>Burning through the vast energy and natural resources at our disposal is what has allowed us to "lift" so many people out of poverty. "Proposerity" and "progress" are not a miracle of economic thinking, or technology. We owe all of this to fossil fuels, nothing more, nothing less.
The Soviet Union had equal access to natural resources as America and Western Europe, yet at the time of its collapse it was much poorer, and many former Soviet Union countries still are. Clearly in the short term at least natural resources aren't all that matters.
The Soviet Union had equal access to natural resources as America and Western Europe, yet at the time of its collapse it was much poorer, and many former Soviet Union countries still are. Clearly in the short term at least natural resources aren't all that matters.