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In These Times: “Nationalize the fossil fuel industry”

Carla Skandier

Carla Skandier

Senior Research Associate with The Next System Project more

Environment & Energy

Given the profit incentive for fossil fuel companies to continue milking their reserves for profit, are we really ready to stake our collective future on the hope that these companies go green in time to avert climate catastrophe?

To break with the inevitable cycle of extraction that is leading us to climate destruction, the federal government “may have no choice but to de-privatize control of these reserves, which would detach them from single-minded profit interests and take fossil fuel companies, powerful forces of climate opposition, out of the equation as we genuinely figure out the rest of the green transition.”

Read the article in In These Times.

 

Carla Skandier

Carla Skandier

Senior Research Associate with The Next System Project more

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