Meet the New Boss, Same as the Old Boss

Since the oil embargos of the 1970s, the fossil fuel industry and allied energy interests have helped manufacture a variety of discursive narratives that an alternative energy revolution is on the horizon which will someday replace conventional fuels with clean, renewable, noncarbonized sources of energy. A closer inspection of the industry’s investments and rhetoric, however, suggests that they are currently investing most of their historic profits in creating a future largely driven by unconventional fossil fuel dependence, intensive hydraulic fracking, and the continued control of the energy sector by essentially the same transnational corporations that control the market today. This article offers a critical analysis of the historical roots of our fossil fuel dependency, some of the key socioenvironmental threats associated with the emerging Third Carbon Era, and the myriad dangers associated with a future based on unconventional energy development, hydraulic fracking, and other “extreme energy” technologies. Focusing on the growing social and ecological impacts of natural gas fracking as a case in point, particularly its myth as a “bridge fuel” to a clean energy future, it is argued that these energy trends represent yet another “New Species of Trouble” in the Risk Society of late modernity.