For years, pundits have warned that the world's soaring population ... will usher in an age of scarcity. We already have a hard time supplying 7 billion people with food, with energy, with water. What happens when we hit 9 billion, the Earth's projected population in 2050? Stefan Heck and Matt Rogers say the resources are there - and the way we use them is about to undergo radical change. In their new book, Resource Revolution, they argue that information technology and advanced materials science, combined with new business models, will enable companies and societies to do far more with far less. It will be, they claim, a jump in productivity and efficiency greater than anything seen before. Heck, who teaches resource economics at Stanford University, and Rogers, a director of the McKinsey & Co. consulting firm, spoke with The Chronicle. Q: So current forecasts call for the world to add 2 billion people by 2050. Do we have the resources to give them a decent standard of living? Rogers: Take an example California faces right now - water. If you look at the next 20 years, we need to double the economic output for every unit of water we use. The good news is, in agriculture, we have a set of technologies where we can get much higher yields with the water that's available. Q: How about energy? Rogers: This resource revolution affects both how we produce and consume energy. With the dramatic increases in fuel economy we're seeing, from electrification and hybrids but also improvements in the internal combustion energy, you see an ability to improve the use of energy.
Latest
Latest News
Each news summary is created according to strict standards. Here's how we do it.
Each summary is created using a consistent editorial procedure. The target length is approximately 16 lines of 11-point Arial text in a 650-pixel-wide column. Up to 25% of a summary may be set in bold to emphasize the most important ideas. Summaries are composed of verbatim excerpts presented in the same sequence as they appear in the original news source, with very minor editorial additions. Where material has been omitted between excerpts, the omission is indicated with ellipses (...). Any words added by an editor for clarity or context appear in [brackets]. Our original news editor was Fred Burks. Tod Fletcher edited most summaries from 2007 through 2014, and Mark Bailey has served as news editor since 2014.