Use access key #2 to skip to page content.

Memo to Malthus: Give It a Rest, Already



July 18, 2012 – Comments (1)

(who? Look it up, people). We have plenty of fossil fuels right here in the US under our very feet. How much? I realize that there is some controversy about the calculations and amounts, so I have rounded these numbers to the nearest 100 years (since fracking has proven itself, I have included it) using current consumption assuming no imports:

King Coal 2.3 centuries

Crude Oil 2 centuries

Natural Gas 1 century

Every few years, someone makes a big media splash proclaiming that: we are squandering a limited resource; we are running out; we are on a long ride off of a short pier; we are using it all up and it will never come back; blah, blah, blah. Then, oops, it turns out they were wrong.

I am old enough to have seen this cycle come and go several times. Even TMF writers are not immune: when hawking their favorite solar stocks, they point to this to bolster their argument.

C'mon folks: stick a fork in it, it's done.

1 Comments – Post Your Own

#1) On July 18, 2012 at 12:59 PM, rofgile (98.97) wrote:

Hi JerryGuru.. did you notice that huge iceberg that split off from Greenland in the news today?

Yes, we have lots of fossil fuels - too much!!  If we run out of oil, we'll make synthetic oils from coal, or get it from tar sands, etc.  We'll keep pursuing the next more costly, more polluting resource until we run it out.  And, world population and distribution of consumption is growing - so there are whole billions of more demand for these same polluting energy sources.

I think major climate change is inevitable, given human nature and world politics..



Report this comment

Featured Broker Partners