The recent draft IPCC report is clear that immediate and substantial reductions in fossil fuel use is needed to preserve even a 50/50 chance of staying somewhere between 1.5 and 2 degrees Celsius global warming. From a policy perspective that will require world governments to implement radical policies, including: 1. Court mandated takeover of all fossil fuel companies with their assets transferred to a trustee with fiduciary responsibility to the IPCC. We can no longer afford for our future to be jeopardized by profit seeking corporate criminals. This move means that reserves will be managed and allocated based on carbon budgets. 2. Rationing systems ensure that basic energy and transportation needs are provided for to assure economic justice. This means that fossil fuels cannot be used for private jets, yachts and extra homes. This means, for example, that cruise ships are out of business until they can figure out a sustainable alternative. 3. The seizure of assets can be used to fund transitions to sustainable energy transportation and agricultural systems along with a hefty tax on billionaires. There is no way that so called "free market capitalism" addresses this problem. It's literally antithetical to the capitalist credo of constant growth, as we need degrowth and a shift away from consumer capitalism to a human and environmental centric system. We must embrace the necessary even when difficult and reject easy fixes and greenwashing, for example carbon taxes. 4.