$5 trillion in 2021 global debt/equity raised (so far), “divest fossil fuels” in full swing, the world running short of natural gas/coal, and winter is coming
We are headed for a wall and it’s going to be far worse than what we are seeing right now. Because all this lack of investment is not only being felt now but will be felt even more in the future. The next winters will be very, very cold and our economies are going down for real. This is not the only reason for them doing so but it’s a big, potent one. But I am not disheartened. Because I always preferred a fast, brutal ending to slow death. The “divest fossil fuels” movement has poured fire on the dumpster fire global climate policy is. It will blow – and when the ashes settle we can go back to normal.
