In just two decades, the total value of the energy being produced via fossil fuel extraction has plummeted by more than half. Now $3 trillion of debt is at risk.
Sourced through Scoop.it from: www.alternet.org
Another brilliant must-read analysis by Nafeez Ahmed of the financial collapse of the global oil industry and how it will bring down the capitalist economy.
See on Scoop.it – The Great Transition