In this comment, Professor Robert Mabro provides a critical assessment of the peak oil theory and how by focusing on the wrong questions, peak oil can shift attention away from more pressing and vital issues.
The provision of reliable electricity supply is vital to economic development in Third World nations. Apart from its important domestic and water pumping applications, electricity is a basic input into post-subsistence economic activity that allows communities to move from primary products into the processing of commodities, production of semi-finished goods and the creation of a […]
World oil consumption over the next twenty-five years could be almost as much as the total amount of oil produced in the entire existence of the oil industry. This high demand for what is a finite resource makes it necessary to assess where the continuing need for oil stands in relation to latest views on […]
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