Sustainable Fuel Alternatives. Myths, Misconceptions and Reality. Peak Oil Discoverer M. King Hubbert 1903-1989. Shell Oil Geologist / Petroleum Scientist In 1954 he predicted that U.S. oil would peak about 1970 Controversial
Myths, Misconceptions and Reality
Jean Laherr`ere, Estimates of Oil Reserves, paper presented at the EMF/IEA/IEW meeting in Laxenburg, Austria, June 19, 2001.http://www.iiasa.ac.at/Research/ECS/IEW2001/pdffiles/Papers/Laherrere-long.pdf
“Biofuel brews up higher German beer prices” at the EMF/IEA/IEW
"It's absolutely outrageous that beer is getting even more expensive," Glitsch said, gulping down the last swig of his half-liter dark beer at lunch. "But there's nothing we can do about it, except drinking less –AND THAT’S NOT GOING TO HAPPEN."
Nothing on the horizon to replace the economic or environmental advantages of oil or natural gas
Peak oil doesn’t mean oil “runs out” –but tighter supplies will lead to price increases.
Major portions of the US energy strategy should be abandoned or curtailed, including ethanol and hydrogen.
All non-renewable energy (Nuclear, coal and tar sands will increase in price due to higher costs of production and increased cost of extraction.
Coal is the leading candidate to replace oil to fuel the US-and the world- economy.
There will be a shift to “electrification” of the US economy.
There will be plenty of oil available for the rest of the century-if we can outbid the rest of the world.
Aggressive conservation (Negawatts) should be a top priority for pessimistic or optimistic energy strategies.
We need to base our energy decisions on time periods of decades not election cycles.Conclusions