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No, the economic system doesn't inherently rely upon fossil fuels. It relies upon cheap and abundant energy. If we snapped our fingers and had free clean energy
by gfodor 5y ago
No, the economic system doesn't inherently rely upon fossil fuels. It relies upon cheap and abundant energy. If we snapped our fingers and had free clean energy on tap, that would sign the death warrant of climate change, although there may be lots of collateral damage if we don't also try to rewind the clock too.
- tsimionescu 5y agoSure, but right now, the only source of clean and abundant energy is fossil fuels. Everything else is either much more expensive up-front (hydro, nuclear) or is extremely variable (solar, wind). Nothing other than fossil fuels can travel well (electric cars are nice, but electric trucks are unlikely to be economical, and electric cargo bots are even worse). So, the only current solution to climate change is global economic contraction - especially in the richest nations.