There's a sentiment to have a wealth transfer, which would be fair from the global north to the global south. But in the process of transferring the wealth, the wealth disappears. And I think only an insignificant minority of humans will either voluntarily be guided by abstinence. The other thing is, when we're talking about climate and energy and oil, we're running out of time.
In Part 2 of this Frankly Series, Nate breaks down why energy - and specifically oil - is currently the central foundation of our entire modern economic system. There are ecological and energetic laws that apply to all life, including humans and our economies. By accessing a huge surplus of dense carbon energy in the form of fossil sunlight, we’ve effectively turbo-boosted our economies, populations, and material wealth - but what happens if this fossil abundance were to go away? What are the systemic implications of an economy tethered to growth, tethered to carbon? Is it even possible for us to choose to stop using oil? How do these complex constraints on our global systems affect the options - and most likely outcomes - in a future with declining oil availability and rising climate insecurity?
For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/39-just-stop-oil-part-2-oil-is-the-economy
To Watch on YouTube: https://youtu.be/-585aVUNz68