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.)

Elements Of Electromagnetics
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Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
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2.1 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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