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Them & us
Subsidies for fossil fuel billionaires...
Despite the EU, G20 and various governments pledging to phase out subsidies to fossil fuel companies, the total given to coal, oil and gas across the EU remains the same as in 2008.
Britain leads the way according to a report from the European commission, doling out £10.5 billion in support of fossil fuels - over £3 billion more than it spends on renewable energy.
France, the Netherlands, Sweden and Ireland all also gave more to fossil fuels. And even countries that didn't - like Germany - still subsidised fossil fuels to the tune of billions of Euros.
...sea level rises for the billions
At the same time as fossil fuel companies rake in billions, climate change is already costing ordinary people around the world huge sums of money, as forest fires, landslides and other related disasters destroy homes and lives.
And the threat from rising sea levels is only getting worse.
The scale of ice loss has increased four-fold since 2003. A recent study has revealed that Greenland's ice is melting faster than previously thought, causing sea levels to rise.
Enormous glaciers are depositing ever bigger chunks of ice into the Atlantic. The ice Greenland lost between 2002 and 2016 was enough to raise the worldwide sea level by 0.03 inches annually. If all of Greenland's vast ice sheet, 3 kilometres thick in places, was to melt, global sea levels would rise by more than 20ft, drowning most coastal settlements.
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Finance appeal
The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.
The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.
The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.
- The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
- When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our Fighting Fund.
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