Skip to main content

Why are the billionaires always laughing?

Because they know the corporate media will never call bullshit on their bullshit.

Why are the billionaires laughing?

It’s easy to laugh when the corporate press treats you as a glorious success instead of the epitome of a broken social order. They laugh because they know the corporate media prefers to fawn over them rather than hold them to account.

Today, we ask you to support our nonprofit journalism because we are not impressed by billionaires flying into space, their corporations despoiling our health and planet, or their vast fortunes safely concealed in tax havens across the globe. We are not laughing.

We are hard at work digging out the truth. Please support this independent journalism today by donating to our critical Fall Campaign. We cannot do it without you. Thank you. -- Craig Brown, Co-founder

Support Our Work -- Join the small group of generous readers who donate, keeping Common Dreams free for millions of people each year. Every donation—large or small—helps us bring you the news that matters.

New findings, reports the Post, "underscore how the world’s second-largest emitter, once a global leader in pushing for climate action, has all but abandoned efforts to mitigate the effects of a warming world." (Photo: isciencetimes.com)

Trump's Disregard of Climate Threat Seen as US Carbon Emissions Surged in 2018

"In case there was still any doubt that we need a #GreenNewDeal," declares Sunrise Movement in response to new figures

Jon Queally

As global citizens and world governments struggle to respond appropriately to the clear and present danger of a rapidly warming world, new figures show that the United States under President Donald Trump is going precisely backwards when it comes to meeting its obligation to reduce greenhouse gas pollution.

"This research shows that without taking critical measures to cut fossil-fuel emissions much more drastically, we are locking ourselves into the devastating consequences of climate change, including rising sea levels, more severe hurricanes and storms, wildfires, and more." —May Boeve, 350.orgAs the Washington Post reports on Tuesday:

The findings, published Tuesday by the independent economic research firm Rhodium Group, mean that the United States now has a diminishing chance of meeting its pledge under the 2015 Paris climate agreement to dramatically reduce its emissions by 2025.

The findings also underscore how the world’s second-largest emitter, once a global leader in pushing for climate action, has all but abandoned efforts to mitigate the effects of a warming world. President Trump has said he plans to officially withdraw the nation from the Paris climate agreement in 2020 and in the meantime has rolled back Obama-era regulations aimed at reducing the country’s carbon emissions.

While the rising emissions are directly tied to a surging economy and particular to energy demands over the last several, Trevor Houser, a partner at Rhodium who worked on the study, told the Post that the increase would not have been as dramatic without the Trump administration's rollback of key Obama-era policies designed to confront the climate crisis that the current White House falsely claims does not even exist.

"I don't think you would have seen the same increase," Houser said of the emissions.

According to the Guardian, the jump in 2018 "is the biggest since the bounce back from the recession in 2010. It is the second largest gain in more than two decades." While Trump has ended U.S. support for the U.N.-backed Paris climate agreement, the new figures show just how far the country is now from the original commitment it made when Obama backed the deal in the second term of his presidency.

While experts warned, and the evidence subsequently showed, the post-Paris efforts by Congress and the Obama administration were not enough to meet the challenges of the warming threat—"the United States has never been on target to fulfill its Paris promises," notes the Post—but the Trump administration has made matters significantly worse by moving to reverse or weaken the policies that were put in place.

In response to the report, May Boeve, Executive Director 350.org, lamented the findings.

"There are consequences to government inaction," Boeve said in a statement. "This research shows that without taking critical measures to cut fossil-fuel emissions much more drastically, we are locking ourselves into the devastating consequences of climate change, including rising sea levels, more severe hurricanes and storms, wildfires, and more."

Despite the news, Boeve said her group is as determined as ever to combat the crisis. "We refuse to throw our hands up in defeat, because we know what must be done," she said. "With a new Congress in session, we demand they heed these warnings and step up to act at the scale of the crisis. We need to pass a Green New Deal and hold fossil fuel executives accountable for exacerbating climate change. We need Congress, and elected officials at all levels, to back bold climate policy that creates millions of family sustaining jobs in a just transition off fossil fuels to a 100% renewable economy. We have the solutions, and this is the only way that we can turn this around."

The Rhodium Group does not say it is impossible for the U.S. to meet its initial Paris obligations, the path the achieving those reductions is now going to be all that much harder.

"To meet the Paris Agreement target of a 26-28% reduction from 2005 levels by 2025, the US will need to reduce energy-related CO2  emissions by 2.6% on average over the next seven years — and faster if declines in other gasses do not keep pace," the report notes. "That’s more than twice the pace the US achieved between 2005 and 2017 and significantly faster than any seven-year average in US history. It is certainly feasible, but will likely require a fairly significant change in policy in the very near future and/or extremely favorable market and technological conditions."

As opinion columnist Will Bunch declared: "Thanks Trump."

Update: This story was updated from its original to include comment from 350.org's executive director May Boeve.


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

Schumer Endorses 'Inspiring Community Leader' India Walton as Buffalo's Next Mayor

The U.S. Senate majority leader's move comes as some key New York Democrats refuse to back the democratic socialist.

Jessica Corbett ·


'Who Will You Throw Overboard?' Manchin Targeted for Trying to Sink Democratic Agenda

West Virginians gathered at the senator's yacht to demand that he stop blocking the "popular and needed" Build Back Better package.

Jessica Corbett ·


'We Shouldn't Do It at All': Manchin Admits He's the Enemy of Democrats' Ambitions

The right-wing West Virginia Democrat and fossil fuel investor has previously confessed his intent to quash his own party's sweeping $3.5 trillion Build Back Better package.

Brett Wilkins ·


After Getting 'Stealth Bailout' During Pandemic, US Corporations Try to Kill Proposed Tax Hikes

"When it's time to finally put workers first, big businesses are spending millions to maintain their advantage and preserve the status quo," said Kyle Herrig of Accountable.US.

Jessica Corbett ·


'Disgraceful': Just 9 Republicans Join With Dems to Hold Steve Bannon in Criminal Contempt

The vote "reveals just how far the Republican Party has fallen" since Trump took control as GOP's de facto leader, said one pro-democracy advocate.

Jon Queally ·

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.


Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo