Some great soul said something like "God has given everything to meet your need, not your greed". As long as the greed continues to increase exponentially, no amount of innovation is going to support it.
The amount of energy and material wastage in developed countries is enormous and abominable. Large screens being on 24x7 without anyone watching, cities explicitly designed for forcing the use of vehicle, consumer life-style requiring huge supply chains, powerful cars carrying just one person, ... and so on.
Business drivers will continue to drive the greed of people and nations and act against any measures to fix the problem. A business knows nothing about climate or human good.
This is why I'm somewhat apathetic about the current price increases in tech and oil. We just consume such insane amounts of resources unnecessarily. We throw old tech in the junk drawer because the latest model came out, drive tanks to the supermarket, and buy endless amounts of junk clothing that ends up in landfill.
At least in developed countries I feel like most consumption could stop and daily life wouldn't be any worse off.
Buy More Shit Or We're All Fucked
This is an important comment, thank you. Most people know this half consciously but because it's been so pervasive their entire lives it never really hits. Until people wake up to this fully and snap out of whatever trance they are in, we will continue down this destructive path.
Adding to what you said, there is also a sudden scarcity that is partially real and caused by an oligarchy that took over in different places and caused world level problems and partially a fake scarcity done by extreme demand and intentional smaller production levels.
> Business drivers will continue to drive the greed of people and nations and act against any measures to fix the problem. A business knows nothing about climate or human good.
That buys into propaganda from businesses who don't want those responsibilities. ESG (and DEI) were widely embraced by businesses; they groups of humans and humans generally have empahy and care.
"From each according to his ability, to each according to his needs"
Maybe Marx was on to something after all...
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A fairly basic economic principle is that demand is infinite. It's a derived concept from the fact that demand is driven by desire- both need and want. The less personal sacrifice required to get something, the more people will want it.
It's far from an axiomatic truth, but it's a good enough approximation to point out that "Business drivers will continue to drive the greed of people" is an absurd bogeyman here. If it wasn't, everyone would be living in shoebox apartments, would never travel outside their neighborhood in their mega city, and our diets would consist of the least possible energy intensive foods possible- probably a soylent style powder that is shelf stable and doesn't require a great deal of refrigeration or preserving.
We don't live like that because people don't really see how taking a 5 minute car ride round trip to the grocery store instead of a 40 minute bus ride round trip is worse for the environment, and we keep living in our individual houses because we don't like apartments, and so on and so forth. Properly insulating those buildings requires polymers for things like weather sheathing, plus insulation for electrical cabling, and so forth. All of these little inefficiencies and uses for polymers add up to the simple truth: we're not going to hit CO2 reduction goals on the basis of individual action, and we're not going to stop using plastics.