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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.

Read the entire article at The Progressive.

Publication date: 2020-06-02
Parent publication: The Progressive
Publication URL: https://progressive.org/magazine/life-on-the-edge-moore-lappe/

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