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Re:Housing is at the root of many of the rich world’s proble... by supertrope on Wednesday August 17, 2022 @04:55PM (#32501582)
By this logic oil & gas will never run out because rising prices will incentivize new extraction technology and formerly too expensive reserves will come online. Or supply will dwindle and the price rationing system will ensure it goes to the most productive use and energy consumers will switch to cheaper substitutes.
Re:Housing is at the root of many of the rich world’s proble... by pharmakom on Wednesday August 17, 2022 @05:32PM (#32501995)
I actually think this is what will happen to oil and gas. It will become less and less of a feature of our lives over the long run. We will have to find alternatives (hopeful!) or cut back (painful!)