I agree with you – economics can’t fix things. It is really only there to describe things.
I’m just saying – mountains of scientific data don’t push people to action. Economic pain does, and the economic pain of PO isn’t upon us yet, even if PO is.
I agree we’ve had a hint of what it might look like, though I don’t think we’ll see the real deal for another 20 yrs.
Like you said – lower demand due to current economic conditions will help mitigate the effects of PO, but it isn’t really a “designed” solution. It’s just happening. Again – here economics describes the situation, but isn’t really a solution.
There is a different between market solutions, such as new technology, new power infrastructure, etc., and market events, like recession, or de-leveraging, which just happen to mitigate the effects of PO.
