Opinion | Nationalize the US Fossil Fuel Industry—Now!

  • 📰 commondreams
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

'Today’s climate crisis dwarfs the threat of Nazism in the 1940s, Bin Laden’s 9/11 attack, or the massive bank robberies that took place during the Reagan and Bush administrations,' says Thom_Hartmann. ' It literally threatens all life on Earth.'

We've nationalized industries before, but this time it's not just about saving our banks or fighting a war—it's about saving the planet.If you want to trigger a conservative, just suggest nationalizing the US gas and oil industry. “Venezuela!” they’ll scream hysterically, perhaps adding a few, “Iran!” squeals.

And, as we re-enter a cold war with Russia and face unprecedented human death and property damage fromit’s hard to claim we’re not in the midst of a national crisis that has fossil fuels at its foundation. FDR had sold bonds to the public to fund a government corporation that would develop synthetic rubber for fighter jet tires back in the day, and Carter wanted to do the same to end our dependence on fossil fuels:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in BUSİNESS

Business Business Latest News, Business Business Headlines