It’s Well Past Time to Start Taking Peak Oil Seriously by Jeremy R. Hammond

by Jeremy R. Hammond
Featured Writer
Dandelion Salad
Foreign Policy Journal
February 28, 2011

Michael Lind writes a top-9 list of “most annoying sky-is-falling clichés in American foreign policy” under the headline “So Long, Chicken Little” in the March/April issue of Foreign Policy, with his second pick being, “The world must adapt quickly to the end of fossil fuels”, including the advent of Peak Oil. He characterizes Peak Oil as being “the point at which more than half the world’s petroleum supplies will have been exhausted and begin a long decline”. But, he says, the “menacing date” at which Peak Oil will be upon us has “repeatedly been pushed forward into the future by the advent of new technologies. For instance, thanks to innovative ways to tap into previously inaccessible or prohibitively expensive sources, natural gas will soon be available in much larger amounts than anyone imagined only a few years ago.” Lind’s bottom line is that it’s fearmongering to say that “we’re about to run out of the stuff.”

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