Climate threats now dominate long-term risks, survey of global leaders finds
Why aren&#x27;t we doing more to address the source of the problem: extraction of fossil fuels? It seems that every attempt to limit the consumption of fossil fuels is going to have a limited effect if we don&#x27;t reduce the supply, since a reduction in consumption will lead to an oversupply, which will in turn make burning fossil fuels for other purposes cheaper.<p>If the leading producers committed to a 10% reduction each year, then we would have some (big!) problems to solve, but we would at least be making progress.<p>I know that the economies of the leading producers is deeply tied to the production of fossil fuels, but at the current rate of global warming, no investment in fossil fuel production is going to be a viable long-term strategy anyway: if the sector continues to grow, then your money from the profits will be worthless for other obvious reasons anyway.