zlacker

Russia and Opec will take the western fuels and sell them to the developing world at lower cost because western demand has left the market. That will increase demand and usage in those markets.

>>fwungy+(OP)
Surely the answer is to give those markets access to cheaper solar/wind/renewable power, and not to just burn the oil ourselves?

Once those markets have functioning solar/renewable industries of their own they will need less and less fossil fuel.

>>fwungy+(OP)
Even without considering climate change, having diverse energy sources is massively important. Being reliant on a handful of countries like Russia for oil and gas leads to bad geopolitics.