Friday, September 23, 2022

A Meloni election win could shift Europe's balance of power


Italy's centre-right coalition closing campaign rally in Rome

Fri, September 23, 2022 
By Michel Rose, Andreas Rinke and Krisztina Than

PARIS/BERLIN/BUDAPEST (Reuters) - The European Union's powerhouses will have to tread carefully around Giorgia Meloni if the nationalist candidate's coalition wins Italy's election on Sunday, or risk pushing Rome towards Hungary and Poland, European officials said.

At play is the balance of power inside the EU as it contends with the fallout from Russia's war on Europe's eastern flank and the continent's worst energy and cost-of-living crises in decades.

If Meloni wins, Sunday's election will hand Italy its most right-wing government since World War Two. Although she has played down her far-right past, cracks in her coalition over foreign policy have emerged.

Underscoring challenges ahead for Meloni and Europe, former Italian Prime Minister Silvio Berlusconi, whose Forza Italia party belongs to Meloni's coalition, said Russia had been "pushed" into the war on Ukraine. His comments are likely to concern Western allies.

"All eyes are on Rome right now," one EU official told Reuters.

After a victory for Sweden's nationalists, there is concern in Brussels, Paris and Berlin of a "populist front" forming that could block EU decision-making as it seeks to stave off recession and shield households from inflation.

Mario Draghi, Italy's outgoing prime minister and a former president of the European Central Bank, raised Italy's profile and credibility on the European stage, espousing the deeper integration sought by French President Emmanuel Macron.

Meloni's intentions are less clear. She presents her Brothers of Italy party as a mainstream conservative force removed from its post-fascism roots, but some Europhiles are skeptical.

"It is worrying that a founding member of the EU is in such a situation. It is a threat to the EU and to Italy," said Rolf Müntzenich, a lawmaker in German Chancellor Olaf Scholz's Social Democrats party.

German magazine Stern plastered its front page with a picture of Meloni under the banner: "the most dangerous woman in Europe".

Macron has privately told EU officials he is concerned about a Meloni victory, according to sources aware of the conversations. When asked in public, Macron expresses optimism about relations with Italy.

NEW ALLY

Hungary and Poland have tested Europe's democratic standards.

Supporters of Hungary's nationalist Prime Minister Viktor Orban see in Meloni an opportunity for Budapest to gain a new ally in its battle with the EU executive.

"Orban will probably be able to count on the support of Italy in rule-of-law disputes in the EU," said Zoltan Kiszelly, an analyst at the pro-Hungarian government think tank Szazadveg.

In Warsaw, where the ultra-conservative government often sides with Orban, officials are also sanguine.

"Right-wing parties are gaining more support than ever before," said Zdzislaw Krasnodebskia, a lawmaker from Poland's ruling Law and Justice party. "This is a chance to correct European policy."

Rome-born Meloni has a history of euroscepticism and shares Orban's anti-immigration views and the promotion of traditional family values.

However she has pledged prudent fiscal policies and to maintain unity with European Union and NATO partners in supporting Ukraine against Russia.

She has also sought to reassure would-be EU partners about her intentions in a video in French, English and Spanish.

"I have read that a victory for Brothers of Italy in September would be a disaster, would amount to an authoritarian turn, would mean Italy will leave the euro, and other nonsense. None of that is true," she said.

Meloni is in direct contact with Draghi and the Italian establishment to smooth over the transition of power and ensure Italy does not spiral into crisis at a time of economic volatility, European officials and analysts said.

This was "to make her understand how important some issues are and that she can't mess up," said Marc Lazar, an Italy specialist with Paris-based think tank Institut Montaigne.

'SKY IS FALLING NARRATIVE'

In Brussels, officials are unsure how Meloni will handle Italy's part of the European recovery plan, which is meant to unlock 192 billion euros in return for domestic reforms.

There is also concern over Italy's debt pile, with Italian interest rates rising more rapidly than their euro zone peers.

Macron is expected to hold talks with Scholz on how to deal with Italy in the coming days, a French government source said.

Paris has been warned by Italian officials from the outgoing administration not to seek public confrontation with Meloni to prevent pushing her into a corner where she might sense little choice but to deepen ties with Orban.

"What the Italians I talked to in Rome said to me was: don't throw her into Hungary's arms," a French government source told Reuters.

Macron would refrain from the combative rhetoric he aimed at Matteo Salvini, another hard-right coalition partner of Meloni, during the 2019 European election campaign, which he framed as an existential fight between 'nationalists' and 'progressives', a second French official said.

Pablo Simón, professor of political science at Carlos III University in Madrid, said a Meloni win might energise far-right parties elsewhere as spiralling consumer prices hurt households.

In Washington, however, White House officials played down concerns.

"This kind of 'sky is falling' narrative out there about the Italian election doesn't square with our expectations," one U.S. official said.

(Reporting by Michel Rose, Andreas Rinke in Berlin and Krisztine Than in Budapest; additional reporting by Belen Carreno in Madrid, Jan Lopatka in Prague, Heather Timmons in Washington, Crispian Balmer in Rome and Agnieszka Pikulicka-Wilczewska in Warsaw; editing by Richard Lough and Angus MacSwan)

Why is Italy swerving far right? Many feel they have no choice.


Dominique Soguel
Fri, September 23, 2022 

As young female protesters wrapped in rainbow flags demonstrate at a Brothers of Italy campaign rally in Milan, party leader Giorgia Meloni pokes fun at them from the stage.

STANDARD RIGHT WING TROPE; LIBERALS ARE RICH ELITISTS

“They finished their holidays, got off dad’s yacht, and came here,” she says, as security tries to keep party supporters’ tempers from flaring, particularly after the women call them fascists.


Jokes are par for the course as Ms. Meloni crisscrosses Italy to whip up support for her party ahead of elections on Sunday, Sept. 25. The far-right politician looks likely to become Italy’s first female prime minister, as the country is gripped by political and economic upheaval. She has waged a slick communication campaign, using speeches peppered with anecdotes to suit each region. Her messages have something for everyone: fiscal relief, youth employment, secure borders, products and children made by Italians in Italy, regaining some sovereignty from the European Union, and turning Italy into a renewable energy hub.

But Ms. Meloni’s rise to the top of the polls has alarmed many, due to her xenophobic rhetoric, her and her party’s connections to Italy’s fascist past, and the track record of the Brothers of Italy while governing in Italy’s Marche region. Though her campaign has genuine appeal for some Italians, for others she is simply the option untried. After years of center-left, center-right, and populist governments, Ms. Meloni and the Brothers of Italy are “fresh faces” – and that may well be their biggest asset.

“Meloni will get many votes because others have lost their credibility,” says Giancarlo M., a retired fish market worker who likes her emphasis on Italy’s potential as a renewable energy hub. “She has worked for those in despair, and won over the disillusioned.” Like many Italians, he declined to give his full name to the media.

“Christianity, being Italian, and being a mother”


Sunday’s snap elections were triggered by the resignation of Prime Minister Mario Draghi and the collapse of his broad government coalition, which the Brothers of Italy were not part of. But the party rose in popularity partly at the expense of two parties that were in the coalition: the center-right Forza Italia, the party of outlandish octogenarian and former prime minister Silvio Berlusconi, and the hard-right League party of Matteo Salvini, an ex-interior minister. Both Forza Italia and the League are expected to join the Brothers of Italy in the next government as junior partners.

Ms. Meloni and her party have a history further to the right of either of their conservative rivals. In her youth, she was a member of the Italian Social Movement (MSI), which was founded by the heirs of Benito Mussolini. The Brothers of Italy also use iconography tied to the MSI. But Ms. Meloni rejects the “fascist” label, saying fascism has been confined to history.

Her supporters echo those sentiments. “Brothers of Italy is on the right, but it is not the extreme right,” says Paola Marrone, a Milan-based lawyer who takes pride in always voting for the party, even when it barely secured 2% of the vote.

Ms. Marrone considers herself completely in sync with Ms. Meloni’s social and economic views, although on the international front she is less on board with Ms. Meloni’s support for Ukraine. Euroskeptical parties like Brothers of Italy tend to have better ties with Moscow. “[Ms. Meloni] has an eye out for Italians,” says Ms. Marrone. “We are invaded by immigrants. The plus that Meloni has is that she is coherent, concrete, and credible in her proposals.”

Indeed, when addressing the crowd in Milan, Ms. Meloni gets the loudest applause for her take on family demographics and migration. Italy has the third oldest population in the world, and deaths far outweigh births. It is also a steppingstone for Europe-bound migrants.

“This is not a demographic winter,” she declares. “Gentlemen, it’s an ice age. It is clear this nation is going to disappear, and I don’t want this nation to disappear. I don’t think the demographic problem can be solved by bringing in immigrants, as the left says. ... I want a nation that says, ‘When you make a son, you are doing me a courtesy. Not only will I pay you for it, I will thank you for it.’”

Although she has moderated her language, especially in speeches geared for the European audience, Ms. Meloni’s mantra – “I am Giorgia, I am a woman, I am a mother, I am Italian, I am Christian” – neatly sums up her message. “These are the main values that Giorgia Meloni is calling for and speaking to: Christianity, being Italian, and being a mother,” says Mariana Griffinni, lecturer in the Department of European and International Studies at King’s College London.

“They are against freedom of choice”

Sitting in the shadow of the Church of St. Domenico at the Piazza del Plebiscito in Ancona, representatives of a local feminist network say the Brothers of Italy could mean a retreat for women’s rights in Italy. They have seen it happen, they say, because the region of Marche where they live is one of two where Brothers of Italy won regional elections in 2020, after decades of being governed by the center-left.

Abortion has been legal in Italy since 1978, but women in Marche are struggling to access the procedure and often need to travel to other regions to get it. That’s because Marche has one of the country’s highest percentages of so-called conscientious objectors, or doctors who refuse to perform abortions. And Marche also refuses to implement updated health ministry guidelines that extended women’s right to access the abortion pill to nine weeks of pregnancy, rather than seven. That’s a problem, the women say, due to huge waiting lists and a provision for a seven-day waiting period before a woman can get an abortion.

“Brothers of Italy mask themselves as pro-life but really they are against freedom of choice,” says Manuela Bartolucci, a former obstetrician. “They worry that if Italian women abort, the ethnic composition of Italy will change. They present abortion as a cause for low-birth rate and link it to demographic fears ... that immigrants are giving birth to many children and these people will replace Italians.”

She also points out that the party voted against civil unions in Italy and opposed giving anti-discrimination protections to the LGBTQ community. “[Brothers of Italy] want women to come back to the role of wives and homemakers,” adds her friend Dolores Rossetti, who volunteers at a center for domestic violence survivors. “Being rewarded for having more children is a fascist idea.”

Giussepe Rizzi, president of the Catholic faith and education association Azione Cattolica Arcidiocesi Ancona-Osimo, notes abortion is a polarizing issue, especially among staunchly Catholic Italians. “Abortion, like euthanasia, is a topic relating to life that is very delicate,” Mr. Rizzi said in a phone interview. “The Christian community is very divided. ... Performing an abortion is not the same as operating appendicitis. It can be correct for a doctor to refuse to perform an abortion.”

The LGBTQ community is also concerned about a Ms. Meloni victory. Activist Giacomo Galeotti notes Marche held a Pride parade in 2019 with the support of regional authorities. That backing ended with Brothers of Italy. “It’s really clear the vision Giorgia Meloni has on LGBT+ rights,” says Mr. Galeotti.

 “She is against it.”

The regional government of Marche declined a request for in-person interviews or to answer questions via email.

“There are no alternatives left”

The fish market of Ancona springs to life well before the rest of the city. Large and small vessels slip out into the Adriatic after midnight and return in waves before 5 a.m. Hundreds of boxes filled with the catch of the day are presented for the assessment of potential buyers. Numbers on a digital blackboard announce the price of clams, shrimp, sole – values rising and falling in the search of a deal.

Ms. Meloni’s promises of fiscal relief and financial help for families have hooked several fishers and retirees lingering for coffee at the port. They say the prohibitive price of fuel has forced them to cut down the number of days they spend at sea from four to two. Her emphasis on Italian sovereignty also resonates. EU funding may mean the port is getting new cash registers and a restaurant, but Brussels’ crackdown on plastic and overfishing has made a bigger, negative impression.

“For me it was a mistake to enter the EU,” says Roberto, upset over restrictions on the amount of clams boats can catch: 400 kilograms (880 pounds) per vessel. “The EU makes rules for everyone, but you can’t apply the same fishing norms in Germany and Holland to the Adriatic Sea. It is not the same thing. Everyone has different product. You can’t put a cap on fishing. If the market demands more, then we need to go get the fish from somewhere else.”

Others like Ms. Meloni’s tough talk on migrants. Andrea Amici, another fisher, calls migrants “disgusting stuff” who would best be avoided.

“Meloni will have a lot of support because there are no alternatives left,” Mr. Amici says. He sees legislative efforts to criminalize discrimination against the LGBTQ community and legalize cannabis as prime examples of what he considers senseless laws supported by the left. “There are bigger issues than this with Italy coming out of the pandemic and the war. The center left has governed for 40 years and delivered nothing. It only makes taxes, and things are already difficult for us.”

Paci, the aging captain of the fishing vessel Il Lupo, can’t shake off concerns over the roots of Ms. Meloni’s party. “For me, they are the heirs of fascists,” he says. “Fascists have not run the country since World War II. If they are in power now, who knows what they will do, but the thought is scary.”

Maria Michela D’Alessandro and Natasha Caragnano supported reporting for this article.
CRIMINAL CAPITALI$M
Brazil Favors Removal of Trump-Picked Bank Chief on Ethics Probe


Martha Beck and Eric Martin
Thu, September 22, 2022 

(Bloomberg) -- Brazil, the second-largest shareholder of the Inter-American Development Bank, supports the removal of the lender’s president amid an ethics probe into his role, according to a top government official from the South American nation.

The administration of President Jair Bolsonaro sees the IDB’s Mauricio Claver-Carone as being unable to continue leading the Washington-based bank after the investigation highlighted an alleged romantic relationship with a subordinate and apparent breaches of the bank’s rules, the official said, asking not to be identified because the government’s position isn’t public.

The Brazilian government, which holds an 11.4% stake in the bank and together with the US and Argentina make up almost 53% of its voting power, expects a resolution of the case soon as Claver-Carone is losing internal support, according to the person. In order for Claver-Carone to be removed, the countries seeking his ouster would need a simple majority of voting shares.

The ultimate decision would be made by the board of governors, mostly finance ministers from the governments to which the board’s executive directors report, though they are expected to back the recommendation of the executive board.

Brazil’s Economy Ministry, which oversees the relationship with the IDB, declined to comment, as did the press office of the IDB itself.

The appointment of Claver-Carone, a former Trump administration official, to lead the development bank focused on Latin America opened a rift between the US and the region in 2020. He was the first US citizen to lead an institution traditionally presided over by a Latin American since its creation in 1959.

While Brazil at the time supported his candidacy as part of a Bolsonaro-Trump agreement, the relationship between Claver-Carone and Economy Minister Paulo Guedes has been rocky, with clashes over the Brazilian representatives to the bank, the person said.

Claver-Carone was expected to address the bank’s board on Thursday to respond to the allegations in a session with the institution’s executive directors, Bloomberg News reported earlier.

Read More: Trump-Picked Latin American Bank Chief to Address Board on Probe

The former top Treasury adviser, International Monetary Fund representative and foreign-policy satellite radio host from Miami has mounted an aggressive defense to keep his job. In a statement posted Tuesday on the IDB’s website, Claver-Carone said he fully cooperated with the investigation and asserted that it “does not substantiate the false and anonymous allegations that were made against me or IDB staff in the press.”

He said the probe itself violated IDB rules because he and other IDB staff members didn’t have a chance to “review the final investigative report, respond to its conclusions, or correct inaccuracies.”

The investigation found evidence -- backed by handwriting analysis, divorce records and interviewee statements -- supporting the conclusion that the pair were in a romantic relationship prior to joining the Washington-based IDB in late 2020 “and that the relationship may have continued during their employment at the bank,” according to the Sept. 19 report prepared by law firm Davis Polk & Wardwell LLP at the direction of the IDB’s board.

The probe also found that Claver-Carone took employment action to benefit the aide, raising her salary twice in less than a year for a cumulative 46% increase to more than $400,000.

The report hasn’t been made public but has been seen by Bloomberg.

Neither Claver-Carone nor the aide fully cooperated with the probe, according to the report. Claver-Carone in interviews with Davis Polk in recent weeks denied ever having a romantic relationship with the aide, who declined to be interviewed for the investigation, according to the report. The person didn’t respond to requests for comment.

Read More: Latin America Development Bank Head Decries Personal Accusations

In comments to Bloomberg, Claver-Carone said he was interviewed by investigators for more than seven hours and responded to many of their requests for information.

He said the investigation failed to provide him with due process. “The absence of basic fairness shows this process has been purely political,” he said.

Davis Polk didn’t respond to requests for comment.

The IDB, which is strategic to US influence in Latin America, loaned $23.5 billion last year, focusing on boosting economies and offering credit lines to buy Covid-19 vaccines for a region that was one of hardest hit globally by the pandemic. Nations experienced one of the worst economic contractions in their history in 2020, with millions losing jobs or fallen into poverty.

(Updates with details of votes and investigation and Claver-Carone’s comments starting in fourth paragraph.)

More stories like this are available on bloomberg.com

©2022 Bloomberg L.P.

2,600-year-old blocks of cheese found in pottery at pyramid in Egypt, archaeologists say

Photo from the Egyptian Ministry of Tourism and Antiquities

Archaeologists uncovered a collection of pottery vessels — one containing ancient cheese — at a site in Egypt.

Researchers made the discovery as they began their sixth season of excavation work at the Saqqara necropolis, Egypt’s Ministry of Tourism and Antiquities said on Sept. 10.

Outside, the pottery had Demotic writing on them, an ancient Egyptian script, the ministry said. Inside, the vessels contained blocks of white cheese, experts said.

The cheese dated back to the 26th or 27th Egyptian dynasty, archaeologists said, or about 2,600 years ago, according to the Met Museum. Researchers identified the cheese as halloumi.

Halloumi is a type of cheese from Cyprus, known for its characteristic squeak, All Recipes says. The cheese tastes “slightly tangy” and has a “salty flavor with a spongy texture,” the outlet says.

Researchers did not say what the 2,600-year-old halloumi cheese tasted or smelled like.

A similar discovery of 3,200-year-old cheese prompted discussions about eating the “world’s oldest cheese,” the Australian Broadcasting Corporation reported in 2018. Experts warned this cheese contained a potentially deadly disease, the outlet reported, citing an Analytical Chemistry study. Eating the ancient Egyptian cheese was not recommended, Insider reported in 2018.

Archaeologists found another set of vessels — still sealed — that they planned to open in the coming days, the ministry said.

The Saqqara necropolis — also spelled Sakkara or Saccara in English — is a village in Giza about 15 miles south of Cairo. Saqqara boasts Egypt’s oldest pyramid and largest archeological site, National News reported.

Past archaeological excavations at Saqqara have uncovered eight tombs, a cemetery, over 100 coffins, and hundreds of other statues of cats and ancient Egyptian gods, the ministry said.

Lula Could Clinch First-Round Election Win, Datafolha Says



Andrew Rosati
Fri, September 23, 2022 

(Bloomberg) -- Brazil’s Luiz Inacio Lula da Silva is gaining momentum in the final days of campaigning, nearing the simple majority needed to give him a first-round presidential victory on Oct. 2, a new DataFolha poll shows.

Leftist challenger Lula would take 47% of the first-round vote, up from 45% a week ago, with the increase falling inside the poll’s 2 percentage-point margin of error. Incumbent Jair Bolsonaro held steady at 33%.

A candidate needs to break the threshold of 50% of valid votes to clinch a first-round win, otherwise the front-runners square off again on Oct. 30.

Trying to undercut each other’s support, the current and former president are crisscrossing the nation and making their final pitches. There is little room to change hearts and minds. Most voters picked their candidate long ago, and just a tiny fraction, 2% of them, identify as undecided.

Lula, 76, has been helped by a tacit endorsement from his predecessor, former President Fernando Henrique Cardoso, as well as an outpouring of support from actors and musicians, who called on fans to help secure a first-round win.

Throughout the race, Bolsonaro, 67, a right-wing nationalist, and his allies have discredited major opinion polls, claiming they are in the pocket of Big Media and political foes. They say support on the street shows the president is set to win another four-year term.

Third- and fourth-placed candidates claim 13% of voting intentions and analysts are closely watching for signs of a late-race migration toward the front-runners.

Other surveys this week also show Lula trending upward and within striking distance of winning outright. The latest release from Datafolha, Brazil’s most influential polling firm, widened its sample size to increase accuracy.

Voting is mandatory in Brazil. Pulling out null and blank votes, Datafolha now shows Lula on the margin of winning 50% in the first round.

Some political observers caution that the race is likely tighter than polls suggest: Voters may be reluctant to openly state they’re backing Bolsonaro, who is known for his crass style and botched handling of the coronavirus pandemic.

In a second and final round, Lula would take 54% of the vote, while Bolsonaro would get 38%, the poll found.

Datafolha interviewed 6,754 people in person throughout the country between Sept. 20 and Sept. 22

Brazil environmentalist Silva all-in with Lula against Bolsonaro


Environmentalist and federal deputy candidate Marina Silva 
speaks during an interview with Reuters in Sao Paulo

Fri, September 23, 2022 
By Flavia Marreiro

SAO PAULO (Reuters) -Prominent Brazil environmentalist Marina Silva, who was environment minister under ex-President Luiz Inacio Lula da Silva before breaking with his party, told Reuters she is throwing her full support behind his campaign and did not rule out a role in government if he wins a third term.

Silva resigned from Lula's government in 2008, upset at his support for major infrastructure projects in the Amazon. Their reconciliation is a high-profile endorsement to shore up his center-left coalition ahead of an Oct. 2 vote.

Her support for Lula also shows how even environmentalists skeptical of his ties to Brazilian agribusiness have closed ranks behind him, in an urgent push to change policies that have sent deforestation soaring under President Jair Bolsonaro.


Silva implemented environmental policies under Lula that helped to dramatically reduce destruction of the Amazon, but she joined a chorus of green critics upset with major infrastructure projects in the rainforest like the Belo Monte hydropower dam.

Even with that mixed record, Lula strikes a dramatic contrast with Bolsonaro, who has sharply scaled back enforcement of environmental laws in the Amazon, while calling for more mining and farming on protected lands. Deforestation of Brazil's rainforest has climbed to a 15-year high on his watch.

In an interview on Thursday, Silva, a three-time presidential candidate who once drew fierce criticism from Lula's leftist Workers' Party (PT), said "zeroing" deforestation in the Amazon was entirely within reach, a goal even more ambitious than Lula's stated target of "net zero" deforestation.

While net zero deforestation allows for cutting as long as an equal area is replanted elsewhere, no cutting whatsoever would be allowed under a regime of absolute zero deforestation.

"It's perfectly possible to return to zero deforestation, reviving a plan that already worked, updating that plan, putting the budgets and teams back together, strengthening our enforcement, monitoring and management systems," said Silva, a native of the isolated, rainforest state of Acre.

Last week, Silva publicly endorsed Lula at an event where he committed to a series of policy proposals, including a national authority coordinating the government's work on climate change.

Asked if she would consider accepting such a "climate czar" role, Silva left the door open.

"This is a decision for the president of the republic," she said. "In this moment, talking about ministries before winning is exactly what we don't have to do."

Lula's campaign has not been shy about environmental initiatives they are looking to implement.

Reuters reported in August that his representatives were reaching out to Indonesia and the Democratic Republic of the Congo in a bid to present a united front of tropical rainforest nations at this year's United Nations climate talks.

His advisers have also previewed a policy of subsidizing loans to farmers who agree to meet certain targets related to sustainable agriculture practices.

Lula has built a strong lead over Bolsonaro in most polls. If neither candidate wins a majority of votes on Oct. 2, they will face off in a second-round vote on Oct. 30.

(Reporting by Flavia MarreiroWriting by Gram Slattery; Editing by Brad Haynes and Sandra Maler)

Bolsonaro Is Failing to Win Over Crucial Female Vote in Brazil



Simone Iglesias
Fri, September 23, 2022

(Bloomberg) -- President Jair Bolsonaro’s efforts to reduce his rejection among women are falling flat, posing a major obstacle to his re-election bid just nine days before Brazilians go to the polls.

The former army captain, known for his macho bravado and embrace of traditional family values, has plateaued with just 29% of the female vote, according to a widely-watched Datafolha poll published late on Thursday. His leftist challenger, Luiz Inacio Lula da Silva, saw his support among them grow to 49% in the same survey.

Women make up about 52% of the Brazilian electorate. In 2018, a slight majority of them gave Bolsonaro a vote of confidence, according to exit polls. Since then, however, their support for the conservative leader slumped as they disapproved of his government, particularly his botched handling of the pandemic and his pro-gun policies.

Advised by marketing professionals, the president has been trying to soften his rhetoric to win over female voters. It worked briefly, with Bolsonaro’s image among women improving in July after he launched his re-election bid hand-in-hand with his evangelical wife at a large televised event in Rio de Janeiro.

The so-called “first-lady effect,” which resonated more with evangelical women, has apparently run its course: Bolsonaro has remained stuck with the same level of female support since September, according to the past three Datafolha polls.

Hurting that marketing strategy was the president himself: He attacked a female journalist during a televised debate in August and made cringe-worthy comments about his sexual performance right after kissing his wife at a major campaign rally in September.

Conservative, Evangelical

At an event organized by female supporters that same month, the president defended his pro-gun policies over the landmark Maria da Penha law that punishes men more severely in cases of domestic violence.

“Do you prefer a law or a gun to protect yourselves?,” he asked at the event in the Southern state of Rio Grande do Sul, his stronghold.

Women who vote for Bolsonaro are usually Christian evangelicals who support conservative and traditional family values, and who despise the feminist agenda, said Deysi Cioccari, a political science professor with the Pontifical Catholic University of Sao Paulo.

U.S. tells Lula it plans to quickly recognize Brazil election winner, sources say


A man runs past banners with photos of presidential candidates in Rio de Janeiro

Lisandra Paraguassu and Gabriel Stargardter
Fri, September 23, 2022 

By Lisandra Paraguassu and Gabriel Stargardter

BRASILIA/RIO DE JANEIRO (Reuters) -U.S. diplomats have assured Brazil's leading presidential candidate, leftist former President Luiz Inacio Lula da Silva, that they will swiftly recognize the winner of next month's election, two sources told Reuters, seeking to avert any attempt to contest a legitimate result or sow chaos after the vote.

With just days to go until the first-round vote on Oct. 2, Lula is ahead in the polls against President Jair Bolsonaro, a far-right populist who has sought to discredit Brazil's electronic voting system. Critics fear Bolsonaro may follow the example of former U.S. President Donald Trump and refuse to accept an electoral defeat.

One of the sources, who requested anonymity to discuss the confidential talks, said that in a meeting on Wednesday, Lula asked Douglas Koneff, the top U.S. diplomat in Brazil, for a quick U.S. recognition if he does win, either in the first-round vote or in an Oct. 30 runoff.

Lula was told that Washington plans to immediately recognize the results, regardless of who wins, setting an example for other nations to follow suit and minimize the chance of a contested result, the source added.

Lula foreign policy adviser Celso Amorim heard similar assurances on Thursday when he met with a group of diplomats from Latin America and the Caribbean, the other source said. A third source said many European countries are also planning for swift recognition of Brazil's election results.

In response to a request for comment, a U.S. State Department spokesperson did not mention the Lula meeting, but said in a statement that get-togethers with presidential candidates "do not imply support for a particular individual, party, or platform." The spokesperson added that the State Department "trusts in the strength of Brazil's democratic institutions."

Still scarred by the Jan. 6, 2021, assault on the U.S. Capitol by Trump supporters, the administration of President Joe Biden has grown increasingly concerned with Bolsonaro's baseless allegations of electoral fraud, sending high-level delegations to Brasilia to urge him to commit to democratic norms.

Reuters reported in May that the U.S. Central Intelligence Agency director last year told senior Brazilian officials that Bolsonaro should stop casting doubt on the voting system.

One of the sources said that in the meeting with Koneff, Lula thanked the United States for having expressed faith in Brazil's voting system.

(Reporting by Lisandra Paraguassu and Gabriel StargardterAdditional reporting by Anthony BoadleEditing by Brad Haynes, Alistair Bell and Leslie Adler)


Lula slightly boosts lead over Bolsonaro ahead of Brazil first round -poll


Lula holds rally "Todos Juntos pelo Rio Grande do Sul"
 (All Together for Rio Grande do Sul) in Porto Alegre


Thu, September 22, 2022 

SAO PAULO (Reuters) -Brazil's presidential frontrunner Luiz Inacio Lula da Silva slightly boosted his lead over incumbent President Jair Bolsonaro to 14 percentage points in a poll published on Thursday by pollster Datafolha, less than two weeks before the Oct. 2 first-round vote.

The Datafolha survey showed Lula with 47% voter support versus 33% for Bolsonaro in the election's first round, compared with 45% and 33%, respectively, in the previous poll.

In an expected second-round run-off, Lula would garner the support of 54% of voters versus 38% for Bolsonaro, a 16 point advantage, according to the poll, the same result from a week ago.

Bolsonaro's approval rating edged up to 32%, compared to 30% one week ago; and still above the 22% he held in December, after which his popularity ticked up thanks to welfare programs and measures to tackle inflation.

His disapproval came in at 44%, according to the poll, the same result from one week ago but down from the 53% seen in December.

Datafolha conducted 6,754 in-person interviews between Sept. 20-22. The poll has a margin of error of 2 percentage points up or down.

(Reporting by Peter Frontini and Pedro Fonseca; Editing by David Alire Garcia and Christian Plumb)
Lula Has Big Petrobras Plans That Would Undo Privatization Push

Lula Win May Be Stressful, But Not Disastrous, for Petrobras





Peter Millard and Vinícius Andrade
Fri, September 23, 2022 at 9:22 AM·5 min read

(Bloomberg) -- Next week’s elections in Brazil pose a challenge to Petrobras investors. Former President Luiz Inacio Lula da Silva, the front-runner, has vowed to use the company as a vehicle for national development. Incumbent Jair Bolsonaro, who’s fighting for a come-from-behind upset, is proposing the complete opposite, with plans to privatize the state-run giant.

The contrast is a rare one in this election cycle, in which the leading candidates have offered few details about economic policies they’d pursue. It also makes Petrobras a binary case for investors: the firm is churning out dividends and share prices are already cheap compared to other oil majors, but the cash stream could also dry up and leverage could increase if Lula wins and follows through on his pledges.

“The stock is maybe one of the most complex investment cases in Brazil right now,” said Flavio Kac, a portfolio manager at ASA Investments. “A Bolsonaro win would pave the way for its potential privatization, while a new government could lead to margin pressure and lower profits.”

Petrobras shares were down 5.8% to 30.10 reais ($5.75) on Friday at 12:13 p.m. local time, after oil prices fell below $80 in the longest losing streak of the year.

What to Know About Bolsonaro-Lula Showdown in Brazil: QuickTake


Petroleo Brasileiro SA, Latin America’s largest producer with 2.7 million barrels a day of oil and gas output, became a source of contention during the first presidential debate. Bolsonaro accused Lula of mismanaging the company and presiding over an epic corruption scandal. Lula criticized Bolsonaro for “carving up” Petrobras through asset sales, as well as the decision to privatize utility Eletrobras.

Lula, a former union leader who governed Brazil from 2003 to 2010, has a checkered past with Petrobras and the oil industry at large. He presided over growing output and the discovery of the largest group of deep-water fields this century, which have become a profit center for Petrobras.

At the same time, he halted new lease sales in the so-called pre-salt to overhaul taxes and regulations, throttling how fast oil production grew. Without the licensing delays, Brazil would be pumping twice as much right now, according to analysts. Lula also implemented costly build-in-Brazil requirements that discouraged investments. If he wins, the local oil industry will look to who he recruits for his energy team to gauge how big the policy shift will be.

Oil Boom Falls Flat in Region With a Fifth of World’s Reserves

“Lula has relied heavily on lieutenants, so who is that new gang?” said Schreiner Parker, the head of Latin America for Rystad Energy, a consultancy. “It will be interesting to see who fills in the mandarin positions.”

Political consultancy Eurasia sees Lula’s odds of winning the election up at 70%.

Another Lula administration would see Petrobras expanding its refineries in Brazil and rebuilding its international operations, Senator Jean Paul Prates, his point person for oil and gas, said in an interview. The company would also become a global player in the energy transition -- even if it means lower profits and dividends. Petrobras’s limited focus on the pre-salt has generated heaps of cash in the short term, but leaves it exposed to a changing industry in the coming decades, he said.

“It has turned into a huge dairy cow, and it won’t last,” Prates said. “It’s walking blindfolded off a cliff.”

Lula’s Petrobras Would Seek Energy Transition, Expand Refining


While Lula oversaw a massive rally in his eight years in office, aided by a commodities super-cycle, his legacy was tarnished by policy mistakes made by his successor and the so-called Carwash corruption probe. The investigation centered on Petrobras, and put him in jail for almost a year and a half. His convictions were later tossed out by the Supreme Court on procedural grounds, but some Brazilians still see him as a symbol of corruption. In the first presidential debate, Bolsonaro branded Lula’s government “the most corrupt in history.”

Exploration

To be sure, Brazil won’t stop pumping oil no matter the outcome of the October vote. Both candidates are supportive of oil and resource extraction, unlike Colombia’s recently elected President Gustavo Petro, who plans to ban new exploration out of environmental concerns. Besides, Petrobras has found so much oil this century that production will continue to grow whoever wins.

“Petrobras will continue as a giant in Brazil,” said Luiz Felipe Coutinho, the chief executive officer of Origem Energia, which has bought onshore natural gas fields from Petrobras and considers the company its main commercial partner.

Another thing unlikely to change regardless of the outcome is the risk of Petrobras subsidizing fuels. Lula has attacked Bolsonaro over high gasoline prices, a major complaint among Brazilians this year. Bolsonaro responded by attacking Petrobras’s leadership and ultimately slashing taxes to provide consumers relief.

Lula Win May Be Stressful, But Not Disastrous, for Petrobras

“At the end of the day it’s just not really a private sector company. It has a different cadre of investors who understand the quasi-sovereign aspect,” said Wilbur Matthews, founder of Vaquero Global Investment LP, who has owned Petrobras bonds in the past but thinks they are overpriced at the moment. “You don’t buy Petrobras stocks or bonds because you love the corporate dynamics.”
Liz Truss’s Historic Gamble With the UK Economy Is Already Unraveling


 





Philip Aldrick
Fri, September 23, 2022 

(Bloomberg) -- Liz Truss’s plan for growth, melding the biggest tax giveaway in half a century with Thatcherite deregulation, is a straight-up gamble with Britain’s future, and even before her chancellor of the exchequer had finished delivering it on Friday the bet was starting to sour.

The market’s verdict on the £220 billion policy blitz set out by Kwasi Kwarteng was swift and devastating. Sterling crashed below $1.11 for the first time since 1985, taking its slump for the year to date to 19%. Five-year gilts posted their biggest ever daily decline.

“The markets will do what they will,” Kwarteng, 47, said when challenged in the House of Commons over the mayhem that he had unleashed.

Even before the chancellor’s statement, former Bank of England policy makers were warning that Prime Minister Liz Truss’s determination to cut taxes regardless of the circumstances risked pushing the UK into a sterling crisis.

There was still a sense of shock in how far her chancellor went, scrapping the top rate of income tax in a boost to the highest earners, as well as delivering on cuts to corporate taxes, national insurance contributions and levies on home purchases that had been flagged in advance.

The final total didn’t even include the full cost of capping household energy bills for the next two years. That could add another £100 billion to taxpayers’ liabilities.

The tax cuts will cost the Treasury around £161 billion over the next five years. A further energy guarantee will add about £60 billion to that sum in the next six months, the only figure the Treasury provided.

Those eye-watering figures had analysts reaching for the history books to compare the package with famous policy errors of the past. The reaction -- with the pound falling even as traders priced in steeper hikes in interest rates to offset the increase in inflationary pressures -- is the sort of movement that is usually limited to emerging market currencies.

“Investor confidence is being eroded fast,” George Saravelos, global head of foreign exchange research at Deutsche Bank. He called for an emergency interest rate hike from the Bank of England.

The reaction leaves Truss and Kwarteng in a terrible bind. Truss, also 47, took office less than three weeks ago. Her efforts to stamp her authority on the government were interrupted by the death of Queen Elizabeth II, which brought politics to a halt for 10 days. And Truss has a desperate need to show that she can steer the UK through the global energy crisis.

She defended her plan in comments to CNN’s “State of the Union,” saying “we absolutely need to be incentivizing growth at what is a very, very difficult time for the global economy.”

At the same time, government measures to limit energy prices for consumers are “very important as well,” she said in excerpts from an interview for broadcast on Sunday.

She was elected Tory party leader over the summer due to her popularity with the membership. But two thirds of her lawmakers voted against her, and there were mutterings of a potential no-confidence vote before she’d even taken office.

The fear among investors is that Truss’s tax cuts will give the economy no more than a quick sugar rush, sending the debt ballooning and inflation spiraling, before a crash that leaves no lasting improvement on longer term growth.

Even the government’s fans were lukewarm in their support. Crispin Odey, a Tory backer and founder of the hedge fund Odey Asset Management where Kwarteng once worked as an analyst, said: “They are trying the right things, but there has to be a risk we are going into a Barber boom, by pushing the button on inflation.”

That’s reference to the ill-fated 1972 budget drawn up by Kwarteng’s Tory predecessor Anthony Barber. Barber, like Kwarteng, delivered a massive package of unfunded tax cuts which, in his case, saw the economy overheat and inflation soar before collapsing into recession. Barber’s boss, Edward Heath, was defeated by the Labour opposition two years later, and the UK had to seek a bailout from the International Monetary Fund in 1976.

What Bloomberg Economics Says ...

“The policies announced in Chancellor of the Exchequer Kwasi Kwarteng’s mini-budget will provide the economy with a sugar rush over the next year, but we highly doubt it’ll deliver the gear shift in growth that the government is banking on. That means it will lift inflation at a time when the Bank of England is trying to cool price pressure and, because the policy package is unfunded, put debt on an unsustainable path.”

--Dan Hanson, Bloomberg Economics. Click for the INSIGHT.

Truss similarly may have less than two years before she also has to call an election.

Truss has been clear that what matters to her is increasing the economic pie, rather than worrying about how it is divided.

That boldness is most evident in the central gamble at the heart of the mini-budget. Success hinges on a single number: Kwarteng’s 2.5% growth target, which is almost a whole percentage point above the official forecast for the next three years and a level last seen before the 2008 financial crisis.

If the government can lift GDP growth by a percentage point, the tax cuts will pay for themselves by the end of five years, according to the Treasury documents published on Friday. At that point, the government will have stabilized the national debt, fixed the UK’s productivity conundrum and given the country the competitive advantage of lower taxes.

Martin Weale, a former Bank of England rate setter now at King’s College London, described the growth target as “pie in the sky.” The government can’t be sure it will get 2.5% growth, but it can be sure that the tax cuts put the public finances in a perilous position, he said.

The Resolution Foundation projected that government borrowing as a share of GDP will rise for the next five years, adding a total of £411 billion to the existing £2.3 trillion debt pile.

At the same time, the benefits of the tax cuts are skewed toward the highest earners -- who traditionally are more likely to vote Conservative. Someone earning £200,000 will be £5,220 a year better off as a result of the tax cuts, while a worker on £20,000 will gain just £157.

“After 12 years of running the country, the Tories desperately need to establish a record of delivery quickly if they want to cling on to power,” said Ryan Shorthouse, chief executive of the Bright Blue think tank. “The prime minister and chancellor are going for broke.”


‘Nothing but fear in the UK’: Top US economist slams Liz Truss tax cuts and warns pound could plunge below dollar

Nadine Batchelor-Hunt and Connor Parker
Fri, September 23, 2022

Larry Summers painted a bleak picture of the UK economy. (Reuters)

A former US Treasury secretary has condemned the huge tax cuts unveiled by Liz Truss and Kwasi Kwarteng, branding them "naive and wishful thinking".

On Friday, chancellor Kwarteng announced the steepest tax cuts in a generation and said they were crucial to stimulate economic growth amid a stark cost-of-living crisis. He also announced a lift on banker's bonuses.

Among the measures included cutting National Insurance Contributions (NICs) by 1.5% - giving £1,800 to the richest households and just £7.66 a year to the poorest.

Cuts to income tax, including the top rate from 45p to 40p, have been met with incredulity by critics and will mean that two-thirds (65%) of the gains from Kwarteng's personal tax cuts will go to the richest fifth of households.

It means a worker on £1m per year will see an annual tax cut of £55,000.

The package of measures has been widely criticised as being unaffordable as well as disproportionately helping high earners over and above the most vulnerable at a time when the cost of living is set to bite.

Following the announcement, the pound dropped 3% to below $1.10 for the first time since 1985 as investors made their feelings clear.

Read more: 'Not a game': UK finances on unsustainable path, warns top economist

pound

One senior US economist warned that confidence in the UK could drop so low that the pound may slump below the dollar.

Former US Treasury secretary Larry Summers told Bloomberg that policies were "naive and wishful thinking".

“It makes me very sorry to say, but I think the UK is behaving a bit like an emerging market turning itself into a submerging market," he said.

"Between Brexit, how far the Bank of England got behind the curve and now these fiscal policies, I think Britain will be remembered for having pursuing the worst macroeconomic policies of any major country in a long time."

"There’s nothing in the pattern of market response in the UK that suggests anything but fear rather than confidence in the policy approaches being taken.

“It would not surprise me if the pound eventually gets below dollar if the current policy path is maintained.“

In the UK itself, former prime minister Gordon Brown accused the government of being "heartless" and said the measures would overwhelmingly make the rich wealthier.


Gordon Brown has accused the government of being "heartless". (Getty Images)

In a Twitter thread, Brown warned that the gap between rich and poor continues to widen as "the government lavishes billions on the already wealthy at the expense of the new poor".

He added: "It's no longer the welfare state that's the last line of defence but charities. And yet charities find themselves broke.

Compassion isn’t running out but cash is. Churches are worried they won’t be able to afford to heat their halls for those who cannot heat their homes.

"The reversal of the NI rise will give £1,800 to the richest and just £7.66 a year to the poor.

"The removal of the bankers’ bonus cap, corporation tax cuts and the rejection of a further windfall tax will mercilessly underline that a winter of destitution is coming for millions not because we are a poor country but because we are an ever more unequal one.

"The coming battle must be against poverty, not against the poor. You cannot rely on a heartless government having a change of heart, but concerted action by the public can force a change of mind."

There was even the first signs of discontent on the Tory backbenches, with senior MP Julian Smith warning: "This huge tax cut for the very rich at a time of national crisis & real fear & anxiety amongst low income workers & citizens is wrong."
'A new era'

Announcing his mini-budget to MPs in parliament, Kwarteng said it was a "new approach for this new era" and claimed his plans would pay off with economic growth.

"We promised to prioritise growth," he said. "We promised a new approach for a new era.

"We promised to release the enormous potential of this country. Our growth plan has delivered all those promises and more."

Read more: Martin Lewis brands tax cuts and borrowing in mini-Budget ‘staggering’


Kwasi Kwarteng said the tax cuts which overwhelmingly benefit the wealthiest are necessary for economic growth.
 (Reuters)

Money Saving Expert Martin Lewis described the budget as helping "mega earners".

"From next April the 45% top rate of tax (applies to those earning £150,000) will be scrapped," he said. "So the top rate will be the 40% higher rate threshold. This means mega earners, pay the same rate as those on £50,000."

Elsewhere, think tanks focused on poverty and those on low incomes criticised the government for deciding to provide more money for the wealthy during the rising cost of living.

"This is a mini-budget that has wilfully ignored families struggling through a cost of living emergency and instead targeted its action at the richest," poverty charity the Joseph Rowntree Foundation said on Friday said following Kwarteng' announcements.

"It leaves those on the lowest incomes out in the cold with no extra help to get them through the winter."

It added: "This budget ignored millions of people on low incomes, struggling to afford essentials & unable to pay their bills. It’s left them out in the cold, facing an incredibly bleak winter."

Mia Fahnbulleh, CEO at the progressive think tank the New Economics Foundation (NEF), described Kwarteng's budget as a "massive transfer to the wealthy whilst families on low and modest incomes are left to take the hit during a cost of living crisis".


Surging sales of large gasoline pickups and SUVs are undermining carbon reductions from electric cars


John DeCicco, Research Professor Emeritus, University of Michigan
Fri, September 23, 2022 
THE CONVERSATION 

Pickup trucks for sale at a Michigan dealership. John DeCicco, CC BY-ND

Replacing petroleum fuels with electricity is crucial for curbing climate change because it cuts carbon dioxide emissions from transportation – the largest source of U.S. global warming emissions and a growing source worldwide. Even including the impacts of generating electricity to run them, electric vehicles provide clear environmental benefits.

Plug-in vehicles are making great progress, with their share of U.S. car and light truck sales jumping from 2% to 4% in 2020-2021 and projected to exceed 6% by the end of 2022. But sales of gas-guzzling pickups and SUVs are also surging. This other face of the market subverts electric cars’ carbon-cutting progress.

As a researcher who studies transportation and climate change, it’s clear to me that EVs provide large carbon reductions that will grow as the electric grid shifts to carbon-free energy. But fleetwide emissions, including vehicles of all types and ages, are what ultimately matters for the climate.

While the latest policy advances will speed the transition to EVs, actual emission reductions could be hastened by tightening greenhouse gas emissions standards, especially for the larger gasoline-powered personal trucks that dominate transportation’s carbon footprint. Because it takes 20 years to largely replace the on-road automobile fleet, gas vehicles bought today will still be driving and emitting carbon dioxide in 2040 and beyond.



Public policy progress

Plugging in rather than pumping gas reduces both global warming and smog-forming pollution. It avoids the ecological harm of petroleum production and reduces the economic and security risks of a world oil market coupled to totalitarian regimes such as those of Russia and in the Middle East.

On the good news front, automakers are offering ever more EV choices and promising all-electric fleets within 15 years or so. Two recent policy developments will help turn such promises into reality.

One is California’s recent update to its zero-emission vehicle program. The new regulations will require that by 2035, 100% of new light vehicles sold in California must be qualifying zero-emission vehicles, allowing for a limited number of plug-in hybrid vehicles. Other states that historically have adopted California’s emission standards may follow its lead, so cars running only on gasoline could ultimately be banned across 40% of the U.S. new car market.

In addition, the Inflation Reduction Act recently signed by President Biden includes new incentives for EVs and subsidies for domestic production of EVs, batteries and critical minerals. The new policy targets incentives in several ways, disqualifying high-income consumers, capping the price of qualifying vehicles, providing incentives for used EVs, and restricting the tax credits to EVs built in the U.S. and Canada. It complements the US$7.5 billion for building a national EV charging network authorized by the infrastructure bill that the Biden administration brokered in 2021.



The consumption conundrum


In spite of rapidly growing sales, however, EVs have not yet measurably cut carbon. U.S. Environmental Protection Agency data indicates that the rate of carbon dioxide reduction from new vehicles has all but stalled, while vehicle mass and power have reached all-time highs.

Why? The surging popularity of low-fuel-economy pickups and SUVs. My analysis of the EPA data shows that through 2021, the higher emissions from market shifts to larger, more powerful vehicles swamp the potential carbon dioxide reductions from EVs by more than a factor of three.

Including the largest personal pickup trucks, which are omitted from the EPA’s public data, would further increase the gasoline vehicle emissions that overwhelm EV carbon reductions. Because vehicles remain on the road for so long, excessive emissions from popular but under-regulated pickups and SUVs will harm the climate for many years.
Complications of clean-car rules

A reason for this conundrum is that clean-car standards are averaged across the overall fleets of cars and light trucks that automakers sell. When a manufacturer increases its sales of EVs and other high-efficiency vehicles, it can sell a greater number of less fuel-efficient vehicles while still meeting regulatory requirements.

The standards are structured in several ways that further weaken their effectiveness. The targets an automaker has to meet get weaker if it makes its vehicles larger. Vehicles classified as light trucks – including four-wheel-drive and large SUVs, as well as vans and pickups – are held to weaker standards than those classified as cars.

What’s worse, a regulatory loophole allows the largest pickups to effectively evade meaningful carbon constraints. Such vehicles are classified as “work trucks” even though they are sold and priced as luxury personal vehicles. An ongoing horsepower war gives these massive “suburban cowboy” trucks capabilities far beyond those of the relatively spartan pickups once used by cost-conscious businesses.
Toward faster emission reductions

In spite of falling prices and rising sales, electric cars still face hurdles before they can fully sweep the market. The time it takes to charge an electric car may remain an inconvenience for many consumers. For example, commonly available Level 2 chargers take four to 10 hours to fully recharge an EV battery.

Such obstacles make it unclear whether the car market can move as quickly to an all-electric future as some hope.

Emissions could be cut more quickly if regulators reform clean car standards to close the loopholes that allow excess emissions. California is taking a step in this direction by revising its methods for determining new fleet emission limits for gasoline vehicles. Also hopeful is the recent joint announcement by General Motors and the Environmental Defense Fund, which notes the need to address the large light trucks as part of new standards targeting a 60% reduction in fleetwide greenhouse gas emissions by 2030.

As the world transitions to EVs, their size and energy use will matter, too. Massive EVs will require large batteries, and hence more critical minerals whose supplies are limited. They will demand more electricity that, even if renewable, is not fully free of environmental impacts. Sustainability will suffer if the roads are ruled more by the likes of Hummer EVs rather than Tesla Model 3s.

Policymakers and environmental organizations have mounted major promotional campaigns in support of EVs. But there are no similar efforts to encourage consumers to choose the most efficient vehicle that meets their needs. Significant numbers of Americans now believe that global warming is for real and of concern. Connecting such beliefs to everyday vehicle purchases is a missing link in clean-car strategy.

These sobering car market trends highlight the risk of letting visions of an all-electric future mask the need for better decisions today – by policymakers, consumers and automakers – to more quickly reduce emissions across the entire vehicle fleet.

This piece updates an article originally published on January 28, 2021.

This article is republished from The Conversation, an independent nonprofit news site dedicated to sharing ideas from academic experts. It was written by: John DeCicco, University of Michigan

Read more:

Can my electric car power my house? Not yet for most drivers, but vehicle-to-home charging is coming

Why California gets to write its own auto emissions standards: 5 questions answered

John M. DeCicco, Ph.D., is a Research Professor Emeritus retired from the University of Michigan. He remains professionally active in energy research and teaches the "Mobility and the Environment" module as part of the University of Michigan's online Foundations of Mobility credential. He currently receives no funding, but his past work on vehicle efficiency was supported by environmental organizations, foundations and federal agencies.
 



FRIDAYS FOR FUTURE PROTESTS
New Zealand students protest climate change


Sep 23, 2022
Reuters

Hundreds of demonstrators, including students, protested outside Parliament House in Wellington, NZ, demanding more action on climate change.
 
Italy Climate Change Protests Live | Global Climate Change | Global Warming | English News Live
Streamed live 8 hours ago
Climate campaigners arrested on suspicion of blocking roads or other offences are waiting up to six months in prison before being tried.
Josh Smith, a 29-year-old stonemason from Manchester, has been held on remand in HMP Peterborough for more than two months.
His court date is not set until 1 February, meaning he will have been incarcerated for half a year before any sentence may be imposed.
Smith, who is one of at least seven people being held long-term in prison awaiting trial, says the one positive about his position is that people seem more receptive to his message about the climate crisis.
Lawmakers Join Students in Global Call for Action on Climate Change
Sep 23, 2022
NBC Bay Area
North Bay Rep. Mike Thompson and a group of Sonoma County high school students called Thursday for the passage of a resolution that would support mental health resources for young people affected by climate change-related disasters. It’s part of a global movement this weekend. Damian Trujillo reports.
  
Youth Rally for Climate in Toronto #GenClimateAction
Sep 22, 2022
Ecojustice Canada

On September 11, 2022, we held a rally in Toronto to support seven young Ontarians taking the Ford government to court over its weakened climate target.
Sophia, Zoe, Shaelyn, Alex, Shelby, Madi, and Beze — backed by Ecojustice lawyers — argued that the Ontario government’s dangerous approach to climate change has put the collective future of youth at risk. 

Now we wait for the verdict.

Whatever happens, this case has already made legal history. It is the first climate lawsuit based on the Canadian Charter of Rights and Freedoms to reach a full hearing in any Canadian court. A victory could set a vital precedent for how governments across the country respond to the climate crisis.
Las Vegas high school students to hold climate change walkout
Sep 21, 2022
8 News NOW Las Vegas
High school students across Clark County are expected to stage a walkout this week in hopes of bringing awareness to climate change justice.

Students hold global climate 

change protests

STORY: Hundreds of demonstrators and environmentalists took the streets in their capital cities on Friday (September 23) to demand action on climate change, joining global protests as part of the student-led “Fridays for Future” movement.

In New Zealand, Green Party leader James Shaw told the crowd: "If anybody tells you that your voice doesn't count and that you're too young to make a difference, do not believe them. It is because of young people that we even have the Zero Carbon Act in this country, that's because of you and people like you all around the country."

Similar protests are set to be held in Britain and Brazil.

VIDEO Students hold global climate change protests (yahoo.com)


Fridays for future: Protesters fear climate change impact, demand aid for poor

Issued on: 23/09/2022 

05:21 Video by: Valérie DEKIMPE

Youth activists staged a coordinated “global climate strike” on Friday to highlight their fears about the effects of global warming. They took to the streets in Jakarta, Tokyo and Berlin carrying banners with slogans such as “It's not too late.” The demonstrations were organised by the Fridays for Future youth movement that took its cue from activist Greta Thunberg, who began protesting alone outside the Swedish parliament in 2018. FRANCE 24's Environment Editor Valérie Dekimpe tells us more

 

'Surviving is the real test': Students skip school to call for climate action

Issued on: 23/09/2022 - 



00:34 Video by: FRANCE 24

Youth activists staged a coordinated “global climate strike” on Friday to highlight their fears about the effects of global warming and demand more aid for poor countries hit by wild weather.