People love tech solutions, because then they don’t have to stop consuming and live modestly.
People will learn to live modestly, voluntarily or by force.
> We could solve this problem in a few years with technology if we really wanted to.
Everybody wants to solve the problem with technology. What if, the solution is just plain old hard work like planting trees, conservation, better recycling, better laws that help in saving ecosystem. But who would do that. So let's keep on creating problems with technology and then solve them with more technology.
In the just over a minute it took me to read your comment and write this reply, the fossil industry received _another_ USD 14 Million: https://www.theguardian.com/environment/2021/oct/06/fossil-f...
Get rid of the millionaires excessive destructive power (both structural/political and the personal excessive consumption) and by eliminating factory animal agriculture.
Neither would diminish well-being. At least the actual. Some ego/envy issues though as narcissistic "successful" people couldn't feel their power, but I'm willing to sacrifice that for my kids future.
The benefits are many fold as per Durkheim and more recently Wilkinson and Pickett have shown us.
Easy peasy guys.
You are right though, there will be a correction.
The only way to stop global warming is to stop extracting carbon from the ground, where it's stored. After that we can think about capturing carbon. But first if all we need to stop pumping it into the atmosphere at a faster rate than the earth can absorb it (about 40% is absorbed at the moment, 60% of all human carbon use is added to the atmosphere).
But even if we would spend only the explicit subsidies we would have a trillion dollar each and every year to spend on things like carbon capture and other mitigations which are not dangerous large-scale geoengineering projects like cloud seeding.