That's an interesting question. At the same time recession has hit west the harderst and keeps deepening here, Africa and Asia are still experiencing growth, keeping the demand for fossil fuel.
As we know from history, cheap energy seem to be necessity for (industrial) economic growth.
High energy price also lessens the disposable income of consumer, you have after paying for neccessities.
In the future, we have nuclear fusion power, but it may take some time, since so far they have managed to produce net fusion energy only in atom bombs. Of course, we have practically unlimited source of fusion energy in the form of solar power, but it's currently not very practical.
Until fusion energy is commercially available, fission and using wind and solar power to extract hydrogen out of sea water, but the problem today is the cost of storing hydrogen and the recession cuts down funding for R&D.
So, economy can recover, but it takes a lot more time.
Ei Kiinasti.
Eikä Japanisti.
Vaan pannaan jalalla koreasti.
Nintendo games sell only on Nintendo system.
