“Will the Coronavirus Kill the Oil Industry and Help Save the Climate?”
April 1st, 2020How many levels does this operation have?
I’m having a very hard time trying to grasp the scale and sophistication of what’s unfolding so rapidly before us.
At the individual level, Bill Gates, et al will be coming at us with needles. (Not happening, Bill.) There are countless middle range, police state/dictatorship/surveillance related measures going into place. Trillions of dollars (more) are going into the incinerator. Cash bad/carries disease/must-use-digital. Now, on the macroscale, there’s talk of Covid-19 saving the climate by destroying the oil industry???
While the origin of Covid-19 remains unclear (assuming that there is a novel disease at all), a terrifying, dystopian, multilateral response has sprung, fully formed, on to the scene… in the blink of an All-Seeing-Eye.
Via: Guardian:
The plunging demand for oil wrought by the coronavirus pandemic combined with a savage price war has left the fossil fuel industry broken and in survival mode, according to analysts. It faces the gravest challenge in its 100-year history, they say, one that will permanently alter the industry. With some calling the scene a “hellscape”, the least lurid description is “unprecedented”.
A key question is whether this will permanently alter the course of the climate crisis. Many experts think it might well do so, pulling forward the date at which demand for oil and gas peaks, never to recover, and allowing the atmosphere to gradually heal.
