The riches and perils of the fossil-fuel age, by Martin Wolf FT 4/03/2015

If nations could agree a carbon tax, it would help create a more efficient, less polluting future.

Our ancestors lived in eras we call the Stone Age, the Bronze Age and the Iron Age. Ours is the “fossil-fuel age”. The energy we have extracted from the earth’s reserves of fossilised sunlight has spread (unequally shared) abundance across humanity. Will this continue? Can we manage its impact on our environment? The answers will shape the future of our complex global civilisation.


Mass poverty is not an option. But neither is taking ever-bigger gambles with the climate. The right course has to lie in between. To put ourselves on that course, we need to wean ourselves off the excesses of the fossil-fuel age. It is a daunting challenge. But it has to be met, for our children’s sake.

http://www.ft.com/intl/cms/s/0/fdcf2e1e-c0ee-11e4-876d-00144feab7de.html#axzz3TSnvBYad

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