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In recognition for his outstanding contribution to climate change, the activist group Friends of the Earth U.S. today presented BlackRock CEO Larry Fink with a "climate fraud" award. BlackRock holds more stock in companies contributing to climate change than any other company in the world.
"BlackRock is the world's largest investor in climate destruction," said Lukas Ross, senior policy analyst at Friends of the Earth U.S. "As the warnings from climate scientists become ever more dire, Fink and his investments are on the wrong side of history."
Fink has previously called for business to fulfill a "social purpose" and just last week touted the future of sustainable investment. Nevertheless, BlackRock remains the world's largest single investor in fossil fuels and deforestation, with holdings in companies such as BP, Enbridge, Golden Agri-Resources and Sinar Mas.
"If Larry Fink wants to be recognized as a humanitarian, he needs to stop financing climate destruction," added Ross. "His very investments exacerbate the global refugee crisis."
For more information on BlackRock, visit www.BlackRocksBigProblem.com
Friends of the Earth fights for a more healthy and just world. Together we speak truth to power and expose those who endanger the health of people and the planet for corporate profit. We organize to build long-term political power and campaign to change the rules of our economic and political systems that create injustice and destroy nature.(202) 783-7400
"It is far past time to reenact an assault weapons ban and get these weapons of war out of our communities."
A gunman killed at least seven people in the small California city of Half Moon Bay on Monday, the second mass shooting in the state in three days and one of nearly 40 that have occurred since the start of the new year—a rolling epidemic of violence that Congress has repeatedly met with inaction or inadequate compromises with gun lobby-backed Republicans.
The Associated Pressreported that police "arrested a suspect in Monday's shootings, 67-year-old Chunli Zhao, after they found him in his car in the parking lot of a sheriff's substation." Officers found a semi-automatic handgun in the suspect's vehicle.
"Four people were found dead and a fifth injured from gunshot wounds at a farm, and officers found three other people killed at another location several miles away," AP noted. "Officials believe Zhao is a worker at one of the facilities and that the victims were workers as well."
The deadly shootings at two separate locations on Monday came after a gunman massacred 11 people in Monterey Park, California on Saturday. Investigators reportedly collected more than 40 bullet casings at the dance studio where the mass shooting took place. The gunman, 72-year-old Huu Can Tran—who took his own life—had previously been arrested for unlawful possession of a firearm.
Police said the gunman used a semi-automatic pistol with an "extended large-capacity magazine."
"It's not clear how the shooter obtained the gun, which was a Cobray M11 9mm semi-automatic weapon compatible with 30-round magazines," Vox's Nicole Narea wrote Monday. "It's also not clear whether the shooter legally obtained a second weapon recovered from inside his van—a handgun that he used to fatally shoot himself. The second weapon can be bought in California; the first has been banned in the state for more than three decades.
"That the semi-automatic weapon is currently illegal in the state makes California unusual; such weapons can be legally purchased in the majority of the U.S.," Narea observed. "And that's led California politicians to call not just for stronger laws in the state, but across the U.S."
The latest string of mass shootings sparked an all-too-familiar outpouring of grief and anger, the latter directed at lawmakers who refuse to support basic and popular gun-safety measures, prioritizing the interests of profit-seeking gun manufacturers and lobbying groups that help bankroll their political campaigns.
"Every time you vote for a lawmaker who opposes gun safety, you're voting for policies that make it more likely your loved one will be slaughtered," Shannon Watts, founder of the gun control advocacy group Moms Demand Action, said late Monday, pointing to other recent shootings in Des Moines, Iowa and Baton Rouge, Louisiana.
"Every time you vote for a lawmaker who opposes gun safety, you’re voting for policies that make it more likely your loved one will be slaughtered."
According to the Gun Violence Archive, 39 mass shootings have taken place across the United States this month alone, leaving 70 dead and dozens more injured.
"What kind of country are we going to be?" Rep. Jamie Raskin (D-Md.), the top Democrat on the House Oversight Committee, asked late Monday. "This is a national emergency and Congress must act this week."
But with Republicans in control of the House and the Senate closely divided, any substantial legislative action on gun violence is unlikely.
Last year, in the wake of a massacre at an elementary school in Uvalde, Texas, President Joe Biden signed into law a bipartisan measure that includes expanded background checks and incentives for states to enact red flag laws. Gun control advocates slammed the bill as "crumbs" and demanded much more—from universal background checks to a ban on assault weapons.
On Monday, a group of Democratic lawmakers introduced legislation that would "ban the sale, transfer, manufacture, and importation of military-style assault weapons and high-capacity magazines and other high-capacity ammunition feeding devices."
"It is far past time to reenact an assault weapons ban and get these weapons of war out of our communities," Rep. David Cicilline (D-R.I.) said in a statement. "We passed the assault weapons ban in the House last year with bipartisan support, which was then blocked by Senate Republicans. We need to come together to enact this commonsense, effective, and proven policy to reduce gun violence and save lives."
"I do hope this triggers outrage. I do hope that this triggers action, I do hope that this triggers additional investigation with real subpoena powers," producer Amy Herdy said.
The surprise premiere of a documentary revealing "shocking new allegations" of sexual crimes committed decades ago by U.S. Supreme Court Justice Brett Kavanaugh sparked new calls on Monday for Senate and Justice Department investigations.
Doug Liman's Justice premiered Friday as a last-minute addition to the lineup of the Sundance Film Festival in Park City, Utah. According to Free Speech for People, the film "includes important new details about specific allegations of sexual misconduct by Kavanaugh" and "also reveals disturbing new evidence of misconduct by Kavanaugh and his associates" surrounding the right-wing justice's 2018 Senate confirmation hearings.
This includes "evidence that Kavanaugh may have knowingly perjured himself" and that the justice's associates engaged in what his friend referred to as "a cover-up."
Kavanaugh—the second of three right-wing justices appointed to the nation's highest court by then-President Donald Trump—was accused of sexually assaulting Christine Blasey Ford, who is now a Stanford professor, when they were in high school. Kavanaugh also allegedly exposed himself without consent to Deborah Ramirez, a Yale classmate, during a college party. He has denied both allegations.
Justice producer Amy Herdy said during a post-premiere Q&A in Park City: "I do hope this triggers outrage. I do hope that this triggers action, I do hope that this triggers additional investigation with real subpoena powers."
To that end, Free Speech for People wrote to U.S. Attorney General Merrick Garland as well as to Senate Judiciary Committee Chair Dick Durbin (D-Ill.) and Ranking Member Chuck Grassley (R-Iowa) seeking a probe of Kavanaugh based on details in the film.
"Some of these details were sent to the FBI during its brief, compressed investigation into similar allegations during Kavanaugh’s 2018 confirmation hearings, although the FBI did not follow up or interview the relevant witnesses," the group said Monday in a letter to the senators.
\u201c\ud83d\udea8BREAKING:\nWe're calling for immediate and thorough investigations into new details about specific allegations of sexual misconduct by U.S. Supreme Court Justice Brett Kavanaugh.\n\nLearn more below. #InvestigateKavanaugh\nhttps://t.co/wNYucNq0qU\u201d— FreeSpeechForPeople (@FreeSpeechForPeople) 1674511547
The letter states:
Most disturbing, however, is new evidence of conduct by Kavanaugh and his associates (perhaps even before his accusers came forward) concerning the 2018 Senate hearing itself. For example, the film shows a 2018 text message discussion amongst mutual acquaintances of Kavanaugh and Deborah Ramirez, regarding Ramirez's soon-to-be-public allegations that Kavanaugh had exposed himself to her. According to the text messages shown in the documentary, Kavanaugh asked a mutual friend to go on the record to defend him. Another friend referred to it as "a cover-up." This indicates consciousness of guilt—and therefore evidence that he may have knowingly perjured himself in the confirmation hearings—and a potential conspiracy to obstruct and defraud the Senate by coordinating a false information campaign.
The Washington Postreports that "the FBI's national press office did not have a comment on the documentary but reiterated that their services in a nomination process are limited to fact-finding and background investigations."
\u201cWithin half an hour of the news getting out that Doug Liman\u2019s documentary "Justice" was added to Sundance, new tips came pouring in. \n\n\ud83d\udcfd\ufe0fFootage will be added. \n\nTakeaways from Sundance\u2019s secret Brett Kavanaugh documentary.\n\nNow do Clarence. #DemVoice1 \n\nhttps://t.co/yNTPT1chqe\u201d— Joan Hussey w/free blue check\ud83e\uded0 (@Joan Hussey w/free blue check\ud83e\uded0) 1674403368
"The scope of the background investigation is requested by the White House," an FBI spokesperson told the Post in a statement. "The FBI does not have the independent authority to expand the scope of a supplemental background investigation outside the requesting agency's parameters."
Speaking about the women who stepped forward to share their stories in the film, director Liman toldThe Guardian: "This was the kind of movie where people are terrified. The people that chose to participate in the movie are heroes."
"This new report not only shows that President Biden's climate goals for the power sector are achievable—but it is among the first to lay out how we can actually get there," said one advocate.
A pair of green groups on Monday released a report detailing how U.S. President Joe Biden can work toward his goal of 100% clean electricity nationwide by 2035.
The roadmap from Evergreen Action and the Natural Resources Defense Council (NRDC) comes after Biden last year signed into law the Inflation Reduction Act (IRA) following a bitter battle in Congress. While elements of the legislation alarmed climate campaigners, they welcomed that it contained about $370 billion in climate and energy investments.
"This new report not only shows that President Biden's climate goals for the power sector are achievable—but it is among the first to lay out how we can actually get there," said NRDC president and CEO Manish Bapna in a statement.
"There is no time for half-measures or delay."
"We don't need magic bullets or new technologies," Bapna stressed. "We already have the tools—and now we have a roadmap. If the Biden administration, Congress, and state leaders follow it, we will build the better future we all deserve. There is no time for half-measures or delay."
While the Inflation Reduction Act is a positive step, new modeling in the report shows that "the U.S. must take further action to meet its clean energy goals this decade," the publication states. "The IRA's investments are projected to increase carbon-free electricity in the U.S. from approximately 40% in 2022 to 66% clean power by 2030. This falls short of the 80% target that's consistent with the path to 100% clean electricity by 2035."
The legislation "is also estimated to help cut economy-wide greenhouse gas (GHG) pollution to 40% below 2005 levels by 2030—an important step, but short of America's 50-52% commitment under the Paris agreement," the report adds.
To deliver on Biden's climate pledges, the report urges U.S. policymakers to:
"The IRA was a pivotal moment for climate action in the United States, but it is not mission accomplished for the Biden climate agenda," said Evergreen Action power sector policy lead Charles Harper. "President Biden committed to the most ambitious set of climate goals in American history—including getting us to 100% clean power by 2035 and slashing 2005 climate pollution levels in half by 2030."
"Important progress has been made, but President Biden must take bold action this year in order to deliver on those commitments," Harper continued. "By ramping up its work to transition the U.S. economy toward 100% clean energy, the Biden administration and state leaders can reduce toxic pollution, cut energy costs, create good jobs, and advance environmental justice. Let's get to work."
\u201cSounds like a plan!\nhttps://t.co/xntJf0KeDt\u201d— Sunrise Movement \ud83c\udf05 (@Sunrise Movement \ud83c\udf05) 1674504864
Although further progress could be hampered by Republicans controlling the U.S. House of Representatives, advocates are emphasizing the importance of the president and other supporters of climate action not wasting the remainder of his first term.
Evergreen co-founder and senior adviser Sam Ricketts, who co-authored the report, toldThe Washington Post that "it's really incumbent upon the administration to use these next two years to make important progress on cleaning up the power sector."
Ricketts plans to join Bapna, Sen. Tina Smith (D-Minn.), the NRDC's Lissa Lynch, and University of California, Santa Barbara professor Leah Stokes for a Tuesday afternoon presentation of the new report.