John Fullerton, former oil and gas investor, and President and Founder of The Capital Institute, talks about the economic impact of leaving fossil fuel reserves in the ground. If we’re serious about saving the planet, he says, energy companies need to agree to take a $20 trillion write-of. That makes the $2 trillion mortgage melt-down seem trivial.
Keep the press free. Fight political repression.
Truthout urgently appeals for your support. Under pressure from an array of McCarthyist anti-speech tactics, independent journalists at Truthout face new and mounting political repression.
We rely on your support to publish journalism from the frontlines of political movements. In fact, we’re almost entirely funded by readers like you. Please contribute a tax-deductible gift at this critical moment!