by Jerome a Paris
Mon Nov 6th, 2006 at 04:35:07 AM EST
Some of the most explicit words on the topic from the well respected CEO of Total, Thierry Desmarest from a few days ago (Le Monde dated 31 October, already behind sub. wall):
| Le problème de l'épuisement des réserves d'hydrocarbures devient crucial. Les plus pessimistes parlent d'un pic de production dès 2010. Quelle est votre analyse de la situation ? | | Q: The issue of hydrocarbon reserve depletion is becoming crucial. The most pessimistic talk of a prodcution peak as early as 2010. What's your analysis on this? |
| Les géologues de Total ne croient pas au scénario de l'Agence internationale de l'énergie [AIE], qui prévoit que la production mondiale de brut passera de 85 millions de barils par jour en 2006 à 120 millions de barils en 2030. (...) | | TD: Total geologists do not believe the scenario of the International Energy Agency whereby oil productino will increase from 85mb/d in 2006 to 120 mb/d in 2030. (...) |
| Nous pensons que le pic ne sera pas atteint à 120 millions de barils mais plutôt entre 100 et 110 millions. Il faut donc commencer dès maintenant à calmer la demande. Si elle progresse de 2 % par an, on risque d'atteindre le fameux "peak oil" vers 2020 ; si elle est de l'ordre de 1 %, on a dix ans de plus devant nous. Ce délai est important pour préparer la transition et développer des énergies de substitution à l'échelle industrielle. | | We think that the peak will not be reached at 120 mb/d but rather between 100 and 110 md/d. We have to start right now to slow demand down. If demand grows by 2% per annum, we'll reach the peak by 2020, if it grows by 1%, we'll have 10 more years in front of us. Such a delay is important to prepare a transition and develop substitute energy sources on an industrial scale. |
Even if you do not think that he has an optimistic take, the message is absolutely clear: we have to cut demand and work on substitutes RIGHT NOW. How is this not the biggest issue of the day? Every day?