20 Oct '11, 8am

Ignore the sceptics, the 'peak oil brigade' is right #peakoil

In a recent article, Dieter Helm, Professor of energy policy at the University of Oxford, argued that 'the peak oil brigade' was 'leading us into bad policymaking on energy' . According to him, it is a mistake to assume that 'oil and gas prices are going ever upwards, that they will be volatile and that a core function of energy policy is to protect British industry and consumers from the consequences'. Yet, his argumentation contains serious omissions and inaccuracies. Let me start by saying on which point I agree with Professor Helm. Yes, the planet certainly has enough fossil fuels 'to fry the planet several times' and mitigating climate change should be a priority. But whether we like it or not, ' peak oil' remains a real problem . The situation is actually easy to comprehend and I seriously wonder how Professor Helm fails to understand it. According to Shell, in order...

Full article: http://www.theecologist.org/blogs_and_comments/commentato...

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