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Frank Loomer's avatar

You can be pretty sure that many among "those with heavy stakes" are, and have been, building their personal fire escapes. Some are actually doing something about climate change. Despite the GOP stuff, USA overall... "The 1% increase in U.S. CO2 emissions in 2022 was much slower than the previous year's 7% increase. Nevertheless, the United States produced 4% less energy-related CO2 emissions in 2022 than just before the COVID-19 pandemic in 2019. Less use of coal was the largest contribution to U.S. emissions reductions in 2022." "In 2023, wind represented 28.6 percent of Texas energy generation, second to natural gas (41.8 percent). There are 239 wind-related projects in Texas and more than 15,300 wind turbines, the most of any state.|"

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Barbara Jo Krieger's avatar

Frank, Thank you for writing. Your comment reminded me of an October, 2020 discussion between NYT Editorialist Tom Friedman and then-CNN Host Chris Cuomo, wherein Friedman walked us through numerous examples of an oil industry already in transition. He concluded:

“The argument is over. The industry is in transition and the companies that aren’t are the ones that are going to go the way of the Stone Age. And Democrats should want to own this. We as a country should want to own this. I don’t want to go from importing oil from the Middle East to importing clean energy efficiency tools from China and missing the whole thing because we are not in transition; because we have a president (referring to Trump) who is so wedded to the Stone Age, he wants to go down with oil. And I don’t care to go with him.”

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