Prolonging the agony

© Shutterstock
© Shutterstock
© Shutterstock
© Shutterstock
© Shutterstock
© Shutterstock

When will we reach the world peak oil? This is the point at which the annual production of oil will peak before decreasing, indicating that half the world’s reserves have been depleted.

The experts are lost in conjecture: 2006? 2015? No matter because, according to another view, peak oil will coincide with the first socioeconomic and geopolitical upheavals caused by the growing shortage of black gold. It is already happening.

Now all we need to do is to make the reserves last until renewable energies make good their promise, while at the same time satisfying the exponential demand from emerging countries. And meanwhile hunting down climate enemy number one: greenhouse gases.

So the search for ideas is on. In industrialised countries, one idea is to improve energy efficiency. China and India are scouring the depths of their coal seams. Everywhere we can, we are capturing and storing greenhouse gases and making polluters pay for the privilege.


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