[consumer451]

I was trying to edit myself for brevity.

I do think that for both industries a multi-decade phase out would give people plenty of time to change their investment portfolios. This would do less economic damage in the short term. That’s a good thing.

In the case of fossil fuels, we still need to go all-in on alternatives for two functions: air travel and sea travel. We can do that in the time scale of 2 to 3 decades imho.

But look up synthetic derivatives as part of the global economy. It is crazy. Such a huge piece of the economy. So crazy that it makes me have crazy thoughts like maybe let it be, with a Tobin tax of sorts assigned to novel anti-poverty solution attempts.