We’re being regaled again with stories about how the world is running out of a resource. This time it’s helium and as ever, the story is driven by people not really understanding what a resource actually is.
The party could soon be over for the balloon industry as a global shortage of helium sends prices sky high.
Industry experts have warned that the floating balloon could be a thing of the past by the end of the decade as demand for the gas continues to outstrip supply capabilities.
Sounds scary, eh? The thing is there’s a confusion here between the current extraction infrastructure and the total amount of the element available to us. [more]