Recent new information on actual oil stocks seems to indicate that there is not as much petroleum available for world use as we were led to believe. Possibly fear of stock market price devaluation of oil company stocks was a reason to overstate actual supply stocks.
Many beleive that Peak Oil happened last year not in the next 10 years. The question becomes will the crisis quantity of CO2 at 450ppm, ever be reached as we depend less and less on oil. At the same time will the price of oil go so high as to curtail global economic growth?
Opening some of these websites can be a real eye opener and maybe alternative and renewable energy sources are going to get a boost of energy (pun intended).
The presentations from the Association of Peak Oil and Gas Houston Conference are now available online.
Pushkar Kharecha spoke about his paper with Hansen (the one in my blog entry, not a new one) and his slides are here:
"They provide a first-order review of the magnitude that near-term peak oil/gas would imply for the total stocks of fossil fuels that can be emitted this century. They argue for a binding coal emissions phaseout and emphasize coal carbon capture and storage combined with early efforts on energy efficiency and then carbon neutral/negative biofuels and renewables. Their analysis concludes that it is possible to keep emissions under 450 ppm."
Other interesting presentations:
Peak Oil and the Media - Tom Whipple
Update on the MegaProjects - Chris Skrebowski ("There are now just 1200 days to total liquids peak")
21st Century Energy Challenges - Thomas Petrie, Vice-Chairman Merrill Lynch
Personal Financial Planning for Peak Oil and Climate Change - Richard Vodra
http://www.aspousa.org/proceedings/houston/presentations/Richard%20Vodra_PeakOil_Climate_Change.pdf