Pioneer10
Come home Sideshow Bob
- Joined
- Apr 18, 2005
- Messages
- 16,676
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History has repeatedly shown quick economic depression to an economy leads to revolts and war. The middle east is volatile for a variety of reasons, but despite the news outlets saying otherwise, there are plenty of educated, middle class people throughout Syria, Iran, and the UAE. Pulling the financial stability out from under those countries doesn't reduce the power of terrorism, it increases the threat. Large scales of layoffs mean a large population of desperate people who would (in this specific case) rightfully blame America for their misfortunes. None of that makes the world better.
Not to mention, as I stated earlier, if we exit the fossil market quickly production of resources won't just halt. Building the infrastructure is expensive, the mining is actually relatively cheap. All that would happen is the international cost of said resources plummet. So China, India, and all other developed/ developing countries would be far less inclined to make a shift: Their power costs go down which means production costs drop, which in turn undercuts American products. The depreciation of the fossil energy sector drives a volatile area into depression, likely inciting significant terrorist action.
None of that sounds appealing to me.
This argument completely dismisses that their will be more wars due to climate change more then any short term financial instability. Long term the resource curse seems to be one of the few real macroeconomic theories that predicts long term outcomes which goes against the idea of the best long term interest of these countries is to constantly depend on high fossil fuel prices. The presumption too is that this will happen overnight and cause immedite economic collapse is faulty. Oil dropped by 50 percent in the last year and we dont see revolution in Saudi Arabia. We do however see how pipeline building for long term benefit of corrupt states gooes down. Regardless from a pure selfish perspective their are wars all over the world that the US is not involved with. We are not in the Middle East for humanitarian reasons and with no oil it would be like areas such as sub saharan africa from US military perspective
The idea that China and India will just mine is also faulty. Beijing residents literally have days were no one cam go outside and mined fossil fuels cause pollution beyond just CO2 which is why anti global warming people were surprised when China agreed to set to carbon policy that was more aggressive then anyone predicted. They need to do it for several reasons: the net cost beyond just mining is extremely expensive. The costs though are from negative externalities that are not born by the individual or firms which pay for the extraction and use cost
Returning to climate change and cause of conflict . Dont take my word for it the US military which has steadily increased its threat assessment from climate change to now where it is considered an immediate threat. As a prime example of this being a prescient analysis is we already see it in Syria where drought destabilized their rural areas and was a major trigger for their civil war.
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