A pity because Los Angeles is such a beautiful city... Next wildfire: Inner Portugal?

"The new report, released Wednesday by the Climate Center, a think tank focused on California climate solutions, details how oil and gas companies and their allies used campaign donations, lobbying dollars, and legal pressure to establish a tax loophole that allows corporations to reduce their taxable state income by avoiding reporting foreign profits and losses, if the company elects to do so.

This tax loophole, called the “water’s edge election,” is California’s largest business tax break. The loophole allows corporations to avoid paying more than $4.3 billion in state corporate tax revenue each year and specifically gives oil and gas companies upward of $146 million in annual tax breaks, researchers found.

In 2023, ExxonMobil, Chevron, and Shell made more than $83 billion in profits. In 2024, Chevron announced that it would be moving its headquarters out of California but will continue operating in the state. The oil company is also one of California’s largest greenhouse gas polluters."

https://jacobin.com/2025/01/california-los-angeles-wildfires-oil

#USA #California #LA #LosAnageles #WildFires #BigOil #Lobbying #ClimateChange #GlobalWarming

How Big Oil Made It Harder to Fight the Los Angeles Fires

Fossil fuel companies are profiting off a state tax break depriving California of up to $146 million of annual tax revenue that could be used to combat climate-change-fueled wildfires — like the inferno currently tearing through Los Angeles.

"Six years ago, give or take a couple months, we brought my newborn son home from the hospital amid actual falling ash from the Woolsey fire in Malibu. There is no way you can ignore the implications of something like that: This is the world that you are being born into, you can surely feel it in your tiny lungs.

I permitted myself a sliver of hope anyway, one that is getting harder by the day to retain. For instance, the climate journalist Brian Kahn pointed out that researchers have found that the growth rate of the fastest wildfires—like Woolsey, and like Palisades—is now 250% faster than they were twenty years ago. They are so much more common. As the meteorologist and climate writer Eric Holthaus put it in the Guardian, “the Los Angeles wildfires are climate disasters compounded.”

The firefighters run out of water in the Palisades, the hydrants are dry. We get word: LAUSD is shutting down the schools. For us, that’s it—we are fortunate to have family down towards San Diego, so after dinner we pack up the car and go.

I am stewing not only in my little ossified rage over the climate crisis, at the usual suspects, who have in my mind blended into a nebulous amalgam of dull-eyed evil; the oil executives and fossil fuel companies and opportunistic politicians etc that I can summon and angrily dispense with as though checking a box on a form. I am also thinking about the utter fragility of those tools that have helped us to adapt in at least some small ways to this new era—tools like Twitter that can be broken in a matter of months if the wrong billionaire buys them.

I’m thinking of how little progress we’ve made in addressing the root causes of the climate crisis, of course, and how adept our elites have become at kicking the can down the road."

https://www.bloodinthemachine.com/p/the-fires-are-everywhere

The fires are everywhere

On living in an LA in flames, our degraded information ecosystem, and trying to put out fires now and in the future

Blood in the Machine