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COUP POLITICS--The year 2020 will be remembered in history for a deadly pandemic and a deep economic crisis that touched almost every country on earth. Hopes for a brighter 2021 were one of the few things most people could agree on.  But just six days into the new year, these hopes were rudely shattered by images of far-right white supremacists, incited by an aspiring autocrat refusing to admit his electoral defeat, storming the Capitol in an attempt to overthrow the election.  This fascist putsch was implicitly supported by some elected leaders, including GOP members of Congress who contin...

Help Save People's World The economic crisis has hit People's World hard. We need the support of all our friends and readers to continue publishing. Oil, gas, and coal behind far right and white supremacist politics January 21, 2021 11:45 AM CDT By Basav Sen Far right white supremacist politicians like GOP Sen. Josh Hawley, seen here saluting Trump insurrectionists before they overran the Capitol, take money from the fossil fuel industry. | AP The year 2020 will be remembered in history for a deadly pandemic and a deep e...

Basav Sen Basav Sen directs the Climate Justice Project at the Institute for Policy Studies. He provides research and analytical support for just, effective climate policy, particularly in the United States. LATEST ARTICLES BY Basav Sen Opinion

As the world’s climate shifts, the shape of our future becomes more and more uncertain. However, Wall Street is poised to make a profit out of this uncertainty, by allowing water to be traded just like any other commodity. The ‘water market’ — the first of its kind in the world — launched last month on the Chicago Mercantile Exchange, according to Bloomberg News. All in all, it opened at roughly $1.1 billion in contracts tied to water prices in California. Trading water “Climate change, droughts, population growth, and pollution are likely to make water scarcity issues and pricin...

Wall Street has just found a way to profit from California's water scarcity.