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fossil fuels aren't all exhausted. There is some left, I think, but the UN made horrible export laws that made it very, very difficult to sell oil. Other than that, I'm not sure.
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If fossil fuels weren't exhausted then the HRL, Union, and AEU wouldn't be taking the enormous task of building these solar towers would they?
They'd all be sending in armies to conquer the middle east to secure those fuels.