If you impose a large carbon tax, or other effective global policy of austerity that reduces fossil fuel use without replacing that energy somehow, you’re just making the whole world poor
For the case that our civilisation’s energy efficiency is substantially below optimal, see [Factor 4](https://sustainabilitydictionary.com/2006/02/17/factor-4/) (Lovins & Lovins, 1988)
For the case that our civilisation’s energy efficiency is substantially below optimal, see [Factor 4](https://sustainabilitydictionary.com/2006/02/17/factor-4/) (Lovins & Lovins, 1988)