Carbon will not be completely phased out. It’s still used in chemistry and lower prices may help finding another use of it. The countries which manage their car

Carbon will not be completely phased out. It’s still used in chemistry and lower prices may help finding another use of it. The countries which manage their carbon income well will be fine. The others usually go bust no matter how big or low price is - see Venesuela. Saudi Arabia is somewhere in between, but they already adjust.