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hatrack

(61,068 posts)
Tue Nov 26, 2024, 06:18 AM Nov 26

Shitstain's Goal: Turning America Into Yet Another Corrupt, Dirty Petrostate

EDIT

Jean Su, director of the Center for Biological Diversity’s energy justice program, raised the question after Trump tapped Chris Wright, CEO of the Denver fracking company Liberty Energy, to lead the Department of Energy. Wright accepts that carbon emissions make the planet warmer, but contrary to the scientific consensus, he argues that the financial and quality-of-life benefits of increased fossil fuel production outweigh the risks.

“Picking someone like Chris Wright is a clear sign that Trump wants to turn the U.S. into a pariah petrostate,” Su said in an emailed statement. “He’s damning frontline communities and our planet to climate hell just to pad the already bloated pockets of fossil fuel tycoons.” Climate scientist Michael Mann offered the same view in an essay soon after the election. “The United States is now poised to become an authoritarian state ruled by plutocrats and fossil fuel interests,” he wrote in the Bulletin of the Atomic Scientists. “It is now, in short, a petrostate.”

Economists and political scientists point out that the United States does not fit the classical definition of a petrostate. Its economy is far more diverse than those of nations that are hamstrung by dependence on oil and natural gas. Moreover, the vast majority of the wealth generated by fossil fuel production here goes to private parties—not into government coffers.

And yet, experts concede that the United States behaves like a petrostate at times: for example, in its long-time inaction on climate change and more recently, in the way it conducts foreign policy as the world’s leading oil and gas exporter. The fossil fuel industry’s influence is bound to be amplified under Trump, who does not view climate change as a serious problem and who describes “energy dominance” as a policy imperative. “The United States is acting a bit like, I wouldn’t necessarily say a petrostate, but like a state in which the hydrocarbon industry is a huge domestic constituency and source of employment and private sector revenues and now exports,” said Cullen Hendrix, senior fellow at the Peterson Institute for International Economics.

The oil and gas industry—even by its own reckoning—currently accounts for just 8 percent of the U.S. economy. Trump’s presidency will test whether competing interests—including businesses, states and citizens that favor a clean energy transition—can exert enough influence to prevent the United States from going down the path that has hobbled the governance and economies of nations that are reliant on a single commodity.

EDIT

https://insideclimatenews.org/news/26112024/will-the-united-states-be-a-petrostate-under-trump/

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Shitstain's Goal: Turning America Into Yet Another Corrupt, Dirty Petrostate (Original Post) hatrack Nov 26 OP
Yes the goal is to be like Russia and China. Irish_Dem Nov 26 #1

Irish_Dem

(58,803 posts)
1. Yes the goal is to be like Russia and China.
Tue Nov 26, 2024, 06:47 AM
Nov 26

Vastly wealthy corrupt dictatorship.

Third world standard of living.

Russia has a high suicide and alcoholism rate.
Life expectancy is low.

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