The transition from wood to coal helped trigger industrialization. In this case, a transition—particularly an abrupt one—out of fossil fuels would have major repercussions for energy producers in the Middle East and Eurasia, potentially causing permanent decline of some states as global and regional powers.
Look, I post this kind of stuff because we all know it's important we have some context. Do I always find the right context? Highly unlikely. Don't ever trust me.
Sunday, November 23, 2008
Oh, Jeez
just let up a day or two and all hell breaks loose. Thanks, Tapelin, who never seems to take a day off.
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Econ
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"Don't ever trust me."
ReplyDeleteA little harsh perhaps?