I don't know what the solution is at the moment. We have the capacity and technology to lower our emissions without really impacting our standard of living but as a society we are actively choosing not to act.
That will continue until there's a tipping point. In democracies it will hopefully mean demographic change and a shift in voting patterns. As boomers die off the numbers on this issue will shift towards demanding action. If that process moves too slowly, or the political system is unable to provide a solution then it will likely result in escalating violence and and the adoption of a new political system.
In authoritarian states it will certainly involve elements of violence unless the states act benevolently. Between states their is likes to be escalating violence and a steady increase in displaced people. The hippies in the ADF and the US Department of Defence are pretty concerned about this.
In economics, while younger generations are unlikely to ever reach the level of wealth of the boomers, as the percentage of wealth transfers to them there will likely be a shift away from polluting investments and towards stock that offer a solution to the problem.
I think the concerning thing about some of these scenarios is the potential for violence and the lack of order and planning. We need to reduce emission from coal but we will also need to burn plenty of it into the future for the production of metals and other uses. We need to drastically reduce our oil consumption but we still need oil for synthetics. These thing will take balance and planning.
A drastic political revolution, war or economic disinvestment would not be ideal.
