"The extraction and consumption of fossil-fuel-based energy has underpinned the growth of global capitalism over the past two centuries, resulting in an industry dominated by some of the largest and most powerful companies in the world. However, the centrality of fossil energy to economic growth has also come at a huge environmental cost as escalating carbon emissions have generated a climate crisis that now threatens the future of organised human civilisation. ..."
This article by Christopher Wright and Daniel Nyberg is a selection from The Oxford Handbook of Industry Dynamics, edited by Matthias Kipping, Takafumi Kurosawa, and Eleanor Westney
Featured Image: Courtesy of Unsplash.
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Also available with Chinese subtitles on Youku