Okay, a few have alluded to this, and I'd like to present it another way that might be easier to grok.
Energy is the scarcity. Has been forever. Consider how many times the cost of energy is applied to the eventual purchase of any item today.
Take something as simple as bread. Energy is purchased in order to:
Package the seeds to grow the wheat
Transport the seeds
Plant the seeds
Tend the crop
Harvest the crop
Transport the crop
Process the wheat
Transport the wheat
Prepare the flour
Prepare the loaf
Bake the loaf
All the steps in manufacturing the bag the loaf will go into, and the bag closure as well
Package the loaf
Transport the bread to a distribution center
Heat, cool, etc. the distribution center
Transport the bread to a grocer
Heat, cool, etc. the store
Ring it up on the register
Transport it home
Put it in the toaster
And further evaluation could easily reveal many multiples of steps that require energy in order to get the job done.
Every instance of energy purchased will be made a part of the cost of that loaf of bread.
What if energy suddenly became so close to free as to be inconsequential to the cost of the chain of bread production?
Energy is the bottleneck. Whomever controls energy, controls everything.
This carefully orchestrated scarcity is now becoming recognized as being artificial and is on the brink of being eliminated for all of humankind over a very short span of years with widespread application of Solar, Wind, and Batteries being added to the equation for producing and controlling the energy supply.
The people of the world are now presented with the ability to own and operate their own energy production, as are each of the plethora of energy users in the form of businesses, governments, etc. using a method that requires almost zero maintenance and zero fuel.
When compared to the cost of using fossil fuels to produce distributed energy now the consequences are so profound that it is staggeringly difficult to imagine just how drastically the economy will be affected.
To say this may upset the apple cart is an understatement of epic proportions.
I hope this helps better illustrate how the managed scarcity of energy is going out of business. Abundant, renewable energy removes myriad burdens upon society and makes available possibilities to enhance the human condition in ways that were impossible when people like J.P. Morgan reveled in being able to place a meter on the thing that, up till now, has throttled human destiny.
HODL, the ride might get bumpy.
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