GLOBAL RESOURCES ANALYSIS
HEADWINDS | INSTALL BASE
Our current mobility, transport, building heating and warm water installbase is almost complete fossil fuel based. This is a major headwind. All economies face a major increased write down lost on these complete installbases. What's the use of a gasoline fueled car when gasoline has become too expensive to power a car? Increased write downs on installbases burdens the already by PeakOil hit economies once again severely. Renewing/adjusting the installbase to electrical or hydrogen power is just an extra cost, a needed investment wave that only burdens the economies and give no economic growth in return. Changing installbase is negative economic growth and inflation without any new functional benefit or prosperity/wealth facet in return.
Author: Gijs Graafland
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