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Gizmodo Oil Industry

Anything Trump Does to Prop Up the Oil Industry Will Fail

A recent report Bozuwa authored for the Next System and Oil Change International calls for a worker-first approach to any oil and gas bailout and lays out how to make it happen. The report also argues any bailout should actually be part of a plan to nationalize the industry, which again, look at how the coal industry has handled its decline if you need any other reason to consider it.

“Part of our proposal is a Just Transition Agency that would help provide federal guidelines and support on the transition, paired with regional and community planning to transition economies and workers off extractive industries,” Johanna Bozuwa, co-manager of the Democracy Collaborative’s climate and energy program and author of the nationalization report, told Earther by email. “An analysis of six different european countries’ coal transitions including Spain, the Netherlands, Germany and Poland, had a integral piece of advice: anticipation is key.”

Read the entire article at Gizmodo.

Publication date: 2020-04-21
Parent publication: Gizmodo
Publication URL: https://earther.gizmodo.com/anything-trump-does-to-prop-up-the-oil-industry-will-fa-1842986829

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