Originally posted by monochrome Not being snarky - there's 2 trillion dollars of fixed capital invested in fossil fuel production, refining and distribution in the US alone. It would take another 2 trillion dollars of capital to convert to alternative sources. That's 1.5% of the total sum of capital assets invested in the US just for fossil fuel, not counting downstream capital invested in everything that uses fossil fuels. We're only 27% of the world's capital investment and production.
It is literally impossible - not figuratively, literally - to fully quit fossil fuels.
We've quite recently seen that reserves-a-plenty exist when crude price fluctuations motivate development of existing non-designated areas. The drive to open these protected lands is simply to expose low-hanging fruit, but we will not see that reflected at the pump. I for one would like my children's children to be able to view natural areas sans oil derricks or McDonald's arches. One man's wasteland may be another's paradise, and not simply an unexploited resource.
There was a time when the best way to move products was a grass-powered horse, then a coal-fired locomotive, and today it's millions of hydrocarbon-belching autos/trucks/busses. This is not a sustainable mode of power generation in a highly-interdependent and fragile ecosystem. The incumbent fossil fuel industry has virtually infinite resources when it comes to convincing us gasoline is still the next best thing to cigarettes, but anyone who's been paying attention knows otherwise. True enough, fossil fuels will be with us for some time, but the first step to something better is not a step backward.