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Christopher Lancette, The Wilderness Society (202) 429-2692
Shannon Andrea, National Parks Conservation Association, (202) 454-3371
Kelly Trout, Friends of the Earth, (202) 222-0722
Jessica Brand, Defenders of Wildlife, (202) 772-0239
As President Obama calls for fiscal restraint in domestic
spending, a coalition of conservation and wildlife organizations echoed
the call and released a "Green Budget" report today outlining what
Congress can do to create jobs while strengthening key environmental
programs -- including cutting wasteful spending by nearly $20 billion
per year. (Click here to see a short video about the need to invest in a green economy, find full report, obtain photos, etc.)
"We heard President Obama and we recognize the need for the federal
government to tighten its belt, which is why we're calling on Congress
and the administration to eliminate wasteful spending," said William H.
Meadows, president of The Wilderness Society - one of 34 organizations
that sent 2011 spending recommendations to Congress in the form of its
"Green Budget". "The president and Congress have some tough decisions
to make but we believe sound economic and environmental policy go
hand-in-hand. So while frugality is key, we must continue to invest in
the kind of environmental initiatives that create jobs and protect our
natural resources."
The wide-ranging spending cuts indentified would save billions of
dollars per year by ending tax breaks and other giveaways to the oil
and gas industry and other big polluters that are enjoying
record-breaking profits. For example, closing the loophole that lets
big corporations write off oil and gas production would save $13.3
billion over nine years. Cutting taxpayer subsidies for dangerous and
expensive new nuclear technologies would save more than $220 million in
2011 alone. Congress could also save billions in subsidies to corporate
agribusinesses that destroy land and pollute our water and instead
invest in cost-effective programs like conservation, nutrition and
deficit reduction. The savings outlined in the Green Budget are just a
sampling of the ways our tax dollars subsidize pollution and could
instead be invested in environmental protection and clean, renewable
energy.
"Last September, President Obama pledged to end subsidies to fossil
fuels," said Friends of the Earth President Erich Pica. "The Green
Budget provides him a way to start delivering on that promise. There's
no reason billions of our taxpayer dollars should be going to
ExxonMobil and other polluting corporations. Eliminating these
giveaways will unleash resources we can use to build clean energy jobs
and a stable, healthy future for our country."
The organizations producing the Green Budget believe the money saved
by eliminating wasteful spending can be used to invest in creating a
green economy - one that creates jobs and protects natural resources.
Their plan details what federal agency funding is needed to sustain
clean air and water, protect lands, oceans and wildlife, and solve
energy and transportation problems. They're also quick to remind
Congress and the administration of the vital economic role public lands
play in the economy: The Outdoor Industry Foundation estimates that
outdoor recreation -- hunting, fishing, hiking, skiing, and similar
activities -- contribute $730 billion annually to the U.S. economy and
supports 6.5 million jobs across the country. A study by the National
Parks and Conservation Association, meanwhile, found that $13 billion
flows annually into gateway towns, creating 250,000 private sector jobs.
Key recommendations from the Green Budget:
Lands and Wildlife: After years of budget cuts, more funds are
needed to aid the National Wildlife Refuge System, National Park
System, National Forests and land managed by the Bureau of Land
Management. All are faced with critical backlogs on projects needed to
preserve and maintain existing sites and stop environmental damage
they're experiencing.
"We look to Congress and the Administration to provide funding for
our national parks and public lands that the American people deserve,"
said National Parks Conservation Association President Tom Kiernan,
whose organization estimates that every federal dollar invested in
national parks generates at least four dollars economic value to the
public. "By investing in our national parks and public lands, we can
improve the experiences of visitors, benefit local economies, and
protect our national heritage for our children and grandchildren."
Defenders of Wildlife President Rodger Schlickeisen shared that sentiment.
"Wildlife refuges provide around $1.7 billion in revenue annually,
thanks to the 40 million people who visit these spots each year" he
said. "Protecting these treasures is not only vital to our natural
heritage, it is a sound economic investment that creates jobs and
stimulates local economies."
Oceans: Congress should invest in our oceans including supporting
programs that protect our coasts, responsibly manage fisheries,
conserve marine wildlife, sustain coastal economies and observe and
predict climate change. Additionally, Congress should support the Ocean
Policy Task Force President Obama formed in June 2009 to develop a
national ocean policy and coastal and marine spatial planning
framework. That plan will develop recommendations for better managing
U.S. oceans, which are now under the domain of 140 laws and implemented
by 20 federal agencies.
Health, Air & Water: Congress should strengthen the
Environmental Protection Agency's ability to reduce toxins in our air
and water. Regulatory programs should be enhanced, and investments in
the Clean Water and Drinking Water State Revolving Loan Fund should be
increased.
Education: Congress should support greater environmental education
efforts. "As America moves toward a clean energy economy, Congress must
make significant investments in environmental and sustainability
education," said Patrick Fitzgerald, director of education advocacy at
the National Wildlife Federation. "By better educating our citizens and
workforce, we will create the human capital America needs to strengthen
our economy, achieve energy independence, and secure a clean energy
future."
Energy: Congress should invest in programs that can increase the
amount of energy generated by wind and solar technologies. It should
also continue to prioritize the Building Technologies Program that
yields great energy savings from a variety of energy efficient building
techniques. Congress should also expand the scope of the Energy
Efficient and Conservation Block Grant Program, which encourages states
and large communities to invest in initiatives such as retrofitting
existing buildings and facilities with energy efficient technologies.
"We need to put our fiscal house in order to remain the world's
leading economy," said Frances Beinecke, president of the Natural
Resources Defense Council. "We also need to lead, not lag, in
developing the clean energy and conservation technologies that will
strengthen our economy at home, make us more competitive abroad and
position American workers for success in the fast-growing global market
for wind, solar and other renewable power sources. The Green Budget
supports these vital goals by increasing investment in environmental
priorities while marking wasteful programs that should be cut or
eliminated to save taxpayers money. It strikes the right balance. It
deserves our support."
“It is obscene that companies like TotalEnergies are making enormous profits from war, while ordinary people’s lives are being shattered and the world faces a spiraling economic crisis," said one campaigner.
As energy and finance officials from across the European Union prepared to review energy supply levels amid the US-Israeli war on Iran on Tuesday, campaigners from a leading climate action group renewed their call for officials to go further than just releasing oil reserves in order to keep costs down.
Oil giants that have benefited from the growing global energy crisis set off by the US-Israeli attacks and Iran's retaliatory closing of the Strait of Hormuz should be held to account for their "fossil fuel profiteering," said 350.org.
After a virtual meeting of energy ministers from the G7 countries on Monday, 350.org called on officials to tax the windfall profits of companies like France's TotalEnergies, which is estimated to have made $1 billion in profits in just the last month since Iran closed the strait in retaliation for the US and Israeli attacks.
Total has reportedly "monopolized" about 70 crude oil shipments from the UAE and Oman in the last month, as Murban crude prices surged from $70 to $170 per barrel.
As Common Dreams reported Monday, 350.org released an analysis showing that spiking oil and gas prices resulting from the US-Israeli war have cost consumers and businesses more than $100 billion in the past month.
“It is obscene that companies like TotalEnergies are making enormous profits from war, while ordinary people’s lives are being shattered and the world faces a spiraling economic crisis," said Fanny Petitbon, France team lead for 350.org. "At a time of such profound human suffering, no company should be allowed to exploit chaos and conflict for financial gain. The G7’s deafening silence on these windfall profits speaks volumes, signaling a failure to hold corporate greed accountable while the rest of the world pays the price.”
Revenues from taxing windfall profits could "be used to support vulnerable households, accelerate the transition to renewable energy, and fund recovery efforts in regions affected by conflict," said Petitbon.
“The principle is clear: extraordinary profits made in times of crisis should be redirected for the public good, not concentrated in the hands of a few," she said.
The ministers from the G7 countries—which include the United States, Canada, Japan, Britain, France, Germany, and Italy—met virtually to discuss how the war in Iran is affecting energy and commodity markets and inflation. They called on countries “to refrain from imposing unjustified export restrictions” on oil and gas, but did not announce any specific steps they plan to take.
"We stand ready to take all necessary measures in close coordination with our partners, including to preserve the stability and security of the energy market," the ministers said in a statement. "We recognize the importance of coordinated international action to mitigate spill overs and safeguard macroeconomic stability."
Earlier this month, the International Energy Agency coordinated the release of 400 million barrels of oil to mitigate the supply shortfall caused by the closing of the Strait of Hormuz, from which about one-fifth of the world's oil supply flows.
But gas prices across Europe have continued to rise by 70% nonetheless. In the US, the average price of gas rose to $4 per gallon on Tuesday for the first time since August 2022.
Brent crude oil, which cost about $70 per barrel before the war, has gone up to $119 per barrel, and analysts are projecting prices as high as $200 as the conflict continues.
Monday's virtual summit was held ahead of an emergency meeting of EU energy ministers, who were told by EU Energy Commissioner Dan Jørgensen in a letter Monday that they were "encouraged to make timely preparations in anticipation of a potentially prolonged disruption" of energy imports.
Jørgensen emphasized in a video posted on social media Monday that the growing energy crisis underscores how a transition away from oil and gas toward renewable sources is crucial for economies as well as the planet.
The crisis in the Middle East is affecting energy prices also here in Europe.
My message on what we must do to protect our citizens and businesses.
Now and in the future.
↓ pic.twitter.com/jiLmavxV8K
— Dan Jørgensen (@DanJoergensen) March 30, 2026
"We will need immediate targeted measures to combat this crisis, but all of these measures need to be in line with our long-term strategy, which is more renewables as fast as possible," said Jørgensen.
"In a functional democracy, he would offer his resignation tonight."
A broker for Pentagon Secretary Pete Hegseth reportedly tried to make a "big investment" in a bundle of weapons stocks just weeks before the US and Israel launched their war on Iran, an unpopular assault that Hegseth has aggressively championed.
Citing three unnamed people familiar with the matter, The Financial Times reported on Monday that Hegseth's "broker at Morgan Stanley contacted BlackRock in February about making a multimillion-dollar investment in the asset manager’s Defense Industrials Active ETF... shortly before the US launched military action against Tehran." The bombing began on February 28.
A spokesperson for the Pentagon denied the story, calling it "entirely false and fabricated" and insisting that neither Hegseth nor any of his representatives approached BlackRock about such an investment. But the FT reported that the broker's "inquiry on behalf of the high-profile potential client was flagged internally at BlackRock."
The investment was not ultimately made because the fund—which includes behemoths such as RTX, Lockheed Martin, Boeing, and Northrop Grumman—was not available for Morgan Stanley clients to buy at the time.
The purchase would not have been immediately lucrative: Over the past month, the Defense Industrials Active ETF is down over 12%. But the reported allegation that Hegseth's broker sought to make the largest investment in the weapons industry set off alarm bells, particularly amid growing concerns that Trump administration officials are using inside knowledge and manipulating markets to cash in on the war.
"You know, back when the [US government] gave a damn about anti-corruption, this is something we would've seen as a 'no no,'" said Richard Nephew, a former anti-corruption coordinator at the US State Department.
Economist Justin Wolfers wrote of Hegseth that, "in a functional democracy, he would offer his resignation tonight."
Instead, Pentagon spokesperson Sean Parnell demanded that the FT issue an "immediate retraction," dismissing the newspaper's story as "yet another baseless, dishonest smear designed to mislead the public."
Hegseth has emerged as the most prominent and belligerent cheerleader of the Iran war in the US, and—according to President Donald Trump—the Pentagon chief was the first of the president's advisers to "speak up" in favor of the assault during the internal decision-making process.
Trump has also suggested Hegseth does not want the war to end, saying last week that the Pentagon chief was "quite disappointed" when the president claimed the conflict would be over shortly.
"I don’t want to say this, but I have to," Trump told reporters at the White House. "I said, Pete and General Razin’ Caine, this thing is going to be settled very soon, and they go, ‘Oh, that’s too bad.'"
"It is astonishing that any president would try to target, shame, and harass children just trying to be themselves, let alone a president with so many actual problems to address," said the state attorney general.
The US Department of Justice on Monday continued President Donald Trump's crusade against transgender youth competing in sports in line with their identity by suing the Minnesota Department of Education and the state's high school league.
"The United States files this action to stop Minnesota's unapologetic sex discrimination against female student athletes," says the complaint, filed in a federal court in the state by the DOJ's Civil Rights Division.
"The state of Minnesota, through its Department of Education, and the Minnesota State High School League require girls to compete against boys in athletic competitions that are designated exclusively for girls and share intimate spaces, such as multiperson locker rooms and bathrooms, with boys," the complaint continues. "This unfair, intentionally discriminatory practice violates the very core of Title IX of the Education Amendments of 1972."
The Associated Press noted that "the administration has filed similar lawsuits against Maine and California, and has threatened the federal funding of some universities over transgender athletes, including San José State in California and the University of Pennsylvania."
Tim Leighton, a spokesperson for the league, told the AP that it does not comment on threatened or pending lawsuits. According to The New York Times, Emily Buss, a spokesperson for the state department, said Minnesota's leadership was reviewing the complaint while remaining "committed to ensuring every child—regardless of background, ZIP code, or ability—has access to a world-class education."
While Trump and his allies have aimed to stop all trans women and girls from competing as they identify—including at the 2028 Olympic Games in Los Angeles—the fight with Minnesota specifically traces back to the president's February 2025 executive order, after which the administration began investigating the state.
The Minnesota Department of Education gets over $3 billion in federal funding. Democratic state Attorney General Keith Ellison sued to stop the administration from pulling that money last April. In September, the US departments of Education and Health and Human Services concluded that the state agency and league violated Title IX, and the case was referred to the DOJ in January.
In a Monday statement, Ellison said that the DOJ's lawsuit "is just a sad attempt to get attention over something that's already been in litigation for months."
"Donald Trump is currently facing an unpopular war that he launched, rising gas prices, massive health insurance price hikes, and a partial government shutdown caused in part by his ICE agents killing two Minnesotans in broad daylight," Ellison said, referring to Immigration and Customs Enforcement. "It is astonishing that any president would try to target, shame, and harass children just trying to be themselves, let alone a president with so many actual problems to address."
The DOJ filing about trans student-athletes came less than a week after Ellison and other Minnesota officials sued the Trump administration over its refusal to cooperate with state investigators probing the killings of Renee Good and Alex Pretti by federal immigration agents earlier this year, as well as the shooting of Julio Cesar Sosa-Celis, who was wounded but survived.