Big Oil wants to BURN it all

Very nice piece by William D. Cohan in The Nation, here.

I’m a full-time climate guy, but even so I rarely encounter this kind of honesty. In particular, the whole under-theorized problem of “stranded assets” has become a source of odd optimism. As if the ground truths of the Carbon Bubble will somehow, decisively tip the scales towards rationality and long-term thinking.

It’s not going to happen, not in any simple way. The fossil cartel breeds confident, exterminist ideologues. Its captains have the power to persevere in their beliefs.  Not, perhaps, forever, but for a long time yet.

They will have to be stopped.

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