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Episode 63 - Why We're Wrong (or so they say): Resource Scarcity

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Is There Enough Oil in the Ground?

"I don't have the data. I rely on the data that everyone else relies on," he says. "It seems like a pretty logical conclusion to come to that as our use accelerates of these resources at an exponential rate, the chances of finding enough of it again and again is going to decrease" If we don't know it's there, how do we extract it, right? And it could be that yes, we continue to find more and more little by little,. But that again leads to that same logical fallacy to me."

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