It is incredibly disappointing to see how eagerly western society has embraced this climate / energy propaganda campaign.
Energy density is one of the most important metrics we have to measure human advancement and flourishing. Our political and business leaders now have conditioned an entire generation of “educated” people to think that somehow being less energy efficient with capital is somehow a good thing.
Just like “they” can’t taper a Ponzi in our financial system, “they” cannot regulate away the Laws of Thermodynamics. There will be financial, geopolitical, and cultural repercussions at both macro and personal levels.
Aside: I think the climate fight is about spurring “innovative” investment in a new tech heavy industry - equity AND debt denominated in dollars. The oil and gas industry is becoming somewhat commoditized, putting at risk the need for those contracts to continue to be priced using dollars and funded using dollars. My impression is that “they” need new industries to saturate with “their” monetary policy…unfortunately for them, the Laws of Thermodynamics will punish this destruction of capital. There is an alternative they didn’t think could exist 50+ years ago. Thank God for bitcoin’s absolute scarcity, POW consensus, decentralization, difficulty adjustment, FOSS, P2P, etc. technologies that will save us from the tyranny “they” are forcing upon us.