Much of that growth comes from the West exporting manufacturing to low cost countries to reduce costs. This of course enriches the rich and the powerful in the

Much of that growth comes from the West exporting manufacturing to low cost countries to reduce costs. This of course enriches the rich and the powerful in the west by the 100%+ margins they are able to command by the above while also reducing costs for consumers in the West at the same time. So what you really need is broad support for higher prices and possibly leadership change in the west. Eventually emerging economies will switch to domestic consumption as the wealth driver but they're (especially China) is already well ahead on renewables as they neither produce oil, not have the military muscle just now to ensure uninterrupted supplies from elsewhere - so much so that anti dumping duties have been implemented or threatened on import of renewables from China which slows down renewables switch in the West, increases its costs and achieves the opposite of the sacrifice you mention. So the situation is a lot more complicated :-)