Confessions of a peak oil writer

I’ve come to accept that my influence is going to be very limited. The trick is not to let frustration hamper your ability to do a job you still consider important. While we can be encouraged by the example of the geologist M. King Hubbert, we don’t have 30 years to get this peak oil problem straightened out.

ODAC Guest Commentary – Where has it all gone wrong?

Last year’s ‘bêtes noires’ were private equity funds. They had seen the light in terms of leverage and were using debt to fund major acquisitions, taking advantage of ridiculously low credit spreads and getting tax relief on their interest payments into the bargain. The Danish government’s corporation tax revenues fell by an estimated 12% when a consortium of private equity firms bought the Danish telecom operator, TDC for over Euros10bn. Too late, the Danish – and German – governments have introduced legislation to limit corporate tax relief on debt interest.