Page added on March 4, 2007
…The third thing I want to say about it is that it is unsustainable because of climate change and because in addition to climate change because of resource depletion. Matthew Simmons, a distinguished petroleum investor who is no liberal Democrat tree-hugger like me, he is one of the Bush family’s close friends. He’s a conservative Republican. He says we have 35 years of recoverable oil left. The Saudis and Exxon say no, no we’ve probably got 100 years. Now the oldest city in civilization according to carbon dating that we know about today is Jericho in the Middle East, 10,000 years old. That means that the real happy talk people are saying we have a hundred years out of 10,000, one percent of the whole history of civilization, left to burn oil.
In addition to oil we have serious topsoil erosion around the world, which is going to create food shortages and food refugees. In the last decade only Argentina and Brazil which have about 22 feet of topsoil, still the biggest deposits in the world, only Argentina and Brazil in the last decade had significant increases in food yields.
America and Canada and the bread basket of Europe, they held their own. They continued to produce very well but we didn’t have any big breakthroughs.
That only happened in those two countries. The world population is supposed to go to nine billion by the middle of the century from six-and-a-half billion today. How are we going to feed all these people if the soil keeps eroding?
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