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A Plan to Nationalize Fossil-Fuel Companies

Peter Gowan

Peter Gowan writes in Jacobin Magazine "A Plan to Nationalize Fossil-Fuel Companies." In this article, Gowan writes about the Democracy Collaborative's research on the cost of nationalizating fossil-fuel industry: 

"This could be quite costly — writers from The Democracy Collaborative recently estimated “the price tag to purchase outright the top 25 largest US-based publicly traded oil and gas companies, along with most of the remaining publicly traded coal companies” at $1.15 trillion. But there are ways to minimize this cost while still obtaining all of the benefits."

Read more in Jacobin.