President Joe Biden’s nominee for a key Treasury Department role admitted that oil, natural gas and coal firms need to go bankrupt to prevent climate change, a resurfaced video showed.
“Here what I’m thinking about is primarily the coal and oil and gas industry. A lot of the smaller players in that industry are going to probably go bankrupt in short order, at least we want them to go bankrupt if we want to tackle climate change,” Saule Omarova — who the Senate is considering to lead the Office of the Comptroller of the Currency — remarked in a clip uncovered Tuesday by the American Accountability Foundation (AAF), a conservative research group.-- More...
