Agreed. I don't care if I pay double for energy, food and heating, but this will be devastating for the average wealth of western nation citizens overall and many jobs won't be sustainable anymore. This will also reach tech at some point if the last consumers set priorities elsewhere.
The US is particularly oil hungry but there should be no illusion that humanity or any nation will use less energy today than it used yesterday. The only salvation would be alternative forms of energy, not elevating energy to a luxury good. If that happens wealth in developed countries will quickly melt.
Poor, hungry or cold people don't care about the environment. We already saw heavy deterioration of ecological goals due to prices and certain conflicts.
Comments
Agreed. I don't care if I pay double for energy, food and heating, but this will be devastating for the average wealth of western nation citizens overall and many jobs won't be sustainable anymore. This will also reach tech at some point if the last consumers set priorities elsewhere.
The US is particularly oil hungry but there should be no illusion that humanity or any nation will use less energy today than it used yesterday. The only salvation would be alternative forms of energy, not elevating energy to a luxury good. If that happens wealth in developed countries will quickly melt.
Poor, hungry or cold people don't care about the environment. We already saw heavy deterioration of ecological goals due to prices and certain conflicts.