Limits-to-growth thesis

The index expresses the number of years until the resources are depleted, given that there will be no additions to the known resources and also the future annual use of the reserves remains at the current level. But the static reserve index is flawed because it neglects technological development in recycling and reuse of resources and the possibility of substituting scarce materials for abundant resources. Further, with the discoveries of new deposits of oil, gas, etc., the size of reserves may increase overtime despite their continuing extraction.

Limits-to-growth thesis

limits-to-growth thesis

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