Shell’s former chair calls fossil fuel divestment ‘rational’

Shell’s former chair calls fossil fuel divestment ‘rational’

Jun 5th, 2015 

by John Donovan. 

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Shell’s former chair calls fossil fuel divestment ‘rational’

By Steve Hargreaves: 4 June 2015

The former chairman of Royal Dutch Shell said selling oil stocks is a “rational” response to the failure of the oil industry to take meaningful action on climate change.

He is the latest to lend support to the growing campaign for investors to dump shares of fossil fuel companies.

“Divestment is a rational approach,” Mark Moody-Stuart was quoted by the Guardian as saying during a recent dinner in London. “If you think your money can be used somewhere else, you should switch it. Selective divestment or portfolio-switching is actually what investors should be doing.”

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Posted in: Alternative Energy, Alternative Fuels, Climate Change, CNNMoney.com, Oil,Royal Dutch Shell Plc, Shell.
Tagged: Global Warming · Mark Moody-Stuart · Royal Dutch Shell Plc · Shell

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What if Congress restored the estate tax to the level it was in the late 1990s?

Dear friend,

To prevent the rise of a new aristocracy, we need to raise the estate tax—a tax on inherited wealth. And we need to do it now.

The richest 1 percent of Americans hold 42 percent of our nation's wealth.¹ We haven't seen this concentration of wealth since the Gilded Age of the late 1800s. Raising the estate tax on the wealthiest Americans is one way to fight back against growing inequality.

Yet some lawmakers in Congress actually want to eliminate the tax on inherited wealth.

Well, that's just crazy.   What if Congress restored the estate tax to the level it was in the late 1990s? Watch Raise the Estate Tax to see how much revenue that would generate, and what that new revenue stream could fund. 

Raise the Estate Tax is the latest in the "Big Picture" series I'm working on with MoveOn. And MoveOn members will campaign together on the ideas that we're all most excited about.

If you believe we need to tackle growing inequality—and we need to do it now—you won't want to miss watching and sharing this video.

Thanks for all you do.

–Robert Reich

P.S. This is the eighth idea in our "Big Picture" series. In case you missed the first seven, once you've watched Raise the Estate Tax, be sure to check out the rest of the videos. Remember, by watching and then sharing individual "Big Picture" videos, you're showing that you're excited about a particular idea—which will help us hone in on what to work on in the coming months.

Source:

1. "How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans," Think Progress, October 3, 2011
http://www.moveon.org/r?r=304637&id=118938-19913724-VSBzoJx&t=2 

The TRUTH will set you FREE.

What if Congress restored the estate tax to the level it was in the late 1990s?

Dear friend,

To prevent the rise of a new aristocracy, we need to raise the estate tax—a tax on inherited wealth. And we need to do it now.

The richest 1 percent of Americans hold 42 percent of our nation's wealth.¹ We haven't seen this concentration of wealth since the Gilded Age of the late 1800s. Raising the estate tax on the wealthiest Americans is one way to fight back against growing inequality.

Yet some lawmakers in Congress actually want to eliminate the tax on inherited wealth.

Well, that's just crazy.   What if Congress restored the estate tax to the level it was in the late 1990s? Watch Raise the Estate Tax to see how much revenue that would generate, and what that new revenue stream could fund. 

Raise the Estate Tax is the latest in the "Big Picture" series I'm working on with MoveOn. And MoveOn members will campaign together on the ideas that we're all most excited about.

If you believe we need to tackle growing inequality—and we need to do it now—you won't want to miss watching and sharing this video.

Thanks for all you do.

–Robert Reich

P.S. This is the eighth idea in our "Big Picture" series. In case you missed the first seven, once you've watched Raise the Estate Tax, be sure to check out the rest of the videos. Remember, by watching and then sharing individual "Big Picture" videos, you're showing that you're excited about a particular idea—which will help us hone in on what to work on in the coming months.

Source:

1. "How Unequal We Are: The Top 5 Facts You Should Know About The Wealthiest One Percent Of Americans," Think Progress, October 3, 2011
http://www.moveon.org/r?r=304637&id=118938-19913724-VSBzoJx&t=2 

The TRUTH will set you FREE.

Bernie Sanders Wants to Win Over the "Run Warren Run" Movement

 By Zeeshan Aleem  June 04, 2015

The "Run Warren Run" campaign announced Tuesday it will suspend its efforts to draft Sen. Elizabeth Warren (D-Mass.) into the 2016 presidential race, whose constant insistence that she has no interest in running for president seems to have finally taken hold. And Sen. Bernie Sanders (I-Vt.) is already showing signs he wants to recruit the campaign's 365,000 supporters into backing his own bid for the Democratic presidential nomination.

On Tuesday, Sanders called the executive director of Democracy for America, which partnered with MoveOn to oversee the Run Warren Run campaign, after it announced its decision to suspend operations. News of the call was first reported by the Hill, which noted that neither front-runner Hillary Clinton nor former Maryland Gov. Martin O'Malley had been in touch with the group.

Sanders "congratulated DFA members and the whole team on what we did with the Run Warren Run campaign — not just building this campaign to get Warren in the race, but building a movement of folks around the country who are committed to seeing Warren's populist progressive message at the very center of the 2016 debate," Neil Sroka, Democracy for America's communications director, told Mic.

Sanders' appeal as a presidential candidate has tripled in recent months in the crucial caucus state of Iowa, but in order to close the daunting gap between himself and Clinton he will need considerable organizational firepower — undoubtedly something that was on his mind when he reached out to Democracy for America. At the moment, the group is making no commitments. The Sanders campaign declined to comment when reached by Mic.

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Bernie Sanders Rips Republicans For Cutting Social Security For 1 Million Disabled Veterans

Bernie Sanders Rips Republicans For Cutting Social 
Security For 1 Million Disabled Veterans

By: Jason Easley  Friday, January, 16th, 2015, 1:23 pm

At a press conference today, Sen. Bernie Sanders (I-VT) shredded the Republican budget plans while taking Republicans to task for cutting Social Security benefits for 1 million disabled veterans.

During the press conference, Sen. Sanders said:

I must say that the budget passed last year by the Republican House which called for massive cuts in Medicare,Medicaid, education, nutrition, affordable housing, and other programs impacting the lives of working Americans, while providing huge tax breaks for the wealthy and large corporations, is a budget approach which moves us in exactly the wrong direction. And, needless to say, I will do everything that I can to oppose a similar type of budget if that is what the Republicans will be proposing this year.
….

So, here we are. The middle class is in decline. Millions of seniors are struggling to pay for their food, their medicine and their heat. On the very first day of Congress, the Republicans in the House made a change in its rules that could lead to a 20 percent cut in Social Security disability benefits for 11 million Americans, including 2 million children, over a million veterans, and over 150,000 surviving spouses. In other words, in the midst of massive wealth and income inequality, the Republicans want to make massive cuts in a program that benefits some of the most vulnerable people in this country.

….

Let’s be clear, what the Republican plan is. What they are saying is that either there will be cuts to the disability program, or if that fund is to be replenished, the money will have to come from cuts to Social Security retirement benefits. And, House Budget Chairman Price is already talking about including Social Security cuts in the Budget Resolution that he will be writing. Needless to say, that is totally unacceptable. When we talk about Social Security today what we should be talking about is expanding benefits not cutting benefits. And, I and other members of the Senate are working on legislation to do just that. And, at a time when multimillionaires pay the same amount of money into the Social Security Trust Fund as someone making $118,500 that cap on taxable income must be raised.READ MORE

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The Real Fault of San Andreas Is How It Maligns Californians

The Real Fault of San Andreas Is How It Maligns Californians Joe Mathews: Even this jaded journalist was shaken by the cynicism in Hollywood's latest disaster movie. READ MORE shared from

FRIDAY, 5 JUNE 2015 What Kind of Mayor Was Bernie Sanders? Peter Dreier and Pierre Clavel: In his eight years as mayor of Burlington, Vermont, Bernie Sanders revitalized the economy and solidified support for progressive municipal policies. READ MORE Friend on Facebook Follow on Twitter Forward to a Friend Ending Solitary Confinement for Youth Angela M. Chung:Rosemary, a trauma survivor with a history of depression and suicide attempts, was placed in solitary confinement for six weeks before her suicide. She repeatedly asked to see her counselor but was ignored. READ HERE Celebrating New Surveillance Program Too Soon Norman Solomon: Has Congress just created sweeping new authorities for the government to conduct unconstitutional mass surveillance of Americans? READ MORE The Real Fault of San Andreas Is How It Maligns Californians Joe Mathews: Even this jaded journalist was shaken by the cynicism in Hollywood's latest disaster movie. READ MORE What's Up (or Down) with Pacifica? Grace Aaron: For over 60 years, Pacifica stations have spoken out bravely on issues that are controversial, challenge corporations and political parties, and give voice to ideas outside of the mainstream. READ HERE

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Republican Nightmare Bernie Sanders Exposes GOP Social Security Killing Dreams on National TV

Republican Nightmare Bernie Sanders

Exposes GOP Social Security Killing Dreams 

on National TV

By: Jason Easley

more from Jason Easley

Thursday, June, 4th, 2015, 3:23 pm

Bernie Sanders is becoming a daily nightmare for Republicans. Sen. Sanders went on CNN today and cut through the Republican double talk by letting the entire country know the GOP plan for killing Social Security.

On CNN’s Wolf, Sanders said, Look, what Perry and these other guys are talking about, this is the decade-long attack on Social Security by the Republican Party. They want to privatize it eventually. They want to make cuts. We have millions of seniors struggling twelve, thirteen, fourteen thousand dollars a year. I will not accepting cutting Social Security.”

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Shell V-Power NiTRO+ ignites memories of past Shell wonder fuel debacles

Shell V-Power NiTRO+ ignites memories of past Shell wonder fuel debacles

Jun 4th, 2015 

by John Donovan. 

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I remember the launch of another wonder fuel by Shell in 1986, “Formula Shell”, based on new technology and with a scientific image deliberately conjured up by Shell. There was only one small problem. The new wonder fuel ruined many car engines and it did so on an international basis.

COMMENT RECEIVED FROM A REGULAR CONTRIBUTOR… John, You have omitted to mention the details of the magic ingredient in “Formula Shell” that improved combustion and destroyed engines. It was nothing other than the chemical NaCl or Sodium Chloride, perhaps better known as common salt….

By John Donovan 

In a fanfare of pr, marketing, promotions and advertising hype,Shell has introduced another new wonder fuel in the USA. 

This time round, the new fuel is called Shell V-Power NiTRO+. 

THE HYPE

The major oil company said the fuel, which replaces its V-Power premium gasoline in the United States, is its “most technically advanced premium” fuel, formulated to protect engines from wear, corrosion and carbon-deposit buildup.

“New Shell V-Power Nitro+ Premium Gasoline isn’t just a breakthrough for Shell; it’s an industry breakthrough in fuels technology,” said Elen Phillips, vice president of Shell Americas fuels sales and marketing.

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Posted in: Royal Dutch Shell Plc.
Tagged: Royal Dutch Shell Plc · Shell · Shell V-Power NiTRO+

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Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister

Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister

Jun 3rd, 2015 

by John Donovan. 

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Shell CEO Discusses $2 Billion Debt Payment With Iran Oil Minister

Royal Dutch Shell Plc CEO Ben van Beurden. PHOTO: BLOOMBERG NEWS

By BENOÎT FAUCON: June 3, 2015 

VIENNA— Royal Dutch Shell PLC said Wednesday it was discussing the repayment of an outstanding debt of over $2 billion with Iran when international sanctions are lifted.

Write to Benoît Faucon at benoit.faucon@wsj.com

SOURCE

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Posted in: Ben van Beurden, Iran, Royal Dutch Shell Plc.
Tagged: Ben van Beurden · Iran · Oil · Royal Dutch Shell Plc · Shell

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