Solves climate.
Pollin 22 — Robert Pollin, Distinguished University Professor of Economics, Co-director of the Political Economy Research Institute at the University of Massachusetts Amherst, 2022 (“Nationalize the U.S. Fossil Fuel Industry to Save the Planet,” The American Prospect, April 8th, Available Online at https://prospect.org/environment/nationalize-us-fossil-fuel-industry-to-save-the-planet/, Accessed 07-07-2023)
All such threats are real. Nevertheless, the climate emergency requires us to take big political risks., at least in the U.S., We therefore need to continue advancing a viable climate stabilization program in full recognition that the private oil companies stand as the single greatest obstacle to successfully implementing such a program. The most straightforward solution to overcoming this obstacle is to eliminate the profit motive altogether from the companies whose business model continues to be predicated on destroying the planet.