The real “fear factor”: peak oil

Nancy sent us a link to this:

BBC’s Adam Porter has authored an interesting account of the Peak Oil conference — held on in Berlin by the Association for the Study of Peak Oil (ASPO). This year offered a more visible presence executives from major oil firms who oppose the ideas of ASPO’s founder, Colin Campbell. The debate between opponents and propopents of peak-oil produced a surreal episode that would be funny if it didn’t reveal how severe the crisis actually is:
At ASPO’s recent conference in Berlin, companies such as BP and Exxon and men such as Fatih Birol, chief economist of the International Energy Agency, began to talk to the proponents of the peak oil theory. Whilst they may not agree with Dr Campbell’s theories, their attendance highlighted ASPO’s emerging importance in the oil debate. In public, Mr Birol denied that supply would not be able to meet rising demand, especially from the buoyant economies […]

Read the rest here.

June 8, 2004 | Filed Under Uncategorized

 

Comments

Leave a Reply