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(cc photo: Bex Walton)
This week on CounterSpin: As the coronavirus pandemic shut down business as usual around the world, some saw a kind of silver lining in emerging images of formerly gray skies returned to blue, skylines re-emerging from years of polluted muck. More than an “ironic upside,” those images were a message: that situations presented as inevitable have always been choices, that it is action—and inaction—that have kept those skies gray.
Covid-19 may be hastening things, but the oil industry was already on the ropes. And while we welcome the demise of an industry that does such harm, we have to remember that a creature can do tremendous damage in its death throes, and that a better way forward isn’t guaranteed, unless we fight for it. We learn about the “end of oil,” and what could come next, with Antonia Juhasz. She’s an energy analyst, journalist and author, whose books include The Bu$h Agenda: Invading the World, One Economy at a Time; The Tyranny of Oil: The World’s Most Powerful Industry–and What We Must Do to Stop It; and, most recently, Black Tide: The Devastating Impact of the Gulf Oil Spill.
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Plus Janine Jackson takes a quick look at recent coverage of election theft, campaign false balance and political violence both-sidesism.
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Transcript: ‘Investment in Fossil Fuels Yields Much Less Returns Than the Green Sector’
If the public owns a large amount the debt of the oil companies and the demand for oil is so low that it is being offered at rock bottom prices, why can’t the public buy these companies and take over their operations in order to shut them down and keep the oil in the ground???
Yes, eliminate oil. Of course, you’ll grow your own food, make you own clothes, pay much higher electricity costs, won’t travel, won’t buy plastics, buy a much smaller house, etc. oh wait, you probably didn’t think that through.
If the public owns a large amount the debt of the oil companies and the demand for oil is so low that it is being offered at rock bottom prices, why can’t the public buy these companies and take over their operations in order to shut them down and keep the oil in the ground?