Finite Resources: land grabs – is it all about oil?

As we humans covet what fossil fuels still lie in the ground, we literally battle to obtain them, no matter what doom laden messages COP28 might proclaim about incurring a planet on fire. Apparently we are now ‘transitioning’ away from oil, yet investing heavily in locating it wherever it lies.

You don’t have to look far to find world banks are funding this race to exploit every opportunity to obtain supplies of gas, oil and even coal.

The following is from a protesting campaign group:

Yet JPMorgan Chase, Citi, and Bank of America are carrying on with business as usual, pumping trillions into dirty energy even AFTER they promised to slash emissions. The companies they shower with loans, investments, and insurance are responsible for 71% of all greenhouse gas emissions.

If banks just defunded fossil fuels, it could literally reset our global economy – and the fight against climate change.

And here are some links to journalistic coverage of banking activity in this area:

https://www.bbc.co.uk/news/business-60366054

https://www.theguardian.com/environment/2022/sep/28/worlds-central-banks-financing-destruction-of-the-rainforest

It seems to me, if we follow the money, that all the intense misery of climate change disasters brought on by excessive emissions are clearly a plan of action of oil producers working with the banking industry. All leaders of the world appear to be complicit, no matter how many pledge to reduce emissions. All wars, all land grabs are surely just a mighty push to keep the wheels of industry turning despite knowing we are accelerating the end of our existence on this earth.

I cannot help but view world events in this way. An example is Gaza:

I read this 2019 article (link below) and it made me think maybe, just maybe, all the death and misery today in Gaza and the West Bank is really to allow Israel and Egypt, but not Palestinians, clear access to the oil being drilled in the Mediterranean:

Discoveries of natural gas reserves in the Mediterranean Sea around Egypt, Cyprus, Israel and Greece are shaking up Europe’s energy politics. Traditionally, Russia has been Europe’s main supplier of gas, giving it significant influence over Europe. But this influence is under threat from various gas discoveries in the eastern Mediterranean and a tussle is taking place to control the region’s resources. Here are the key players:

https://theconversation.com/five-countries-in-the-eastern-mediterranean-are-shaking-up-europes-energy-map-119619

NB. NOBLE Energy are now Chevron – see

https://www.chevron.com/newsroom/2020/q3/chevron-noble-energy

Shell:

https://www.offshore-energy.biz/shell-finds-gas-in-mediterranean-sea-with-stena-drillship/

And Cyprus is where the original Jews escaping from the horrors they had endured in World War 2, resided – and many still do. See:

https://www.ynetnews.com/article/rywkmgf22

And

https://encyclopedia.ushmm.org/content/en/article/cyprus-detention-camps

So the IDF are pounding the land which will soon to be ‘once Gaza’ and fragmenting what is left of the West Bank, in order that oil will be piped to oil hungry Israel?

They have been given the green light by the US, who have vetoed all calls for a ceasefire. What other reason can there be for this inhumane destruction, for it certainly must be to ensure no Palestinian is given the rights to the oil on their shores!

Isn’t this the action of land grabbing, oil exploiting leaders of the world, just as in the horrific ‘shock and awe’ strikes on the innocents in Iraq?

Is Genocide a deliberate policy of military support in corporate adventures? Is that why it has not been properly addressed since 1948? Is military immunity guaranteed so war crimes no longer get prosecuted?

Is it now about finite resources and a ‘gentleman’s agreement’ to ‘go for broke’ and may the ‘best man win’ until emissions accelerate to the point where all life is incinerated?

Well, a final thought….read this written in 2015 by a group of ‘concerned scientists’ who detail the types of oil extraction now taking place due to the desperate search to keep it supplying the ever greater demand:

https://www.ucsusa.org/resources/all-about-oil

Unknown's avatar

About borderslynn

Retired, living in the Scottish Borders after living most of my life in cities in England. I can now indulge my interest in all aspects of living close to nature in a wild landscape. I live on what was once the Iapetus Ocean which took millions of years to travel from the Southern Hemisphere to here in the Northern Hemisphere. That set me thinking and questioning and seeking answers. In 1998 I co-wrote Millennium Countdown (US)/ A Business Guide to the Year 2000 (UK) see https://www.abebooks.co.uk/products/isbn/9780749427917
This entry was posted in anthropocene and tagged , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.