Antimonopoly Policy is Critical to Preventing a Climate Change Catastrophe
Hi everyone,
Today, Noema Magazine published my latest op-ed. In the article, I describe how antimonopoly policy can be used to tackle the climate crisis. In particular, I focus on how administrative agencies like the Federal Trade Commission, the Federal Energy Regulatory Commission, and the United States Department of Agriculture can use their congressionally delegated powers to enact green policies and tackle concentrated corporate power.
The full article can be read here. The first paragraph of the article is below. Enjoy.
In the face of escalating extreme weather events, monopolistic corporations that profit from activities that accelerate climate change have consistently blocked U.S. politicians’ attempts to avert disaster. In some cases, they fund think tanks that publish anti-climate propaganda. In other cases, they spend millions on lobbying politicians. State legislatures provide no sanctuary either, with big oil and gas companies providing funds to political campaigns and lobbying. In other cases, companies like Monsanto and Koch Industries directly fund lawsuits to protect their private interests. No opportunity to thwart progress seems to be wasted.