If we exceed a resource’s natural
replacement rate, the available supply begins to shrink and the process is
known as resource depletion. While we may exhaust our oil reserves within 50 to
65 years and natural gas in a hundred years or so, probably coal is going to
last the longest. Hence, impending threat of exhaustion of fossil fuels
presents to us a greater worry.
Clearly such a state of unmindful and rapid consumption of our natural resources, a steady impoverishment of biological systems and deterioration in the quality of our environment cannot continue for long.
The system would collapse sooner or later, leaving the humanity with severe food, water shortages and competition for the basic necessities.
Enormous inequalities of
distribution, increasing injustices in allocation of resources, vested interests
of people trying to corner for themselves a large share through unscrupulous
means would make the situation deplorable.
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