The basics:
- The world uses 2.6 trillion cubic metres a year, we have 187.9 trillion cubic metres left. 187.9 divided by 2.6 gives 72.3 but the graphic says there’s only 63 years left assuming constant consumption. Assuming a constant growth in consumption by 2% there’s supposed to be 42 years left.
- The top three biggest reserves are in Russia, Quatar and Iran (~53% total). The most production and consumption is in USA and Russia (~38% total production, ~35% total consumption).
- In comparison, assuming constant growths in consumption of oil (1%) and coal (4%) we have 38 and 44 years left of these resources respectively.
What is really interesting, though, is that General Electrics and BP are mentioned at the bottom of the page. Have the big corporations finally given up pretending infinite supplies of natural resources?