Life on the Edge
The COVID-19 pandemic has thrown the world into uncharted territory, with challenges that we have never seen before, but also fresh opportunities.
Today’s historic pandemic-induced oil industry crisis could open us to a bigger system solution. As The New Republic reports, Carla Skandier of the Democracy Collaborative proposes our “government takes a majority stake in privately owned fossil fuel firms, winding down production along a science-based timeline and giving workers a dignified off-ramp into other well-paid work.”
Sound too “socialist”? Note that publicly owned electric utilities already serve about fifty million Americans, from Nashville to Seattle, and at a lower cost than investor-owned companies.