The Increasing Scarcity of Helium
priceonomics.com
priceonomics.com
Neon from air is much more expensive at $300 a kilo. That's because Neon is at a low concentration similar to helium. Helium can be extracted for about the same price as neon, so we're not in danger of ever running out. Helium is a renewable resource that leaks out of the Earth's crust and regenerates from solar wind constantly, contrary to op.
It's only extremely cheap helium that will run out, and most of the supplies in the world are still underground in natural gas reserves. There are generations of cheap helium left.
From this we can conclude that Argon is not a suitable replacement for the current uses of Helium. People pay a premium to use Helium today, and that speaks to the fact that Helium has unique properties that are highly advantageous.
There are some uses for He that are harder to replace. Argon will collect in low spaces more than He; N2 might be a compromise for welding. Nothing can be relied on to be quite as cold as liquid He. But there is a lot of substitution that can be done when He prices rise, several generations from now.
Quantum tech needs helium.
I'm a bit disappointed that Pricenomics didn't do some follow-up work to determine who sponsored this legislation, who that legislator's main political donors were, and which industrial concerns benefited the most from this implicit subsidy.
Romantic notions aside though, it is pretty common in space being the by product of the star's initial gas load. At some point I wonder if collecting it there will be economical.
As long as natural gas continues to be extracted, there's likely to be sufficient Helium production from Earthly sources for the foreseeable future. It mostly just requires the right equipment on wells.
The article itself says the dumping of the last several years effectively destroyed the production infrastructure. As the price stabilizes reinvestment will follow, and doesn't it stand to reason that more reserves will be found and existing outlets more fully tapped such that 100 years reserve becomes 200 years and so on?
Sounds also a bit like the outcry over "rare earths" which after China threatened to shut off the spigot all of a sudden a dozen other facilities got in line to happily take their place. The market is lazy, up until the moment there's a buck to be made.
All the gold mined in all human history amounts to about 175,000 metric tons, or 386 million pounds. And there's 7.3 billion of us humans.
That works out to about 24 grams of gold per person, or 0.84 standard ounces (0.77 troy ounces). At present rates of about $1,200 per ounce ($1,187.47 as I write this), it'd be worth slightly less than $1,000.
For copper, it's a kilo or two.
For numerous minerals and natural resources, remaining supplies range from a few years (antimony, 8), to a few decades (aluminium, 80 years).
http://www.bbc.com/future/story/20120618-global-resources-st...
Listed: antimony, indium, silver, copper, titanium, tantalum, phosphorus, aluminium, gas, oil, coal, agricultural land, coral reefs, rainforests.
Abundance!of!elements!in!Earth's!crust!is!pretty!interesting: https://en.wikipedia.org/wiki/Abundance_of_elements_in_Earth...
Humans (and other life forms) use free energy to redistribute mineral resources. We're frightfully good at it.
We have yet to run out of X.
Part of the problem is that when you extrapolate any sort of growth, you naturally run out of what's considered available resources. That's because nobody is looking for any more resources right now. Once the price goes up, folks start looking harder. As one wag put it: nothing you dig out of the ground has ever gone up in price consistently. Just the opposite.
I'm not saying we're never going to run out of $PRECIOUSTHING, just that "We're losing all the helium" is just another entry on a very long list of things. None of which worked out that way.
Problem is that is insanely expensive. The more expensive resources are, the lower their utility to the market. We use helium and oil now to enable a lot of essential and hard to replace technologies, but if the price starts spiraling out of control due to diminishing availability (and it has / will in both cases) the increasing price limits your ability to use the resource for useful purposes.
Its not really about conservationism at all. Its long term strategic economic thinking. Doing stuff with non-renewable resources that is barely useful (fuel inefficient cars or party balloons) means when we want to do more useful things with these resources later, diminished availability might make it much more expensive later on.
I imagine to most people having plastics, MRI machines, and modern agriculture is more important than having to recharge an electric car or put an alternative heavier gas in their party balloons. If the price of these resources starts spiraling as the cheap supply runs out, the costs of the former skyrocket, and we do not have easy alternatives for them yet like we do a lot of modern oil and helium habits.
⚫ Guano (fertilizer)
⚫ Forests, generally, in Lebanon ("the cedars of Lebanon"), Greece, Italy, Europe, England.
⚫ Whale oil.
⚫ Bison.
⚫ Passenger pigeons.
⚫ Dodo.
⚫ Arable land through the Middle East and Fertile Crescent.
⚫ Cod.
⚫ Water from the Aral Sea.
⚫ Cryolite (used in aluminium smelting).
The fact that several of these are species or ecosystem resources strikes me as significant.
At the time of the American Revolution, England relied on its American colonies for lumber, fuelwood, turpentine (derived from pine pitch), and other forestry products. It wasn't able to provision its own ships let alone fuel supplies, absent these.
Forests have recovered in Europe over the past 100-150 years, but that's almost entirely due to offloading fuel supplies to coal, oil, and gas.
Among the problems prompted by Greece's credit crisis is a renewal of woodburning, creating both air quality problems and deforestation:
http://www.cbsnews.com/news/greece-financial-crisis-high-fue...
In the US, quality lumber is becoming difficult to find:
https://www.reddit.com/r/Construction/comments/389q25/lumber...
I was referring specifically to elements found naturally on the Earth, but my wording was unclear. By pointing out a bunch of other things that I was not referring to, you have helped clarify the issue.
Don't really want to do a rebuttal. I did learn some things about cryolite this morning. Here's a good article for those looking to dig deeper. (apologies for the pun)
http://www.slate.com/articles/news_and_politics/explainer/20...
The more general trend, that it's been ecosystem resources, especially animal and plant extinctions, sometimes localized, which are more comonly encountered, suggests the risks we're facing are more likely systemic than strictly one of stocks.
I disagree with the general suggestion of your Slate reference that resource consumption is no longer a concern. Though economists specifically are rather divorced from reality.
And peak helium is linked tightly to peak natural gas, because that's how helium is obtained. It's a byproduct of natural gas. When natural gas production falls in the next few decades, He will do the same.
Of course, we can always extract He from the atmosphere. Unlike oil, it renews itself -- contrary to op's implication -- from underground radiation and solar wind. it won't ever get much more expensive than neon.
Or is there something fundamental about the paradigm that makes that impossible?
For sport diving in the 30 – 120m range using hydrogen mixes would be ridiculously dangerous due to the fire risk. What happens if your tank leaks on the dive boat next to an engine? No sane dive shop owner or boat captain would ever allow it.
Nothing much would happen, the hydrogen would rapidly rise up and away.
You'd have a hard time intentionally causing a fire with a low level leak of hydrogen near a closed fire like an engine, never mind by accident.
A small amount of safety precaution (and diving is quite full of safety precautions, so I think they could handle it) is all you would need to make it safe.
Sport diving with flammable mixes is something that only works in hacker fantasy land, not the real world.
So simply don't carry the tank over to the motor and open it there, and don't smoke. Even the most basic of safety practice would make this not a problem.
Do you not carry any fuel onboard? Hydrogen is safer than gasoline, yet people carry it without a second thought.
"2013 saw the passage of the Helium Stewardship Act, which allowed the National Helium Reserve to continue operations until 2021, and to sell its helium at auction -- creating prices closer to market rate. But not before selling off a large chunk of the Reserve for peanuts."
We have a strategic petroleum reserve that most Congress and America would go berserk over if we attempted to close, but helium, something far more valuable, is filling our party favors.
It's possible, after all, to make He3 by making tritium and waiting 12 years.
Airships leak helium. A lot. You can't just inflate the thing once; it needs constant refilling. I met the CEO once at a steampunk convention, before the shutdown. The price of helium was starting to hurt, but hadn't killed them yet. Their two biggest expenses were labor and helium. Fuel cost was relatively small.
EDIT: I thought you meant there was some wasteful high-energy way to get it from something, the way you can do electrolysis on water (to get oxygen and hydrogen, though this isn't used due to it being easier to just get hydrogen from fossil fuels.) I didn't think you meant we should literally fuse hydrogen to meet our helium needs!
We'll basically have the same situation as we have with plutonium once the terrestrial/natural resources die out - which is bad but not nearly as impossible as simply not having access to the element.
Even if we replaced all energy generation with fusion. And I mean all of it. As far as I'm aware, the amount of waste helium produced wouldn't meet our needs.
Maybe you don't realize just how much industrial helium is used... but it's a lot. According to:
http://minerals.usgs.gov/minerals/pubs/commodity/helium/mcs-...
As of 2013, some 47 million cubic meters, or 1.8 billion cubic feet, to be exact.
Every MRI uses Helium, as do many other systems, for cryogenics. It's also used in applications where an inert environment is required, which includes arc welding applications (think all those aluminum trucks rolling off assembly lines).
"Some" is more than "none" by a significant margin. A single functioning MRI is significantly more than no functioning MRIs.
> I'm aware, the amount of waste helium produced wouldn't meet our needs.
Yes, the energy produced by nuclear power is huge - which means you don't need to convert much mass and hence you don't wind up with much He.
Something is infinitely better than nothing. Again, take Pu as an example of that - we have very little of the stuff but we are careful with it because of the scarcity (something that we are not with He); if we were forced to we could probably stretch a limited He supply a bit further, just like we do with Pu (e.g. not using it for bloody balloons). He is a great cryogenic for MRIs but possibly it's not the only feasible solution to that specific problem: it might be possible to replace it with a more common element.
Eh, honestly, that's a largely meaningless statement.
Let's say we went from 40 million cubic meters of helium a day to 1.
That would effectively eliminate the vast majority of industrial helium applications due to cost.
So no, "something" isn't better than "nothing" if you go from "abundant" to "very scarce".
And yes, there are absolutely applications (such as welding) where there are alternatives available (argon and xenon, particularly). But that isn't solving the helium shortage problem. It's coping with it. Which we should be doing. But we can't expect fusion to help us along... it's not an answer, here.
my guess is harvesting from the moon, rather than fusion. We might also just say fuck it, reserve the last million cubic feet for science experiments and call it a day.
I think your point is, there are tons of industrial uses of helium right now, and if it were to be gone today, it would be a huge problem.
imho, we should probably tax the hell out of its usage right now to force people find alternatives and be more efficient.
The price change is coming even if we don't want it to. it can be gradual or a hockey stick. We both agree cutting the supply by 7 or 8 orders of magnitude one afternoon would really suck.
Spoiler: No.
One of the great things about fusion is that it requires so little fuel to produce huge amounts of energy, though, and correspondingly would produce very little helium waste. So, probably not gonna be all that practical for propping up the commercial helium supply.
He-3 is rather rare naturally and was only really produced in quantity as a byproduct of nuclear weapons fabrication. Basically nobody is making nuclear weapons these days (at least in significant quantities) and there's not really any viable source of He-3. Alternative detector media like BF3 is crappy by comparison and the only other way to make He-3 en masse is via fusion, which isn't yet feasible.
So nowadays a tube full of He-3 about the size of a typical fluorescent light can run into the $100000 range (ish, it's so rare that it isn't really sold by anybody).
Outside of fuel for fusion, radiation detectors and a few other minor applications there's not much use for He-3. The more interesting possibility to me is the idea of extracting He-3 on the moon and keeping it there, using it to fuel a fusion reactor powering some sort of sci-fi type lunar city/port. Since it's available in relative abundance on the moon directly and doesn't have to be bred indirectly it starts to make sense as a fuel.
Only 100 years, how scary. I think by then we'll find new ways to get helium, find alternatives or recycle it. A lot happens in 100 years.