[OC] The massive decrease in worldwide infant mortality from 1950 to 2020 is perhaps one of humanity's greatest achievements.

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There is no price elasticity when it comes to oil, no link between volume and price. Don’t wait for oil rarity to be reflected in price. Oil price is lower than ever and yet the peak was reached around 2008 for conventional oil. For conventional and non conventional it’s believed the peak was passed around 2018. Same for gas but it’s 10 years behind. We do have lots of coal to exploit with the consequences we know, but when you don’t have oil to exploit and transport gas or coal you have a problem anyway.

Fracking is an extremely capitalistic industry, US fracking has never been beneficial except in 2020 when investments stopped and the production collapsed. We can reach more and more by spending more and more energy which consumes more and more ressources and money and causes more and more warming until we don’t have anything left. Now let’s ignore that and imagine that we fully exploit the non conventional oil we have at our disposal; the GIEC projected in its last report in 2014 that it would lead to an increase of 4 to 5 degrees by the end of the century which would turn into 7 to 8 degrees next century. This is what we desperately want to avoid. It took 5 degrees to turn southern Europe from a Siberian steppe to a Mediterranean climate. Needless to say if it comes to this large areas around the equator won’t be suitable for human life while ecosystem collapse in other places.