Is “Peak Oil” a reality and what does it mean for economic growth?

Friday, June 12, 2009 by Mats Larsson
The Peak Oil debate is based on a set of analyses of oil supply and the development of new discoveries. In the case of declining supplies, we will need to understand the many implications of this for future economic growth.
Yes, we will find oil in the future, too. But declining volumes over the past 30 years indicate that this development of declining discoveries will continue in spite of increasing prices.
We need planned and managed change projects in order to reduce our dependence on oil. This is what Global Energy Transformation is all about.

The Peak Oil debate is based on a set of analyses of oil supply and the development of new discoveries. In the case of declining supplies, we will need to understand the many implications of this for future economic growth.

Yes, we will find oil in the future, too. But declining volumes over the past 30 years indicate that this development of declining discoveries will continue in spite of increasing prices.

We need planned and managed change projects in order to reduce our dependence on oil. This is what Global Energy Transformation is all about.

Friday, June 12, 2009 by Mats Larsson