Rev. Thomas Malthus's Essay on Population (1798): Exponential population growth will outstrip food production. Humans will be reduced to subsistence living. Exponential population growth example: E. coli doubles every 20 minutes, so… If you start with only 1 μg of E. coli under your fingernail in 4 hours: 4 grams In 8 hours: 16Kg In 12 hours: 68 metric tons In 24 hours: enough to cover the entire Earth about 2 miles deep. (Please wash your hands!) Time Population 1 10 2 20 3 40 4 80 5 160 6 320 7 640 8 1,280 9 2,560 10 5,120 11 10,240 12 20,480 13 40,960 14 81,920 15 163,840 16 327,680 17 655,360 18 1,310,720 19 2,621,440 20 5,242,880 21 10,485,760 22 20,971,520 23 41,943,040 24 83,886,080 25 167,772,160 26 335,544,320 27 671,088,640 28 1,342,177,280 29 2,684,354,560 30 5,368,709,120 31 10,737,418,240 32 21,474,836,480 33 42,949,672,960 34 85,899,345,920 35 171,798,691,840 36 343,597,383,680 37 687,194,767,360 38 1,374,389,534,720 39 2,748,779,069,440 Population 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 - 0 5 10 15 20 35 40 Population 3,000,000,000,000 2,500,000,000,000 2,000,000,000,000 1,500,000,000,000 1,000,000,000,000 500,000,000,000 - 20 25 30 Exponential growth looks the same from any point in time! Jonathan Swift’s A Modest Proposal (1729): "I have been assured by a very knowing American of my acquaintance in London, that a young healthy child well nursed is at a year old a most delicious, nourishing, and wholesome food, whether stewed, roasted, baked, or boiled; and I make no doubt that it will equally serve in a fricassee or a ragout." Garrett Hardin (1968) Tragedy of the Commons Our long-term survival will require progressive elimination of freedoms--including government restrictions on reproductive rights--and growing reliance on "mutual coercion." A grazing common in Scotland Paul Erlich – choice quotes: "We must have population control at home, hopefully through a system of incentives and penalties, but by compulsion if voluntary methods fail. We must use our political power to push other countries into programs which combine agricultural development and population control.“ “In ten years all important animal life in the sea will be extinct. Large areas of coastline will have to be evacuated because of the stench of dead fish.“ (1970) "By the year 2000 the United Kingdom will be simply a small group of impoverished islands, inhabited by some 70 million hungry people ... If I were a gambler, I would take even money that England will not exist in the year 2000.“ (1971) The real tragedy is that people believe this stuff! Putting Hardin’s recommendations into practice: China’s one-child policy The tragedy of a terrible social policy: • • • • 400 million coerced abortions 30 million missing girls due to sex selection Fines, corruption & bribery Shortage of workers vs. retirees will slow economic growth Little emperor? Visit your parents --it’s the law! US age profile, by year (2010 Census of Population) Are natural resources really getting less scarce? Simon’s bet vs. Paul Erlich: Erlich chose a $1,000 “portfolio” of commodity minerals—copper, chromium, nickel, tin and tungsten—to track over 10 years. If its value increased, Simon would pay Erlich the increase. If its value decreased, Erlich would pay Simon the decrease. Its value decreased 57%; Erlich paid Simon $576.07. Julian Simon 1932-1998 POPULATION GROWTH RATE vs GDP/Capita 5 4.5 POPGRWTHRATE = -0.431ln(x) + 5.0678 R² = 0.2318 4 3.5 3 2.5 2 1.5 1 0.5 0 $100 $1,000 $10,000 $100,000 50 BIRTHRATE & DEATHRATE vs GDP/Capita 45 40 BIRTHRATE = -6.225ln(x) + 76.585 R² = 0.6428 35 DEATHRATE = -0.562ln(x) + 13.092 R² = 0.0541 30 BIRTHRATE DEATHRATE 25 Log. (BIRTHRATE) Log. (DEATHRATE) 20 15 10 5 0 $100 $1,000 $10,000 $100,000 100 LIFE EXPECTANCY vs GDP/Capita 90 80 70 60 50 LIFE EXPECTANCY = 5.6698ln(x) + 19.747 R² = 0.628 40 30 $100 $1,000 $10,000 $100,000 So if economic growth is the solution to the population problem, what drives economic growth? GDP per Capita vs. Gini Coefficient (Income Inequality) $100,000 GDPPCAP = 50735e-0.045x R² = 0.1262 $10,000 $1,000 $100 20 25 30 35 40 45 50 55 60 65 70 Components of the commons problem: 1. Very slow reproduction or recovery 2. Hard to privatize 3. Inelastic demand: scarcity increases price, but demand is not very responsive to price 4. Institutional failures: govt. corruption, non-enforceability of conservation agreements “Common Property” vs. “Open Access” (non-excludable) Resource markets anticipate future prices. But the naïve static reserve index ignores this: Reserves ÷ Annual Consumption = Years until we run out!! Logical fallacies: 1. rising price signals scarcity, moderates consumption 2. “reserves” are not static! “Peak Oil” predictions…going wrong! Do not confuse “Reserves” with the physical resource base! As resources get scarcer, their prices increase. Rising prices moderate scarcity by motivating --conservation --efficiencies in resource use --discovery and development of new reserves --substitution to alternative resources US Petroleum inventory Long Beach, CA, oil field (1920) Flaring natural gas from Iraqi oilfield What happens when we run out? Extraction of crude from Canadian tar sands PBF refinery, Delaware City, DE Delaware’s Coastal Zone Act “grandfathers” the PBF refinery, but bars expansion outside its original footprint and bars transshipments of crude (to PBF’s other refinery in Paulsboro, NJ). ALTERNATIVE ENERGY SOURCES Ethanol: E10 mandate diverts 40% of US corn crop from food to fuel: 51 cents/gallon federal subsidy to U.S. producers. Hoover Dam hydropower Geo-thermal Nissan Leaf all-electric, approx. 70 miles/charge @ 3½ cents/mile