> Historically, as we run out of a resource (whale oil, elephant tusks, seabird guano), we transition to a new technology based on a more abundant resource—and there are basically no major examples of catastrophic resource shortages in the industrial age.
I think the OP would say oil is "basically not a catastrophic resource shortage." This seems like a typical misinterpretation of exponential growth as linear growth. There's literally fixed mass on the planet. Growth cannot continue forever no matter how many geniuses it might produce.
When it comes to our ability to just find a substitute, past results don't predict future results. The author is like somebody who thinks because a stock went up in the past it's a good buy without looking at the fundamentals.
Oil made the 20th century absolutely explode in terms of population growth, we went from less than 2B to more than 6B in the 20th century and 8B now. Whale oil, elephant tusks, and seabird guano did nothing like that. How does one reasonably expect to replace a miracle? Electrification comes nowhere close, not that it isn't worth doing.
I think the OP would say oil is "basically not a catastrophic resource shortage." This seems like a typical misinterpretation of exponential growth as linear growth. There's literally fixed mass on the planet. Growth cannot continue forever no matter how many geniuses it might produce.