Over the last political period, the times of Truss, an era measured in terms of a zeptosecond, a recurring phrase which has become commonplace in the vernacular is: ‘’WE need to stabilise the markets!’’.
I wonder how many of the people who use this phrase know, even vaguely, wtf that really means and whether or not it directly benefits them, or if it is a disbenefit, or the true cost in terms of overall wellbeing for them, those around them, and continued existence for life on earth.
Half a century ago, the System Dynamics group at the MIT (Massachusetts Institute of Technology) had an unambiguous and clear message for humanity, for planet earth. The message was that continued economic and population growth would exhaust Earth’s resources and lead to global economic collapse by 2070.
This finding is in the book The Limits to Growth, one of the first modelling studies to forecast the environmental and social impacts of industrialization.
I believe that in order to avert the foregoing ‘doomsday’ scenario, there is only one broad answer and that is to adopt the hydrogen economy paradigm…as soon as possible.
For the paradigm to become reality, there needs to be a political revolution and for the leaders of that revolution to face down the vested interests of big oil and its siblings.
It can be done and it must be done.