It seems to me that everyone everywhere is focused for the moment on what will now happen in the short run. There seems to be no other subject of interest. Anxiety is at its maximum, and we need to deal with it.
Start stopping now, is the short answer. No new coal mines, oil wells or gas fields, and start decommissioning existing ones now. “Managed decline” is the new imperative.
A new study released by Oil Change International, in partnership with 14 organizations from around the world, scientifically grounds the growing movement to keep carbon in the ground by revealing the need to stop all new fossil fuel infrastructure and industry expansion. It focuses on the potential carbon emissions from developed reserves – where the wells are already drilled, the pits dug, and the pipelines, processing facilities, railways, and export terminals constructed.
Wallerstein usually doesn’t make short-term predictions, but has made an exception in the case of Trump. He says: