Who Holds Power Over Oil?

April 2024
JSTOR Daily

Who Holds Power Over Oil?

Introduction

Dive into the heated debate on JSTOR Daily's Who Can Just Stop Oil? where the spotlight shines on fossil fuel bigwigs and the tangled web of responsibility in the climate crisis. Can executives and shareholders break free from the profit chase to save our planet, or will government intervention be the superhero we need? Find out who really has the power to curb our carbon cravings and steer us away from ecological disaster.

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Why It Matters

Discover how this topic shapes your world and future

Heating Up the Conversation on Climate Change

You're living in a world that's warming up fast, and it's not just about hotter summers or melting ice caps. The real heat comes from the debate on how to handle this crisis. Imagine one-third of all people having to leave their homes because of climate change. That's not just a number; it could be people you know, places you've visited. The use of oil and coal, which powers almost everything from cars to factories, is a major reason our planet is heating up. Groups like Just Stop Oil are shouting for change, but it's complicated. Everyone from big company bosses to everyday consumers like us plays a part. Understanding this issue is crucial because someday soon, you might be the one making these big decisions—or dealing with their consequences.

Speak like a Scholar

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Decarbonization

Reducing the amount of carbon dioxide we release into the air, mainly by using less fossil fuel.

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Ecocide

Destroying the natural environment so badly that it harms the ability of ecosystems to thrive.

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Socio-technical lock-in

A situation where society becomes dependent on a technology that's harmful because it's too costly or complex to change.

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Market failure

When the private market doesn't distribute resources efficiently, leading to negative outcomes like pollution.

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Behavioral economics

A field of study that examines how psychological, social, and emotional factors affect economic decisions.

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Subsidizing

When the government helps pay part of the cost of something to make it cheaper for people to buy, like electric cars.

Independent Research Ideas

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The Psychology of Climate Action

Explore how understanding human behavior and decision-making can help create more effective climate change policies.

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The Role of Technology in Sustainable Development

Investigate how new technologies, like renewable energy sources, can overcome socio-technical lock-ins.

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Economic Incentives and Environmental Policy

Analyze how financial incentives or penalties influence both corporations' and consumers' choices towards greener options.

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Global Equity in Climate Initiatives

Study how climate change policies can be designed to be fair, especially between rich and poor countries.

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Art and Activism in Climate Change

Examine how creative forms of protest by groups like Just Stop Oil can influence public opinion and policy.