Here’s something that has been on my mind quite a bit lately.
Many people don’t realize that helium is a non-renewable resource. Even fewer people realize there’s a very real possibility that the earth’s helium reserves could be catastrophically diminished within our lifetime. Even if the world’s supply of helium isn’t entirely tapped out, the remaining supplies face the alarming prospect, within the next 15 years, of becoming extraordinarily expensive. Expensive enough to make helium inaccessible for many of the applications considered commonplace today.
I know it sounds a little silly at first blush (big deal, Ian, no more party balloons) but this is a genuinely serious issue. The depletion of the Earth’s helium reserves would be a tragedy for science and industry. The reason for this looming calamity stems from some extremely poor legislative decisions going back well over a decade, but more than that, it stems from the very nature of helium itself.
This subject is a little long for a single post. So, I’m going to break this discussion into three parts: In Part 1, I’ll try to address the issue of why helium is a nonrenewable resource. In Part 2, I’ll say a little bit about the history of the world’s helium reserves, and current threats to the world helium market. In Part 3, I’ll talk about why we need helium for more than just party balloons, why this unique element is an awesome and irreplaceable resource for science and technology, and why its loss would be tragic.