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On the plus side if we use up all the oxygen, we’ll have solved the problem of burning fossil fuels producing CO2!

If we use up all the oxygen, we'll have solved every social or political problem that currently plagues humanity. I think it's a good strategy.

FWIW, I consider extinction avoidance also a political problem

This is like the Bojack Horseman prescription to solve America’s gun problem (Watch the show, I won’t spoil it)