generate some additional demand for oil products.
Capacity is filling fast on land and at sea. As that process continues it’s likely to bear down further on prices.
It will take a recovery in demand to really turn the market round and that will depend on how the health crisis unfolds.
There will be further supply cuts as private sector producers respond to the low prices, but it’s hard to see that being on a sufficient scale to have a fundamental impact on the market.
For US drivers, the decline in oil prices – which have fallen by about two-thirds since the start of the year – has had an impact at the pumps.
“The silver lining is, if you for various reason actually need to be on the roads, you’re filling up for far less than you would have been even four months ago,” Mr Glickman said. “The problem for most of us is even if you could fill up, where are you gong to go?”
Meanwhile, concern continues to mount that storage facilities in the US will run out of capacity, with stockpiles at Cushing, the main delivery point in the US for oil, rising almost 50% since the start of March, according to ANZ Bank. “We hold some hope for a recovery later this year,” the bank said in its research note.
Mr Innes said: “It’s a dump at all cost as no one, and I mean no one, wants delivery of oil with Cushing storage facilities filling by the minute.”
Burned trees are seen after a forest fire outside the settlement of Poliske located in the 30 km (19 miles) exclusion zone around the Chernobyl nuclear power plant. Photo: Reuters
Pavel Polityuk
April 15 2020 01:30 AM
A huge fire that tore through forests around the defunct Chernobyl nuclear plant has been put out after hundreds of emergency workers used planes and helicopters to douse the flames.
Environmental activists had said the fire, near the site of the world’s worst nuclear disaster in 1986 and believed to have been started deliberately, posed a radiation risk.
Officials said they registered short-term rises in Caesium-137 particles in the Kiev area to the south of the plant, but radiation levels were within normal limits overall and did not require additional protection measures.
Helped by rain, emergency services prevented the fire from spreading to either the plant or military facilities in the area.
They will however need a few more days to fully extinguish it, President Volodymyr Zelensky’s office stated.
Police have accused a 27-year-old local of deliberately starting the blaze, and Mr Zelensky’s office said officers had also arrested suspected arsonists near two points where the fire broke out.
Are we living on a conscious planet known to some as Gaia or described as mother nature by others? What does she want and what is she prepared to do to get it?
Have we taken her for granted are we at risk of killing her (and ourselves) if we do not learn from our industrial holocaulistic ways of mass murder of biodiversity and nature on a daily basis what will be the consequences?
Well social isolation for all except those that work in the serve us sector the cleaners, the shelf stackers and carers are prity much keeping society on life support from now on and they are the so called low skilled and certainly low paid.
The industrialised and calculated damage to the planet and to the plants and animals that live on it and how humanity seems to think it can carry on regardless without consequence is truly being tested this decade. We have had record temperatures, flooding, fires and now Coronavirus. The flooding , fires and temperatures records didn’t really seem to get under the skin of the corporations, billionaires and governments running our show globally.
Even though we have seen a lot of mass marketing by governments organisations and billionaires concerning how much they care and what great lengths they are going to in order to help our species continue to industrially manipulation the planet, butcher wildlife to make more room for the crap we buy before it goes to landfill whilst worshiping at the altar of capitalism it just does not really feel as if anything has changed.
That is until Coronavirus came along, everything seems to have changed now and people in charge are mobilising as if war has just been declared. It really does feel like it has got under the authorities skin. My chances of living or dying in this world dont seem to have changed that much and someone living in a piss poor country trying to escape to a better life to a richer continent, their life chances don’t seem to have changed much. But for our leaders and people in charge they now realise more now then ever before that like us all are just mere mortals and only human.
When I was a child at school back in the early 1990’s my geography teacher started to tell us about climate change, the industrial deforesting and destruction of biodiversity in the Amazon rainforest and the amount of undiscovered by man, species we were losing by the bucket load. She darkly commented ‘well of course it won’t affect my generation but it will of course affect yours’ and then laughed and carried on with the lesson. Even back then and still to this day I very much knew she was right.
I don’t know whether to fear Coronavirus or to be in awe of its simple deadly efficiency. Well only time will tell.
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