Nutty Magazine Urging to ‘Nationalize U.S. Fossil Fuel Industry’ to Fight Climate Change
12th April 2022
A leftist magazine co-founded by former President Bill Clinton’s Secretary of Labor Robert Reich urged the federal government to seize control of the fossil fuel industry. Because … climate change.
The American Prospect, of which Reich is founding editor, ran an April 8 article headlined, “Nationalize the U.S. Fossil Fuel Industry to Save the Planet.” Leftist economist Robert Pollin argued that “Turning the biggest oil companies over to public ownership would serve several goals at once, including climate resilience.”
This is the same Pollin who co-authored a book with radical philosopher Noam Chomsky pushing a “Global Green New Deal.” In his new article, Pollin exploited the release of the Intergovernmental Panel on Climate Change’s latest climate doom-mongering report to argue: “[W]e must begin advancing far more aggressive climate stabilization solutions than anything that has been undertaken thus far.”