For the past two years, more than a dozen major banks have been not only reneging on their climate commitments, they’ve been actively making the crisis worse. In 2024 and 2025, during the leadup to President Donald Trump’s second inauguration, all six of the nation’s largest banks abandoned the Net-Zero Banking Alliance, a voluntary climate coalition, precipitating the Alliance’s complete…
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The United Arab Emirates announced on Tuesday that it is leaving the Organization of the Petroleum Exporting Countries, known as OPEC, and OPEC+, in a major blow to the cartel amid an energy crisis caused by the U.S. and Israel’s war with Iran. The country’s departure will take effect on May 1, it announced in a statement issued through its state news media. It will allow the country to…
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We cannot separate fossil fuels from the ongoing U.S. and Israeli war on Iran. The volatility surrounding the Strait of Hormuz has shaken the global economy, restricting the passage of oil from the largest producers in the Gulf region. The economic costs of this illegal, unjust, and unpopular war are mounting alongside the heartbreaking human costs — including troops lost and thousands killed…
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The U.S. is sending additional warships filled with thousands more Marines to the Middle East this weekend as the U.S. and Israel continue escalating their war on Iran, despite President Donald Trump having repeatedly and dubiously claimed that the U.S. has already effectively won the war. U.S. officials told news outlets of the additional deployments, saying that roughly 2,000 to 2,500…
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Arab countries are fuming after the U.S. and Israel escalated their war on Iran with an attack on a key natural gas field this week, an attack that Arab states reportedly sought to prevent in order to head off further chaos in the global energy industry. The Wall Street Journal reports that Arab countries were “furious” about Israel’s attack on the South Pars natural gas field on Wednesday.
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A separation movement in the Canadian province of Alberta claims to be gaining steam, and its leaders say they now have a meeting booked with U.S. Treasury Department officials. They will be asking for a line of credit worth $500 billion in U.S. currency to help transition Alberta from a Canadian province into a U.S. state. Led by businessman Mitch Sylvestre, the Alberta Prosperity Project…
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