ECOR 1010 Lecture Notes - Lecture 1: Coal Oil, 6 Years, The Population Bomb
Document Summary
Tse lecture part 1: fossil fuels have made explosive growth in human enterprise. No other sources other than fossil fuels has changed the structure of economics, technologies politics more than fossils fuels, quality of human life as well as agriculture. Agriculture > boosted human population from past times. Fossil fuels > reason for expansion of human population in 150 years. Kyoto debate > the debate due to fossils fuels due to serious climate change. Not many aware that fossils fuels are being finished. Coal is almost found in any country. Reserve is going to last over 150 years. Oil and gas will be depleted this century. Oil gone by 2030, and gas is going to be only 20 years behind. Growth domestic product - the country"s way to calculate economy. Natural gas up and than down again. Same with wind and solar power only going to rise a little. Energy consumption went low due to electricity.