energy and economy introduction the natural abundance of fossil fuels technologies to extract convert them into useful power made possible massive explosion population technology culture called industrial revolution abundant inexpensive is now lifeblood modern economies yet from both resource environmental perspectives current modes use cannot continue indefinitely this chapter provides overviews us world consumption production reserves it also discusses aspects relationship between such as prices externalities economic growth intensity resources gdp trends late 1850 wood supplied over 90 forests declined progressed was replaced by coal oil discovered in about 1860 quickly became dominant source supplies tightened 1970s nuclear generate electricity has expanded recently clean gas overtaken become second biggest sources bureau mines kissock husar 1990 industrialization didn t really begin until
