flying water practically free of charge, but it is unable to keep up with rising demand. ah, some residence of pottery venezuela's largest villa benefit from a nearby well where they can collect ground water, others siphoned tap water from broken pipes or any more guy lucky we come here to get drinking water every 2 weeks for use at the house. i have to fetch and carry every day because we only have running water sometimes once a week and for 2 hours or an hour and a half if that. otherwise, we don't have water shrinking wages and rising prices make access to water more different. even informal traitors are increasing prices for jugs and tank or water . but these sources are still preferable because they are more reliable than the state for access to the most essential resource for life. zane basra, avi al jazeera. ah,

you without. there is a round up of the top stories. the u. s. federal reserve bank has increased interest rates by a quarter of a percentage point to 5 percent is the highest level since 2007. the fed policy makers believe the high inflation rate may require at least another interest rate hike this year. the federal reserve has been lifting interest rates to encourage people to stop spending and bring inflation under control. the increase was announced despite concern surrounding the banking sector. the federal reserve working with the treasury department and the f. d. i. c took decisive actions to protect the u. s. economy and to strengthen public confidence in our banking system . these actions demonstrate that all depositors savings and the banking system are safe, was the support of the treasury. the federal reserve board created the bank term funding program to ensure that banks that hold safe and liquid assets can if needed,

borrow reserves against those assets at par. this program, along with our longstanding discount window, is effectively meeting the unusual funding needs that some banks have faced and makes clear that ample liquidity in the system is available. and there are fresh expectations of an interest rate hike. it to be announced here in the u. k to record food costs led to an unexpected rise and inflation for february inflation. last month came in at 10.4 percent. it was the 1st rise in 4 months and been expected to fool to 9.9 percent. the financial crisis in lebanon has seen hundreds of people protesting against the government. police fire t guests to break up demonstrates is on the streets of the capital bay route inflation. there has been skyrocketing since 2019 making essential data conscious is increasingly unaffordable. ukrainian official say at least 4 people were killed in russian dream strikes on the key. if region to dormitories and an educational

facility erase, achieve south of the capital with damaged in the attack. regional police chief said 20 people were taken to hospital and several are still missing. okay, you're up to date. the stream is next examining why so many indigenous alaskan people support a major oil project. stay with us for that. talk the law will the law win with neither side, willing to negotiate is the ukraine war becoming a forever war? is america's global leadership, increasingly fragile? what will you at politics look like as we had to the presidential election of 2024 . the quizzical look us politics, the bottom line. ah, i welcome to the stream. i'm josh rushing, a medic, climate emergency, the u. s. has approved a massive plan to drill for more oil and gas and alaska. it's called the willow

project. in this $8000000000.00 development aims to extract at least $600000000.00 barrels of oil from alaska, north slope over the next 30 years. listen to what some alaskan natives had to say about the project earlier this month. at a protest outside the white house, i am sad when you want to drill oil on my land. when i know that the will make the animal sick, the animals that my family needs to thrive on. i have seen bully tactics to keep people quiet. leaders raising their voice at you telling us we are brainwashed by big green, an individuals having their worth as an and you back person torn apart publicly by their own community and families. the man who lives in the big house across the street, behind me, campaign for the presidency with promises a fight and climate change. president by and how do you want to be remembered 50 years from now? 100 years from now. do you want to be remembered? and known as the president who put america on

a path to showing and stopping climate change, or for helping kind of go phillips, increased profits at the expense of indigenous communities and the rest of the world. so this week the stream is focusing on issues affecting climate change. and today we're going to hear more about the willow project in the debate over continued oil development in the arctic with us to discuss this and washington d. c. poly dennett claw a political correspondent who covers indigenous issues with indian country today in anchorage alaska. nev group, heart direct president of the voice of the arctic in, in new p at that's a pro development group based in the last cas, north slope and in boston. we have philip white, an assistant professor of history and artic in northern studies at the university of alaska, fairbanks. a welcome to everybody newkirk. i want to begin with you because i know that those voices we heard at the top are not the only perspective here. a year

from alaska, from the north slope. so can you tell us the upside of this project? what, what are the benefits it's going to bring. there are a lot of benefits through the taxation of the oil infrastructure that turns into revenues for the nurse low barrel. that provides for 1st of all living conditions and all of the communities on the north slope. so water and sewer projects, police, and fire protection, educational institutions, anything that municipal government or a city government normally provides more modern cities but nor slow bird does that for us on the north slope and has been doing that for the last 50 years. and to make a clear european pro development paula, you've done some reporting with, with locals, from up there that have a different point of view. one of the concerns that you've heard. so the mayor of nook suck, has been very outspoken. and except is the community that is closest to where the development will actually be occurring and after the will

a project is fully completed. the community will be surrounded essentially by oil and gas development. and the next community is mostly in new york and is about 400 folks who live there. and some of the things that they have noticed is the change in migration when it comes to the animals that they use for subsistence hunting. and the migration patterns have changed the mayor rosemary noted that her son has to travel some 300. ready miles because of the migration changes of the cariboo, and also noting that the permafrost in her community has been signed, which has really affected the community. and there are a host of other issues that she testified before the natural resources committee last year. so the us has a director the department of interior,

that's actually a native person for the 1st time deb holland. and she's the one that announced this we actually had the video of her or announcing this the president is taking action to limit new oil and gas leasing and important places in the western arctic and the arctic ocean. second to the terror department will propose a rule that will recommend additional protection for more than $13000000.00 acres in the area. these steps will protect wildlife, including caribou, and polar bears and guard the subsistence rights that are so important to alaska native communities. 3rd, civil, a project which is a difficult and complex issue that was inherited. these are existing leases issued by previous administrations. as far back as the ninety's. as a result, we have limited decision space, but we focused on how to reduce the projects footprint and minimize its impacts to people and to wildlife. philip lesson in the secretary hall and there,

there is definitely a tonal shift on that. 3rd point, you see very reticent that kind of announcing those are what are some of the politics that went into this and why would the vitamin ministration that seem to campaign on making climate change a priority? why did what did they do this? yeah, well that's absolutely right and just to start with, by these campaign promise of no new leasing or development on federal lands and so on. on from that perspective, this looks like a major walk back from the, by the administration. and it really looks like they're trying to save face here, and i think that's why we see those, those other actions. but we also have to remember that biden is a savvy political leader and alaska is congressional delegation. has been very outspoken about wanting to see this project go forward, and that congressional delegation, especially these mccallski and alaska,

is congress women marybell taught are really important for other federal decisions that need to be made for other, especially for sen. mccallski, for judges. that need to be confirmed. so this was certainly a political decision on the biden ministrations are. and as you can tell that they're, they're not particularly happy about it. but i, clearly, they thought this was the most prudent political decision based on, on the context, especially the geopolitical context of the ukraine. traces right now. you know that, that, well actually i want to move on, but can you just touch on that for a 2nd? why do you crane change the political decision here? yeah, and so, you know, the united states has historically, you know, we had declining oil production ever since the 970 s because of slick water hydraulic fracturing it really created a kind of energy revolution in this country. and so we have been exporting vast quantities of l. n. g liquefied natural gas to europe, to help replace russian natural gas. so united states has played a new,

more muscular role in european and global energy affairs. and there is a perception with this project that the united states needs to maintain a certain flow of energy to be able to support our allies. and that, you know, you would see the last delegation and other say that energy is best coming from domestic resources. and from, from the state of alaska. so i'm coming over this next question to you. i want to share my laptop with the viewers. i'm looking at a report from the i e a. this is the international energy association. they are very pro energy. they came out with a report about how the world can get to net 0 by 2050. and in this report, i'm going to share this here. it says there is no need for investment and new fossil fuel supply in our net 0 pathway mccook. do you believe that that new fossil fuel projects will lead the world to the tipping point for climate change faster?

we think that, you know, we're in this transition period and, you know, biden himself mentioned that we're going to need the resource for at least 10 years . we can argue, i think that it might be longer than that. so the choice to do it domestically. i think it's a good choice, we definitely appreciate it on our slow because the economic benefits that projects like this provide to our communities. you know, the only other option is depend outsourced that to other countries. and i think that they're making the right choice with respect to this it. but back to the heart of that question, do you believe new projects will push the world closer to climate catastrophe towards climate catastrophe? i don't think so. i think the u. s. is doing a great job as far as you know, the projects to reduce the, the climate footprint. you know, i think one of the things we could do is produce natural gas that they mentioned the fracking down and lower 48 that allowed for the reduction in greenhouse gas emissions within the united states. so i think if we do it responsibly,

we can minimize whatever the effects are going to be going forward for people, we're talking about this on social media down the city on video on tick tock. this is sunny or gretna and i want to share it with the audience. today i am mourning the loss of biodiversity, the increase in permafrost on the continued coastal erosion and global, the rise. as a youth, i'm morning, the fact that we're losing years of our lives to dedicate to this advocacy work and the uphill battle that is ahead of us a morning. the fact that we don't have the luxury of previous generations to push this responsibility of a transition away from fossil fuels and contending with where sitting climate change on to future generations and generations that come after us. we don't have the time to do that. poly and in your reporting, how do you reconcile man the motions in that video. the concern that that

generation has and not just that generation about climate change and what's happening and not wanting to just give up but also in the group. what are pointing out, you know, the, the local economic benefit that they need, that there? how do you balance these? so i think it's really important, especially when it comes to oil and gas development in, in june as communities one the. ready fact of the tribal sovereignty and self determination, which is local, indigenous governments and officials can decide what they choose to do with the land that they occupy. and so i think when we're having these conversations, it is really important to understand that tribal sovereignty and self determination is having these indigenous leaders decide what they want to do. and part of this is that alaska is

a oil and gas state. and so the majority of the state's income comes from oil and gas revenue. and so, and part of that too is that alaska doesn't have a state income tax or sales tax. and those are also part of the conversation. and in the north slope borough, the majority of the revenue and tax revenues come from this development and project like willow and in places that are so isolated that don't often have you know, access to sort of economic development these projects. you know, it's reconciling both of these of yes, the climate change is happening. and then also, you know, the community is me, jobs and tax revenues to continue to uplift and build their communities. and i think 2 things can be true at 112. i'm having some voices here from you to right

now who are watching the show. this is jerry miller says, people like to have a functioning economy where they can afford to live t r. c, 23 man toby, when a peg says and digital people, digital culture, native americans 1st and then a few other people say it's about time or drilling. and then on john 226 as this earth age will be long over by 2050. there's a sense of like the for the places that depend on oil and gas for their economy. even with the report that came out the i p c. c report that came out that we have about 10 years left. i just read a report about that this morning that showed what saudi arabia and norway pushed back in the negotiations for, for that report to come out. and i had this feeling not living in a place that depends on exporting orland gas that i'm held hostage to the maybe

local economic concerns that the future of the the plan. it'll be fine. that's not the future. the planet is the future people on the planet that i'm concerned about . how, how do you see a path forward where local economic concerns biting a girl brought up can be reconciled with greater global prices concerns? absolutely, this is, this is a great question. i just want to go to, i was talking about few minutes ago with the economics of oil and gas in alaska because you know, so many people have this long standing perception that alaska is an oil state. and basically what happened is after the discovery of probate, $968.00, after the construction of the trans last pipeline system, in $977.00, the state of alaska rewired its economy to run on oil, right? we don't have an income tax, we don't have a sales tax, we don't fund ourselves like other states. and so over the past few decades, this has been true. but what's really fascinating is that we are actually getting

the majority of our income today from earnings on investments from earnings on the alaska permanent fund, right. this is our sovereign wealth fund. so we're actually more of an endowment state today than we are an oil city. and i'd also add that, you know, this willow deal is not a good deal for the state of alaska. we're actually going to be getting less revenue over the next 10 years because of this oil development because of the way that our oil taxes are structured as a state. so when it comes to transitioning away from that, we've already begun to transition because of the money that we've saved, that we're on gas revenue, we've turned a non renewable resource into a renewable resource. and alaska has some of the best renewable resources on the planet. right, we have phenomenal wind, we actually have phenomenal sunshine during the summer, right when we have almost 24 hours of light in different places in the state. and we're phenomenal geothermal resources. so i'm actually abolish that alaska can

short a path here towards a sustainable economy while still providing for the needs of people i want to bring in another video comment. this is from brenda to bears. she's with keep it in the ground. she's li coordinator at the indigenous environmental network. that's a i. e and hairless one. she has a say the willow project is the next climate bomb. the building of this pipeline is going to lock the u. s. in front of the 30 years, at least to unnecessary fossil fuel emissions. the ecological and spiritual damage brought on by this project is not going to be offset it or supplanted instead is going to put the food security health and identity of 6 a new p. f. villages at risk out there on the northern slope. the knocks it is one of those nuclei villages and they're already suffering from extreme pollution with the existing oil projects. what's going to happen to them when they are caribou disappear? how are they going to supplement their food with local hunting and fishing, with nothing to 100 fish?

the will project is only going to devastate because fossil fuels have always and will always increase serious health impacts for in new york and indigenous communities in the region. and around the world, indigenous lands and communities are not sacrifice, owns the correct use of phrase they are climate bomb, the secretary general of the united nations. antonio gutierrez, also called the report i referred to earlier, di pcc report this week a how to guide to diffuse the climate time bomb. what do you think about phillips suggestion for all the green energy that alaska could be producing there? why not do that rather than extract fossil fuels? you know, i think that the base for the reason that i represent whatever their transition looks like and whatever systems that may be available to put in place, it's going to require an investment. we have an opportunity through the revenues that we're going to generate to be able to make those investments ourselves,

to be able to decide what system that we want to place ourselves. kind of goes back to the idea of self determination, right? we had a force to see the table back in the 1970 to don't benefit economically from the development that was going to take place. and we have an opportunity to, to utilize that to, to generate the revenues, to move our communities, to the future. philip, do we actually is there enough gas available right now with the current projects to meet the needs or new growth bought up in one of his early answers that you know, the transition isn't going to happen for maybe 10 more years and we're going to need oil during that time. well, what i would say is that, you know, we have known about climate change in alaska for decades, right in the group brought up the formation of the north. so bureau in 1972, fighting for a seat on the table. and one of the key leaders in that transition was a gentleman by the name of evan hobson. and evan hudson was talking about climate change coming from oil and gas back in the 1970 s. so we've known about this for a long time. alaska had a governor, steve cooper, in 1990, who introduced

a climate change report to the alaska legislature. so we have known about this for decades. we have not taken the action that we need to for decades. and now we're suffering the consequences because of that. so i think the logic that, you know, a, it's certainly helpful to have more money, more investment for this transition. but as we look at the global landscape right now, renewables, especially solar, is the cheapest form of energy that we've ever discovered as humanity rife, the scientists have done their job. we have the tools and technology in front of us, and what we need is the political will. and you know, we really need to be deploying these technologies at scale to d, carbonized our economy. all right, here's another comment from you tube. it says, are they ready for another trump error, because biden will lose young voters, especially after going back on as promised to protect the climate. and i want to bring in one more video comment from our community. this is from jade be gay,

the director of policy and advocacy at the indie in collective we are, of course, very concerned about the impacts to the local indigenous community and tribes that live in europe. where the will a project will be built and expanded. not only that, but we are really concerned about what this means for indigenous communities across the world. because we know that climate change does not happen if you definitely put us well beyond that whole point. meaning, meaning, more catastrophe for vulnerable populations like indigenous communities, rural communities, and low income communities, poly there and get jump and go for that. so one of the things that i really want to

make sure is under to then the context of this issue is that colonization and america saying with or without you, we are going to develop this land and the indigenous leaders of the arctic, you know, forcing a seat at the table, i think needs to be a part of this conversation because context does matter. and that capitalism and colonization had deeply impacted. ready business communities and so we see that here today. and so you have indigenous communities who are reliant on these oil and gas funds because the federal government forced this development force with or without the voice of indigenous people. this development would have happened. and so when we're talking about that, i think that that needs to be a part of the conversation as well. and then also when we're talking about green energy, you know, there are conversations now about lithium mining and how close those are. you could

be more precious that's tomorrow show on the stream. we're doing lithium. yeah. for people like me that drive an electric car. we've been talking about oil and gas is leak. well, 2 miles my turn to get it with the lithium question. i'm glad you brought that up, but neglect i want to give you a chance to respond to poly. do you feel like this is forced upon you by colonization and the u. s. government? you know, i think at the time in the 70s they were going to drill with or without us. they were going to extract the resources off the north slope and, and in order for us to provide for communities they set up in our slow bar, early leaders set up in our slow borough and really and knew that that there was going to be the revenue that was made available, we were actually sued by the oil companies as well as the state of alaska, $11.00 that suited court to be able to develop the nurse, la barone have been providing for communities ever since. and it is an important context that we were, we were forced into the situation that right now with the borough, with the alaska native claim settlement act and were utilizing the tools that were

made available to us to do the best that we can to support the people our constituents in the different regions across the state. you know, given the choice, if you had another, another choice like someone was offering you an equal amount of money for green energy project there. what would you take that? i mean, if, you know, i think that we're open to any ideas to replace the revenue, right. we could replace the energy probably a lot easier then we can replace that revenue, right? so it did. you can have one without the other necessarily because then you just thrust communities back into potential poverty. they might not be able to pay that energy bill doesn't matter where it comes from. so you need the economy economy to be able to support a real quick. we got less than 2 minutes here. philip. we did a show yesterday about a new pipeline project and uganda and tans in the year. what does the rest of role supposed to think when they look at the us starting new fossil fuel projects while kind of wagging the finger at places like you got to saying don't add to climate change? yeah, absolutely. i mean, i think this the binding ministration,

the u. s. i think have lost a significant amount of leverage and credibility with this decision at the same time. we also have the bind administration passing the most ambitious and aggressive climate legislation and us history. ready the inflation reduction. what we can certainly say is that we know that there's a carbon market. we know there's a certain amount of oil and gas that we can burn before we exceed these planetary tipping points, right? you often hear about 2 degrees celsius, referred to and with the willow project. you know, konica philips is about $58.00 a barrel, which is relatively high cost oil. and this is oil. that's gonna be. ready produced in the 20 thirty's 20 forty's well into the 2015. and so what we know with this project is that, you know, the, the folks who are developing this are planning on there being a lot more oil and gas in the future. and not keeping to the carbon budget that the scientists say that we need to stick to that that's going to be our final word i'll,

i want to take all 3 of our guests for being here with us today. and as poly perfectly set up for us tomorrow, we're going to be talking about new energy. we're going to look at electrical vehicles and what they need to be more sustainable going forward. so i want to thank you for watching today and hopefully we'll see you on the show tomorrow. ah ah ah, i know,

i wish i was with no body. does me it makes me happy. makes me feel those i was with me. coveted beyond well taken without

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