Richmond

By Marisol Cantu, Eduardo Martinez, and B.K. White - Richmond Progressive Alliance, March 7, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance - February 28, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance, February 21, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance - February 14, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance, February 7, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance, January 31, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance, January 24, 2022

By Marisol Cantu, et. al. - Richmond Progressive Alliance, January 16, 2022

By Staff - The Climate Center, January 23, 2021

By Ted Franklin - System Change not Climate Change, December 2020

The Bay Area is home to one of the largest fossil fuel companies in the world. In October 2020 Chevron overtook ExxonMobil to become the largest U.S. oil company as measured by market cap. On October 7, the total value of shareholders’ stock in Chevron reached $142 billion, surpassing Exxon’s $141.6 billion.

Headquartered in Dublin and operating Northern California’s largest refinery in Richmond, Chevron has already found itself in the crosshairs of Bay Area activists for its routine pollution of working-class neighborhoods and its contributions to climate change. The Richmond Progressive Alliance’s radical struggle against Chevron’s domination of Richmond’s city government has been a central story in Bay Area left environmentalism in recent decades..

Much bigger contests over the power of Chevron and its ilk lie directly ahead. Increasingly, it has become clear that a direct government takeover of our fossil fuel industries is a necessary step for at least three reasons:

• 1. Reductions in oil, coal, and gas production must begin immediately to avoid catastrophic degradation of the planet. Chevron and every other fossil fuel company must begin the process of downsizing at a rapid pace. As long as the fossil fuel companies are being run to maximize profits, any downsizing will be accidental and haphazard. Management which puts people and planet first must take over to ensure that the necessary reductions take place.
• 2. Public ownership is the only way to break the back of the fossil fuel industries’ death grip over climate policy. The fossil fuel capitalists will not go quietly away. They have enormous sunk costs in their existing infrastructure. They intend to exert enormous political power to resist any reduction in their profits and any attempt to make them “keep it in the ground.”
• 3. A just transition for workers and communities requires social control of the rapidly evolving energy commons. Even if the carbon tax championed by Joe Biden’s Treasury pick, Janet Yellen,1 could achieve sufficient reductions in carbon emissions to avert climate disaster, it would do nothing to ensure that reductions in carbon emissions are achieved without misery to workers and communities.

What is to be done?

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