m (Reverted edits by 190.7.62.202 (Talk); changed back to last version by Chriswaterguy) |
Bmorrisett (talk | contribs) mNo edit summary |
||
| Line 3: | Line 3: | ||
'''Peak oil''' is the belief that the peak level of oil production has been reached, or will be reached soon. After the peak has been reached, supply will be increasingly restricted, and the supply-demand balance will lead to dramatically increasing prices, as the declining reserves struggle to meet demand. | '''Peak oil''' is the belief that the peak level of oil production has been reached, or will be reached soon. After the peak has been reached, supply will be increasingly restricted, and the supply-demand balance will lead to dramatically increasing prices, as the declining reserves struggle to meet demand. | ||
In April 2005 China surpassed Japan as the second largest world consumer of petroleum (behind the U.S. of course). | In April 2005 China surpassed Japan as the second largest world consumer of petroleum (behind the U.S. of course). | ||
==Peak oil and climate change== | == Peak oil and climate change == | ||
Note that peak oil is not the same as peak energy.<ref>George Monbiot points out there are many decades of coal remaining, especially with potential new technologies. [http://transitionculture.org/2007/04/10/george-monbiot-on-peak-oil-and-transition-towns/ George Monbiot on Peak Oil and Transition Towns] transitionculture.org, 10 Apr 2007.</ref> The solutions to the two problems have much in common, but are not exactly the same, as oil is not the only major influence on climate change. | Note that peak oil is not the same as peak energy.<ref>George Monbiot points out there are many decades of coal remaining, especially with potential new technologies. [http://transitionculture.org/2007/04/10/george-monbiot-on-peak-oil-and-transition-towns/ George Monbiot on Peak Oil and Transition Towns] transitionculture.org, 10 Apr 2007.</ref> The solutions to the two problems have much in common, but are not exactly the same, as oil is not the only major influence on climate change. | ||
==Other implications of peak oil== | == Other implications of peak oil == | ||
*Solving the problem by moving to [[biofuels]] can be expected to create competition between food crops and fuel crops, making life harder for the global poor. | *Solving the problem by moving to [[biofuels]] can be expected to create competition between food crops and fuel crops, making life harder for the global poor. | ||
== Notes == | |||
<small><references/></small> | |||
== See also == | |||
==See also== | |||
*[[Low energy economy]] | *[[Low energy economy]] | ||
*[[Transition towns]] | *[[Transition towns]] | ||
*[[Alternative energy]] | *[[Alternative energy]] | ||
==External links== | == External links == | ||
*http://www.postcarbon.org/groups - Post Carbon Institute | *http://www.postcarbon.org/groups - Post Carbon Institute | ||
*http://www.LifeAfterTheOilCrash.net/ - Life After the Oil Crash | *http://www.LifeAfterTheOilCrash.net/ - Life After the Oil Crash | ||
* [http://en.wikipedia.org/wiki/Peak_Oil Peak Oil (WP)] - lengthy article that surveys different viewpoints on peak oil. Lots of supporting references. The discussion page, which is longer than the article (and that's not including the archive!), is an interesting read. | |||
[[Category: Technology]] | [[Category:Technology]] | ||
Revision as of 15:58, 6 January 2009
Peak oil is the belief that the peak level of oil production has been reached, or will be reached soon. After the peak has been reached, supply will be increasingly restricted, and the supply-demand balance will lead to dramatically increasing prices, as the declining reserves struggle to meet demand.
In April 2005 China surpassed Japan as the second largest world consumer of petroleum (behind the U.S. of course).
Peak oil and climate change
Note that peak oil is not the same as peak energy.[1] The solutions to the two problems have much in common, but are not exactly the same, as oil is not the only major influence on climate change.
Other implications of peak oil
- Solving the problem by moving to biofuels can be expected to create competition between food crops and fuel crops, making life harder for the global poor.
Notes
- ↑ George Monbiot points out there are many decades of coal remaining, especially with potential new technologies. George Monbiot on Peak Oil and Transition Towns transitionculture.org, 10 Apr 2007.
See also
External links
- http://www.postcarbon.org/groups - Post Carbon Institute
- http://www.LifeAfterTheOilCrash.net/ - Life After the Oil Crash
- Peak Oil (WP) - lengthy article that surveys different viewpoints on peak oil. Lots of supporting references. The discussion page, which is longer than the article (and that's not including the archive!), is an interesting read.