Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
Share on reddit

Exponential tech kills carbon habits

No demand for fossil fuel industries, or their products
Dateline: 27 August 2036

Industrial Age businesses, most of which depended on fossil fuels for their commercial success, have simply not survived the exponential technologies unleashed by the post-digital era. They’ve become economically obsolete.

In the early Twenties, energy, transport and food were identified as the biggest emissions culprits, and blamed for 90% of our negative influence on the climate. But the writing was already on the wall for the major industries supporting these sectors for a hundred years.

In energy it was coal, gas and oil for power and heat, and supplying heavy industry like steel making. Declining cost curves for solar, wind and storage, as well as decentralization of power generation, made it impossible for the old business models to survive.

Transport was driven by petro products and combustion engines, but once battery breakthroughs made electric cars maintenance free and lasting five times longer, the market for gas burners just disappeared. That’s if anyone wants a private car – robotaxis do the job perfectly well in most cities these days. Even trucking has gone lightweight and electric, and long-distance freight and rail have turned to hydrogen – it’s cheaper as well as cleaner.

And what about food? Farming, especially with animals, has long been one of the biggest consumers of natural resources and contributors to greenhouse gasses. But no self-respecting human eats animals anymore, and manufactured protein and microbial food isn’t only healthier – it tastes better too.

Which is why those old carbon-intensive industries have either reinvented themselves or simply faded away. Nobody needs them, or their products.

Links to related stories

Warning: Hazardous Thinking at Work

Despite appearances to the contrary, Futureworld cannot and does not predict the future. Our Mindbullets scenarios are fictitious and designed purely to explore possible futures, challenge and stimulate strategic thinking. Use these at your own risk. Any reference to actual people, entities or events is entirely allegorical. Copyright Futureworld International Limited. Reproduction or distribution permitted only with recognition of Copyright and the inclusion of this disclaimer. © Public domain image.

Like this article?

Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on LinkedIn
Share on pinterest
Share on Pinterest

Read another Mindbullet

Irrational exuberance overcomes investor fundamentals
Dateline: 30 June 2026
In the 16 years since its IPO, Tesla has seen incredible volatility and incredible resilience. Now it is at an all-time high, and investors keep piling in, hoping for further multiples on their stakes. “When Tesla hit $1,000, Baron told us he expected further multiples in the future, and he was right!” said one trader...

Sign up to receive news from the future