IEA acknowledges peak oil
If you go to the executive summary of the 2009 International Energy Agency World Energy Outlook, and search for "peak oil", your browser will come up empty. The whole subject was so beneath the dignity of a serious energy agency that they didn't even bother mentioning it.
Will peak oil be a guest or the spectre at the feast?
Alas, if you rely on the New York Times, you'd still be in the dark. The piece on the report doesn't make a peep about peak oil (being focussed entirely on the China demand growth aspect of the report, which is admittedly interesting and important).
So there you have it. Peak (conventional) oil has come and gone — though the IEA does still implausibly think that conventional production will basically plateau for the next 25 years. This is a remarkable coincidence, but I guess it's progress of a sort. At least peak oil is no longer just a mad conspiracy theory.-BA
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