Circular reasoning

Historian and political economist, Gar Alperovitz, acknowledges the threat of climate change, but his idea to use the Federal Reserve in the form of "quantitive easing, i.e. create money, to take Big Oil companies out of the equation and finance a massive green infrastructure program" is circular reasoning. My comment:

Gar Alperovitz's proposition: A movement to eliminate/minimize the policy influence of the fossil fuel industry by giving them money which they can (and will) use to buy policy influence over another industrial sector... 

Transferring the economic power of the current fossil fuel sector to possibly increasing the economic power of another polluting industry (manufacture/disposal of chemicals, solar panels, agricultural wastes, and drugs are potentially polluting) creates/amplifies another set of pollutants in lieu of heat trapping pollutants.

The climate change issue is an economic issue; so long as profit can be had, the owners of that profit making industry will fight for the 'right to profit'. By maintaining a small group with concentrated power, they will eventually set up another economic imbalance of power that threatens the lives and livelihoods of many workers and their families - in the name of profit. The real solution is to avoid massive concentration of power.

Update: Personal care products are a looming source of water pollution. Prescription drugs are also an area of concern.