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I think we are in for a very hard 30-50 years politically and economically speaking.
Current young people are already poorer than their parents, and that's not getting solved. Next generation will be poorer and we will have to factor in a lot of tensions and unsolved problems that I think will derive in violence, a lot of violence. And very heavy societal collapses.
Maybe I'm dramatic, but the other day I thought that's not unlikely that a "western" country will experience a famine in the next 50 years. Many don't produce enough food for themselves by far, the moment they don't have the money or the possibility to buy it from other countries... Starvation it is. And with a growing population getting near the 10 billion humans, a few years of globally bad crops could devastate humankind.
So, yep, I think kids today are in for really hard times.
Maybe not societal collapses but costly upheavals certainly.
Yup, the fossil fuel foundation that enabled us to reach 10 billion is going away. Sunshine and puppies won't sustain 10 billion eaters.
The carrying capacity of a renewable energy system is not the same as a system that uses massive amounts of surplus energy coming from the ground.
It's lower. Far far lower. And getting there will be ugly, and your time frame is correct IMO.
Renewable energy production is increasing exponentially.
Electrical, yes. Oil is a feedstock for pretty much anything you can see in your house.
Please fertilize modern agri-business with electricity.
I'll wait.
In the meantime, try the trick of flying across the Atlantic in 6 hours with batteries.
No doubt we'll have electricity for as long as we can, but... the underlying civilization that uses it will not look a thing like what we have now.
Do you not already see housing supply issues, inflation, war everywhere?
War everywhere? See WW1 and WW2. Although there is certainly a risk with a large war across Europe it isn't guaranteed and generally seems like most don't really want one.