Per the
Global Footprint Network, it would now take 1.75 Earths to sustain us at current consumption rates, and that number keeps growing. With continued trashing of the planet the capacity of the Earth deteriorates. Hence, I estimate that we may need to cut our consumption in half in the next 100 years or face serious consequences. If technology increases do little more than balance out future affluence increases, then the only way to reduce that negative impact is a reduction in population.
The second dip refers to loss of renewable resources, such as fossil fuels and minerals. These don't get renewed at any rate close to current consumption. And no, we will not simply recycle these minerals forever. Some minerals cannot be recycled at all, and others deteriorate with recycling. (Michaux, Simon P., 2021,
The Mining of Minerals and the Limits to Growth., Geological Survey of Finland; Michaux, Simon P., 2021a,
Restructuring the Circular Economy into the Resource Balanced Economy., Geological Survey of Finland.; B, 2024,
Death Cults, Doomers and an End of a Civilization, Medium)
I show a representative value of the second dip at 20% of the current carrying capacity. I think you put this dip much lower, and perhaps further out in time.