Post #3508902

«These small changes do add up, however, and we eventually get to the stage where the global material economy simply stops growing. See, for example, the case of copper and silver, two highly sought after and essential inputs to all things high-tech and electric from solar panels to microchips and data centers. Silver is already past its production peak, and copper is expected to reach it before 2030. … See, there is only so much the world can do before it runs low on fossil fuels needed to mine, smelt and manufacture metal parts, or it depletes rich metal ore deposits to a point where continuing extraction becomes uneconomic—whenever that arrives. Simply put: economic growth cannot be maintained by switching to “renewables”—especially not in a world which can no longer produce more copper, silver and a range of other materials needed to make the switch. In other words: there is no next economy.» -- The Big Picture, by The Honest Sorcerer via @yoginho@spore.social https://spore.social/@yoginho/116843183331731968