- climate change is real, and even if you do not believe it is (like my 'bad-faith' oil-company relative) it still makes no sense to shit in your own sandbox
- speaking of sandboxes, that's why the
- if oil is worth more, you're going to do more and more stupid things to get it, like drill in the Russian Arctic
- there's lots of coal to burn yet, or to turn into gasoline like Britain resorted to in WWII
- humans will burn anything: even the mud under their feet when they've used up the trees.
- our extinction, from which surviving species will diversify and renew a different biosphere
- our near extinction, from any of many human threats, from war to disease
- much cheaper clean fuels, and better use of water, and of land (the least likely to work)
- much more expensive use of resources by having all 'externalities' built into the price (no, this is the least likely)
It should also be said that if we did not fight wars (40% of world GDP) nor allow our rentier classes to hold most of the wealth, we'd have much less than half the problem we have now. I know what we should burn!
The most likely scenario is the one that has faced all high-input empires: structural collapse due to resource depletion, followed by a collapse of population, followed by a millennial delay for forests and soils to rebound, followed by a repeat of the cycle.
Addendum: the Alberta scum