3E Intelligence

Robert L. Hirsch, author of the famous US Department of Energy report that carries his name, has written a new and excellent overview of the peak oil and investment challenges on WorldOil.com. The article has an interesting table with the different scenarios on peak oil, and makes the case that, besides peak oil itself, underinvestments in oil production could spell danger for the global economy.
A must-read for all EU policy-makers who have still to grasp the urgency of the energy insecurity challenge and give it the same priority as climate change mitigation.

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