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Opinion
Jeff Rubin

Will Surging Oil Prices Prevent Environmental Doom?

In the 21st century, burning hydrocarbons is critical to achieving the economic expansion that is needed to support the billions of new people who are projected to inhabit the planet. Yet chasing that growth could throw so much carbon into the atmosphere that it may undermine humanity’s very survival.

Thankfully, there is another way to look at this dilemma. If the abundance of hydrocarbons has brought us to the brink of catastrophic climate change, then the scarcity of those same resources could be what saves us from disaster. The future of our planet’s climate may soon be out of our hands -- and that may not be such a bad thing.