Global warming I have some sympathy for.
However, resource depletion?
There are roughly a trillion barrels of conventional oil reserves that we know about in the world today that we know of.
Include the tar sands, add another 400 billion barrels, even though that is probably underestimating it.
Then add the heavy oil deposits in Venezuela. That's another 300 billion barrels.
Now add the Green River shale deposits in the US, which are estimated to have 800 billion barrels of oil equivalent.
So, between those three - count 'em, one, two, three - those three nonconventional sources, that's 1.5 trillion barrels.
We are consuming about 30 billion barrels of oil a year. We have about 30 years of conventional oil that we know of left. Those three unconventioanal sources alone account for over 60 years of supply.
That doesn't include natural gas, of which there are over a hundred years of deposits around the globe - and I'm being conservative - which is used in fuel switching for a good chunk of the inputs we use in the economy.
The age of oil is 130 years old.
There's lots of energy in the world (let's not forget nuclear). However, there isn't much cheap energy anymore.
Technology will find alternative sources of power as the price continues to rise because it becomes more economic to do so. That's how its supposed to work.
As one energy expert whose name I cannot remember right at this moment said "the age of oil will end long before we run out oil".
However, resource depletion?
There are roughly a trillion barrels of conventional oil reserves that we know about in the world today that we know of.
Include the tar sands, add another 400 billion barrels, even though that is probably underestimating it.
Then add the heavy oil deposits in Venezuela. That's another 300 billion barrels.
Now add the Green River shale deposits in the US, which are estimated to have 800 billion barrels of oil equivalent.
So, between those three - count 'em, one, two, three - those three nonconventional sources, that's 1.5 trillion barrels.
We are consuming about 30 billion barrels of oil a year. We have about 30 years of conventional oil that we know of left. Those three unconventioanal sources alone account for over 60 years of supply.
That doesn't include natural gas, of which there are over a hundred years of deposits around the globe - and I'm being conservative - which is used in fuel switching for a good chunk of the inputs we use in the economy.
The age of oil is 130 years old.
There's lots of energy in the world (let's not forget nuclear). However, there isn't much cheap energy anymore.
Technology will find alternative sources of power as the price continues to rise because it becomes more economic to do so. That's how its supposed to work.
As one energy expert whose name I cannot remember right at this moment said "the age of oil will end long before we run out oil".