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Technology and Society

Peak Oil?

October 22, 2007 Rand Simberg

Well, according to this article, we’re past it. I don’t buy it, though. It says nothing about shale or tar sands, which are going to come on line in quantities that will make current prices unsustainable. Another encouraging thing is that solar may become competitive within a decade. As the Guardian article points out, we are in an energy transition period, but it’s nowhere near as apocalyptic as it makes it out to be.

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