OMNI CLIMATE MEMO MONDAYS, #130, JUNE 5, 2023
Thom Hartmann.
Nationalize the Fossil Fuels Industry.
David Schwartzman. China’s
peace plan, ceasefire in the Ukraine war, negotiations.
Dick. Rabbis: study leading to action.
Rabbis. Study if it leads to action.
[Hartmann makes a case
for nationalizing the fossil fuels industry.
Here is the conclusion of his article. To read the entire article go tohttps://www.commondreams.org/opinion/criminal-liability-for-climate-damage Thanks
to Fran for sending Hartmann’s excellent argument. –Dick]
Thomas M. Hanna,
Director of Research at The Democracy Collaborative and author of Our Common Wealth: The Return of
Public Ownership in the United States, compiled most of the data above in a
brilliant paper titled “A History of Nationalization in the
United States 1917-2009.”
Toward its end, he
summarizes brilliantly the case for nationalizing — perhaps only temporarily —
America’s largest oil and gas companies:
“In such times of political and economic
crisis, policymakers of all ideological persuasions in the United States have
never been hesitant to use one of the most powerful tools at their disposal:
nationalization of private enterprises and assets.
“This included the Democrat Woodrow Wilson, who nationalized railroads, and the
telephone, telegraph, and radio industries (among others), and the Republican
Ronald Reagan, who nationalized a major national bank; the Democrat Franklin D.
Roosevelt, who nationalized dozens of mining and manufacturing facilities, and
the Republican George W. Bush, who nationalized airport security and various
major financial institutions; the Democrat Barack Obama, who nationalized auto
manufacturers, and the Republican Richard Nixon, who nationalized all passenger
rail service.”
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.
It literally threatens
all life on Earth.
Yet the fossil fuel
industry continues to fund climate denial and lobby against any meaningful
solutions, as we saw when every Republican in the Senate along with coal baron Joe Manchin killed the $500 billion investment in clean energy the
Biden administration proposed in their 2021 Build Back Better legislation.
Squeals of
“socialism!” and “Venezuela!” aside, we know how to nationalize industries that
are working against our nation’s interests and have done it before,
repeatedly.
And this time it’s not
just about saving our banks or fighting a war. This time, it’s literally about
saving the world.
Stop Wars to Stop Warming: China’s Peace Plan
David Schwartzman. “How China can prevent climate catastrophe? Moving humanity toward global
ecological civilization.” Mronline.org (4-12-23).
As
the most recent Intergovernmental Panel on Climate Change (IPCC) report tells us, there is still a chance to keep warming at
no more than the 1.5°C target, but tipping points, to climate catastrophes much
worse than we are witnessing now, will kick in if this target is breached. It
is now crystal clear that ongoing wars, in particular
the Ukraine war, create huge obstacles to the global cooperation necessary for
any chance of meeting the 1.5°C warming target.Following the lead of China’s peace plan, we should support the call
for an immediate ceasefire in the Ukraine war, and for all parties involved to
negotiate. MORE:
https://mronline.org/2023/04/11/how-china-can-prevent-climate-catastrophe-moving-humanity-toward-global-ecological-civilization/?utm_source=rss&utm_medium=rss&utm_campaign=how-china-can-prevent-climate-catastrophe-moving-humanity-toward-global-ecological-civilization&mc_cid=012d9a82cc&mc_eid=ab2f7bf95e
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