1996Raw materials report/Minerals & energy./Minerals & energyRequires access

Fossil fuels will not run out

Marian Radetzki

Open publisher page 3 citations

Abstract

The concern that mankind will run out of exhaustible resources is as old as the large scale exploitation of these resources. In this article the author analyses fossil fuels and his conclusion is decisive: We will not run out of oil, gas and coal. Instead he argues that fossil fuels will contine to have a very important role to play in the world's energy supply and that the most probable development is that the world's supply of energy can be secured at stable or falling costs until alternative forms of energy become established.

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What this paper is about

The concern that mankind will run out of exhaustible resources is as old as the large scale exploitation of these resources. In this article the author analyses fossil fuels and his conclusion is decisive: We will not run out of oil, gas and coal. Instead he argues that fossil fuels will contine to have a very important role to play in the world's energy supply and that the most probable development is that the world's supply of energy can be secured at stable or falling costs until alternative forms of energy become established.

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Available abstract

The concern that mankind will run out of exhaustible resources is as old as the large scale exploitation of these resources. In this article the author analyses fossil fuels and his conclusion is decisive: We will not run out of oil, gas and coal. Instead he argues that fossil fuels will contine to have a very important role to play in the world's energy supply and that the most probable development is that the world's supply of energy can be secured at stable or falling costs until alternative forms of energy become established.

Key concepts: Fossil fuel, Natural resource economics, Coal, Energy supply, Economics, Scale (ratio), Falling (accident), Energy (signal processing)

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