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Yes, it is possible that the resources will run out. It can be because the massive usage of the resources.

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Climate change can caused by the green house effect, deforestation, and human hamit to waste the resources. Which lead to the scarcity of the resources since human can not be responsible when using the resources.

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Cooking oil which is used in the household are going to be a waste. Our group planned to change it into a usable item, which is candle.

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Yes. Oil is limited

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Scarcity happens because we spend lots of energy for our lives. And the activities makes climate change.