ThoughtStorms Wiki

Context : GreenPolitics, Collapse

Alex Steffen's breakdown of what comes next :

  • Carbon Bubbles : because most fossil fuel industries are way overvalued, and their value will collapse, bringing down a lot of the rest of the economy which is (in)directly invested in them.
  • Brittleness Bubbles : this exposes how brittle the economy and our institutions actually are. "the hotter it gets, the more places and systems become brittle ... Brittle turns into uninsurable, unbankable, uninvestable and politically friendless."
  • Expertise Bubbles : "The long-delayed need for bold climate action and ruggedization doesn’t just mean that unsustainable and untenable assets are precariously overpriced. It also means that much of the expertise acquired in building these unsustainable and untenable things is no longer relevant."

The oil and gas industry

See also DisinformationVsScience

See also :