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> "While burning fossil fuels may have a negative effect on climate, is that effect so bad that we should abandon them?"

Not yet. But the benefits you list all took effect long before the downsides, as with most forms of pollution. That short-term reasoning has worked so far, but we're pretty sure that it's starting to fall apart. Pretty soon we're going to be burning increasing amounts of oil to mitigate the effects of burning too much oil, and there aren't a whole lot of ways that can play out. Those shrill predictions from the 60s and 70s were ultimately wrong about how the shape of the supply curve for oil would evolve, but they also completely failed to consider the possibility that using oil could reduce reserves of natural resources other than oil. That's something we now know to be worth worrying about.




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