Older climate activists gathered in on hundred cities around the country for a day of action targeting banks that finance fossil fuel projects. New organization, Third Act, already has 50,000 members.
To avoid the energy catastrophe and reverse the huge loss in living standards already under way, we need to take over the fossil fuel companies and phase out their production with increased investment in renewables, to reduce fuel prices for households and small businesses.
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ConocoPhillips, Chevron, and other oil companies are paying negative taxes on huge profits. Sheldon Whitehouse, Ro Khanna, and other Democrats in Congress propose a windfall tax to change that.
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