Taking the recent World Energy Council and United Nations resource-base figures for the total amount of fossil energy in the ground worldwide as 356,000 quads, how long will it take to exhaust our fossil resources, assuming that we can recover one-half of the resource base and that usage grows at 3% per year? The world currently consumes about 400 quads of primary energy per year, of which 85% is from fossil sources. (Hint: you will need to account for the compounding, exponential growth effect of the 3% per year increase in consumption.)

Refrigeration and Air Conditioning Technology (MindTap Course List)
8th Edition
ISBN:9781305578296
Author:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Publisher:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Chapter2: Matter And Energy
Section: Chapter Questions
Problem 19RQ: What are the two types of energy most frequently used or considered in this industry?
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Taking the recent World Energy Council and United Nations resource-base figures for the total amount of fossil energy in the ground worldwide as 356,000 quads, how long will it take to exhaust our fossil resources, assuming that we can recover one-half of the resource base and that usage grows at 3% per year? The world currently consumes about 400 quads of primary energy per year, of which 85% is from fossil sources. (Hint: you will need to account for the compounding, exponential growth effect of the 3% per year increase in consumption.)
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