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Declaring, "I believe in America, I believe in us," an active duty Air Force major was arrested Wednesday for a non-violent act of civil disobedience after he publicly called for Trump to be impeached, removed and convicted for his scores of impeachable offenses. Citing the "foundational oath" he took to defend the country "against all enemies foreign and domestic" - most vitally a lawless president - Major Jason Watson insisted, finally, "The bill must come due."
Watson's action came after a press conference with advocacy groups including About Face Veterans, Defenders of Our Republic, Removal Coalition, its newly launched Remove the Regime, and Free Speech For People, which has gathered over a million signatures urging Congress to initiate impeachment proceedings against Trump for his hundreds of crimes. Also present was Rep. Al Green, the only member of Congress to have filed impeachment articles. Declaring this "an existential moment for our nation," Free Speech president John Bonifaz praised Major Watson for "the kind of courage our democracy demands (in) stark contrast to those who continue to look away as President Trump commits unprecedented abuses of power."
Watson introduced himself by citing his 17-year career in the military before swiftly adding, "Who I am is immaterial. In the grand scheme of things I'm a nobody. What's more important is what I have to say, and the price I'm willing to pay to say it." Thanking allies "working to restore responsible governance to our country," he repeated the "foundational" oath he first swore over 20 years ago, and has since repeated "many times since," to "support and defend the Constitution of the United States," which "binds us all together as Americans." We have all "played a part in getting us into this mess," he added, but undeniably "the burden of culpability" falls most heavily on the executive branch, "and the bill must come due."
Matter-of-factly, he offered a hefty list of high crimes and misdemeanors: The "unconstitutional usurpation of Congress’ authority" with military action against foreign countries, absent the requisite emergency scenario, in Venezuela, Cuba, Iran; the granting of power to an unelected person to shut down large swaths of the government; the detaining and sending of residents without due process to a foreign country; the abuse and murder of those exercising their First Amendment rights, etc etc. After each, he added, "For this, the president and vice-president must be impeached convicted, and removed." He was there not as a Democrat - "I am not a Democrat" - but to call on Americans to peacefully "join me in the defense of our republic."
Video of his speech then briefly cuts out; when it returns, he is walking slowly, deliberately, toward the Capitol steps, an area that is open to the public but where protest is prohibited. Several Capitol Police stand to the side, nervously watching. In somber, lonesome silence, he climbs the stairs; mid-way, he stops and holds up a sign that reads, "Impeach. Convict. Remove." The watching crowd cheers. After a brief huddle, a couple of officers arrest him. As he is led away, his hands cuffed behind him, his dignity intact, the crowd breaks into chants of "Shame!" and, "Who do you serve? Who do you protect?" Excellent questions. We, and many weary, grieving, enraged Americans, salute him and his good trouble.
Germany, Switzerland, France, Spain, Belgium, and other European countries were under red-alert warnings on Tuesday as an alarmingly early heatwave continued to scorch the continent, underscoring the threat posed by the fossil fuel-driven climate crisis.
Météo-France, the country's official meteorological administration, said Tuesday that "further record-breaking temperatures are expected, including some that could surpass all previous records, regardless of the time of year," as "sunshine continues to dominate across France, maintaining oppressive and exhausting heat throughout the country." In recent days, France has recorded dozens of deaths linked to the extreme temperatures, including two were children who died in a hot car and 40 people who drowned seeking relief from the heat.
“Heat is hurting children across Europe," Matilde Angeltveit, senior adviser and global climate advocacy lead at Save the Children, said Tuesday. "It affects their health and it is disrupting their education and the impact can sometimes be long term. This should be a joyous time as many children across Europe wrap up the school year, but for many it is not."
Europe's Copernicus Climate Change Service said that while the ongoing heatwave is "remarkable for occurring so early in the year, this event is consistent with Europe’s rapid warming and with the increasing frequency and intensity of heatwaves already observed in summer."
"Europe is the fastest-warming continent, with temperatures rising by approximately 0.56°C per decade since the mid-1990s, more than double the global average," Copernicus noted.
Reuters observed Tuesday that Europe "was the continent furthest above its historic temperature norm on Monday."
"Heatwaves are no longer freak weather anomalies. They are now a recurring crisis inflicting suffering, claiming lives and fracturing our health systems and infrastructure," said Hans Kluge, European regional director for the World Health Organization, which estimates that extreme heat has killed more than 200,000 people across Europe over the past four years.
Campaigners said the current heatwave marks the latest evidence of governments' failure to rein in the fossil fuel industry, which has raked in massive profits this year thanks to the US-Israeli war on Iran.
"This isn’t a natural disaster," said Aaron Regunberg, director of the Climate Accountability Project at the US-based advocacy group Public Citizen, which declared in response to the European heatwave that oil giants "have blood on their hands."
"The fossil fuel industry’s pollution and decades of deception about the impact of burning fossil fuels has spurred this extreme heat, which has already killed multiple people," said Regunberg. "Decades ago, scientists at Exxon were discussing with other oil companies research connecting climate change with ‘suffering and death due to thermal extremes.’ These companies knew of evidence that their conduct would cause these harms, and orchestrated campaigns of climate denial to undermine that evidence. They should be held accountable.”
Areeba Hamid, the co-executive director of Greenpeace UK, said political leaders "need to stop winging it on extreme weather and start treating it as the security and public health challenge it is."
"When classrooms become ovens, care homes overheat, transport starts to buckle and workers are forced to toil in dangerous temperatures, it’s clear the country isn’t ready," said Hamid. "Adaptation alone won’t be enough. Ministers must also stop fossil fuel giants from turning up the heat on our planet—and make them pay for the damage they are causing."
An analysis updated Monday by the Center on Budget and Policy Priorities estimates that millions of people, including more than 800,000 children, have lost Supplemental Nutrition Assistance Program benefits since Republicans’ 2025 One Big Beautiful Bill Act took effect.
In total, CBPP estimates that "SNAP participation nationwide fell by more than 4 million people (10%) between the law’s July 2025 enactment and March 2026," with declines "especially pronounced" in Arizona, which has seen enrollment fall by more than 50%.
CBPP finds that, in 13 states with available data, 808,000 children have stopped receiving SNAP assistance since July, which it notes "accounts for nearly half of the 1.7-million-person decline among people of all ages in those states."
The number of people losing access to SNAP is projected to grow in the coming months given that the budget law's biggest changes to the program won't take effect until next year, writes CBPP.
"Starting in 2027, most states will have to pay between 5 and 15% of SNAP benefit costs, totaling hundreds of millions of dollars a year in many states," explains CBPP. "And the amount a state will have to pay will be based on current error rates, factoring in errors that states are making today."
These drastic funding changes "may incentivize states to take drastic measures to reduce their payment error rates quickly and cut program costs, even if it means delaying or improperly denying benefits to eligible people," the center adds.
Katie Bergh, senior policy analyst at CBPP, commented that the latest data shows that the changes made in the GOP budget law appear "to be driving far greater harm than many anticipated," as "states have raced to minimize their exposure to these massive new costs."
"Many people who remain eligible for SNAP on paper—including kids—are losing the benefits they need," Bergh emphasized. "Millions losing SNAP, including children, is an emergency that Congress needs to fix now, before more people are hurt."
Tahra Hoops, director of economic analysis at Chamber of Progress, described the GOP's SNAP cuts as "disastrous," with "kids losing much needed food assistance thanks to policies that are cruel and ineffective."
Hoops also provided historical context to the rapid drop in SNAP enrollment.
"The last time SNAP participation fell this sharply, this fast was after the 1996 welfare reform law," Hoops explained. "That cut took 2.2 million people off food assistance over 8 months. We are already seeing almost twice the damage and the unemployment rate has remained flat."
Policy analyst Michael Linden described the impact of the GOP's budget law on the SNAP program as "the Memorial Reflecting Pool of keeping kids from going hungry," a reference to President Donald Trump's calamitous attempted renovation of the iconic pool located near the Lincoln Memorial in Washington, DC.
Annual financial disclosures released Tuesday reveal that US President Donald Trump pocketed at least $2.2 billion—more than half of it from his family's crypto grift—during his first year back in the White House, a windfall that experts say is without precedent in American history.
The disclosure report shows that Trump pulled in $635 million in royalties from Celebration Coins, an entity linked to the president's meme coin. The president also disclosed around $527 million in proceeds from token sales by World Liberty Financial, the Trump family crypto venture spearheaded by Eric Trump and Donald Trump Jr.
“It is completely unprecedented,” Megan Gorman, a tax attorney who has studied the history of presidential wealth, told The New York Times of the president's windfall.
Robert Weissman, co-president of the consumer advocacy group Public Citizen, said in a statement that "Trump’s obscene income is driven by various cryptocurrency schemes, leveraging his political position to exploit a scam-driven industry that he once said was nothing more than a racket."
"In doing so, he’s ripping off investors—to the tune of billions—who want to get in on the game with him, or think that buying his crypto products is an innocent means to show their support," said Weissman. "Most troubling, Trump’s personal profit interest has now aligned him with the crypto industry, paving the way for dangerous legislation that will facilitate mass rip-offs and even threaten financial system stability."
Trump's massive profits from an industry he's tasked with regulating represent what the watchdog group Campaign Legal Center (CLC) described as an "unprecedented" conflict of interest, notwithstanding the White House's laughable claim that "neither the president nor his family has ever engaged—or will ever engage—in conflicts of interest."
"We have never seen a president have direct conflicts of interest with his financial holdings and the policies he supports, and it’s another example why we need widespread ethics reform now," Kedric Payne, CLC's senior director of ethics, told The Wall Street Journal.
The Journal noted that, in addition to crypto profits, "Trump reported $4.7 million in income last year from Trump-branded watches, as well as $1.9 million in royalties from his 'Save America' book."
"Multimillion-dollar licensing deals linked to real-estate developers stretched from Romania to India to across the Middle East. A $6,484-a-month pension from the Screen Actors Guild continued paying out," the newspaper observed.
The disclosures also include tens of million dollars in legal settlements stemming from Trump's lawsuits against major companies, including ABC, CBS, and Meta.
Sen. Elizabeth Warren (D-Mass.), the top Democrat on the Senate Banking Committee, said Tuesday that lawmakers must add language to the upper chamber's crypto legislation that prevents "the president, vice president, senior administration officials, members of Congress, and their families from profiting off the crypto industry."
"If it does not," the senator warned, "it will only turbocharge Donald Trump’s brazen crypto corruption."
Israel's far-right finance minister, Bezalel Smotrich, called on Prime Minister Benjamin Netanyahu to "complete the conquest" of Gaza on Monday and send Israeli settlers to colonize the territory.
"We are prepared to establish three settlements in the northern perimeter immediately, the moment we receive the green light from the prime minister and the minister of defense," Smotrich said in a video filmed from the city of Sderot, which sits less than a mile from the wall separating the Gaza Strip from Israel.
Smotrich claimed that the Israel Defense Forces (IDF) currently "[hold] nearly 70% of the Gaza Strip."
“We must complete the conquest of the remaining 30%,” he said, adding that they need to “defeat Hamas and above all we need to establish a belt of Jewish settlements within the territory of the Strip as a protective border for Sderot and all the communities of the Gaza envelope.”
Smotrich, who has overseen the rapid, violent acceleration of Israeli settlements in the occupied West Bank—considered illegal under international law—has been quite blatant about his desire to expand settlements into Gaza as well, reversing Israel’s withdrawal of settlers from the territory in 2005.
At a settlements conference last year, he said that “Gaza will be totally destroyed" and that its residents would be "concentrated" in a narrow southern strip while the rest of the territory "will be empty." He celebrated that Gazans would become “totally despairing” and seek “relocation” elsewhere, allowing Jewish Israelis to move in.
As the movement of settlers into the West Bank has ramped up, along with the destruction of Palestinian homes, Smotrich has said that the use of settlements to carve up the West Bank was "killing the idea of the Palestinian state."
Netanyahu has never said explicitly that he wants to resettle Gaza, but he did say last month, during a speech at an illegal West Bank settlement, that he'd ordered the military to seize 70% of Gaza in violation of the boundaries drawn up under last year's ceasefire agreement, which put Israel in temporary control of about 53% of the territory.
The peace plan laid out by US President Donald Trump, backed by a United Nations Security Council resolution, which underpins the ceasefire signed in October, states explicitly that "Israel will not occupy or annex Gaza."
The Resistance Committees in Palestine, a collection of armed groups in Gaza working closely with Hamas, described Smotrich's call to build settlements in the strip a "dangerous criminal escalation" and a "fully-fledged war crime" in a statement on Tuesday.
They described it as "a scheme to settle the conflict and impose a fait accompli in the context of the genocidal war" and a "dangerous development aimed at sabotaging the efforts of mediators and guarantors to solidify the ceasefire agreement and liquidate the Palestinian cause and presence in Gaza."
Assal Rad, a fellow at the Arab Center in Washington DC, emphasized that Smotrich was hardly a fringe figure.
"This isn’t a random person," she said. "He’s a high-ranking Israeli official declaring the intent to illegally seize Gaza."
Two Senate Republicans who supported a previous resolution calling for an end to the US war on Iran changed their votes late Wednesday after President Donald Trump publicly and privately berated GOP lawmakers, calling them "losers" who provided "aid and comfort to the enemy."
In Wednesday's procedural vote, Sen. Bill Cassidy (R-La.)—who reportedly got into a shouting match with Trump over the Iran war during a closed-door lunch hours earlier—sided with virtually every other Republican in opposing the war powers resolution, just a day after he supported a separate, symbolic resolution calling for the removal of US forces from the conflict. Sen. Rand Paul (R-Ky.) also switched, changing his vote to "present" at the urging of the president.
Senate Republicans forced late Wednesday's vote in a clear effort to placate Trump, who fumed at "Republican losers" who backed the symbolic war powers resolution that passed the upper chamber earlier this week. Sen. Tim Kaine (D-Va.), the lead sponsor of the resolution that Republicans blocked on Wednesday, said the vote was held to "appease [Trump's] temper tantrum."
"After both Republican-majority Houses took the historic step of voting that additional war against Iran is illegal without congressional authorization, President Trump came to the Capitol and tried to browbeat Republican senators for upholding their oaths of office," said Kaine. Wednesday's vote, the senator added, "does not undo the expressed position of Congress that further war against Iran is illegal unless Congress votes for it."
Trump, who has repeatedly threatened to resume attacks on Iran if negotiations collapse, celebrated Wednesday's vote in a late-night post on his social media platform, thanking Senate GOP leaders and highlighting that Cassidy and Paul changed their votes.
Cassidy, who lost reelection last month and insisted hours before the vote that he would not "be bullied" by the administration, subsequently thanked the White House for giving him a "thorough briefing" on Iran to "address many of my concerns." Trump reportedly called Cassidy a "lunatic" during Wednesday's private lunch.
"This president is telling the American people there’s no money for healthcare, housing, or childcare—but there should be endless taxpayer dollars to fund wars they don’t support."
Wednesday's vote came amid tenuous negotiations between the US and Iran on a diplomatic resolution to end the illegal war that Trump launched in late February, killing thousands of Iranians, throwing the global economy into chaos, and driving up prices at home.
On Wednesday, prior to the Senate war powers vote, the White House asked Congress to approve an $87.6 billion supplemental funding package that includes nearly $70 billion for military programs to address "operational costs incurred" during the war on Iran.
Rep. Brendan Boyle (D-Pa.), the top Democrat on the House Budget Committee, said in a statement that "the tens of billions in military spending requested by the Trump administration could be used to protect Americans’ healthcare, feed hungry children, and help working families afford everyday life."
"Instead, Trump wants taxpayers to continue footing the bill for his reckless war in Iran, which has sent the cost of gas and everyday goods skyrocketing, put our brave men and women in uniform at risk, and left the region no safer than before," Boyle added.
Senate Democrats' top appropriator, Patty Murray of Washington, said she would not "rubberstamp tens of billions more for this disastrous war of choice."
“This president is telling the American people there’s no money for healthcare, housing, or childcare—but there should be endless taxpayer dollars to fund wars they don’t support," said Murray.
Abbott, which donated $500,000 to the president's inaugural fund, faced an investigation stemming from alleged deadly contamination at one of its baby formula plants in Michigan.
US President Donald Trump last year purchased hundreds of thousands of dollars of Abbott Laboratories stock before his Justice Department dropped a years-long criminal investigation into the company, which was accused of misconduct after infant hospitalizations and deaths were linked to one of its baby formula factories.
The stock purchases were revealed in the president's annual financial disclosure report, which spans 927 pages and shows thousands of trades valued at over $1 billion. Trump's first purchase of Abbott stock last year was made in late September, and the president bought around $500,000 worth of shares in total in 2025, according to the nonprofit media organization More Perfect Union.
The Wall Street Journal reported on Sunday that "top decision makers" at the Department of Justice shut down the criminal investigation into Abbott—which donated $500,000 to Trump's inaugural fund—even though "some prosecutors believed they had evidence to criminally charge the company under a law they have used to pursue other businesses for allegedly selling contaminated foods."
"Prosecutors had been considering a misdemeanor charge against Abbott for violating the federal Food, Drug, and Cosmetic Act and a separate count for misleading the government," the Journal reported, citing unnamed people familiar with the matter. "Investigators in early 2022 had found traces of a potentially deadly bacteria at its plant in Sturgis, Michigan, including on equipment very close to infant formula containers—as well as a long list of other problems."
The Food and Drug Administration received reports of at least nine infant deaths linked to baby formula produced at Abbott's Sturgis plant, which the company temporarily shut down amid fears of dangerous contamination. The Justice Department launched its investigation into Abbott, the largest infant formula manufacturer in the US, in 2023, under the administration of former President Joe Biden.
Trump's DOJ has taken a far more lax approach to corporate enforcement, reaching sweetheart settlement deals with companies accused of price-fixing, stifling competition, and other illegal activities.
The Journal reported that the Justice Department and Abbott "reached a settlement to resolve" a separate but related civil lawsuit alleging that the company knowingly "failed to follow manufacturing standards to protect against the risk of contamination."
"That suit, which was joined by 31 states, alleged that Abbott had a 'culture of concealment' at Sturgis and 'withheld information from FDA related to the presence of microorganisms in the Sturgis facility,'" the Journal observed.
SHOCKING: Trump's latest financial disclosures reveal that he invested upwards of $500,000 in Abbott two months before his DOJ dropped the case. https://t.co/qHXF6wvUct
— More Perfect Union (@MorePerfectUS) July 1, 2026
Last April, the investigative outlet ProPublica reported that workers at Abbott's Sturgis plant—which resumed production in June 2022—said the company was still "engaging in unsanitary practices similar to those that led it to temporarily shut down."
"Current and former employees told ProPublica that they have seen the plant in Sturgis, Michigan take shortcuts when cleaning manufacturing equipment and testing for microbes," the outlet reported. "The employees said leaks in the factory are sometimes not fixed, a dangerous problem that can promote bacterial growth. They also said workers at the facility do not always take required swabs to check for pathogens while performing maintenance during production. Supervisors have urged workers to increase production and have retaliated against workers who complained about problems, the employees said.
Abbott, whose stock is down significantly year-to-date but up over the past month, called the ProPublica story "misleading" and impugned the motives of workers who spoke to the outlet.
Trump's purchase of Abbott stock wasn't the only buy that preceded significant action by his administration.
"On April 8, 2025, the day before Trump announced the tariff pause, the disclosure shows 327 individual stock purchases worth as much as $12.8 million, one of the largest single-day stock buying sprees disclosed in the filing," Sludge reported on Wednesday. "The purchases included Apple, Microsoft, Nvidia, Amazon, and Alphabet, each valued as much as $250,000, along with scores of other companies. The S&P 500 jumped nearly 10% the following day when Trump announced the pause, one of the largest single-day gains in the index's history."
“USPS’ plan was unwise, unlawful, and a threat to the millions of voters who rely on mailed ballots to participate in our democracy," said one case litigant.
In a ruling hailed by democracy defenders, a federal court on Wednesday halted the US Postal Service's implementation of President Donald Trump's March executive order targeting mail-in ballots as part of his administration's broader attack on voting rights.
Judge Emmet Sullivan of the US District Court for the District of Columbia granted a request by the NAACP to enforce a 2021 settlement agreement requiring the USPS to protect mail-in voting and prioritize delivery of mail related to elections through 2028.
The request followed the Postal Service's publication last month of a proposed rule that would block the delivery of mail-in ballots to voters in states where election officials refused to provide certain information to USPS or use a specific envelope design. That proposal came after Trump's March executive order directing federal agencies to create a nationwide list of eligible voters using federal data.
The directive also requires the Postal Service to verify that mail-in ballots are sent and returned only by eligible voters, preserve election-related records for a longer period, and exercise heightened oversight of mailed ballots.
The Public Citizen Litigation Group and Legal Defense Fund (LDF) filed a motion on behalf of the NAACP asserting that the proposed rule "manifests USPS’ intent not to deliver certain mail-in ballots, establishing a process that directly violates its obligations under the agreement."
“The court today correctly recognized that USPS’ plan to create roadblocks to mail-in voting was inconsistent with its commitment to timely deliver election mail,” Public Citizen Litigation Group director Allison Zieve said in a statement following Sullivan's ruling. “USPS’ plan was unwise, unlawful, and a threat to the millions of voters who rely on mailed ballots to participate in our democracy.”
🚨BREAKING: In the latest blow to President Donald Trump’s anti-voting agenda, a federal court on Wednesday granted the NAACP’s request to halt the U.S. Postal Service’s (USPS) implementation of his executive order against mail voting. www.democracydocket.com/news-alerts/...
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— Marc Elias (@marcelias.bsky.social) July 1, 2026 at 1:41 PM
LDF associate director-counsel Sam Spital said, “Today’s decision recognizes that USPS cannot disregard its legal obligation to timely deliver mail-in ballots to all voters."
"We are glad that the court blocked a blatant attempt to renege on this commitment through a proposed rule that ran the risk of undermining the fairness of our national elections, creating particular dangers for Black voters," Spital continued. "LDF will continue to defend our democracy and combat unlawful restrictions of the right to vote.”
Anthony P. Ashton, senior associate general counsel at the NAACP, called the decision "a critical step in protecting the rights of voters who rely on the timely delivery of mail-in ballots to participate in our democracy."
Ashton continued:
The proposed USPS changes would have created unnecessary and unlawful barriers, in direct violation of the USPS’ mandate to prioritize election mail. Those barriers could have disproportionately harmed Black voters, who are more likely to rely on mail voting due to long-standing inequities in access. Put simply, the use of mail-in voting helps reduce voter intimidation at the polls and election day dirty tricks. This decision makes clear that access to the ballot cannot be tied to arbitrary requirements. The NAACP will continue to hold this government accountable when it attempts to undermine fair and equal access to the electoral process.
Wednesday's order—from a judge who's been appointed to various positions by Republican and Democratic presidents throughout his career—is the latest in a string of federal court rulings against Trump's attacks on voting rights, crowned by Monday's Watson v. Republican National Committee US Supreme Court decision, in which the justices affirmed that states may count ballots received after Election Day if they were postmarked in time.
Last week, a federal judge in Massachusetts sided with Democratic state attorneys who challenged Trump's March 2025 executive order that requires Americans to show proof of citizenship when registering to vote, while another judge in the same district blocked parts of the president's March 2026 order, which included the USPS directive.
"The $1.1 trillion that governments are pouring into fossil fuel subsidies this year is not a safety net, it is a ransom payment."
With the US and Iranian governments engaged in 60 days of peace talks, the United Nations' latest projections about the illegal war's impact on fossil fuel subsidies this week triggered new demands for taxing the windfall profits of climate-wrecking Big Oil.
The United Nations Development Program (UNDP) on Monday released "Military Escalation in the Middle East: Cushioning the Global Shock," a report detailing how governments have navigated the "most severe oil supply shock in history," caused by Iran limiting traffic through the Strait of Hormuz in response to the Trump administration and Israel's unlawful assault.
As fossil fuel prices have soared worldwide, the report states, "governments have moved quickly to cushion households and firms from higher energy prices through fuel subsidies, tax cuts, price caps, strategic stock releases, emergency procurement, export restrictions, demand-management measures, and fuel switching."
"While energy subsidies had fallen by roughly half in 2024 as energy markets stabilized, the downward trajectory has sharply reversed," the document notes. "We estimate that global fossil fuel subsidies are currently on track to reach $1.1 trillion in 2026 and could reach as high as $1.43 trillion in a severe scenario where the average oil price reaches $110/barrel... This represents an estimated $410-$740 billion increase from 2025."
UNDP Administrator Alexander De Croo said in a statement that "the global spillover of the Middle East conflict is profound and potentially long-lasting. Developing countries, many already struggling with debt, have temporarily managed to protect people from the worst of the energy shock."
"These countries are doing everything they can, but there is a hidden cost," he stressed. "To deal with today's crisis, governments are postponing tomorrow's investments. Money that should be building schools, hospitals, and clean energy systems is being used simply to keep economies afloat. Without international support, these countries won’t escape the shock. They are absorbing it at the expense of future growth."
"No country should have to sacrifice its future development to manage a crisis it did not create," De Croo argued. "First, we must unlock multilateral liquidity in ways that are easy to access for low- and middle-income countries. Second, we must accelerate investment in renewable energy. Every clean energy investment reduces exposure to future shocks. The crisis has made one thing clear: Energy security and the energy transition are no longer separate agendas. They are one and the same."
In addition to reiterating calls for a just transition to clean energy, the advocacy group 350.org has repeatedly advocated for a windfall profits tax targeting oil and gas giants cashing in on the conflict in the Middle East. Executive director Anne Jellema pushed for such policies again on Wednesday, noting the new UNDP numbers.
"The $1.1 trillion that governments are pouring into fossil fuel subsidies this year is not a safety net, it is a ransom payment," Jellema declared. "Every dollar spent shielding the fossil fuel industry from the consequences of its own price volatility is a dollar not spent on the clean energy systems that can bring costs down for good."
"We need a phaseout to end public subsidies for fossil fuel companies, and a permanent windfall tax on fossil fuel profits," she continued. "Not a one-off levy, but a permanent, legislated mechanism that redirects the extraordinary profits of an industry driving this crisis into the just transition every country needs. That means affordable clean energy, retrofitted homes, and funding to protect people from the extreme weather unleashed by fossil pollution."
In the United States, where President Donald Trump's war has cost Americans tens of billions of dollars at the pump, Sen. Sheldon Whitehouse (D-RI) and Rep. Ro Khanna (D-Calif.) reintroduced the Big Oil Windfall Profits Tax Act in March, just weeks into the war.
Backing the bill, Food & Water Watch managing director of policy and litigation Mitch Jones said at the time that "historical evidence could not be any clearer: Big Oil will undoubtedly leverage the current crisis in the Middle East to maximize profit margins, pinching American families and enriching their executives and Wall Street speculators."
"This demands a policy response—namely, a windfall profits tax... which would recover much of these egregious, opportunistic gains and return them to everyday Americans," Jones added. "Fossil fuel companies must be held accountable for the profiteering they are orchestrating as we speak."