It would be quite ironic if the Chinese solve the oil problem by perfecting ionic/plasma power plants, burning trash for power, since they aren’t hindered by environmentalists screaming “not in my backyard”. Solve the trash and power problem at once.
Or the Indians, via IIT.
But it may not even be necessary for them to help solve that for awhile. There is still alot of oil out there. The 30-40 year reserves is based on only getting 35% out. They could help with figuring out how to get the other 65%. And that's just with the known reserves. They could help out in oil exploration.
I remember back in the 70's, people were talking about running out of oil. But the reserves are greater today than they were then.
And I'm only talking about the the traditional way we think of getting oil. There are other ways to get oil out. The Tar sands in Canada is one other way and I believe I read just there alone is equal to all the known oil reserves.