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The winning candidate, now the president elect, calls for rapid increase in use of fossil fuels, including coal; dismantling of regulations; rejectio… - Noam Chomsky
" "The winning candidate, now the president elect, calls for rapid increase in use of fossil fuels, including coal; dismantling of regulations; rejection of help to developing countries that are seeking to move to sustainable energy; and in general, racing to the cliff as fast as possible.
Trump has already taken steps to dismantle the Environmental Protection Agency (EPA) by placing in charge of the EPA transition a notorious (and proud) climate change denier, Myron Ebell. Trump's top adviser on energy, billionaire oil executive Harold Hamm, announced his expectations, which were predictable: dismantling regulations, tax cuts for the industry (and the wealthy and corporate sector generally), more fossil fuel production, lifting Obama's temporary block on the Dakota Access pipeline. The market reacted quickly. Shares in energy corporations boomed, including the world's largest coal miner, Peabody Energy, which had filed for bankruptcy, but after Trump's victory, registered a 50 percent gain.
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About Noam Chomsky
Avram Noam Chomsky (born 7 December 1928) is an American linguist, analytical philosopher, cognitive scientist, political analyst, human rights activist and anarcho-socialist.
Biography information from Wikiquote
Also Known As
Birth Name:
Avram Noam Chomsky
Alternative Names:
A. Noam Chomsky
•
Chomsky
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Additional quotes by Noam Chomsky
Say, take Rachel Corrie, local young woman, she was extremely courageous. She's a martyr for peace and justice. We happened to kill her too, even if we don't like to admit it. She was killed by U.S. sent equipment, which is Caterpillar... [Q: you draw that line right back to you and me sitting here?] Absolutely, we're responsible for it. I mean, we didn't drive the bulldozer, but why is it there? What's it doing? Who provides the military, economic, and diplomatic support for destroying the occupied territories?
If you look over the history of regulation — railroad regulation, financial regulation and so on — you find that, quite commonly, it's either initiated by the economic concentrations that are being regulated, or it's supported by them. And the reason is because they know that, sooner or later, they can take over the regulators and essentially run what they do. They can offer what amounts to bribes — offer them jobs or whatever it may be — it's an advantage to the regulators to accommodate themselves to the will of the powerful. It happens naturally in many ways, and ends up with what's called “regulatory capture.” The business being regulated is in fact running the regulators.
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