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Fossil fuels are definitively the new tobacco



Fossil fuels are definitively the new tobacco


Former hedge fund manager, host of CNBC’s “Mad Money” and investment guru Jim Cramer declared in January of last year he was “done with fossil fuels… we’re in the death knell phase. They’re tobacco.”

Not everyone was so sure about this at that time — but now there’s no disputing it. Fossil fuels are definitively the new tobacco, and we are witnessing a historic moment in real-time: The end of the fossil fuel age. Here are the latest markers of the fossil fuel industry’s accelerating implosion. 

On May 26, three oil giants, Shell, Exxon and Chevron, all took some pretty significant blows. A Dutch court found Shell’s contribution to climate change to be criminal, threatening human rights through its investments in fossil fuels and ordered it to reduce its emissions by 45 percent by 2030.

That’s right. A government finally declared that being in the business of wrecking the planet is a crime. This is an incredible precedent, albeit decades too late.


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