As Oil Price Plummets, Call to Nationalize Industry Rises
As Oil Price Plummets, Call to Nationalize Industry Rises

As Oil Price Plummets, Call to Nationalize Industry Rises

Thandiwe Beloved Aca

8 min
News
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Description

The price of oil dropped below zero, prompting new subsidies from the Federal Reserve. Progressive voices in the U.S. and Canada have a different idea: nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.

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