In this short video, Richard Heinberg explores why The Great Burning — the combustion of oil, coal, and natural gas — must come to an end during the next few decades. If the twentieth century was all about increasing our burn rate year after blazing year, the dominant trend of twenty-first century will be a gradual flame-out.
Richard urges us – at corporate, government and local level – to accept the situation and start to plan to slow down, localise and accept that we must give up some things.
How shall we manage the last days of the great burning? What role can Environmental Fiscal Reform play?