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Showing posts from 2012

Peak Oil

Peak Oil!  There is a big problem, and we are going to have to deal with it. Is it possible to actually come out ahead? The evidence has long been clear that oil resources are finite, and production will peak and go into decline early this century.  The question is, why there has been so little high-level policy action?  What about the proposition that dealing with the complex changes involved in the transition to oil supply contraction requires new kinds of engineering modelling and analysis.   There are no miracle technologies that will mitigate the need for major policy, economic, infrastructure and land use changes.  Researchers have the responsibility to develop new methods and tools necessary for policy makers and planners to manage this unaccustomed change.  Without the right tools, the policy choice is between denying the problem and hoping for miracles.   With the right Transition Engineering tools, the policy choices are abo...