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. Billionaires 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, independent 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 producing journalism for the common good. With our Fall Campaign underway, please support this mission today. We cannot do it without you.

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.

A new study regarding fossil records reveals that ocean acidification could cause mass extinction. (Photo: Rodfather/Flickr/cc)

'We Should Be Worried': Study Confirms Fear That Intense Ocean Acidification Portends Ecological Collapse

"We have been warned."

Julia Conley

The acidification of the Earth's oceans, which climate scientists warn is a dangerous effect of continued carbon emissions, was behind a mass extinction event 66 million years ago, according to a new study.

Small-shelled marine organisms survived the meteorite that struck the Earth and wiped out the dinosaurs, according to researchers at the GFZ geosciences research center in Potsdam, Germany, but the subsequent sharp drop in pH levels in the ocean caused the marine life to go extinct.

"We show ocean acidification can precipitate ecological collapse," Michael Henehan, who led the study, told The Guardian.

Researchers examined shell fossils in sediment dating back to the time period just after the meteorite struck the planet, which showed that the oceans' pH dropped by about 0.25 units in the 100 to 1,000 years after the strike.

"In the boundary clay, we managed to capture them just limping on past the asteroid impact," Henehan said.

But, the newspaper reported, "It was the knock-on effects of acidification and other stresses, such as the 'nuclear winter' that followed the impact, that finally drove these foraminifera to extinction."

"We have been warned," climate campaigner Ed Matthew tweeted with a link to the research, which was published in the Proceedings of the National Academy of Sciences.

Today, climate scientists warn that the continued burning of oil, gas, and coal is causing ocean acidification that, left unchecked, could cause a pH drop of 0.4 units.

If policymakers are able to help limit the warming of the globe to two degrees Celsius by ordering that fossil fuels be left in the ground and shifting to a renewable energy economy, the ocean's pH level could drop just 0.15 units.

"If 0.25 was enough to precipitate a mass extinction, we should be worried," Henahan told The Guardian.

As Common Dreams reported in July, MIT researchers also recently turned their attention to ocean acidification as well. The researchers released data showing that today's carbon levels could be fast approaching a tipping point threshold that could trigger extreme ocean acidification similar to the kind that contributed to the Permian–Triassic mass extinction, which occurred about 250 million years ago.


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.

New York Taxi Workers Stage Hunger Strike to Demand Medallion Debt Relief

"They are an essential industry here in New York City," said Rep. Alexandria Ocasio-Cortez, "and we need to make sure we're doing right by them."

Julia Conley ·


'It's Not Coming Out': Bernie Sanders Stands Firm on Medicare Expansion

"It's what the American people want and, after waiting over 50 years, what they are going to get."

Julia Conley ·


'When We Organize, We Win': Ocasio-Cortez Joins India Walton at Rally in Buffalo

The two progressives joined striking hospital workers on the picket line at Mercy Hospital after the early voting rally.

Julia Conley ·


Fatal Film Set Shooting Followed Outcry by Union Crew Members Over Safety Protocols

"When union members walk off a set about safety concerns, maybe 'hiring scabs' isn’t the solution you think it is."

Julia Conley ·


New Whistleblower Sparks Calls to 'Crack Down on Facebook and All Big Tech Companies'

Hours after another ex-employee filed a formal complaint, reporting broke on internal documents that show the tech giant's failure to address concerns about content related to the 2020 U.S. election.

Jessica Corbett ·

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