"Carbon Credits" and "Covid Lockdowns" are Peak Oil in disguise, information management in relation to reduction of economically extractable petroleum production. Happy Peak Everything, everyone! Good luck during this intricate and rapid time of transition from growth to equilibrium.
"These conclusions are so far-reaching and raise so many questions for further study that we are quite frankly overwhelmed by the enormity of the job that must be done. We hope that this book will serve to interest other people, in many fields of study and in many countries of the world, to raise the space and time horizons of their concerns and to join us in understanding and preparing for a period of great transition-the transition from growth to global equilibrium" (The Limits of Growth, 1972).
"If the present growth trends in world population, industrialization, pollution, food production, and resource depletion continue unchanged, the limits to growth on this planet will be reached sometime within the next one hundred years.[a] The most probable result will be a rather sudden and uncontrollable decline in both population and industrial capacity.
It is possible to alter these growth trends and to establish a condition of ecological and economic stability that is sustainable far into the future. The state of global equilibrium could be designed so that the basic material needs of each person on earth are satisfied and each person has an equal opportunity to realize his individual human potential.
If the world's people decide to strive for this second outcome rather than the first, the sooner they begin working to attain it, the greater will be their chances of success.
— Limits to Growth, Introduction"
https://en.wikipedia.org/wiki/Steady-state_economy
A steady-state economy is an economy made up of a constant stock of physical wealth (capital) and a constant population size. In effect, such an economy does not grow in the course of time. The term usually refers to the national economy of a particular country, but it is also applicable to the economic system of a city, a region, or the entire...