Is Fossil Fuel Resource Depletion Real?
Absolutely. The depletion of our oil, natural gas and coal resources is not a phenomenon that will happen sometime in the distant future. It is happening now. It has already raised the price of energy, altered the objectives and alliances of international diplomacy, empowered the political aspirations of producer nations, restructured how world energy markets work, and changed the economics of fossil fuel exploration and production. Make a chart of world population growth. Add the data for fossil fuel consumption on an appropriate comparative scale. Population growth has obviously driven the consumption of energy. The more people on this planet, the more energy we consume. Within first world OECD nations, fossil fuel energy has provided the foundation for our economic wealth and population growth. But this begs a question. If we no longer have enough cheap and readily available energy to support our lifestyle, what happens next? False Assumptions Public policy has thus failed to make a
