17 April 2008 - Now that the price of a barrel of oil has topped $115, the words "peak oil" can be found just about anywhere -- including in the headline of an April 16 Financial Times editorial.
But "Preparing for the age of peak oil" offers little in the way of advice for how civilization might face up to a carbon-constrained future through such measures as conservation or energy efficiency or alternative energy technologies. Instead, the editorial recommends that Russia, which recently shocked the world by acknowledging that its domestic oil production appears to have peaked, should disavow its cold shoulder to foreign oil companies and cut domestic taxes holding back the oil industry: More >>>
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