Peak oil theory is the concept that there is a point where the world’s production of oil will reach the maximum amount of production, after which the amount we can produce will start to decline. This comes from American geologist and geophysicist Marion King Hubbert, who theorized that oil production ultimately has a bell-shaped curve.
Working in natural resources is many things, but it is not 9 to 5 – and it comes with its own risks and rewards.
They say you are what you eat.
Well, if technology is the future of food, we might be more apt to say we digitize than digest.
With 2 billion more people living on the planet in the next 30 years, global population is expected to outpace current food production supply by as early as 2050. Compounding this situation is that in some countries, such as the U.S., irrigation-thirsty agricultural land is pumping groundwater faster than nature can replenish.
We have become so good at extracting resources from the Earth that we’re now extracting at three times the rate that we did in 1970. Demand is increasing as emerging economies mature. By 2025, global consumption will reach $62 trillion, twice as much as in 2013.
While Jeff Bezos, Elon Musk and Richard Branson are sending rockets to explore space and make Mars habitable for humans, there’s a strong argument to be made for housekeeping changes on Earth, especially if you can’t afford to relocate to the Red Planet.
Mention the word “farm,” or “farming” and a quaint, stereotypical image of a barn, fields, maybe cows and a tractor likely comes to mind.
Nuclear power. Say those words and you can conjure up all sorts of images in people, from a lethal mushroom cloud to the power source of the future.
What happens when your smartphone goes kaput and you’ve decided it’s time to get a new one?
