|
These graphs are always meaningless because they represent a static set of parameters. They assume a static rate of consumption, static price, static rate of new production, etc.
We saw the US produce the majority of its own fuels when the prices were super high a few years back. This is because new sources of fuel become profitable when oil hits certain prices. In other words, we will never run out of anything; demand will decrease as cost increases.
Alternative energy will be adopted as they become cheaper than fossil fuels. This will happen both from fossil fuels increasing in price, and alternative energy decreasing in price. We are already seeing places like Hawaii where renewable energy is cheaper than grid energy.
Wishing or stressing about energy won't much affect reality; that market forces will ultimately determine where our energy will come from.
Should I check this thread in 13 years to see if antimony ran out? Any wagers that antimony will be gone in 15 years?
|