31 Jul '13, 11am

Why the Peak Oilers are still right

Why the Peak Oilers are still right

In the past two or three years this debate has reached a significant turning point. Evidence that climate change is real and caused by human activity has become irrefutable, and serious climate impacts (such as the melting of the Arctic ice cap) have begun appearing sooner, and with greater severity, than had been forecast. Yet at the same time, the notion that fossil fuels are supply-constrained has gone from being generally dismissed, to being partially accepted, to being vociferously dismissed. The increasingly dire climate story has achieved widespread (though still insufficient) coverage, but the puzzling reversals of public perception regarding fossil fuel scarcity or abundance have received little analysis outside the specialist literature. Yet claims of abundance are being used by the fossil fuel industry to change the public conversation about energy and climate, ...

Full article: http://grist.org/climate-energy/why-the-peak-oilers-are-s...

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