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Moderate Proposal

A Moderate Proposal: Nationalize the Fossil Fuel Industry

We’re facing a shale crash, a likely recession, and a surefire climate crisis. One particular policy could help solve all three problems.

Nationalization has a long and proud tradition of navigating America through times of crisis, from World War II to 9/11. No sector may be facing as profound a crisis right now as the oil and gas industry. With crashing oil prices, all manner of stimulus measures on the table, and previously tight-fisted politicians now thinking more creatively, nationalizing the fossil fuel industry might just be one of the most sensible ideas on offer.

Read the entire article at The New Republic.

Publication date: 2020-03-17
Parent publication: The New Republic
Publication URL: https://newrepublic.com/article/156941/moderate-proposal-nationalize-fossil-fuel-industry

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