Don’t Worry, Drive On: Some Real Talk About “Peak Oil”
I’ve received a couple of questions from you fine folks about whether it’s true that new technologies have opened up access to untapped oil resources, and that “peak oil” is no longer something we need to worry about.
It’s wonderful news when innovative science and new technologies improve how we harness and use energy, but only when it’s based in reality. So yes, technology has provided new ways of accessing hard-to-reach oil and fossil fuels, and there’s a lot of oil left in the ground. That is true.
But when cost, environmental policies and climate change are added to the equation, just because we can get at it doesn’t make it good, or right, or worth it. We can’t afford it, financially or scientifically. Let’s keep moving forward and come up with a way to stop pumping the biomass of the Jurassic into our gas tanks and power plants.