Gravity's Rainbow

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We really messed up the bank bail-out


It didn’t have to happen this way. The massive investment in the fossil fuel infrastructure after the bank bailout could just as easily have gone to renewable technologies, like wind and solar projects, which, in an ironic twist, have been pilloried for their reliance on subsidies and inability to turn a freestanding profit. Today, that’s a better description of the fracking industry, which has been on a massive money-losing streak.

Source: How the Bank Bailout Hobbled the Climate Fight | The New Republic

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