By:
Nafeez Ahmed
Topic:
It's not looking good for the global fossil fuel industry. Although the world remains heavily dependent on oil, coal and natural gas -- which today supply around 80 percent of our primary energy needs -- the industry is rapidly crumbling.
This is not merely a temporary blip, but a symptom of a deeper, long-term process related to global capitalism's escalating overconsumption of planetary resources and raw materials.