So now we are in a situation where we want to build a new system. And that system is going to be built with really, really fragile and expensive energy. No sorry, ineffective and expensive energy using a fragile finance system. It's probably a better way to say it. So our finance sector is not in a fit state to engage in industrial reform. And now we're also finding because energy's becoming a problem, and natural resources 00:06:52 are decreasing in grade, and getting harder to get hold of. So our ability to bring more resources online are getting harder and harder. At the same time, we have a massive pollution stream that is historically unprecedented and an environment that is deteriorating, that's the only way to describe it. Deteriorating at all levels. And we've got an unprecedented number of human population embedded in this system.
!- summary : current challenges - have to quickly build an entirely new system but... - fragile, expensive, low EROI, scarce energy - fragile financial system not fit for industrial reform - scarce and insufficient mineral resources - massive pollution stream - environmental degradation at all levels - unprecedented human population