That global demand for fossil fuels is on the verge of peaking and then rapidly declining may be behind the mysterious behavior of the oil companies, which are selling their lucrative California assets and withdrawing from the state. They foresee having to close those oil rigs down, and don’t want to get stuck with the cost of environmental clean-up if they are still the proprietors when the industry goes under.
I will cite this book in my notes section 0/0 in the Last Revolution but note that authors on the ‘left’ constantly propose ‘solutions’, wave a wand, and then close for dinner. None of these proposals can be expected to happen. The left can’t even get the ‘working class’ disentangled from Trump…
Interesting anyway…
What we can do, environmental scholars Troy Vettese and Drew Pendergrass argue, is strive for a society able to ensure high living standards while stabilizing the environment: Half-Earth socialism. This means:• Rewilding half the earth to absorb carbon emissions and restore biodiversity• A rapid transition to renewable energy, paired with drastic cuts in consumption by the world’s wealthiest• Global veganism to cut down on energy and land use• Worldwide socialist planning to efficiently and equitably manage production• The involvement of everyone—even you!
Source: Verso
The short answer: No, not even close! Nations of the world are only too aware that fossil fuels need to be phased out for two reasons. First, oil is a
Source: Is There Enough Metal to Replace Oil? – CounterPunch.org
Ann Arbor (Informed Comment) – On one day in May, Lauren Sommer at NPR reported, California ran for several hours …
Source: California Milestone: State for First Time briefly Generates 103% of its Electricity from Renewables
Germany now gets about 55 percent of its methane gas imports from Russia, and Nord Stream 2 would have raised that to 70 percent.
Source: Opinion | Will Crisis in Ukraine Speed Up Germany’s Transition to Renewables? | Juan Cole
1848+: The End(s) of History 