Daniel Yergin discusses the peak oil that hasn’t yet arrived.
Just in the years 2007 to 2009, for every barrel of oil produced in the world, 1.6 barrels of new reserves were added. And other developments – from more efficient cars and advances in batteries, to shale gas and wind pwoer – have provided reasons for greater confidence in our energy resilency. Yet the fear of peak oil maintains its powerful grip.
Especially in Boulder.