Death of the fossil fuel industry

This substantial article by journalist Nafeez Ahmed offers a detailed analysis of scenarios for transition to a post-carbon economy. The central role of fossil fuels in the dynamic growth of economies and human impact upon the planet will inevitably lead to major upheavals and the rate of the transition will determine the weight of disruption on societies around the world.

“…there will be upheaval. Today’s fossil fuel incumbency remains in denial, and is unlikely to accept the reality of its inevitable demise until it really does drop dead.

The escalation of resource wars, domestic unrest, xenophobia, state-militarism, and corporate totalitarianism is to be expected. These are the death throes of a system that has run its course.

The outcomes of the struggles which emerge in coming decades — struggles between people and power, but also futile geopolitical struggles within the old centers of power (paralleled by misguided struggles between peoples) — is yet to be written.”

 

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