A Medieval Method for Reducing Unfunded Pension Liabilities
8th February 2019
Getting-off-fossil fuels would reverse much of the progress made over the last few centuries. Just a few of the thousands of products that we get from fossil fuels that would be eliminated from our society and lifestyles would be: Medications, Cosmetics, Plastics, Fertilizers, and Transportation fuels for planes, ships, trucks and automobiles.
Electricity alone, especially intermittent electricity from renewables, has not, and will not, run the economies of the world, as electricity alone is unable to support the energy demands of the military, airlines, cruise ships, supertankers, container shipping, and trucking infrastructures. Getting off fossil fuels would virtually negatively impact the following industries and infrastructures that are driven by the energy density of oil, coal, and natural gas: