In figure 1 [4] we show the future energy reserves in billions of oil equivalent, Btoe, as a function of year. While we obliviously use up fossil fuels without taking stock of about what future reserves look like, we should take note of the endpoints shown here. These endpoints are dangerously close: Since our society is so dependent on fossil fuels, it therefore is extremely important for us to know when these fuels will run out according to [4]:
Oil will end by 2052 – 30 years time
Gas will end by 2060 – 40 years time
Coal will last till 2090 – 70 years time
However, according to BP [5], earth has 53 years of oil reserves left at current rate of consumption.
https://mahb.stanford.edu/library-item/fossil-fuels-run/
In figure 1 [4] we show the future energy reserves in billions of oil equivalent, Btoe, as a function of year. While we obliviously use up fossil fuels without taking stock of about what future reserves look like, we should take note of the endpoints shown here. These endpoints are dangerously close: Since our society is so dependent on fossil fuels, it therefore is extremely important for us to know when these fuels will run out according to [4]:
Oil will end by 2052 – 30 years time
Gas will end by 2060 – 40 years time
Coal will last till 2090 – 70 years time
However, according to BP [5], earth has 53 years of oil reserves left at current rate of consumption.