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The end of Peak Oil? Why this topic is still relevant despite recent denials

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  • Chapman, Ian
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    Up until recently Peak Oil was a major discussion point crossing from academic research into mainstream journalism, yet it now attracts far less interest. This paper evaluates the reasons for this and on-going relevance of Peak Oil, considering variations in predictive dates for the phenomenon supported by technological, economic and political issues. Using data from agencies, the validity of each position is assessed looking at reserves, industrial developments and alternative fuels. The complicating issue of demand is also considered.

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    File URL: http://www.sciencedirect.com/science/article/pii/S030142151300342X
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    Article provided by Elsevier in its journal Energy Policy.

    Volume (Year): 64 (2014)
    Issue (Month): C ()
    Pages: 93-101

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    Handle: RePEc:eee:enepol:v:64:y:2014:i:c:p:93-101
    DOI: 10.1016/j.enpol.2013.05.010
    Contact details of provider: Web page: http://www.elsevier.com/locate/enpol

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    6. DuMoulin, Hans & Eyre, John, 1979. "Energy scenarios a learning process," Energy Economics, Elsevier, vol. 1(2), pages 76-86, April.
    7. Demirbas, Ayhan, 2009. "Political, economic and environmental impacts of biofuels: A review," Applied Energy, Elsevier, vol. 86(Supplemen), pages 108-117, November.
    8. Höök, Mikael & Hirsch, Robert & Aleklett, Kjell, 2009. "Giant oil field decline rates and their influence on world oil production," Energy Policy, Elsevier, vol. 37(6), pages 2262-2272, June.
    9. Maggio, G. & Cacciola, G., 2009. "A variant of the Hubbert curve for world oil production forecasts," Energy Policy, Elsevier, vol. 37(11), pages 4761-4770, November.
    10. Laurel Graef, 2009. "The peak oil debate," Economic Review, Federal Reserve Bank of Atlanta, pages 1-14.
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    12. Bentley, R.W. & Mannan, S.A. & Wheeler, S.J., 2007. "Assessing the date of the global oil peak: The need to use 2P reserves," Energy Policy, Elsevier, vol. 35(12), pages 6364-6382, December.
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