When Oil Peaked

October 25, 2010
Deffeyes, a geologist and former oil researcher, continues the conversations he began in Hubbert's Peak with this level-headed look at the earthly limits of our natural resources. According to Deffeyes, oil production peaked in 2005; "On a time scale somewhere between one hundred and three hundred years, our civilization has to come around to sustainable and renewable resources. Most energy will be, directly or indirectly, solar." Offering the admittedly unpopular alternatives of uranium and coal until that happens, he discusses means of minimizing dangers and reducing energy consumption; his comparison of the efficiency of various forms of transportation may make readers think again about barges coming from China. And overviews of topics ranging from worldwide metal resources to biofuels leads to a consideration for where natural resources originate. Offering his own take on historical oil prices and the Great Recession, Deffeyes doesn't hide his bias, but presents data to support his arguments. Concluding with recommendations for a better future, the author suggests a market volatility tax and urges readers to create their own vision of what a sustainable future looks like, even while positing two extreme options himself.