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Tag Archives: nuclear weapons

Big Super is still investing in nuclear weapons: report

Quit Nukes / The Australia Institute Media Release

A new report has found that despite claiming not to invest in ‘controversial weapons’ 13 of the top 14 Australian super funds are still investing in nuclear weapons companies, in some cases even in an option described as ‘responsible’.

One of the 14, Hostplus, has excluded nuclear weapons companies across its portfolio since December 2021.

At least $3.4 billion of Australian retirement savings are invested by these funds in companies involved in making nuclear weapons, according to the new research conducted by Quit Nukes in collaboration with The Australia Institute.

The report analyses financial returns and finds that the exclusion of nuclear weapon companies from portfolios has an immaterial impact on returns.

Rosemary Kelly, Director, Quit Nukes:

“It’s frankly unconscionable to sell super fund members a responsible investment option and then use their money to invest in nuclear proliferation.

“The thing that makes this baffling is that investing in nuclear weapon companies is just completely unnecessary in the broader scheme of things.

“Superannuation funds should divest immediately from weapons manufacturers who produce nuclear weapons. If you’re a member of 13 of these 14 leading funds you can request that your fund divest or threaten to take your savings elsewhere.

“Super funds are being sneaky by boasting of policies to exclude “controversial weapons” but not counting nuclear weapons as “controversial.” That’s pretty hard to swallow when you consider that most ESG advisers now consider nuclear weapons as controversial weapons, given the UN Treaty on the Prohibition of Nuclear Weapons that came into force in 2021.

Alice Grundy, Research Manager, The Australia Institute:

“The most frustrating thing about the lack of process in this area is that excluding nuclear weapon companies from super portfolios is so easy. Divesting has an immaterial impact on investment returns.

“Your super fund could divest your money from nuclear weapon companies without materially impacting your returns.

“So long as nuclear weapons exist, nuclear war is an ever-present risk. Its impacts would be catastrophic. Even a limited nuclear war, involving say 250 of the over 12,000 nuclear weapons in the world, would kill 120 million people outright and cause nuclear famine, putting 2 billion lives at risk. There would be massive impacts on global supply chains and manufacturing.

“The long-term financial implications should be factored into decisions about where to invest Australian super.”

The full report

 

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Nuclear weapons – always inhumane and unacceptable, now illegal

The nuclear weapons ban treaty has achieved the 50 ratifications needed for its entry into force.

By Tilman Ruff

On Saturday, 24 October, the 75th anniversary of the founding of the United Nations, Honduras brought the number of nations to ratify the UN Treaty on the Prohibition of Nuclear Weapons (TPNW) to 50. This means that 90 days later, on 22 January 2021, this treaty will enter into legal force and become international law, binding on the states that have already ratified it, and all those which subsequently do. Outlawing nuclear weapons is an essential step to eliminate them, the only reliable way to prevent their use. This is a historic achievement and an enormous win for planetary health.

For its role in achieving the treaty, the International Campaign to Abolish Nuclear Weapons (ICAN), founded in Melbourne, became the leading civil society coalition working with governments to conclude the nuclear weapons ban treaty. For its work for this treaty, in 2017 ICAN became the first Australian-born entity to be awarded the Nobel Peace Prize.

Growing danger

The treaty is especially needed in the face of the real and present danger of nuclear war climbing higher than ever. The hands of the Doomsday Clock stand further forward than they have ever been: 100 seconds to midnight. All nine nuclear-armed states are modernising their arsenals with new, more accurate and ‘useable’ weapons; their leaders making irresponsible explicit nuclear threats. The cold war is resurgent – hard won treaties reducing nuclear weapons numbers and types are being trashed, while nothing is being negotiated to replace them, let alone build on them. If the Trump administration allows the New START Treaty to expire, then from 5 Feb 2021, for the first time since 1972, there will be no treaty constraints on Russian and US nuclear weapons. Armed conflicts which could trigger nuclear escalation are increasing in a climate-stressed world. The rapidly evolving threat of cyberwarfare puts nuclear command and control in jeopardy from both nations and terrorist groups. Close to two thousand nuclear weapons remain on hair-trigger alert, ready to be launched within minutes of a leader’s fateful decision.

The radioactive incineration unleashed by nuclear war involving even less than 1% of the global nuclear arsenal targeted on cities in one part of the world would be followed by a worldwide nuclear ice age and nuclear famine, putting billions of people in jeopardy.

As the World Health Organisation and Red Cross/Red Crescent movement have confirmed, health and emergency services could not respond substantively to the needs of the victims of even a single nuclear weapon exploded on a city. When there is no cure, prevention is imperative.

Treaties work

The TPNW fills a gaping hole in international law that for far too long saw the most destructive weapon, the only weapon which poses an existential threat to all humanity and to the biosphere, as the only weapon of mass destruction not to be prohibited under international law.

Consistent lessons come from experience with biological and chemical weapons, antipersonnel landmines and cluster munitions. Treaties which have codified in international law the rejection of an unacceptable weapon have provided a crucial basis and motivation for the progressive work of eliminating these weapons. Providing one legal standard for all nations has been essential to the substantial progress made in controlling banned weapons. All the weapons subject to treaty prohibition are now less often justified, produced, traded, deployed and used. No indiscriminate and inhumane weapon has been controlled or eliminated without first being prohibited.

Nine nuclear-armed states, the 30 nuclear-dependent members of NATO, Australia, Japan and South Korea appear unlikely to soon join the TPNW. Australia’s opposition to the TPNW is at odds with its support for all the bans on other inhumane weapons. The sticking point is that Australia cannot be serious about nuclear disarmament while claiming that US nuclear weapons are essential to Australia’s security, and providing assistance for their possible use. There is nothing in this treaty which stops non-nuclear military cooperation with a nuclear-armed state, as other US allies like New Zealand, Thailand and the Philippines have already proven.

There are welcome signs towards Australia getting on the right side of history, including support for Australia joining the treaty from parliamentarians from a wide cross-party spectrum. Labor leader Anthony Albanese and shadow foreign minister Penny Wong welcomed the 50th ratification and affirmed Labor’s National Policy Platform commitment to joining the treaty.

A sure sign that this treaty matters is the strong opposition it continues to arouse among nuclear-armed states. Last week the Trump administration wrote to all states that have joined the treaty saying it “turns back the clock on verification and disarmament and is dangerous” and admonishing them that “… you have made a strategic error and should withdraw your instrument of ratification of accession.” They are clearly nervous that the treaty becoming international law puts their continued justification and possession of nuclear weapons on notice and exposes their failure to deliver on their obligation to disarm.

Another important sign that the treaty matter is that money is already moving away from companies that profit from making the worst weapons of mass destruction, soon to be illegal. The world’s largest sovereign wealth fund (in Norway), major banks (like Deutsche Bank, KBC in Belgium and Kyushu Financial Group) and pension funds (including ABP, Europe’s largest) are among the growing number of financial institutions that have divested from companies building nuclear weapons. Every responsible financial institution should now do the same.

In a dark time, the TPNW shines a light on the most promising path to free the world from the risk of indiscriminate nuclear violence. Not only does the treaty provide a comprehensive prohibition of nuclear weapons, it also provides the only internationally agreed framework for all nations to fulfil their legal obligation to eliminate these weapons.

Further, the TPNW obliges nations which join to provide long neglected assistance for the victims of nuclear weapons use and testing, and to undertake feasible remediation of environments contaminated by nuclear weapons use and testing.

All states should join the treaty as a matter of urgency and faithfully implement it. Time is not on our side. The treaty provides our best hope for the worst weapons.

A/Prof Tilman Ruff AO is co-president of International Physicians for the Prevention of Nuclear War (Nobel Peace Prize 1985) and founding chair of ICAN (Nobel Peace Prize 2017).

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Will This Kill Americans?

Politics used to be hard. You had to balance the needs and desires of a wide range of stakeholders with competing interests. You needed to communicate the benefits of your actions, and contrast them to the failures and flaws of other approaches as proposed by your political opponents, interest groups, lobbyists and the media. You needed to worry about balancing the budget, setting an appropriate level of tax and impost on those with plenty without offending them so they would prefer to spend their money on pulling you down, and an appropriate level of social support for those with little so they don’t spend their time marching on the streets. Politics used to be about a million little decisions and benchmarks and complicated analysis of every possible decision to identify, as closely as possible, the full range of those it could hurt or help.

With the rise of right-wing populism, and the ensuing assumption to the Presidency of Donald Trump, it is becoming apparent that these considerations are luxuries. There are basic, fundamental questions and requirements that must be met before higher-level consideration of costs and benefits can be addressed. The United States of America, to date, has been blessed with leadership that can largely take these fundamental questions as granted; Presidents and Congressmen for whom common sense and fundamental decency provided a baseline of behaviour and practice allowing politics to move on to the more complicated and difficult questions of policy.

Through Donald Trump’s published positions, his appointments to key roles in government, and the avowed desires of the Republican party he leads, these basic requirements can no longer be assumed. Accordingly, it may be appropriate to boil fundamental policy deliberation down to a simple benchmark, which may be summarised as follows:

Will this kill Americans?

If this is a fundamental benchmark, unfortunately in the lead-up to his inauguration, Donald Trump’s record so far is not promising.

The Affordable Care Act

Even before Trump has entered the Oval Office, he and his incoming administration are taking the first steps to dismantle the Affordable Care Act. Commonly (and derogatively) referred to as “Obamacare”, the ACA made significant changes to America’s healthcare systems. (A simplified explanation is available here: https://www.youtube.com/watch?v=JZkk6ueZt-U) Whilst there were some people who faced higher taxes, and some who were forced to buy (subsidised) health insurance or face a levy, the main outcome of Obamacare was to massively increase the coverage of health insurance. Suddenly, millions of Americans who previously did not have and could not get insurance were able (and required) to get insurance. Empirically and provably, this saved lives, and continues to do so.

Provisions in Obamacare improved hospital care standards and reduced preventable deaths. The Affordable Care Act made it illegal for insurers to deny insurance to those with prior conditions. The ACA made it illegal for insurers to classify “being a woman” as a pre-existing condition and charge higher premiums. The ACA provides means-tested subsidies for health insurance. The ACA significantly expanded Medicaid (America’s version of Medicare). The ACA regulated subsidies for medicines and ensured access to those who needed them. And the Affordable Care Act prevented insurers from unilaterally cancelling insurance for Americans when they got sick.

Even if the Republican Senate and Congress replace the Affordable Care Act promptly, the kind of plans they have suggested and are still promoting will be a return to the bad old days and all of these things, demonstrably detrimental to the lives and health of the American public, will return.

According to critics, repealing Obamacare would put coverage at risk for more than 20 million Americans covered under the law’s insurance exchanges and Medicaid expansion. Repealing the Affordable Healthcare Act, with no replacement scheme ready and potentially no intention to ever implement such a replacement scheme, will inarguably kill Americans.

Commission on Vaccine Safety

On 10 January, President-Elect Donald Trump had a private meeting with Robert F. Kennedy, Jr., who later the same morning claimed that Trump had asked him to lead a government Commission into Vaccine Safety, including ensuring “scientific integrity in the vaccine process for efficacy and safety effects.” Kennedy is a well-known vaccine skeptic, a proponent of ideas first raised by Andrew Wakefield. Wakefield’s research was later proved to be falsified, with the British Medical Council finding Wakefield guilty of dishonesty and of “callous disregard” for the pain of the children in his study.

Despite being struck off the register of licensed medical practicioners and thoroughly disgraced, Wakefield’s ficticious link between vaccines (and the preservatives in them) and autism has persisted. Thanks to some high-profile advocates (Jenny McCarthy, Jim Carrey and Rob Schneider are amongst the most well-known) there remains a substantial undercurrent of skepticism towards vaccination of children, a trend that public health advocates have struggled for decades to address.

To the list of public proponents of the vaccines-autism link you can add Donald Trump, who has been a critic of immunisation for decades. Now, as President-Elect, he has the public profile that takes his beliefs from “dangerously misguided” to “actively harmful”. As President, the things that Trump believes and states will hold some weight with Americans. The things he chooses to support – such as an official investigation into the “dangers of vaccination” – will affect the beliefs and actions of Americans. By appearing to support the connection of vaccination and autism (and other, unspecified harms) Trump gives legitimacy to those who oppose immunisation and either choose not to vaccinate their own children or encourage others likewise.

The antivaccination movement is already too strong. Increases in the rate of unvaccinated have contributed to outbreaks of preventable disease in the last few years – for example, a measles outbreak at Disneyland in 2014, which contributed to a resurgence of the disease after it was almost eradicated in the year 2000. That outbreak did not cause any deaths, but it could have. The CDC estimates that 164,000 people around the world die from measles each year. Whooping cough, another vaccine-preventable disease, is experiencing a resurgence in the United States and, globally, causes almost 200,000 deaths per year.

Preventable diseases will not always kill those that experience them. Healthcare in the United States is reasonably high-quality and most of those admitted to hospital with measles or whooping cough or other diseases will survive. However, not all will. And with the increase in the rates of non-vaccination, major outbreaks of disease become more likely, herd immunity decreases, and the severity of diseases will increase. Playing with unscientific, dangerous screeds like vaccine-autism linkages will contribute to a reduction in the American public’s health and well-being, and whilst the linkages might be tenuous, will kill Americans.

Trump’s Attitude Towards National Security

By now you may have heard about Michael Moore’s recent prediction about Donald Trump’s Presidency. No, not the one that correctly predicted, six months in advance, that Trump would win. The other one. “Donald Trump is Gonna Get Us Killed“. Moore argues that Trump’s attitude towards the daily security briefings each President receives from the combined services of the country – to wit, that he doesn’t “need to hear the same thing over and over each day for eight years” and won’t bother to attend them – will weaken America’s readiness for the next terrorist attack. Perhaps starting as he intends to continue, reportedly Trump had only attended “two or three” of the first 36 briefings.

It might be argued that the security apparatus of the United States has things well in hand, and Trump’s inattention won’t, by itself, lead to security breaches. Moore points to George W Bush, who allegedly ignored briefings that, if acted upon correctly, might have prevented Bin Laden’s 11 September 2001 attacks on the World Trade Center and Pentagon. It’s easy in retrospect to say that more attention to any specific piece of information could have reached a different outcome, but there are a multitude of threats and countries do have to rely primarily on their security forces, not the actions of a specific Head of State.

It is surely, however, incumbent upon that Head of State to pour oil upon troubled waters, not petrol onto fires. The world in 2017 is rife with threats – from climate change and the global unrest it will create, to the imperial ambitions of China and Trump’s good friend Russia, to the bellicose rumblings of North Korea and Iran, and the ongoing threat of Isis. So is Trump a peacemaker? Or is he a trembling finger-breadth from pressing the nuclear button?

The President of the United States is the only person in the world with the ability to unilaterally launch a nuclear strike. The executive powers granted to him do not require a second person to confirm the order, and nobody in the US government has the authority to countermand or disobey him. The only thing stopping a President from laying waste to a city full of civilians – and seventy years of tacit agreement not to use nuclear weapons – is an appreciation of the ramifications.

Donald Trump’s instant response to any form of criticism or threat is to attack with full force. America’s early warning systems have malfunctioned and provided erroneous information about an incoming nuclear attack on the USA on many previous occasions. It may be unreasonably optimistic to think that Trump, given a maximum of twelve minutes to make up his mind, would delay a counterstrike long enough to ensure that the information was correct. A nuclear war, however short and brutal, would definitively kill Americans.

Trump can kill Americans without ever triggering a nuclear attack on US soil. The President-Elect’s pronouncements on nuclear proliferation are in direct contradiction to the USA’s official push for nuclear disarmament. Trump seems to think that the development of nuclear weapons by Japan, South Korea and Saudi Arabia is a good thing. Nuclear strategists know that proliferation is probably the worst possible outcome for prevention of a nuclear war – smaller nations having access to nuclear weapons raises the possibility of a nuclear engagement that could be regarded as “localised”. Until now, the chief reason nobody has used nuclear weapons is because to do so invites global armageddon. A world in which a nuclear weapon can be seriously considered as a military tactic is a world one step closer to their use, but to think that a nuclear engagement could stay localised may be wishful thinking: wars of any stripe have a long history of escalating.

Trump’s aggressive posture towards ISIS and Islamic extremism make Americans a more tempting target for Jihadis and invite further terrorist attacks, both on US soil and wherever American troops may be stationed overseas. Trump’s disdain for NATO reduces the effectiveness of a flawed but necessary deterrent to European wars. And Trump’s America-First approach to military treaties threatens to destabilise regions including Australia’s own region.

To form his administration, Trump has assembled a cadre of conspiracy theorists and right-wing media barons, of redneck generals and billionaire businessmen. Notably lacking are cool heads and long experience in the fields of national security or international diplomacy. The Trump presidency has the potential to be one of ongoing global strife, and the man at the helm is not one to act as a force of moderation. Whether or not the nukes start flying, Donald Trump is likely to get Americans killed.