yes
Many companies would be forced to adopt alternative power and fuel sources such as wind, solar, geothermic power and ethanol. Industry would be slowed, but humanity would adapt, as we so often do.
Alternative Fuels & Raw Materials
Miguel Carriquiry has written: 'A comparative analysis of the development of the United States and European Union biodiesel industries' -- subject(s): Biodiesel fuels, Diesel fuels industry, Economic aspects, Economic aspects of Biodiesel fuels, Economic aspects of Diesel fuels industry
If we do not it will eventually be forced on us.
Nitromethane, CH3NO2, is an organic compound that is more flammable than gasoline. And, though it is widely used in industry, it is also used as an additive in racing fuels to increase the volatility of the combusted materials. Wikipedia has more information, and a link is provided.
Burning of fossil fuels (coal, oil and natural gas) is used in industry, transport and the generation of electricity.
Developed countries with lots of population and industry.
Stop burning fossil fuels in industry and transport.
Compressed gases are used as fuels, in industry, laboratories, hospitals, etc.
There will eventually be no fossil fuels to use in the world.
Examples: pharmaceuticals industry, petrochemical industry, chemical analysis of all materials, plastics, toxicology, foods industry, pesticides, fertilizers, rockets fuels, batteries, cosmetics, etc.
Fossil fuels are formed from the bodies of millions of years deceased animals. For this reason, fossil fuels should be conserved because they are a very finite resource.