Comment by achierius
11 hours ago
Exactly -- that means that any analysis based on the current (as of 1926) 'reserves' or 'production capacity' for rubber/fertilizer/coal/wood would have been invalidated as soon as we switched to using oil instead. Imagine if instead of harvesting helium directly we find an economic way to split nitrogen (somehow, who knows). At that point, what you'd have to have forecasted would be the 'reserves' of nitrogen, which are functionally infinite.
That still amounts to magical thinking. And the point of the post that you’re replying to is that we didn’t actually make things better. We actually accelerated our exploitation of other resources to make up for the shortage of the others which had serious other negative side effects.
Since we’re dealing in magical hypotheticals, what if this new economical way to split nitrogen generated so much pollution that it poisoned natural water supplies? Also the “economic way” is misleading. If prices shoot up enough, then crazy things become economical like missions to other planets to retrieve it. But that’s an insane cost that has to be borne out by all humanity. Historically that worked because you increased how many people were on earth so it spread the cost out. However, it’s pretty clear the Earth is at carrying capacity for humans with our current technology which is why the population growth has slowed drastically. So increasing costs threaten to become a weight the next generation can’t lift resulting in societal collapse.