The current housing pain might feel like an acute moment, but it is really the culmination of decades of policy in which every factor has pulled in the direction of making housing unaffordable.
There won’t be anyone to sell those resources to well before 2050, so we have no choice but to transition. Thankfully, we have an absurd amount of renewable resources and iron ore and rare earth minerals will still be needed. And we can do a lot of “value added” type work by not just exporting raw materials but at least building part of the final products.
Are you seriously discarding all those underdeveloped and developing countries which will not “hit the target” by 2050? If countries with millions of people they can’t even feed properly need coal or gas to simply keep the lights on, there will be a market and governments will look the other way while exporting hydrocarbons. It is what it is. Also, cobalt mining, look it up. Tragic stuff.
There won’t be anyone to sell those resources to well before 2050, so we have no choice but to transition. Thankfully, we have an absurd amount of renewable resources and iron ore and rare earth minerals will still be needed. And we can do a lot of “value added” type work by not just exporting raw materials but at least building part of the final products.
Are you seriously discarding all those underdeveloped and developing countries which will not “hit the target” by 2050? If countries with millions of people they can’t even feed properly need coal or gas to simply keep the lights on, there will be a market and governments will look the other way while exporting hydrocarbons. It is what it is. Also, cobalt mining, look it up. Tragic stuff.