As oil price plummets, call to nationalize industry rises

Nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.

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SOURCEThe Real News Network

The price of oil dropped below zero, prompting new subsidies from the Federal Reserve. Progressive voices in the U.S. and Canada have a different idea: nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.

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