What We Need to Do About Oil

• Make collective changes through the political process, not the “invisible hand” of the market.• Clamp down on oil speculation.• Institute a permanent carbon tax and increase gasoline taxes to create the funds and incentives for transforming our fossil fuel economy, whether or not oil prices drop.• Ramp up public funding for mass transit.• Invest big time in wind and solar energy.• Pack people into denser areas, whether it be cities or towns.• Create local economies where communities are able to reproduce most of their daily means of survival: food, housing, transport, healthcare and entertainment.• Say goodbye to the transnational corporation.

To read the full article by A.K. Gupta click here.