High prices will massively incentivize expanding fossil fuel production, which is exactly what is happening worldwide.
But the oil wells in the Middle East haven’t gone away. That oil will still make it to the atmosphere, sooner or later, and we will end up with an expanded production capacity.
Additionally, war is a terrible emitter.
Your scenarios aren’t wrong, but thing is they are all just temporary symptoms. The oil crises would need to be sustained, indefinitely, to stop those reduced consumption patterns from rebounding.
If the disruption is temporary, it’s bad.
High prices will massively incentivize expanding fossil fuel production, which is exactly what is happening worldwide.
But the oil wells in the Middle East haven’t gone away. That oil will still make it to the atmosphere, sooner or later, and we will end up with an expanded production capacity.
Additionally, war is a terrible emitter.
Your scenarios aren’t wrong, but thing is they are all just temporary symptoms. The oil crises would need to be sustained, indefinitely, to stop those reduced consumption patterns from rebounding.
I’m actually okay with limited plastic production. that shit’s useful.