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Monday, June 18, 2012

Bailout Planet

Every year, governments all over this planet tax their citizens to the tune of $1 Trillion, a massive sum which is then gifted to fossil fuel energy companies. This year, though, some say it's time to stop bailing out these companies, whose main claim to fame is that they are promoting Global Warming.

Jamie Henn writes in Countries Must End Fossil Fuel Subsidies at Rio+20:

It's still unclear if leaders will take the type of bold action necessary, but the push to end fossil fuel subsidies is gaining momentum around the world. On June 18, a dozen major groups -- from World Wildlife Fund to Avaaz -- are taking part in a 24-hour "Twitter Storm" to try and flood the online airwaves with the #endfossilfuelsubsidies hashtag. The coalition may even be within striking distance of taking down Justin Bieber's twitter world record for the most tweets on a single hashtag.

The slogan for the Rio+20 meetings is, "The Future We Want." By next week, we'll know if our politicians have lived up to that promise or once again bought into "The Future Exxon Wants," a world where our tax dollars continue to get sucked up by the world's richest corporations so that they can continue to profit from destroying the planet.