Wednesday, September 19, 2007

We are all peakists now - Schlesinger

Looks like the first part of the battle has been won. If you measure from M King Hubbert's initial presentation calculating Lower 48 peak in 1965-1970 (actual peak in '70) and world peak in 'about half a century' (the last peak was in 2006), it only took 51 years.
Former US Energy Secretary Dr James Schlesinger today claimed that the intellectual arguments over peak oil had been won, and that in effect ‘we are all peakists now’. In the keynote speech at the first day of an oil depletion conference hosted by the Association for the Study of Peak Oil in Cork, Schlesinger said that oil industry executives now privately concede that the world faces an imminent oil production peak, and argued that a recent report by the US oil industry grouping the National Petroleum Council constituted “a backdoor admission that in the next decade or two we face a moment of truth”. In a wide-ranging interview with Lastoilshock.com, Dr Schlesinger - who was also Defence Secretary and CIA Director - explains why he thinks “the battle is over, the peakists have won”, and discusses the delusions of US energy policy, Iraq, Iran and $100 oil. Original

Global climate change is an important subject. However, a solution to our energy crisis would also almost, it not totally, address the causes of global climate change. It would also most likely eliminate consumerism, globalism, and a number of other evil isms that exist as a result of too many people with not enough to do.

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