Its not to great of simplification to state that the failure to understand the concept of exponential growth by planners and/or legislators, is the single biggest problem in all of Environmental Studies and/or Management.
The Two Principle Problems with Resource Management:
Exponential growth drives resource usage for a very simple reason:
Human population increases exponentially:
Accurate trend extrapolation is the most important part of future planning. However, failure to assume exponential growth will always lead to a disaster so always assume exponential growth when planning anything! ( Remember the California Example ).
70/n years; n =% growth rate
Its important to recognize that even in the slow growth period, the use of the resource is exponential. If you fail to realize that, you will run out of the resource pretty fast.
where k = growth rate
R = total resource available
ro = initial consumption rate
The basic problem is that we substitute Disney's First Law for this arithmatic reality of resource depletion.
Some examples to do in Excel. Calculate resource depletion time scales for various values of k.
Let's start out with the Hubbard Curve. Note that peak production occurs on a timescale of 1/2 of Te as the production curve is assumed to be symmetric.
Now in the real world, consumption curves are modified by economics
and so may look something like this.
However, in the case of resource usage (as opposed to market economics), underlying exponential growth is usually the basis for resource usage, unless some new technology comes into play that makes the use of that resource more efficient.
A good example of this is provided by the pattern of historical energy consumption in the US.
Note that this energy usage above includes energy for heating, cooking and transportation. These are large energy sinks.
In more "modern" times, an increasing fraction of our energy use is devoted to generating electricity: