A Plan to Nationalize Fossil-Fuel Companies
▻https://jacobinmag.com/2018/03/nationalize-fossil-fuel-companies-climate-change
ll progressives recognize that climate change is a grave threat that is already causing devastating damage around the world. There is less agreement about what policy options could seriously mitigate its effects.
One strong option: nationalizing fossil-fuel companies. While hardly discussed in the US, this ambitious approach is being proposed by the Labour Party in the UK and is already in place in Norway. It would work just as well in the US.