In all the hubbub over Peak Oil, other potential shortages are being ignored. An interesting one that the Next 100 blog covers is Peak Lithium. Lithium is the critical ingredient in our best battery technologies, and society is becoming more and more reliant on its availability. Seeing as batteries are the major limiting factor in many of the newest, coolest technologies this poses a real problem.
My hope is that we develop a new type of small transportable power source or energy storage medium in the near future, but this seems unlikely at the moment. Batteries have fallen way behind our other technologies. Just goes to show that you can innovate with Physics relatively easily, but Chemistry products are much harder to develop (and don’t even mention Biology…).