{"id":539764,"date":"2010-04-22T12:35:10","date_gmt":"2010-04-22T16:35:10","guid":{"rendered":"http:\/\/knowledgeproblem.com\/?p=6735"},"modified":"2010-04-22T12:35:10","modified_gmt":"2010-04-22T16:35:10","slug":"peak-oil-and-the-mainstream-economist","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/539764","title":{"rendered":"Peak oil and the mainstream economist"},"content":{"rendered":"<p><em>Michael Giberson<\/em><\/p>\n<p>Kate MacKenzie at the <em>FT Energy Source<\/em> blog asks, &#8220;<a href=\"http:\/\/blogs.ft.com\/energy-source\/2010\/04\/21\/are-policymakers-economists-and-peak-oilists-starting-to-speak-the-same-language\/\">Are policymakers, economists and  peak oilists starting to speak the same language?<\/a>&#8220;<\/p>\n<p style=\"padding-left:30px;\">A rash of papers, comments and interviews have made us think this  recently. It\u2019s not as simple as \u2018policymakers are waking up to peak  oil\u2019, but that all those groups \u2014 and indeed, industry \u2014 are  increasingly talking about the same issues looming in fossil fuel  production, even if they\u2019re using different terminology.<\/p>\n<p>Later:<\/p>\n<p style=\"padding-left:30px;\">We\u2019d venture that several things have kept talk of peak oil apart from  the mainstream: a disagreement over the <a title=\"How to talk to an  economist about peak oil\" href=\"http:\/\/www.econbrowser.com\/archives\/2005\/07\/how_to_talk_to.html\">effect  of price on demand<\/a>, and a perception that many interested in peak  oil simply predict overly dramatic, armageddon-style trajectories that  sober-minded policymakers see as overblown.<\/p>\n<p>And she concludes:<\/p>\n<p style=\"padding-left:30px;\">The debate is beginning to converge around a few central issues: how  will economies that developed on cheap, abundant oil deal cope with the  transition to expensive, scarcer oil? What will it mean for the emerging  economies hoping to emulate those growth patterns? And finally, how  will this play out in terms of pollution and climate change?<\/p>\n<p>MacKenzie&#8217;s link included above is to James Hamilton&#8217;s excellent 2005 post, &#8220;<a href=\"http:\/\/www.econbrowser.com\/archives\/2005\/07\/how_to_talk_to.html\">How to talk to an economist about peak oil<\/a>.&#8221;  Comments at Hamilton&#8217;s <em>Econobrowser <\/em> and responses at peak oil blog <em>The Oil Drum<\/em> revealed that economists and peak oilers were not communicating well in 2005.  I&#8217;m not as convinced as MacKenzie seems to be that we&#8217;re doing much better in 2010.<\/p>\n<p>Personally, I like the <a href=\"http:\/\/www.cera.com\/aspx\/cda\/client\/report\/Report.aspx?KID=5&amp;CID=10720\">undulating oil plateau<\/a>.<\/p>\n<p>  <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gocomments\/knowledgeproblem.wordpress.com\/6735\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/comments\/knowledgeproblem.wordpress.com\/6735\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godelicious\/knowledgeproblem.wordpress.com\/6735\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/delicious\/knowledgeproblem.wordpress.com\/6735\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/gostumble\/knowledgeproblem.wordpress.com\/6735\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/stumble\/knowledgeproblem.wordpress.com\/6735\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/godigg\/knowledgeproblem.wordpress.com\/6735\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/digg\/knowledgeproblem.wordpress.com\/6735\/\" \/><\/a> <a rel=\"nofollow\" href=\"http:\/\/feeds.wordpress.com\/1.0\/goreddit\/knowledgeproblem.wordpress.com\/6735\/\"><img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/feeds.wordpress.com\/1.0\/reddit\/knowledgeproblem.wordpress.com\/6735\/\" \/><\/a> <img decoding=\"async\" alt=\"\" border=\"0\" src=\"http:\/\/stats.wordpress.com\/b.gif?host=knowledgeproblem.com&#038;blog=5880275&#038;post=6735&#038;subd=knowledgeproblem&#038;ref=&#038;feed=1\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Giberson Kate MacKenzie at the FT Energy Source blog asks, &#8220;Are policymakers, economists and peak oilists starting to speak the same language?&#8220; A rash of papers, comments and interviews have made us think this recently. It\u2019s not as simple as \u2018policymakers are waking up to peak oil\u2019, but that all those groups \u2014 and [&hellip;]<\/p>\n","protected":false},"author":4109,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-539764","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/539764","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4109"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=539764"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/539764\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=539764"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=539764"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=539764"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}