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Ten Reasons to Take Peak Oil Seriously
Physics Department, Renewable and Clean Energy Program, Sustainability, Energy and the Environment (SEE) Program, University of Dayton, Dayton, OH 45469-2314, USA
Received: 3 December 2012; in revised form: 30 January 2013 / Accepted: 1 February 2013 / Published: 12 February 2013
Abstract: Forty years ago, the results of modeling, as presented in The Limits to Growth, reinvigorated a discussion about exponentially growing consumption of natural resources, ranging from metals to fossil fuels to atmospheric capacity, and how such consumption could not continue far into the future. Fifteen years earlier, M. King Hubbert had made the projection that petroleum production in the continental United States would likely reach a maximum around 1970, followed by a world production maximum a few decades later. The debate about “peak oil”, as it has come to be called, is accompanied by some of the same vociferous denials, myths and ideological polemicizing that have surrounded later representations of The Limits to Growth. In this review, we present several lines of evidence as to why arguments for a near-term peak in world conventional oil production should be taken seriously—both in the sense that there is strong evidence for peak oil and in the sense that being societally unprepared for declining oil production will have serious consequences.
Keywords: peak oil; natural resource limits; non-conventional oil
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Cite This Article
MDPI and ACS Style
Brecha, R.J. Ten Reasons to Take Peak Oil Seriously. Sustainability 2013, 5, 664-694.
Brecha RJ. Ten Reasons to Take Peak Oil Seriously. Sustainability. 2013; 5(2):664-694.
Brecha, Robert J. 2013. "Ten Reasons to Take Peak Oil Seriously." Sustainability 5, no. 2: 664-694.