Long-term shortage of mineral energy resources
Other Names: Reliance on finite energy resources
Nature: The world will face increasing difficulties in the global supply of energy in general, and oil in particular, in the coming decades, with worldwide implications. Developing countries with less financial resources will lose out in the world-wide scramble for energy resources as the supply constraint increasingly becomes a reality. This is particularly alarming since the domestic energy requirements of developing countries are growing and are expected to grow in the future, with the increasing pace of industrialization and development.
Counter Claim: It is increasingly evident that, contrary to widespread fears in the 1960s and 1970s, there is no shortage of carbon-based fuels. Worldwide estimates of oil and gas resources continue to grow.
Problem Type: F: Fuzzy exceptional problems
Date of last update 14.03.1997 – 00:00 CET