Showing posts sorted by date for query CK Hutchison. Sort by relevance Show all posts
Showing posts sorted by date for query CK Hutchison. Sort by relevance Show all posts

Wednesday, October 29, 2025

 

Panama Canal Begins Process to Select Operator for New Terminals

Panama Canal presentation
Panama Canal presenting its plan for the new container terminals (ACP)

Published Oct 28, 2025 6:09 PM by The Maritime Executive

 

The Panama Canal has launched what is expected to be a year-long process to select the operators for new terminals to be built at each end of the canal. At the same time, the authorities are considering the alternative for the existing terminals, which are operated by Hong Kong’s CK Hutchison and which became embroiled in the geopolitical disputes between China and the United States.

Plans were announced for the potential development of a terminal at each end of the Panama Canal, which the officials said would increase container transshipment capacity by 5 million TEU annually. They position the project as designed to enhance the competitiveness of Panama as an intermodal hub and to increase port capacity, while it also responds to the pressures from the United States. Donald Trump has repeatedly asserted that China controls the Panama Canal.

The Panama Canal Company reports that 22 of the leading companies in terminal operations and major container carriers attended a recent presentation on the plans for the new terminals. Participating were the major terminal operators, including APM Terminals, Cosco Shipping Ports, CMA Terminals, DP World, Hanseatic Global Terminal (HAPAG), MOL, PSA International, SSA Marine-Grupo Carrix, and Terminal Investment Limited (MSC).

Major carriers also attended the presentation. Panama reports that CMA CGM, ONE, Evergreen, Hapag-Lloyd, HMM, Maersk, MSC, OOCL, COSCO, Yang Ming, and Zim were represented. Also present was the Port of Houston.

Panama envisions completing the selection process in the fourth quarter of 2026. It will include a prequalification of the bidders and dialogues with the companies.

They will also be conducting a market and feasibility study for each of the terminals, which would be located in Balboa and Cristobal. The studies will inform the general project plan and ultimately the selection of the concessionaire. They estimate the cost of the two terminals will be $2.6 million.

Panama currently has five terminals, which combined handle more than 9 million TEU annually. However, the focus has been on the two operated by CK Hutchison, which received a 25-year extension of its concession in 2021.

In addition to the political focus on the Chinese-operated terminals, there is a legal challenge pending in Panama’s Supreme Court filed by the country’s attorney general. They assert the concession is illegal because of the no-bid process by which it was awarded. Hutchison has defended its concession, reporting that it is meeting all the obligations and investing in the operations.

Officials of the Panama Canal Company report they are planning for the potential that the concession is voided, in which case they would step in as the interim operator to maintain the supply chain. In this case, they expect a new bidding process would take 12 to 18 months to award a new contract. They, however, hold out the possibility that a deal can still be reached with CK Hutchison, which earlier this year proposed to sell the concession to a partnership led by U.S.-based BlackRock with investment from MSC’s Terminal Investment Limited. Negotiations were underway to save the deal by having COSCO take a position in a new partnership for the terminal portfolio.


With Dredging Complete, Port of Mobile Gets Container Terminal Expansion

APMT Mobile
Courtesy Alabama Port Authority

Published Oct 28, 2025 5:42 PM by The Maritime Executive



Hot on the heels of the completion of Port of Mobile's channel dredging project, Maersk-owned APM Terminals has agreed to build a new 1,300-foot container berth at its facility at the seaport, adding enough room to handle another ULCV alongside. The additional space will leverage the new channel to handle the largest boxships that call in the United States, enhancing Mobile's competitiveness. 

The dredging project formally wrapped up last month, thanks to $366 million in funding from the federal government (secured by former Sen. Richard Shelby) and from the State of Alabama's new gasoline tax fund. The project took the channel to a control depth of 50 feet, making it the deepest on the U.S. Gulf coast, and added a passing lane. The objective was to make Mobile directly competitive with West and East Coast ports that can handle fully-laden post-Panamax boxships on their "first call," when they are drawing up to 50 feet of water. 

APMT's terminal project (and a long list of additional improvements) will enable those port calls at scale. The $131 million project is co-funded by federal dollars, and will allow a total of three large boxships at the terminal at a time. Construction should begin next year and be completed in 2028. Together with other ongoing improvements, the berth will bring AMPT Mobile's nameplate capacity to about 1.4 million TEU per year. 

The firm is also building out a 33-acre container yard expansion, a rail capacity upgrade, and construction of a rail bridge that will set the terminal up for on-dock rail access. All of the work is underpinned by a 20-year lease extension that takes APM's tenure at Mobile out to 2058. 

“This expansion is about more than infrastructure - it’s about cementing Mobile’s position as the Gulf’s premier container gateway,” said Doug Otto, Interim CEO and Director of the Alabama Port Authority. “With the channel deepening complete, a new berth underway, the Phase IV expansion in progress, and APM Terminals’ continued partnership, we’re connecting businesses across Alabama — and across the nation — to global markets faster and more efficiently than ever before.”
 

Wednesday, October 22, 2025

 

China accuses Washington of “bullying” over visa ban threats in Central America

China accuses Washington of “bullying” over visa ban threats in Central America
"By placing domestic laws above international law and its obligations, the US is undermining the legitimate rights and interests of other nations, seriously violating the principles of sovereign equality and non-interference in internal affair," said Foreign Ministry Spokesperson Guo Jiakun. / xinhua
By bnl editorial staff October 22, 2025

China has sharply criticised the United States for its decision to impose visa restrictions on Central American officials and citizens accused of ties to the Chinese Communist Party, describing the move as evidence of American “arrogance and bias."

The US State Department announced last month that it would bar entry to individuals from the region “intentionally acting on behalf of the Chinese Communist Party” or those who “knowingly direct, authorise, fund, provide significant support to, or carry out activities that undermine the rule of law in Central America.” Washington framed the measure as advancing President Donald Trump’s efforts to safeguard America’s economic and national security interests.

Beijing condemned the decision, saying the policy represents political coercion under the guise of the rule of law. At a regular press briefing on November 21, Chinese foreign ministry spokesperson Guo Jiakun said the US was using “illegal actions” disguised as legal tools to pressure regional governments and individuals. The policy, he added, places domestic law above international obligations, undermining sovereignty and “seriously disrupting the international order.”

“The accusations are malicious, baseless, and show a lack of respect for Central American nations,” Guo said, accusing Washington of habitual bullying. He also pledged that “China will always be a good friend and partner to Central American countries” and would continue to promote “development and revitalisation” across the region, as quoted by Chinese state media.

According to the SCMP, tensions escalated after Panamanian President José Raúl Mulino revealed that US embassy officials had threatened to revoke visas for government personnel over Chinese connections. US ambassador Kevin Marino Cabrera responded that “a visa is a privilege, not a right,” and defended the restrictions as consistent with American law.

Cabrera later described China’s growing role in the Panama Canal as “malign,” claiming Beijing was “fooling Latin America with its investments,” in comments to local outlet Contrapeso Panamá. The remarks came as Panama moved to renegotiate agreements with Hong Kong-based CK Hutchison’s Panama Ports Company, which controls two major terminals on the canal.

Panama, under US pressure, pulled out of China’s flagship Belt and Road Initiative infrastructure programme earlier this year. Meanwhile, the visa crackdown has already affected other regional figures. As reported by the SCMP, Vanessa Castro, vice-president of Costa Rica's Congress, claimed that US officials had cancelled her visa last July on the grounds of alleged ties to Beijing.

China’s influence in Central America has expanded dramatically in recent years, with several countries shifting diplomatic recognition from Taiwan to Beijing and joining the BRI. Notably, Guatemala remains the only country in the region maintaining diplomatic relations with Taiwan rather than the People's Republic of China.




Friday, August 08, 2025

 

Coscso Seeks 20% of Hutchison Deal as US Calls for Ouster from Panama

Panama Canal
U.S. Ambassador Cabrera visiting the Panama Canal earlier this year (US Embassy photo)

Published Aug 8, 2025 11:19 AM by The Maritime Executive

 


The political “tug-of-war” surrounding controls of the port terminals at the Panama Canal and CK Hutchison’s larger portfolio of 41 port operations worldwide continues with China exerting pressure and the U.S. reiterating its position to end the Panama concession. CK Hutchison confirmed last month that talks were ongoing and that a Chinese company would be invited into the discussions after the lockup period on the original deals expired in late July.

China’s Cosco, which is already a large port operator, is seeing at least a 20 to 30 percent share of the deal, according to a new report in today’s Financial Times. The paper cites two unnamed sources that said China has only permitted Cosco to enter the talks to maintain its leverage over the deal. China has made it clear that its position is that a Chinese company must be part of the deal to protect Chinese trade interests.

The Financial Times says several options are being discussed, including the possibility that Cosco would participate in the one deal that acquires Hutchison’s 41 global ports outside China and excluding the two terminals in Panama. The original agreement set parallel deals, one for the 41 ports, which is believed to be led by MSC’s Terminal Investments (TiL), while the second deal, led by BlackRock and with MSC as a minority investor, would acquire the Panama Ports Company, which operates the terminals in Balboa and Cristobal under long-term concessions.

Donald Trump had hailed the deal in March, saying it was returning the Panama Canal to the United States. A friend of the CEO of BlackRock, Larry Fink, Trump said the American company was acquiring many ports. Since then, the U.S. has remained largely quiet on its views of the deal.

U.S. Ambassador to Panama Kevin Marino Cabrera, on Wednesday, August 6, however, spoke out against CK Hutchison. He supported the legal actions taken by Panama’s Comptroller General to void the concession. He said that the U.S. was “excited” that Hutchison would soon be no longer operating the ports in Panama.

“Our position is that they are a bad operator; they haven't done a good job,” Cabrera told reporters during an event in Colon. “They are a company of the Chinese Communist Party…  We are excited that those ports will soon be out of operation, and that good operators willing to contribute to the Panamanian people will come to the country.”

The Panama Ports Company dates to 1997 and was set up with CK Hutchison holding 90 percent, with Panama owning 10 percent. The company’s concession was renewed for an additional 25 years in 2021 in what is now a contested process.

Cabrera asserted that the Panama Ports Company (PPC) has not honored its agreements and owes Panama money. He also linked the company to the Communist government, although Hutchison is based in Hong Kong. Founder, Li Ka-shing, a Hong Kong billionaire, has frequently been at odds with the Chinese government, and this year it accused him of being disloyal and not acting in the interest of the state after the deals were announced to sell the port terminals.

Hutchison has defended its operations in Panama, saying the company has followed all the legal requirements. It asserts that it has contributed to the Panama economy. The company said in a statement in April that PPC has made significant investments that exceed $1,695 million, surpassing not only the $50 million investment required under the original concession contract, but also the $1,000 million agreed under the addendum, as confirmed by the Comptroller General of Panama.

The shipping industry continues to watch the developments as well. CMA CGM confirmed that it would be interested in some of the assets, and Maersk said it is also watching the deal closely. The Financial Times says none of the shipping companies have been invited into the negotiations, and it notes any bidder would need to involve the Chinese to win approval for an acquisition.

Panama to Require Full Traceability for Offshore Oil Transfers

Panama Maritime Authority

Published Aug 8, 2025 9:11 AM by The Maritime Executive

 

[By: Panama Maritime Authority]

The Panama Ship Registry has become the first naval registry in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. This new measure, which came into effect on August 6, 2025, is outlined in Resolution No. 106-035-DGMM issued by the Directorate General of Merchant Marine. According to Article 9 of the resolution, non-compliance—depending on its severity—may lead to the cancellation of a vessel’s Panamanian registration.

The regulation requires all Panamanian-flagged oil tankers with a gross tonnage of 150 or more to notify the Panama Maritime Authority (PMA) at least 48 hours in advance, providing full technical and logistical details of each STS operation.

The mandatory information includes:

  • Name, flag, call sign, IMO number, and estimated time of arrival (ETA) of all vessels involved
  • Date, time, and geographical coordinates of the operation’s start
  • Type of maneuver: at anchor or underway
  • Type and quantity of hydrocarbons to be transferred
  • Estimated duration of the operation
  • Contact information for each vessel’s Designated Person Ashore (DPA)
  • Confirmation of an STS plan in accordance with Regulation 41 of the MARPOL Convention

If the estimated arrival time at the transshipment point varies by more than six hours, the vessel’s captain, owner, or DPA must update the notification to the PMA.

This measure responds to the increasing use of vessels in illicit activities such as covert crude transport, sanctions evasion, and operations lacking environmental controls—practices often associated with the so-called “shadow fleet.”

It aligns with International Maritime Organization (IMO) regulations and underscores Panama’s commitment as a responsible flag State, promoting maritime safety, operational integrity, and protection of the marine environment.

With this move, Panama reaffirms its global leadership in maritime regulation—enhancing trust in its registry, ensuring compliance with international standards, and contributing to the fight against the misuse of flags of convenience.

The products and services herein described in this press release are not endorsed by The Maritime Executive.


Panama is First Registry to Enforce Rules to Crack Down on STS Actions

tankers involved in transfer at sea
Panama started it rule cracking down on STS transfers targeting the shadow fleet (MMEA)

Published Aug 7, 2025 7:00 PM by The Maritime Executive


The Panama Ship Registry started its new rules as of August 6, requiring reporting of planned ship-to-ship (STS) offshore oil transfers as the latest step in a series of crackdowns targeting the shadow tanker fleet. Panama had announced plans for the new rules in May, and highlights that with the rule now in effect, it has become the first registry in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons.

“This measure responds to the increasing use of vessels in illicit activities such as covert crude sanctions evasion, and operations lacking controls, practices often associated with the so-called “shadow fleet,” the Panama Ship Registry says in its announcement. It warns that “non-compliance—depending on its severity—may lead to the cancellation of a vessel’s Panamanian registration.”

The regulation requires all Panamanian-flagged oil tankers with a gross tonnage of 150 or more to notify the Panama Maritime Authority (PMA) at least 48 hours in advance, providing full technical and logistical details of each STS operation. In addition to the details on the vessels involved, they must supply the location, the type of transfer, and the quantity to be transferred. If the operation varies by more than six hours, the captain or shipping company must update the details reported to the PMA.

The shipping companies are also required to supply contact details for a designated person ashore. They must also confirm that the STS plans are in accordance with the IMO’s MARPOL Convention.

Putting the STS rule into effect follows another move by the registry this week, also targeting the shadow tanker fleet. It said it will no longer accept the registration of tankers (and bulkers) that are more than 15 years old. It said an analysis of data showed the older vessels accounted for most of the detentions. 

Panama, under pressure from the U.S. and others, has moved to purge its registry and enacted new rules to make it faster and less complicated to remove ships that are sanctioned or have other violations. Demonstrating this, Panama reported this week it had removed 17 tankers sanctioned days earlier by the United States in a crackdown on an Iranian shipping network.

Panama is the latest in a growing number of jurisdictions seeking to tighten enforcement against the shadow tanker fleet. Greece, last year, closed a bay favored by tankers in the Russian oil trade. Last week, Malaysia, which is already known for its enforcement against illegal anchoring, announced new rules on another key area favored by shadow tankers to make transfers. Malaysia created new anchoring regulations and closed the area to most tankers. In Europe, efforts have focused on the enforcement of the requirements for insurance and proper certification. 

Despite this, the shadow tanker fleet continues to grow. The latest estimates put it at over 1,100 vessels, although the EU and UK sanctions have driven some tankers from the trade. 

The efforts to reduce STS will impact tankers both in the Russian oil trade and those supporting Iran. Both are known to use STS and other efforts to hide the origins of the oil or to mix it with other sourced oil to make the blend less identifiable.
 

 

Thursday, August 07, 2025

 

Economic Terror and the Turbochuggf*ck in Texas



I don’t know what word in the English language—I can’t find one—that applies to people who are willing to sacrifice the literal existence of organized human life … so they can put a few more dollars into highly overstuffed pockets. The word ‘evil’ doesn’t begin to approach it.

Noam Chomsky

Unlike other historical periods of extreme wealth inequality, the added fact that our planet’s life support systems are currently being pushed toward a breaking point adds a new level of horror to current governance by the elites. As Chomsky implies, we need new words to describe our daily and worsening situation.

The short answer to Chomsky’s question is that these people, mostly oligarchs, are corporate economic terrorists, answering to no one as they are executing the suicide hijacking of the natural systems that pilot the planet Earth, in their quest to rule a now-burning planet of their own making. Operating mostly by stealth to keep fossil fuel king, their cumulative crimes over the last five decades amount to a mostly slow-motion, everyday reign of terror over the whole planet, punctuated by the turbo–charged, greenhouse gas-fueled, climate chaos of extreme weather events.

Exposing the Entrapocracy

Extreme weather terror, or turbochuggf*cks in the vernacular, is most recently evident in July 2025, in the human catastrophes caused by floods in Texas, New Mexico, and North Carolina, as well as in the heatwaves across Europe and around many other parts of the world that do not merit media coverage in the US. Increasing in number and intensity each year, such disasters are the sharp end of global warming, which is pushing the planet’s life support systems towards the brink of collapse. Crucial, but absent in most of the reporting of these disasters and climate change in general, is the role of the corporate-powered climate denial lobby in prolonging the shelf life of fossil fuels for decades beyond their sell-by date.

The most profitable business in the history of the world has leveraged its vast wherewithal to assume political, judicial, and cultural control of those human systems necessary to prolong its own primacy, by completely normalizing this insanity. In the face of now long standing near total agreement amongst climate scientists that as a global community we simply need to stop using fossil fuels, the fossil fuel industry seized control of the invisible hand to throttle dissent, whilst slamming down its invisible foot harder on the accelerator of increasing fossil fuel production, driving the planet ever closer towards the climate precipice.

Whilst mostly sticking to the shadows of their dark money universe, these corporate economic terrorists do have names, and they should be made to answer for their eco-cidal crimes. Best in Show corporate economic terrorist is Charles Koch, who pioneered in practice the now much-copied template for bending the US political system away from genuine democracy and towards authoritarianism, and, in his case, in favor of the bottom line of his personal economic agenda.

Koch stands head and shoulders above his peers as a key organizer in terms of coordinating billionaire “solidarity,” not least enabling allegedly competing brands within the fossil fuel industry to work in unison, if not direct collusion, to use any means necessary to prop up the fossil fuel oligopoly’s monopoly on how the planet is powered. Acting like a protection racket, this entrapocracy ensures that the general public’s subsistence needs are largely dependent on an infrastructure specifically designed for the exclusive use of fossil fuels’ key products, keeping us, the global citizenry, largely entrapped, often against our better judgment, but nonetheless hooked.

“Climate Homicide”

The fatal “side effects” of unregulated capitalism are long known. Back in 1845, Friedrich Engels formulated the concept of “social murder,” defining it as an unnatural death that results from social, political or economic oppression, “whereby the class which at present holds social and political control … places hundreds of proletarians in such a position that they inevitably meet a too early and an unnatural death,” precisely because of the unregulated dominating activities of the ruling class. Engels’s point wasn’t rhetorical. In 2022, a US worker was killed at work every ninety-six minutes, on average, according to records kept by the US Bureau of Labor Statistics.

Jason Hickel identifies a second era of horror unleashed on the Global South by corporate power mongers in the Global North as “colonialism 2.0.” Hickel calls the catastrophic harm to billions of people in poorer nations from the “excess emissions of a few rich nations” a “crime against humanity” and stresses that “we should have the clarity to call it that.”

A joint study by the Harvard School of Public Health and three British universities in 2021 found that 1 in 5 global deaths, or around 8.7 million people per year, can be attributed to fine particulate fossil fuel pollution. These deaths are on top of those directly resulting from turbochuggf*ck weather events.

In a 2024 journal article, published in the Harvard Environmental Law Review and covered by Common Dreams, David Arkush and Donald Braman describe the man-made climate crisis as not only “globally catastrophic” (as the fossil fuel industry has known for years) but also “climate homicide.” They point out that the oil majors have been “technically sophisticated enough to know that they could hide the harms they were generating from lay observers for decades, allowing them to earn trillions of dollars while researchers, activists, and regulators struggled to overcome the sophisticated disinformation and political influence campaigns these profits supported.”

Further, Arkush and Braman contend that, “The case for [climate] homicide prosecutions is increasingly compelling. A steady growth in the information about what [Fossil Fuel Companies] knew and what they did with that knowledge is revealing a story of antisocial conduct generating lethal harm so extensive it may soon become unparalleled in human history.”

Charles Koch inherited a fortune and then multiplied it many times over. Initially, in 1969, as a rookie CEO, he secured control of the Pine Bend refinery in Minnesota and refined the tariff-free, dirtiest of “garbage crudes” from the Canadian tar sands, to become the Koch cash cow for decades to come. Lee Fang described Koch Industries as a “pollution-based empire,” engaged in what George Monbiot and Peter Hutchison called the modern expression of capitalism’s essential DNA—colonial looting— which has made Koch the twenty-second richest man in the world today.

Toxic Business Activism

As if mirroring their extremely profitable and ever-expanding ventures of turning the world’s most toxic raw materials into sellable products, Charles Koch and his brother David pioneered an equally toxic form of business activism, which continues to push the planet to the brink of habitability and the US political system into authoritarianism.

In a 1974 speech organized by the Institute for Human Studies, Charles Koch praised the infamous Powell Memo, which urged business activism, but noted that it did not go far enough. Recommending a radical corporate libertarian vision for the country, where government only exists to oversee the police and the military in their duties to protect the private property rights of the elites, Koch envisioned a world where any taxes on elites amounted to theft, where the progressive reforms of the twentieth century would be rolled back, and where all regulations against corporate activity would be abolished. We can call this Koch’s Project 1974, and, some fifty years later, many of Koch’s wishes are being fulfilled by the second Trump administration in the form of Project 2025, which, of course, Koch himself partly funded.

The political machine he built to this end became known as the Kochtopus, for its multi-tentacled, democracy distorting, and unprecedented seizure of US politics. Call this Koch math, i.e., billionaires weaponizing what, for them, is chump change (the millions of dollars available from their tax evasion schemes) to secure billions of dollars in return in the form of further tax cuts, corporate perks, and government deregulation. Koch initiated donor summits in 2003, harnessing the undisciplined billionaire instinct of throwing money at causes and weaponizing its collective power in the form of what Theda Skocpol and her colleagues called a “donor consortia,” thus multiplying times over what good, old-fashioned, dirty oil money could buy in terms of actual political influence.

Couching the defense of fossil fuel in the broader realm of the conservative tent of rabid market fundamentalism, the Kochtopus became a toxic ideological engineering pipeline, pedaling this capitrickalist free malarketry from ideas generated by paid-for-professors and taught in funded university programs across the country; refined into policy proposals in conservative think-tanks and deployed in the real world in “scripts” handed to paid-for-politicians; all of which were distilled and seeded as invasive species of dominant narratives in the corporate owned media. The Kochtopus’s reach was further and uniquely magnified by the addition of astroturf boots on the ground, facilitated by paid-for-organizers, often graduates from the above network, with budgets leftists and progressives could only dream of.

Promoting Climate Denial

We now know that Big Fossil Fuels’ own scientists predicted, with remarkable accuracy, turbochuggf*cks and climate breakdown as a result of global warming all the way back in the 1970s. Koch was certainly privy to this insider knowledge at the time. By 1988, NASA scientist James Hansen had testified before Congress, putting the world on notice that global warming was real and was happening.

In response, Koch’s own Cato Institute hosted the world’s first climate denial conference in 1991, the details of which remained buried until Christopher Leonard revealed it in his 2019 book, Kochland. Fifteen years ahead of the Tea Party, Koch’s own free-market thought police, the fake populist Citizens for a Sound Economy, led the efforts to defeat the Clinton-Gore administration’s attempts to tax carbon. And the Kochtopus joined the industry-wide pushes to derail the Kyoto Protocol and to prevent Al Gore from becoming President in 2000.

Theda Skocpol and Alexander Hertel-Fernandez document how, by the mid-2010s, the Koch effect operated on the scale of a national U.S. political party … but despite its massive size, the Koch network is a leveraging operation—not a separate third party—because it is intertwined with (although not subordinated to) the institutional GOP … the Koch network operates as a force field to the right of the Republican Party, exerting a strong gravitational pull on many GOP candidates and officeholders. The overall effect is to reset the range of issues and policy alternatives to which candidates and officeholders are responsive.

In 2004, after Citizens for a Sound Economy underwent a rebranding, it emerged as Americans for Prosperity. During the Obama administration, the much expanded group bullied politicians, with the threat of primary challenges from the right, into taking a “climate pledge” that effectively flipped almost the entire Republican Party into the party of climate denial. By 2014, “only eight out of 278 Republicans in Congress were willing to acknowledge that man-made climate change was a reality.”

If all this were not enough, Koch’s key cognizant pre-meditated climate crime is the massive expansion of Koch Industries into frack-f**cking the planet. Its Corpus Christi refinery in Texas, which had focused on light oil refining, was ideally positioned to capitalize on the fracked oil boom of the early 2010s. Despite the well-established and public climate science that recommended remaining fossil fuel reserves stay in the ground, Koch doubled down on fracking, confirming his intentions to stay the course. Around this same time, Koch began trying to whitewash his own image using the smallest of his small change, as the Kochtopus used its massive wherewithal to continue to bully the GOP and the country towards the authoritarianism that would be essential to defending his businesses in the 2020s.

The Other DEI: Domestic Election Interference

Americans for Prosperity gloated over the recent passage of Trump’s Big Abomination of an Abysmal Bill, praising how it “unleashes American Energy” by reducing regulations and increasing tax breaks for the fossil fuel industry, oblivious as ever to the economic terror guaranteed by this implementation of this Project 1974 “economic freedom über alles.”

Koch has weaponized the template for the other DEI, domestic election interference, by billionaires. As Bill McKibben noted in 2016, the Koch Brothers may be “the most important unelected figures in American political history.” The strategies of political manipulation they pioneered have not only been adopted by conservative forces from The Federalist Society to AIPAC, but they also enabled the corporate coup d’état on full display at the 2024 Trump inauguration. The Koch brothers might have scoffed at Elon Musk wielding a chainsaw, but their concerted assault on the democratic process helped lay the groundwork for DOGE.

In late 2024, Connor Gibson and Robert J. Brulle, joined what is now a chorus of journalists and researchers who have exposed the Koch brothers as leaders of climate denialism, if not the scam’s leading perpetrators; yet when I play the songs from my Kochtopus’s Garden recording at shows and ask who has heard of the Koch brothers, very few people raise their hands.

Unable to let go, Charles Koch remains CEO of Koch Inc. Now aged 89, he’s likely to escape in death any punishment for his life of economic terrorism. In 2023, as an hors d’oeuvre for his undeclared plans for life after death, he bequeathed, tax-free, a record-breaking $5 billion to sustain the Kochtopus after his passing. For those inheriting the burning planet that is the Kochtopus’s Garden, documenting his crimes and stopping their daily recurrence is up to us—by dissent, by court cases, and by dismantling the corrupt, oligarchic political system Koch did so much to create.

This article first appeared in https://www.projectcensored.org/economic-terror-turbochuggfck-in-texas/

Danbert Nobacon, Chumbawamba alumni, lives in Twisp, WA. His most recent CD is Kochtopus’s Garden—Now That’s What I Call Capitalism—The Musical. He hosts The Mystery Motel radio show, playing music and talking about current events with his pals. He is writing a book with the working title, Kochtopus’s Garden—The Origin Story of the American Oligarchy and Its Idiot Plan to Rule a Burning Planet. Read other articles by Danbert.

Wednesday, August 06, 2025

ECONOMIC TERROR AND THE TURBOCHUGGF*CK IN TEXAS



I don’t know what word in the English language—I can’t find one—that applies to people who are willing to sacrifice the literal existence of organized human life … so they can put a few more dollars into highly overstuffed pockets. The word ‘evil’ doesn’t begin to approach it.

Noam Chomsky

Unlike other historical periods of extreme wealth inequality, the added fact that our planet’s life support systems are currently being pushed toward a breaking point adds a new level of horror to current governance by the elites. As Chomsky implies, we need new words to describe our daily and worsening situation.

The short answer to Chomsky’s question is that these people, mostly oligarchs, are corporate economic terrorists, answering to no one as they are executing the suicide hijacking of the natural systems that pilot the planet Earth, in their quest to rule a now-burning planet of their own making. Operating mostly by stealth to keep fossil fuel king, their cumulative crimes over the last five decades amount to a mostly slow-motion, everyday reign of terror over the whole planet, punctuated by the turbo–charged, greenhouse gas-fueled, climate chaos of extreme weather events.

Exposing the Entrapocracy

Extreme weather terror, or turbochuggf*cks in the vernacular, is most recently evident in July 2025, in the human catastrophes caused by floods in Texas, New Mexico, and North Carolina, as well as in the heatwaves across Europe and around many other parts of the world that do not merit media coverage in the US. Increasing in number and intensity each year, such disasters are the sharp end of global warming, which is pushing the planet’s life support systems towards the brink of collapse. Crucial, but absent in most of the reporting of these disasters and climate change in general, is the role of the corporate-powered climate denial lobby in prolonging the shelf life of fossil fuels for decades beyond their sell-by date.

The most profitable business in the history of the world has leveraged its vast wherewithal to assume political, judicial, and cultural control of those human systems necessary to prolong its own primacy, by completely normalizing this insanity. In the face of now long standing near total agreement amongst climate scientists that as a global community we simply need to stop using fossil fuels, the fossil fuel industry seized control of the invisible hand to throttle dissent, whilst slamming down its invisible foot harder on the accelerator of increasing fossil fuel production, driving the planet ever closer towards the climate precipice.

Whilst mostly sticking to the shadows of their dark money universe, these corporate economic terrorists do have names, and they should be made to answer for their eco-cidal crimes. Best in Show corporate economic terrorist is Charles Koch, who pioneered in practice the now much-copied template for bending the US political system away from genuine democracy and towards authoritarianism, and, in his case, in favor of the bottom line of his personal economic agenda.

Koch stands head and shoulders above his peers as a key organizer in terms of coordinating billionaire “solidarity,” not least enabling allegedly competing brands within the fossil fuel industry to work in unison, if not direct collusion, to use any means necessary to prop up the fossil fuel oligopoly’s monopoly on how the planet is powered. Acting like a protection racket, this entrapocracy ensures that the general public’s subsistence needs are largely dependent on an infrastructure specifically designed for the exclusive use of fossil fuels’ key products, keeping us, the global citizenry, largely entrapped, often against our better judgment, but nonetheless hooked.

“Climate Homicide”

The fatal “side effects” of unregulated capitalism are long known. Back in 1845, Friedrich Engels formulated the concept of “social murder,” defining it as an unnatural death that results from social, political or economic oppression, “whereby the class which at present holds social and political control … places hundreds of proletarians in such a position that they inevitably meet a too early and an unnatural death,” precisely because of the unregulated dominating activities of the ruling class. Engels’s point wasn’t rhetorical. In 2022, a US worker was killed at work every ninety-six minutes, on average, according to records kept by the US Bureau of Labor Statistics.

Jason Hickel identifies a second era of horror unleashed on the Global South by corporate power mongers in the Global North as “colonialism 2.0.” Hickel calls the catastrophic harm to billions of people in poorer nations from the “excess emissions of a few rich nations” a “crime against humanity” and stresses that “we should have the clarity to call it that.”

A joint study by the Harvard School of Public Health and three British universities in 2021 found that 1 in 5 global deaths, or around 8.7 million people per year, can be attributed to fine particulate fossil fuel pollution. These deaths are on top of those directly resulting from turbochuggf*ck weather events.

In a 2024 journal article, published in the Harvard Environmental Law Review and covered by Common Dreams, David Arkush and Donald Braman describe the man-made climate crisis as not only “globally catastrophic” (as the fossil fuel industry has known for years) but also “climate homicide.” They point out that the oil majors have been “technically sophisticated enough to know that they could hide the harms they were generating from lay observers for decades, allowing them to earn trillions of dollars while researchers, activists, and regulators struggled to overcome the sophisticated disinformation and political influence campaigns these profits supported.”

Further, Arkush and Braman contend that, “The case for [climate] homicide prosecutions is increasingly compelling. A steady growth in the information about what [Fossil Fuel Companies] knew and what they did with that knowledge is revealing a story of antisocial conduct generating lethal harm so extensive it may soon become unparalleled in human history.”

Charles Koch inherited a fortune and then multiplied it many times over. Initially, in 1969, as a rookie CEO, he secured control of the Pine Bend refinery in Minnesota and refined the tariff-free, dirtiest of “garbage crudes” from the Canadian tar sands, to become the Koch cash cow for decades to come. Lee Fang described Koch Industries as a “pollution-based empire,” engaged in what George Monbiot and Peter Hutchison called the modern expression of capitalism’s essential DNA—colonial looting— which has made Koch the twenty-second richest man in the world today.

Toxic Business Activism

As if mirroring their extremely profitable and ever-expanding ventures of turning the world’s most toxic raw materials into sellable products, Charles Koch and his brother David pioneered an equally toxic form of business activism, which continues to push the planet to the brink of habitability and the US political system into authoritarianism.

In a 1974 speech organized by the Institute for Human Studies, Charles Koch praised the infamous Powell Memo, which urged business activism, but noted that it did not go far enough. Recommending a radical corporate libertarian vision for the country, where government only exists to oversee the police and the military in their duties to protect the private property rights of the elites, Koch envisioned a world where any taxes on elites amounted to theft, where the progressive reforms of the twentieth century would be rolled back, and where all regulations against corporate activity would be abolished. We can call this Koch’s Project 1974, and, some fifty years later, many of Koch’s wishes are being fulfilled by the second Trump administration in the form of Project 2025, which, of course, Koch himself partly funded.

The political machine he built to this end became known as the Kochtopus, for its multi-tentacled, democracy distorting, and unprecedented seizure of US politics. Call this Koch math, i.e., billionaires weaponizing what, for them, is chump change (the millions of dollars available from their tax evasion schemes) to secure billions of dollars in return in the form of further tax cuts, corporate perks, and government deregulation. Koch initiated donor summits in 2003, harnessing the undisciplined billionaire instinct of throwing money at causes and weaponizing its collective power in the form of what Theda Skocpol and her colleagues called a “donor consortia,” thus multiplying times over what good, old-fashioned, dirty oil money could buy in terms of actual political influence.

Couching the defense of fossil fuel in the broader realm of the conservative tent of rabid market fundamentalism, the Kochtopus became a toxic ideological engineering pipeline, pedaling this capitrickalist free malarketry from ideas generated by paid-for-professors and taught in funded university programs across the country; refined into policy proposals in conservative think-tanks and deployed in the real world in “scripts” handed to paid-for-politicians; all of which were distilled and seeded as invasive species of dominant narratives in the corporate owned media. The Kochtopus’s reach was further and uniquely magnified by the addition of astroturf boots on the ground, facilitated by paid-for-organizers, often graduates from the above network, with budgets leftists and progressives could only dream of.

Promoting Climate Denial

We now know that Big Fossil Fuels’ own scientists predicted, with remarkable accuracy, turbochuggf*cks and climate breakdown as a result of global warming all the way back in the 1970s. Koch was certainly privy to this insider knowledge at the time. By 1988, NASA scientist James Hansen had testified before Congress, putting the world on notice that global warming was real and was happening.

In response, Koch’s own Cato Institute hosted the world’s first climate denial conference in 1991, the details of which remained buried until Christopher Leonard revealed it in his 2019 book, Kochland. Fifteen years ahead of the Tea Party, Koch’s own free-market thought police, the fake populist Citizens for a Sound Economy, led the efforts to defeat the Clinton-Gore administration’s attempts to tax carbon. And the Kochtopus joined the industry-wide pushes to derail the Kyoto Protocol and to prevent Al Gore from becoming President in 2000.

Theda Skocpol and Alexander Hertel-Fernandez document how, by the mid-2010s, the Koch effect operated on the scale of a national U.S. political party … but despite its massive size, the Koch network is a leveraging operation—not a separate third party—because it is intertwined with (although not subordinated to) the institutional GOP … the Koch network operates as a force field to the right of the Republican Party, exerting a strong gravitational pull on many GOP candidates and officeholders. The overall effect is to reset the range of issues and policy alternatives to which candidates and officeholders are responsive.

In 2004, after Citizens for a Sound Economy underwent a rebranding, it emerged as Americans for Prosperity. During the Obama administration, the much expanded group bullied politicians, with the threat of primary challenges from the right, into taking a “climate pledge” that effectively flipped almost the entire Republican Party into the party of climate denial. By 2014, “only eight out of 278 Republicans in Congress were willing to acknowledge that man-made climate change was a reality.”

If all this were not enough, Koch’s key cognizant pre-meditated climate crime is the massive expansion of Koch Industries into frack-f**cking the planet. Its Corpus Christi refinery in Texas, which had focused on light oil refining, was ideally positioned to capitalize on the fracked oil boom of the early 2010s. Despite the well-established and public climate science that recommended remaining fossil fuel reserves stay in the ground, Koch doubled down on fracking, confirming his intentions to stay the course. Around this same time, Koch began trying to whitewash his own image using the smallest of his small change, as the Kochtopus used its massive wherewithal to continue to bully the GOP and the country towards the authoritarianism that would be essential to defending his businesses in the 2020s.

The Other DEI: Domestic Election Interference

Americans for Prosperity gloated over the recent passage of Trump’s Big Abomination of an Abysmal Bill, praising how it “unleashes American Energy” by reducing regulations and increasing tax breaks for the fossil fuel industry, oblivious as ever to the economic terror guaranteed by this implementation of this Project 1974 “economic freedom über alles.”

Koch has weaponized the template for the other DEI, domestic election interference, by billionaires. As Bill McKibben noted in 2016, the Koch Brothers may be “the most important unelected figures in American political history.” The strategies of political manipulation they pioneered have not only been adopted by conservative forces from The Federalist Society to AIPAC, but they also enabled the corporate coup d’état on full display at the 2024 Trump inauguration. The Koch brothers might have scoffed at Elon Musk wielding a chainsaw, but their concerted assault on the democratic process helped lay the groundwork for DOGE.

In late 2024, Connor Gibson and Robert J. Brulle, joined what is now a chorus of journalists and researchers who have exposed the Koch brothers as leaders of climate denialism, if not the scam’s leading perpetrators; yet when I play the songs from my Kochtopus’s Garden recording at shows and ask who has heard of the Koch brothers, very few people raise their hands.

Unable to let go, Charles Koch remains CEO of Koch Inc. Now aged 89, he’s likely to escape in death any punishment for his life of economic terrorism. In 2023, as an hors d’oeuvre for his undeclared plans for life after death, he bequeathed, tax-free, a record-breaking $5 billion to sustain the Kochtopus after his passing. For those inheriting the burning planet that is the Kochtopus’s Garden, documenting his crimes and stopping their daily recurrence is up to us—by dissent, by court cases, and by dismantling the corrupt, oligarchic political system Koch did so much to create.

This article first appeared in https://www.projectcensored.org/economic-terror-turbochuggfck-in-texas/

Danbert Nobacon, Chumbawamba alumni, lives in Twisp, WA. His most recent CD is Kochtopus’s Garden—Now That’s What I Call Capitalism—The Musical. He hosts The Mystery Motel radio show, playing music and talking about current events with his pals. He is writing a book with the working title, Kochtopus’s Garden—The Origin Story of the American Oligarchy and Its Idiot Plan to Rule a Burning Planet. Read other articles by Danbert.