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What We Need to Do About Oil
By A.K. GuptaFrom the July 19, 2008 issue | Posted in International | Email this article
• Make collective changes through the political process, not the “invisible hand” of the market.• Clamp down on oil speculation.• Institute a permanent carbon tax and increase gasoline taxes to create the funds and incentives for transforming our fossil fuel economy, whether or not oil prices drop.• Ramp up public funding for mass transit.• Invest big time in wind and solar energy.• Pack people into denser areas, whether it be cities or towns.• Create local economies where communities are able to reproduce most of their daily means of survival: food, housing, transport, healthcare and entertainment.• Say goodbye to the transnational corporation.
To read the full article by A.K. Gupta click here.
July 24th, 2008 at 4:17 pm
My question is why don’t we ration oil? Maybe this would bring the oil prices down. I am just thinking that if all of our PH.D’s from our top colleges, like MIT in Boston would have a round table meeting on the best way we could handle this major problem maybe we could come to a positive solution. They could send a manifesto to the Department of Energy and let them see we the people have had enough of their incompetence. I cannot beleive that we Americans are letting this oil problem take over our way of life. We need to do something. Thank You. JJ