I agree the money is going to come from the monetary supply and government acting as buyer and distributor of goods would be incredibly problematic. A subsidy of some kind for domestic production + placing a max profit markup IMO would be a more effective method.
hotelbravo722
joined 1 year ago
There is not much anyone can do TBH. Too much of the social/political/monetary systems we currently live in have exponential growth baked into their values. It's incredibly hard to turn that around. Now there is work being done on building a different economic system but its anyone's guess if the current system will bend itself into that direction or it just breaks and the new system fills the void. But either way capitalism is dying and there is no hope of saving it.
On what exactly? Also where do you store it? Like I am all for government activity to collectively stockpile and supply materials but what materials and for what purpose? Also should it be a federal project/state project/both? IDK sometimes its just easier to use price controls then it is to handle logistics.
As a born/raised/living Californian I can attest to the fact that its not California that is the problem. But as my ancestors would say it's "El Pinche Gringo's" that tend to be the problem.
Oh yeah in so many ways its a too little too late. The best time to have fixed this problem was 40 years ago, the second best time is now. Nothing will be perfect, and we are definitely going to get so many things wrong. All I am saying is that there is some hope for something better, just gotta keep focusing on that and try hard to not fall down the rabbit hole of existential dread.
I agree to an extent. I think governments or more accurately the civil servants in government are taking it seriously. I work with a local Doughnut Economics group and 2 years ago we couldn't even get the time of day, now the amount of calls and emails we have gotten from state, city & county officials is amazing. They want to take it seriously its just they don't know how. However in my experience I think they are starting to adequately freak out now, they are just keeping a straight face because "don't want the public to panic".
Which is dumb because like no one I know is interested in setting up a social/legal/economic Caste system in which "White People" are at the bottom. At best we got "don't let white dudes vote for a decade", mostly since they voted so hard for so long maybe it would be good for them to take a break. Go paint, write shit poetry, or frolic in the forest. IDC just fuck off for a bit while the rest of us put the world back together.(Angry Latino man rant)
Based on this statement it looks like they were compelled by the courts:
They also provided an update:
So it sounds like they had their hand forced in that instance to provide the data and got a court ruling that allows them in the future to not retain that data. I would trust them.
IMO its a "meh". Oil production is currently at an energy neutral state(amount of energy needed to extract is equal to the energy provided), in a decade or so its going to hit energy negative(energy needed to extract is more then energy provided). What should be happening is slow/begin halting extraction and storing all of that oil in the ground just in case we might need that energy surplus at some point in the future but that hurts quarterly profit returns so the oil executive solution to it is "suck it dry, not my problem".
Because he is not an actual progressive. Hes just a spoiled rich kid who like to pretend to be a progressive.
The land barons of CA are no joke. They are a problem that we are going to have to deal with one way or another.