G20

Fossil Fuel Production Subsidies Rose To Record Levels In G20 Countries

October 26, 2022 Olivia Rosane, EcoWatch. Educate! Climate Change, climate crisis, Environment, G20

The report found that, not only had emissions rebounded in these countries following the coronavirus pandemic, but fossil fuel subsidies had reached record levels. “Too much public finance for energy in the G20 is still skewed towards the fossil fuel industry. Sixty three percent of G20’s public finance for energy went to fossil fuels in 2019-2020,” ODI senior research fellow and report finance lead Ipek Gençsü said, as BusinessGreen reported. “Last year, the G20 reaffirmed its 2009 commitment to ‘phase out and rationalise, over the medium term, inefficient fossil fuel subsidies,’ but I think we can safely say we are now in that ‘medium term’ and it’s clear the G20 has failed to deliver, instead continuing to use public funds to distort the market in favour of fossil fuels.”

On Ukraine, The World Majority Sides With Russia Over US

April 29, 2022 John V. Walsh, Popular Resistance. Educate! China, G20, Multipolar World, Russia

2014 saw two pivotal events that led to the current conflict in Ukraine. The first, familiar to all, was the coup in Ukraine in which a democratically elected government was overthrown at the direction of the United States and with the assistance of neo-Nazi elements which Ukraine has long harbored. Shortly thereafter the first shots in the present war were fired on the Russian-sympathetic Donbass region by the newly installed Ukrainian government. The shelling of the Donbass which claimed 14,000 lives has continued for 8 years, despite attempts at a cease-fire under the Minsk accords which Russia, France and Germany agreed upon but Ukraine backed by the US refused to implement. On February 24, 2022, Russia finally responded to the slaughter in Donbass and the threat of NATO on its doorstep.

G20 Pushes Ahead On Global Tax Deal

July 12, 2021 Nick Beams, World Socialist Web Site. Educate! Finance and the Economy, G20, Taxes

The finance chiefs of the G20, representing the world’s largest economies, have signed off on a deal crafted with the aim of preventing multinational companies shifting profits to low-tax havens. Under the agreement, there will be a global minimum tax of 15 percent on corporations. New rules will be developed so that large corporations, including tech giants such as Amazon and Google, will pay taxes in the countries where they obtain revenue, even if they have no physical presence there. The deal was endorsed at the meeting of G20 finance ministers and central bankers held in Venice over the weekend. Whether it is enacted remains to be seen. There are still several lower-tax countries that have refused to sign, including European Union members, Ireland and Hungary.

G20: You Can Smell Tear Gas In The Streets As The Oil Industry Squabbles

December 6, 2018 Globetrotter, Independentmediainstitute.org Educate! Class Struggle, G20, Oil, Tear Gas

Last week, two important meetings took place—one, in Buenos Aires, Argentina, of the Group of 20 (G20) nations, and two, in Vienna, Austria, of the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers. The two meetings did not produce any resolution to the major economic challenges in the world. But they did soothe the nerves of financial markets. At the G20, the United States and China dialed down the temperature over trade but did not settle the long-term grievances each side has of the other. At the OPEC+ meeting, Russia and Saudi Arabia agreed to cut production and raise the price of oil despite pressure from the United States and others to keep oil prices low.

Mothers Of Argentina’s Disappeared March Against G20

November 30, 2018 Amy Booth, Aljazeera.com Resist! Argentina, G20

Buenos Aires, Argentina - Every Thursday since 1977, a group of women march around the Plaza de Mayo, the square in the Argentine capital Buenos Aires, where the presidential palace is located. Their demand? The return of their disappeared children. Tens of thousands of people were forcibly disappeared during Argentina's last dictatorship (1976-1983). Many have been confirmed dead, the whereabouts of others remain unknown. On Thursday, the group marched again, for the 2,120th time, reiterating their demand as world leaders arrived in the city for the G20 summit. "There are places here where children don't have bread or meat, and the politicians are busy worrying about taking each other's jobs," Hebe de Bonafini, president of the Mothers of Plaza de Mayo Association, said of the upcoming summit.

G20 Prepares For Protests Against Economy For The Rich

November 29, 2018 By Hernan Porras Molina, Entorno Inteligente Resist! Anti-capitalism, G20

Deployment of some 24,000 security agents, areas closed even to pedestrian traffic, total interruption of the metro system and trains, Buenos Aires looks like an armored city and with the nerves of tip before the imminent arrival of the leaders of the G20. The US delegation brings some 800 troops to Buenos Aires eight Air Force aircraft, with civil and military crew. The Argentine press speculates even with the arrival of an aircraft carrier.

Argentina: Protests Against IMF As G20 Ministers Convene

July 23, 2018 Staff, Telesurtv.net Resist! Argentina, G20, IMF, Protests

IMF chief Christine Lagarde praised the economic policies promoted by president Macri and rejected by vast sectors of Argentine society. Argentines welcomed International Monetary Fund (IMF) chief Christine Lagarde, who arrived Friday in Argentina for a G20 summit, with protests and roadblocks in Buenos Aires. Social movements, students, opposition political parties, and workers’ unions mobilize to reject the IMF once more. The government of president Mauricio Macri requested a stand-by loan in May in the midst of a rapid devaluation of the Argentine peso. In June the IMF approved a US$ 50 billion loan, which was rejected by many groups in Argentina that associate the IMF’s return with an impending economic and financial crisis, like the one that ravaged the South American nation in the early 2000s.

Report: G20 Countries Set To Invest Over $1.6 Trillion In ‘Fossil Gas,’ Jeopardizing Paris Climate Goals

June 20, 2018 Matt Maiorana, Priceofoil.org Educate! Climate Change, Fossil Fuels, G20

This report is one of two reports published simultaneously that question the ongoing push for expanding fossil gas production in G20 countries. This report, ‘Debunked: The G20 Clean Gas Myth,’ focuses on fossil gas development in the G20 and debunking the myth of fossil gas as a clean transition fuel. It is published by Oil Change International and available at: http://priceofoil.org/debunked-g20-clean-gas-myth The partner report, ‘Debunked: The Promise of Argentina’s Vaca Muerta Shale Play,’ published by Greenpeace in Argentina, focuses on the myths surrounding the development of shale gas in Argentina, particularly the Vaca Muerta shale play.

Resistance Report: G20 And Pipelines

July 14, 2017 Eleanor Goldfield, www.popularresistance.org Resistance Report Banking and Finance, G20, Oil and Gas, Pipelines

By Eleanor Goldfield for Act Out! The G20 has historically been a meeting of bankers and finance ministers. Indeed, it wasn’t until 2008 that the first summit was held in Washington, DC as the global financial crisis pressed world leaders to at least make it look like they cared about the fate of millions. Today, the G20 is basically a vapid soiree where the G7 and BRICS nations shake hands, smile for the camera, take in a concert and essentially change nothing but time zones. Camp White Pine is a forest defense camp currently engaging in a large scale tree-sit in central Pennsylvania in order to combat the Mariner East 2 Pipeline. This 350+ mile long proposed pipeline would carry natural gas liquids through Ohio, West Virginia and Pennsylvania to an export facility on the east coast.

G20 In Hamburg – Pathetic

July 13, 2017 Staff, www.natwiss.de Educate! Capitalism, G20, Germany

By Staff of NatWiss - One day after and some rest one may finally ask the question what did the summit achieve for whom politically? This is the attempt approaching the reality of the G20 summit. It will name the deeply undemocratic and aggressive behavior of the police, the impressive and courageous protest, and the outstanding demonstration of the 76,000 as well as the condemnable actions of the criminal mob. We will learn how many provocateurs were involved. An independent commission is highly needed. What were the political and material results of the G20 summit? The costs: the official costs of 130 Million Euros have long been exceeded. The figure of 300 Million Euro is closer to the reality.

G20 Protestors Call For An Alternative To The Neoliberal Order

July 12, 2017 Patrick Bond, www.therealnews.com Resist! G20, Neoliberalism, Protests

By Patrick Bond for The Real News Network - On July 7th and 8th, the G20, a grouping of the world's 20 largest economies, concluded a summit in Hamburg, Germany. At the conclusion of the summit, G20 leaders issued a 15 page declaration. Nineteen of the 20 leaders were able to agree on all points made in the joint declaration, but Donald Trump could not agree with the other G20 leaders on the climate change language. So the G20 broke with tradition and crafted a separate paragraph on Trump's stance on the Paris Climate Accord and fossil fuels. That paragraph stated - quote - "We take note of the decision of the United States of America to withdraw from the Paris agreement. The leaders of the other G20 members state that the Paris Agreement is irreversible." And it went on to state, "We reaffirm our strong commitment to the Paris agreement." The U.S. also managed to insert, however, a piece of text referencing fossil fuels which read - quote - "The United States of America states it will endeavor to work closely with other countries to help them access and use fossil fuels more cleanly and efficiently." German leader, Angela Merkel, said she deplored the decision by the U.S. government to withdraw from the Paris Climate Accord, but she reiterated that all the G20 states other than the United States agree that the Accord is irreversible.

G20 Violence Prompts Calls For New Curbs On Anti-Capitalist Militants

July 11, 2017 Kate Connolly, www.theguardian.com Resist! Europe, G20, Left Politics, Repression

By Kate Connolly for The Guardian - Allies of the German chancellor, Angela Merkel, have called for new curbs on leftwing extremists, including a Europe-wide register, after her decision to hold the G20 world leaders’ summit in Hamburg ended in violent clashes and injuries to nearly 500 police officers. The cost of the damage has not yet been established but is expected to run into millions of euros. Merkel, who faces a parliamentary election on 24 September, has said that Hamburg residents who suffered damage will be properly compensated. Olaf Scholz, the mayor of Hamburg, meanwhile faced calls for his resignation over accusations he had mismanaged the summit. Hundreds of anti-capitalist militants descended on the city torching cars, looting shops and throwing molotov cocktails. The violence dominated German media coverage of the event, which also featured the first meeting between Donald Trump and Vladimir Putin. The German justice minister, Heiko Maas, of Merkel’s SPD coalition partners, said the federal government would put more money into preventing leftwing extremism as he pledged that no German city would ever have to host a world leaders’ summit again. He told the tabloid Bild that the G20 had shown the reality of experts’ assessments that “Germany has reached a historic high point in terms of politically-motivated violence”.

G20 Is Desperately Trying To Save A Failed World Order

July 10, 2017 Nick Dearden, www.aljazeera.com Create! G20, New Economy, Ruling Class

By Nick Dearden for Aljazeera - The Hamburg G20 might go down in history as the moment the international elite just couldn't hold it together any longer. For years, leaders of the most powerful countries have come together to cooperate on how to run the world: the G6, G7, G8, G20. Their watchword was stability. Holding it together was far preferable to allowing an international free for all. Agreeing among themselves was preferable to cooperating with small, poor and troublesome nations at the United Nations. That's why they invented this system of global policymaking. But the global elite has fractured. In the run-up to the Hamburg G20, the talk was of the global strongmen who had taken centre stage, for whom diplomacy was simply war by other means. The power of Trump, Putin, Erdogan and their ilk derives from a form of nationalism that believes global rules are for the weak. The G20 came to prominence in 2008 after the financial crash meant the richest G8 countries needed the wealth of emerging nations to stabilise the world economy. The likes of Saudi Arabia and Turkey were granted a seat at the table. In London in 2009, they patted themselves on the back on a jobwell done. But their reforms were too timid, too beholden to the free-market ideology that caused the crash in the first place. Today that crash haunts this G20 like a ghost that won't be exorcised.

Newsletter: Power Dynamics Changing In World Order

July 9, 2017 Kevin Zeese and Margaret Flowers, www.PopulaResistance.org Newsletter China, Climate Change, G20, Globalization, North Korea, Russia, Syria, Trade, Wars and Militarism

By Kevin Zeese and Margaret Flowers for Popular Resistance. The G-20 summit highlighted a transition in geopolitical power that has been developing for years. The process has escalated in recent months since President Trump took office, but its roots go much deeper than Trump. The United States is losing power, a multi-polar world is taking shape and people power is on the rise. The G-20 bordered on being a G-19, with the US a loner on key issues of climate change, trade and migration. These are some of the biggest issues on the planet. German Chancellor Angela Merkel has been saying lately "We as Europeans have to take our fate into our own hands." This is an indication they no longer see the US as the leader or even a reliable partner on some issues. In a summation of the G-20, Politico writes: "Hamburg will also go down as a further mile marker in Europe’s slow emancipation from the U.S."

The G20 Parade Of Monsters

July 7, 2017 Giuseppe Caccia and Lorenzo Marsili, www.politicalcritique.org Educate! Authoritanism, G20, Protests

By Giuseppe Caccia and Lorenzo Marsili for Political Critique - The turn of the century marked the zenith of globalisation and the golden era of G7-G8 summits. One model seemed fit for all: neoliberal economics and democratic politics. One obvious hegemon was in the room: the United States of America. And one clear ambition charted the course ahead: defining a “new world order” supported by the optimistic claim of a prosperity for all. That picture has blown up. Ten years after the outbreak of the global financial crisis, the snapshot that emerges from the Hamburg G20 summit is one of a global disorder where no clear model, no clear hegemon, and no clear ambition prevails. The failure of the neoliberal model should be evident to all: financial and extractive capitalism has led to increasing inequalities and secular stagnation, decline of the Western middle classes and concentration of wealth on a scale not seen since the belle époque. In the meantime American hegemony is waning and challenged – from Eastern Europe to the South China Sea; the election of Donald Trump to the White House has led even traditional European allies to question the trans-Atlantic special relationship.

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