Keeping Democracy Alive with Burt Cohen
After 50 years, A Tipping Point for the Defeat of Fossil Fuels?
What we’ve been saying all the years has come true. The easy oil days are over. Banks are always leery of making bad investments, and heavy footprint fossil fuel interests also frighten the insurance industry. Oil is just not profitable any more. Extraction, transportation, pipelines all yielded bad publicity and public opinion does matter to investors. On this show Professor Richard Lachmann sheds welcome light on the tipping point that may have at last been reached, where sustainable energy is now clearly seen as a wiser investment. And the fact is protests have worked.