When will fossil fuels run out?



It is a fact that wealth guarantees a certain degree of livelihood, and 'economic growth' has become a universal slogan that is not influenced by political system, race, ethnicity, religion, etc. However, in recent years, ' global warming ' has become an urgent issue, and human beings are forced to judge 'how much economic growth should be sacrificed to take measures against global warming?' is. In this situation the question related to the fundamental 'What fossil fuel time is eliminated?', Under the umbrella of Stanford University SGDs of system tissue MAHB have predicted in 2019.

When Fossil Fuels Run Out, What Then? --MAHB
https://mahb.stanford.edu/library-item/fossil-fuels-run/

In modern times, electricity is the most important factor for the economy. According to the electricity market report released by the International Energy Organization in July 2021, global electricity demand fell by about 1% in 2020 due to the corona disaster, but increased by about 5% in 2021. It was expected to be. In this way, the demand for electricity is increasing year by year, but human beings rely on fossil fuels to generate electricity.

The world's primary energy consumption continues to increase with economic growth, and its rate has reached an average annual rate of 2.5% since 1965 in terms of oil equivalent. Some say that renewable energies such as solar power, wind power, geothermal power, and hydropower will change the world, but looking at changes in global energy consumption, fossil fuels such as gas, oil, and coal still boast an overwhelming share. increase.

Part 2 Chapter 2 Section 1 Outline of Energy Supply and Demand │ Annual Report on Energy in the First Year of Reiwa (Energy White Paper 2020) HTML Version │ Agency for Natural Resources and Energy
https://www.enecho.meti.go.jp/about/whitepaper/2020html/2-2-1.html



Nowadays, all media reports the crisis of global warming, and it is no longer possible to avoid such reports. The global movement is to avoid the consumption of fossil fuels as a measure against global warming, but this time MAHB is explaining the fundamental question, 'How long can fossil fuels continue to be used in the first place?' ..

As mentioned above, the consumption of fossil fuels is increasing year by year, but fossil fuels are made by changing dead bodies such as animals and plants deposited in the geological age into combustible components deep underground, and the amount is finite, and someday. It is a resource that will disappear. At present is that theories there about the 'specifically what time runs out of', Earthbuddies of environmental groups in 2017 'in oil 2052, gasoline in 2060, coal is exhausted in 2088' that the theory of the, BP , one of the major international oil capital companies called Super Major , advocated the theory that 'oil will run out in 2066' in 2013, but the International Energy Agency said, 'Global energy demand will be 30% by 2040.' It is predicted that it will increase more than that, 'MAHB is arguing that fossil fuels may run out faster than the theory of Earthbuddies and BP.

MAHB cites American shale gas as the one that has changed this situation. For a long time, the world's oil was produced by Middle Eastern countries that are members of the Organization of Petroleum Exporting Countries (OPEC). However, the United States is able to excavate from the shale layer, which is located deeper than 2000 meters underground, which was considered economically difficult, along the rock layer where oil and gas are trapped. 'Hydraulic fracturing' that cracks rocks with a mixture of high-pressure water and sand to extract gas, and 'Microsize Mick' that observes and analyzes seismic waves to determine the progress of hydraulic fracturing that takes place deep underground. With technology, we have pushed it to a practical level and have become the world's number one oil producer.

Section 1 Changes due to the 'Shale Revolution' in the United States │ Agency for Natural Resources and Energy
https://www.enecho.meti.go.jp/about/whitepaper/2015html/1-1-1.html



Then, what is the reserve of natural gas including shale gas? According to the announcement of the US Energy Information Administration in January 2020, 'The total amount of natural gas confirmed in the world is 7257 trillion cubic feet (about 205). Trillion cubic meters) '.

Taking into account the increase in consumption, it is calculated that about 205 trillion cubic meters of natural gas will be exhausted in 2072. On the other hand, if it is assumed that oil will run out in 2052 and the hole will be filled with natural gas, natural gas will be 'run out in 2060.' MAHB also states that 'burning natural gas emits carbon dioxide, which leads to global warming.'

in Note, Posted by darkhorse_log