The global economy’s most pressing challenge is not so much a diminishing supply of fossil fuel, but rather food shortages, climbing prices and the unrest that can follow. Food security emerges as a new priority for nations, complicated by long-distance transportation and an over-reliance on fossil fuels.
Suddenly, the practice of pushing costs of fossil energy onto future generations is no longer a foolproof way to avoid today’s sacrifices. The world is already stretched to supply food for a fast-growing population, and prices are rising. Developing economies certainly cannot afford business as usual or trust the blithe promises from economists or climate skeptics that necessity will lead to adequate technologies or new avenues of trade.
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