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Arabica Robusta

Kenya, Oil and Populism: Learning from Germany | Global Policy Journal - Practitioner, ... - 0 views

  • Unlikely as it may seem, Africa can learn from Germany: Germany is the best managed economy in Europe. Of course, it does not have natural resources, and so its economic management addresses entirely different issues. However, the political foundations for Germany’s success can be generalized beyond the particularities of economic policies. Germany is today the best-run economy in Europe because it used to be the worst. Three generations ago, Germany collapsed into hyperinflation. From that searing experience Germans too emerged with that inchoate sense of ‘never again’. The German genius was to harness those sentiments into practical measures.
  • The most important and remarkable step taken by Germany was the third. The sentiment of ‘never again’ was turned into a critical mass of ordinary citizens who understood the economic issues underlying hyperinflation sufficiently to support the new rules and institutions. Collectively, these citizens provided the political defences that made the rules and institutions robust to the pressures for dysfunctional policy choices: this has persisted for three generations.
  • Political leaders self-flatteringly see their role as that of taking decisions. In fact, in large part they should leave decisions to their technocrats who are better informed. But only leaders, not their technocrats, can communicate with citizens, presenting a narrative of responsibility towards the next generation in managing good fortune.
Arabica Robusta

Nigeria Bans Occupy Video About Its Oil Curse, Video Obviously Goes Viral | Motherboard - 0 views

  • But instead of protesting financial institutions that had left the economy in ruins, Nigerians turned out in droves to protest the removal of a fuel subsidy that kept gasoline affordable for the public—and also threatened to destroy Nigeria's economic stability
  • Replete with commentary from a Nobel laureate, it offers a pretty even-handed look at the economics of the subsidy, the protests, and the political situation in Nigeria. But when it was submitted to Nigeria's National Film and Video Censors Board for approval it was promptly banned. The film was obviously nixed because it casts the government in a critical light; but, of course, banning a controversial film without blocking it online is a surefire way to make it go viral.
Arabica Robusta

Angola: The Bloody 'Democracy' Of An Oil Republic - International Business Times - 0 views

  • The Angolan government, led by reformed socialist strongman President Jose Eduardo dos Santos since 1979, has recently touted its oil wealth, economic growth and social stability to attract foreign investment, but avoids the topic of political repression and glaring economic disparities. Rights organizations like Amnesty International and Human Rights Watch have criticized the government's use of violence to silence critics, exemplified by the recent attack on the 10 activists in Luanda. "This brutal beating highlights the ongoing threat of violence that anyone speaking up for free speech in Angola faces," Muluka-Anne Miti, Amnesty International's Angola researcher, said in a statement.
Arabica Robusta

BIC's new handbook for advocacy on extractive industry revenues | Bank Information Cent... - 0 views

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    The Handbook is intended as a tool for civil society organizations, journalists and other members of the public interested in learning more about transparency and fiscal management in the natural resource sectors. It distills and builds upon information contained in the IMF's document, with a focus on areas especially pertinent for civil society groups seeking to better understand how extractive industry (EI) sectors are managed. The Handbook aims to help civil society groups hold governments and private companies accountable for the exploitation of natural resources in their country.[2] In producing this Handbook, BIC is not endorsing the extractive industries or asserting that improved transparency, alone, would address the myriad social, environmental and economic impacts associated with natural resource exploitation. Rather, this document aims to provide citizens in resource-rich countries with one more tool to strengthen their efforts to hold industry actors and governments accountable.
Arabica Robusta

Oil: Fueling Another Debt Crisis? - 0 views

  • it is clear that soaring oil prices are undermining the benefits of debt cancellation in some countries, especially poor oil-importing nations.
  • In Escaping the Resource Curse, Columbia University professors Macartan Humphreys, Jeffrey Sachs and Joseph Stiglitz identify a vast array of contributing causes to the resource curse. Corruption is among the most severe, they conclude. “The short run availability of large financial assets increases the opportunity for the theft of such assets by political leaders. Those who control these assets can use that wealth to maintain themselves in power, either through legal means (e.g., spending in political campaigns) or coercive ones (e.g., funding militias).” Local corruption, they note, is often aided and abetted by international companies. “International mining and oil companies that seek to maximize profits find that they can lower the costs of obtaining resources more easily by obtaining the resources at below market value — by bribing government officials — than by figuring out how to extract the resources more efficiently.”
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      Corporate and government underpinnings of "resource curse."
  • High oil prices have a clear economic effect. But for highly indebted, impoverished countries, climate change, fueled significantly by CO2 emissions from cars and other gas-guzzling vehicles in the North, will have serious ecological, social and economic impacts as well.
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  • Says Saul, “A key way to transition away from dependence on oil is through debt cancellation. Countries need fiscal space in order to invest in the post-fossil fuel economy — but the debt trap keeps countries from meeting a wide variety of social needs.”
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    it is clear that soaring oil prices are undermining the benefits of debt cancellation in some countries, especially poor oil-importing nations.
Arabica Robusta

Monthly Review September 2006 Michael Watts ¦ Empire of Oil: Capitalist Dispo... - 0 views

  • Although Africa is not as well endowed in hydrocarbons (both oil and gas) as the Gulf states, the continent “is all set to balance power,” and as a consequence it is “the subject of fierce competition by energy companies.” IHS Energy—one of the oil industry’s major consulting companies—expects African oil production, especially along the Atlantic littoral, to attract “huge exploration investment” contributing over 30 percent of world liquid hydrocarbon production by 2010. Over the last five years when new oilfield discoveries were scarce, one in every four barrels of new petroleum discovered outside of Northern America was found in Africa. A new scramble is in the making. The battleground consists of the rich African oilfields
  • Africa is, according to the intelligence community, the “new frontier” in the fight against revolutionary Islam. Energy security, it turns out, is a terrifying hybrid of the old and the new: primitive accumulation and American militarism coupled to the war on terror.
  • To see the African crisis, however, as a moral or ethical failure on the part of the “international community” (not least in its failure to meet the pledges promised by the Millennium Development Goals of reducing poverty by half by 2015) is only a partial truth. The real crisis of Africa is that after twenty-five years of brutal neoliberal reform, and savage World Bank structural adjustment and IMF stabilization, African development has failed catastrophically.
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  • The pillaging and privatization of the state—whatever its African “pathologies”—and the African commons is the most extraordinary spectacle of accumulation by dispossession, all made in the name of foreign assistance. The involution of the African city, notes Davis, has as its corollary not an insurgent lumpenproletariat but rather a vast political universe of Islamism and Pentecostalism. It is this occult world of invisible powers—whether populist Islam in Kano or witchcraft in Soweto—that represents the most compelling ideological legacy of neoliberal utopianism in Africa.
  • The African accumulation crisis, and the dynamics of capital and trade flows, are in practice complex and uneven. In addition to oil (and the very few cases of manufacturing growth in places like Mauritius which are little more than national export-processing platforms), the other source of economic dynamism is the (uneven) emergence of global value chains. This can be seen especially in relation to high-value agricultures (fresh fruits and vegetables) in South Africa, flowers in Kenya, green beans in Senegal. Such forms of contract production, typically buyer-driven commodity chains in which retailers exert enormous power, have created islands of agrarian capitalism that contribute to and deepen patterns of existing inequality across Africa and further the interests of business elites, which are often not African. The deepening of commodification in the countryside in tandem with demographic pressures (caused as much by civil war and displacement as high fertility regimes) has made land struggles a vivid part of the new landscape of African development.
  • It is no surprise that against this backdrop the development establishment flails around wildly. On the one side stands former World Bank economist William Easterly for whom all aid (“planning”) has been a total (and unaccountable) failure.
  • On the other stands the one-man industry otherwise known as Jeffrey Sachs who seeks to expand foreign aid—$30 billion a year for Africa—and to initiate a Global Compact by which “the rich will help save the poor,” who are as much hampered by poor physical geography as governance failure.
  • In reality what is on offer is an even bleaker world of military neoliberalism. At one pole are enclaves of often militarily fortified accumulation (of which the oil complex is the paradigmatic case) and the violent, sometimes chaotic, markets so graphically depicted in the documentary film Darwin’s Nightmare. At the other pole are the black holes of recession, withdrawal, and uneven commodification. These complex trajectories of accumulation are dominated at this moment by the centrality of extraction and a return to primary commodity production.
  • All African governments have organized their oil sectors through state oil companies that have some forms of collaborative venture with the major transnational oil companies (customarily operated through oil leases and joint memoranda of understanding).
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      Production share arrangements and joint ventures.
  • In general the international oil companies operating in Africa have production share arrangements with state oil companies (Nigeria is the exception which operates largely through joint ventures).
  • The nightmarish legacy of oil politics must be traced back to the heady boom days of the 1970s. The boom detonated a huge influx of petro-dollars and launched an ambitious (and largely autocratic) state-led modernization program. Central to the operations of the new oil economy was the emergence of an “oil complex” that overlaps with, but is not identical to, the “petro-state.” The latter is comprised of several key institutional elements: (1) a statutory monopoly over mineral exploitation, (2) a nationalized (state) oil company that operates through joint ventures with oil majors who are granted territorial concessions (blocs), (3) the security apparatuses of the state (often working in a complementary fashion with the private security forces of the companies) who ensure that costly investments are secured, (4) the oil producing communities themselves within whose customary jurisdiction the wells are located, and (5) a political mechanism by which oil revenues are distributed.
  • The oil revenue distribution question—whether in a federal system like Nigeria or in an autocratic monarchy like Saudi Arabia—is an indispensable part of understanding the combustible politics of imperial oil.
  • there has been a process of radical fiscal centralism in which the oil-producing states (composed of ethnic minorities) have lost and the non-oil producing ethnic majorities have gained—by fair means or foul.
  • the oil complex. First, the geo-strategic interest in oil means that military and other forces are part of the local oil complex. Second, local and global civil society enters into the oil complex either through transnational advocacy groups concerned with human rights and the transparency of the entire oil sector, or through local social movements and NGOs fighting over the consequences of the oil industry and the accountability of the petro-state. Third, the transnational oil business—the majors, the independents, and the vast service industry—are actively involved in the process of local development through community development, corporate social responsibility and stakeholder inclusion. Fourth, the inevitable struggle over oil wealth—who controls and owns it, who has rights over it, and how the wealth is to be deployed and used—inserts a panoply of local political forces (ethnic militias, paramilitaries, separatist movements, and so on) into the operations of the oil complex (the conditions in Colombia are an exemplary case). In some circumstances oil operations are the object of civil wars. Fifth, multilateral development agencies (the IMF and the IBRD) and financial corporations like the export credit agencies appear as key “brokers” in the construction and expansion of the energy sectors in oil-producing states (and latterly the multilaterals are pressured to become the enforcers of transparency among governments and oil companies). And not least, there is the relationship between oil and the shady world of drugs, illicit wealth (oil theft for example), mercenaries, and the black economy.
  • oil complex is a sort of corporate enclave economy but also a center of political and economic calculation that can only be understood through the operation of a set of local, national, and transnational forces that can be dubbed as “imperial oil.” The struggle for resource control that has taken center stage o
    • Arabica Robusta
       
      oil complex as a corporate enclave economy.
  • The current crisis points to the fact that the oil-producing region in Nigeria now stands at the center of Nigerian politics—for four reasons. First, the efforts led by a number of Niger Delta states for “resource control” expanded access to and control over oil and oil revenues. Second, there was the struggle for self-determination of minority peoples in the region and the clamor for a sovereign national conference to rewrite the constitutional basis of the federation itself. Third, there is a crisis of rule in the region as a number of state and local governments are rendered helpless by militant youth movements, growing insecurity, and ugly intra-community, inter-ethnic, and state violence which—as the recent events point out—can threaten the flow of oil and the much vaunted energy security of the United States. And not least, there is the emergence of a so-called South-South Alliance making for a powerful coalition of small and hitherto politically marginalized oil producing states (Akwa Ibom, Bayelsa, Cross River, Delta, Ondo, and Rivers) capable of challenging the ruling ethnic majorities (the Hausa, the Yoruba, and the Ibo) in the run-up to the 2007 elections.
  • Not surprisingly the deadly operations of corporate oil, autocratic petro-states, and the violent potentialities of the oil complex have forced the question of transparency and accountability of oil operations onto the international agenda. Tony Blair’s Extractive Industries Transparency Initiative, the IMF’s oil diagnostics program, and the Soros Foundation’s Revenue Watch are all (voluntary) efforts to provide a veneer of respectability to a rank and turbulent industry. But the real action lies elsewhere. The danger is that the ongoing U.S. militarization of the region could amplify the presence of mercenaries and paramilitaries, creating conditions not unlike those in Colombia.
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    In reality what is on offer is an even bleaker world of military neoliberalism. At one pole are enclaves of often militarily fortified accumulation (of which the oil complex is the paradigmatic case) and the violent, sometimes chaotic, markets so graphica
Arabica Robusta

allAfrica.com: Africa: A New Frontier - the Rush for Oil and Gas in East Africa - 0 views

  • Just a few miles from Rukwanzi six Congolese were killed in September 2007, shot at by the Ugandan army while they travelled in a passenger ferry from the island to the DRC shore. It was revealed last week that Heritage Oil and Gas, the British wildcat explorer founded by former mercenary Tony Buckingham, played a key role in triggering that military operation after its staff had crossed illegally into Congolese waters.
  • The reckless actions of a British oil company could conceivably have led to war. That it did not reflects Congolese weakness and Ugandan calculation. There were fears in Kinshasa at the time that Jean-Pierre Bemba was likely to return from Belgium with Ugandan support. Laurent Nkunda's CNDP was engaged in its strongest offensive to date in North Kivu and the old Ugandan interventionist tendency was increasingly on show.
  • Now the oil majors are entering the market, they are using a different argument - that the wider regional choice means they must be incentivised to invest in one country over another. When China National Offshore Oil Corporation (Cnooc) struck a deal with Tullow to develop Uganda's fields, it warned Museveni that there wasn't time to wait for Parliamentary debates over the issue - pausing now could mean Uganda losing its winning lottery ticket to Kenya or Ethiopia.
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  • A lot has changed since the tragic events of 2007. The oil and gas rush is now a regional phenomenon. Amidst all the excitement of deal-making and discovery, it may prove to have political and economic effects that few are predicting today.
Arabica Robusta

Pan-African News Wire: Western Oil Exploration Could Further Destabilize Somalia - 0 views

  • In the U.N. Monitoring Group’s latest annual report to the Security Council’s sanctions committee on Somalia and Eritrea, the experts said the Somali constitution gives considerable autonomy to regional governments to enter commercial oil deals.But a petroleum law that has not yet been adopted by the country’s parliament but is being invoked by federal officials in the capital Mogadishu says that the central government can distribute natural resources.“These inconsistencies, unless resolved, may lead to increased political conflict between federal and regional governments that risk exacerbating clan divisions and therefore threaten peace and security,” the experts group said in an annex to its annual report, which was seen by Reuters.
  • “It is alarming that regional security forces and armed groups may clash to protect and further Western-based oil companies interests,” it said.
  • The U.N. experts also expressed concern about a clash between a longstanding bid by Norway to urge Somalia to implement an exclusive economic zone (EEZ) off its coast with commercial interests by a Norwegian oil company.
Arabica Robusta

Pambazuka - The Chevron precedent - 0 views

  • The Bowoto case is the legal reaction to Chevron’s role in a 1998 protest by Nigerian community activists in the Niger Delta. The unarmed demonstrators boarded an oil platform and adjacent barge, property of subsidiary Chevron Nigeria Ltd, in protest over the environmental and economic damage caused by oil production in the region. The activists were attacked on 28 May by Nigerian authorities ferried to the floating protest by the oil corporation. Two men were killed and several more protestors injured. Three others claim detention and torture.
  • After nearly 10 years of pre-trial motions wherein many claims were dropped by a pre-trial judge, the case finally debuted in trial in October 2008 and a decision was handed down on 1 December the same year. The nine-bench jury decided in favour of Chevron, clearing the corporation of any liability under the various claims. It was a defendant’s victory, but civil society groups and legal experts still label the case a milestone in advancing corporate accountability.
  • The Bowoto case is the first time the multinational magnate Chevron USA Inc. has been successfully taken to a US court for the actions of an overseas subsidiary. ‘Chevron has a very intricate structure, used in part to try and shield itself from liability,’ Simons said. The case has effectively scrapped this corporate strategy.
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      To what extent will Chevron's corporate response strategy be scrapped by this decision?  It is a sad lesson in the state of corporate recklessness that a blanket victory for Chevron in court is nevertheless considered a "milestone in advancing corporate accountability."
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  • The case also broadens the recourse for victims of human rights abuse by American corporations, who can seek redress in US courts under the aiding-and-abetting theory used in Bowoto v. Chevron Corp. that a corporation can be held liable as a third party.
  • The ATS is a US law that lets foreign citizens bring claims to US courts for damages done outside of the country. Claims are rarely upheld however, because judges have narrowly interpreted how the ATS is applied. This happened in a 1993 class action suit against Chevron and subsidiary Texaco, representing some 30,000 residents in the Amazon according to Amnesty International. The case was dropped by the US courts and palmed off to Ecuador where it is still ongoing. Other corporations domestically unscathed after US courts dismissed ATS claims include Talisman Energy Inc., the Southern Peru Copper Corporation and Coca-Cola.
  • At trial the District Court judge found a corporation is not an individual and can therefore not be sued under the TVPA. ‘This is significant. Most of the important legal precedents in this case have already been set … this is the only rule of law question [in the appeal].’ The TVPA is a civil law that lets citizens file a suit against another party that, acting for a foreign nation, commits torture or extrajudicial killing. In Bowoto v. Chevron Corp. the TVPA claim was thrown out. The word ‘individual’, according to the trial judge, does not describe the multinational Chevron.
Arabica Robusta

Pambazuka - Review of Duncan Clarke's Crude Continent: the Struggle for Africa's Oil Prize - 0 views

  • The thrust of Crude Continent is precisely (and often, not so precisely) this: oil, far from being a curse, could actually save Africa. It is oil that will modernise Africa and oil that will lead it out of what Clarke dubs – without ever defining – ‘African medievalism’. Clarke argues that those countries without oil are the ones that are truly cursed, for they will be left ‘largely backward’.
  • This intriguing notion is preached throughout Crude Continent, with Clarke seeking to expose as fools those who argue that Africa's oil-rich countries are being poisoned to the core by the so-called ‘resource curse’. Our candid author is particularly incensed by two experts' ‘scribblings on oil’, both released last year: Oil and Politics in the Gulf of Guinea by Ricardo Soares de Oliveira, an Oxford lecturer; and Poisoned Wells: The Dirty Politics of African Oil by Nicholas Shaxson, an associate fellow at Chatham House, London.
  • Clarke asks us to consider what he calls the long-term ‘multiplier effects’, the direct and indirect benefits of the oil and gas industry, including employment creation, foreign exchange inputs and capital inflow, technology transfers, fiscal funding and ‘indirect supply chain effects’. These are much more significant than the ‘palliative band-aid…of corporate social investment’ that Clarke clearly detests. He berates the fact that no one has ever ‘properly identified and measured’ the social and economic benefits of oil and gas projects in Africa.
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  • Regularly tumbling into appalling metaphor and analogy, Clarke nevertheless concludes: ‘North and south Sudan may be bound by the umbilical cords of a chequered politics and oil history, but as with Siamese twins these links can also be severed.’
  • Parts three and four provide the reader with 140 pages of comprehensive information on corporate oil operations in Africa and the global scramble for the big prize. Leaving aside his irritating penchant for metamorphosis – lions becoming countries, rhinos turning into multinationals – Clarke offers readers the chance to delve into his vast wealth of knowledge. Together with a comprehensive index, these two sections make it easy to find out which company is drilling what wells, where and with whom. Our expert guide also leads us around the world explaining how different nations are capturing Africa's oil and gas potential. All fascinating stuff.
  • The perpetuation of the petroleum age might make the current crop of oil executives and certain political leaders happy, but it is dangerously optimistic to suggest that the future well-being of African people depends primarily on drilling oil.
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    The thrust of Crude Continent is precisely (and often, not so precisely) this: oil, far from being a curse, could actually save Africa. It is oil that will modernise Africa and oil that will lead it out of what Clarke dubs - without ever defining - 'African medievalism'. Clarke argues that those countries without oil are the ones that are truly cursed, for they will be left 'largely backward'.
Arabica Robusta

WorldStage News | Shell, Exxon, Chevron, others endorse new law to boost Nigerian content - 0 views

  • Minister of Petroleum Resources Diezani Alinson-Madueke who also addressed the forum, said that by enacting the law and establishing a formidable Nigerian Content Development and Monitoring Board (NCDMB), which would help to implement the provision of NOGICD Act, the Federal Government had taken the lead with the provision of the enabling environment and would continue making the improvements required.She said that with the new drive, there would be “transformation of ownership profile of marine assets supporting industry activities from a current ratio of 20 Nigerian-owned vessels: 280 Foreign-owned vessels to a more equitable ratio of 180 Nigerian:120 (Foreign).”She noted that the Nigerian content would not only integrate indigenes and businesses residing in the oil producing areas into the mainstream of industry economic activity, but it would also capture of over 70 per cent of banking services, insurance risk placements, and Legal services supporting industry activities and transactions.
Arabica Robusta

allAfrica.com: Ghana: Government Prepares to Battle the 'Oil Curse' (Page 1 of 2) - 0 views

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    "At this point we acknowledge that we lack the know-how to manage this enormous resource but we are blessed with the experience of others," said Francis Ackah, engineering manager of the Ghana National Petroleum Company (GNPC), the agency which oversees the country's petroleum resources.
Arabica Robusta

West Africa Rising: Will a sovereign wealth fund really help reverse Nigeria's 'oil cur... - 0 views

  • On Dec. 1 last year, Nigeria’s cabinet approved the creation of a sovereign wealth fund that would invest any excess revenues generated from the sale of the country’s oil, which it exports at a rate of roughly two million barrels per day.
  • This isn’t the first time that the country has made such an effort. In 2003, under pressure from the International Monetary Fund, Nigeria set up the Excess Crude Oil Account, or ECA, to serve a similar purpose.
  • If Nigeria’s new fund succeeds in delivering tangible infrastructure improvements and other development outcomes from its oil profits, the country could become a role model for other poverty-stricken but resource-rich countries in West Africa.Ghana just began pumping oil in December, and significant reserves have recently been found off the coasts of Liberia and Sierra Leone. No doubt those countries will look to their larger neighbor to the east, the region’s economic heavyweight, in deciding how to manage their own oil revenues.
Arabica Robusta

allAfrica.com: Ghana: Making Judicious Use of the Oil Revenue - 0 views

  • More oil finds would help ease the burden on the cedi, which is slipping badly against the major currencies. The cedi was quoted at almost one to one with the dollar, when the nation went to the polls in December 2008. It dropped sharply against the major currencies when the then incoming Trade Minister, Ms. Hannah Tetteh, dropped her infamous 'Ghana is broke' bombshell. The cedi then rallied, according to an official pronouncement, "as a result of prudent" economic measures put in place by the government. It is beginning to look like the measures are no more holding. At the last count, the cedi was being exchanged for the dollar at GH ¢1.53, an indication that the national currency has depreciated by about 30 percent in recent times.
Arabica Robusta

Pambazuka - Leaving oil in the soil - 0 views

  • Although the area contains the world's largest tiger reserve, according to reporter Thomas Maung Shwe of Mizzima news service, ‘the Burmese regime has encouraged logging, gold mining, large scale farms and the building of factories inside’. As the scandal grew, Silver Wave denied what its own press release had announced, but conceded it would drill near the reserve.
  • A company this dastardly is a high risk, and to prove the point, Silver Wave's environmental impact document includes a description of the notorious Agulhas Current, which begins at the Mozambique border: ‘Compared to other western boundary currents the Agulhas Current adjacent to southern Africa's East Coast exhibits a remarkable stability.’ Huh? In reality, the Natal Pulse races down the Agulhas a half-dozen times each year, pushing 20km per day. It is one reason Durban's coastline hosts more than 50 major ship carcasses. Creating havoc further south on the Wild Coast, the Pulse contributes to the rouge waves that have sunk 1,000 more vessels in what is considered one of the world's most dangerous shipping corridors.
  • Daily, poisons are flared onto thousands of neighbouring residents. The Indian, coloured and African communities suffer the world's highest-ever recorded asthma rate in a school (52 per cent of kids), as Settlers Primary sits next to the country's largest paper mill (Mondi) and between two refineries: one run by Engen, Chevron and Total; and the other, called Sapref, by BP, Shell and Thebe Investments. Sapref's worst leak so far was 1.5 million litres into the Bluff Nature Reserve and adjoining residences in 2001.
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  • Venezuelan dirty crude is akin to Canadian tar sands, and hopefully sense will prevail in Caracas.
  • In Quito and Neuva Rocafuerte deep in the Amazon last week, I witnessed the most advanced eco-social battle for a nation's hearts-and-minds underway anywhere, with the extraordinary NGO Accion Ecologica insisting that Correa's grudging government leaves the oil in Yasuni National Park's soil. Because he was trained in neoclassical economics and hasn't quite recovered, Correa favours selling Yasuni forests on the carbon markets, which progressive ecologists reject in principle.
anonymous

Peak Oil News Stories and Headlines - 0 views

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    Current Peak Oil News Stories, headlines about Peak Oil and the World Oil and Financial Crisis.
Arabica Robusta

Tomgram: Michael Schwartz, The New Oil Wars in Iraq | TomDispatch - 0 views

  • It was a moment of remarkable contradictions.  Obama managed, for example, to warn against “mission creep” even as he was laying out what could only be described as mission creep.  Earlier that week, he had notified Congress that 275 troops would be sent to Iraq, largely to defend the vast U.S. embassy in Baghdad, once an almost three-quarters-of-a-billion-dollar symbol of imperial hubris, now a white elephant of the first order.  A hundred more military personnel were to be moved into the region for backup.
  • In tandem with the military moves, the president and his national security team, perhaps reflecting through a glass darkly the “democracy agenda” of the Bush era, also seemed to have dipped their fingers in purple ink.  They were reportedly pressuring Iraqi politicians to dump Prime Minister Maliki and appoint a “unity” government to fight the war they want.  (Adding to the farcical nature of the moment, one name raised for Maliki’s position was Ahmed Chalabi, once the darling of Bush-era officials and their choice for that same post.)
  • There is, however, no way that an American intervention won’t be viewed as a move to back the Shia side in an incipient set of civil wars, as even retired general and former CIA director David Petraeus warned last week.
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  • Fortunately, sociologist Michael Schwartz, an old-time TomDispatch regular, is back after a long absence to remind us of The One Fact in Iraq, the one we should never forget. Tom
  • Under the seething ocean of Sunni discontent lies a factor that is being ignored. The insurgents are not only in a struggle against what they see as oppression by a largely Shiite government in Baghdad and its security forces, but also over who will control and benefit from what Maliki -- speaking for most of his constituents -- told the Wall Street Journal is Iraq’s “national patrimony.”
  • When, in 2009, the Obama administration first began withdrawing U.S. combat troops, Iraqis everywhere -- but especially in Sunni areas -- faced up to 60% unemployment, sporadic electrical service, poisoned water systems, episodic education, a dysfunctional medical system, and a lack of viable public or private transportation. Few Westerners remember that, in 2010, Maliki based his election campaign on a promise to remedy these problems by -- that figure again -- increasing oil production to six million barrels per day.
  • none of this oil wealth trickled down to the grassroots, especially in Sunni areas of the country where signs of reconstruction, economic development, restored services, or jobs were hard to discern. Instead, the vast new revenues disappeared into the recesses of a government ranked by Transparency International as the seventh most corrupt on the planet.
  • In a rare moment of ironic insight, Time magazine concluded its coverage of the F-16 purchase with this comment: “The good news is the deal will likely keep Lockheed’s F-16 plant in Fort Worth running perhaps a year longer. The bad news is that only 70% of Iraqis have access to clean water, and only 25% have clean sanitation.”
  • With conditions worsening, Sunni communities only became more insistent, supplementing their petitions and demonstrations with sit-ins at government offices, road blockades, and Tahrir Square-type occupations of public spaces. Maliki’s responses also escalated to arresting the political messengers, dispersing demonstrations, and, in a key moment in 2013, “killing dozens” of protestors when his “security forces opened fire on a Sunni protest camp.” This repression and the continued frustration of local demands helped regenerate the insurgencies that had been the backbone of the Sunni resistance during the American occupation. Once lethal violence began to be applied by government forces, guerrilla attacks became common in the areas north and west of Baghdad that the U.S. occupiers had labeled “the Sunni triangle.”
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