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Whistleblower Claims IEA Is Downplaying Peak Oil

Yesterday the Guardian ran a story based on two anonymous sources inside the International Energy Agency who claimed that the agency had distorted key figures on oil reserves. "The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the [IEA] who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying. The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves." Today the IEA released its annual energy outlook and rejected the whistleblowers' charges. The Guardian has an editorial claiming that the economic establishment is too fearful to come clean on the reality of oil suppplies, and makes an analogy with the (marginalized, demonized) economists who warned of a coming economic collapse in 2007.

5 of 720 comments (clear)

  1. Re:Bah! by Captain+Splendid · · Score: 0, Flamebait

    You're not a nazi, are you?

    Actually, I am. Bastards get results.

    meaningful rebuttal

    Yes, let's ignore everything I said except the bit about Godwin.

    --
    Linux, you magnificent bastard, I read the fucking manual!
  2. Re:Bah! by PopeRatzo · · Score: 0, Flamebait

    You can't tell me all of that soot is a good thing.

    Sure he can, and almost certainly does on a regular basis. He'll also tell you that increasing levels of carbon in the atmosphere is a wonderful thing, sure to turn the Earth into a veritable Eden, and anyone who believes otherwise is a greedy "enviro-nazi" who's just raking in the cash from being an environmentalist, unlike the altruistic multinational oil companies who are just trying to do their Christian duty by providing us with fuel for our humvees, humbly expecting nothing in return but our gratitude.

    --
    You are welcome on my lawn.
  3. Re:Bah! by PopeRatzo · · Score: 0, Flamebait

    I would argue that Godwin hardly applies here.

    Well, to be fair, you'd also argue that the President is really a secret muslim who's not really an American citizen, that the earth was created 6000 years ago and that Sarah Palin is the greatest political thinker since Thomas Jefferson.

    You're apparent willingness to argue a point is not exactly a ringing endorsement.

    --
    You are welcome on my lawn.
  4. Re:Bah! by postbigbang · · Score: 0, Flamebait

    You're being myopic.

    Look to Chernobyl. Look to Japan (which uses the same designs as ones built in the US from Babcock & Wilcox) if you want to find the horror stories. Look at the design failures in Washington State, Three Mile Island, and Southern Indiana.

    We would agree that nuclear options are likely the best long term solution. They'd be lovely if we could find the combinations that allow safe spent nuclear fuel and contaminant disposal. No argument there.

    And you damn me by being able to compare and contrast. This is your prejudice, not mine. There are more options on the table. You believe that because I claim to be an environmentalist that somehow I can't evaluate. I have. Solar's wonderful but currently expensive. Wind power is useful be requires some work. Hydro is great if you don't kill estuaries and fish (and many kill neither).

    Your seeming ease at blind prejudice proves nothing, except that you aren't willing to consider consequences.

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    ---- Teach Peace. It's Cheaper Than War.
  5. Re:Bah! by OeLeWaPpErKe · · Score: 0, Flamebait

    And yes Americans will fight in hand-to-hand combat using their hunting rifles if that's what it takes. As Churchill said in the last war: "We shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender."

    Funny thing, Churchill said that in Europe. You should visit a major European city and see how well they're defending, both their own (I mean physically) and their own values. Even Churchill's own London. But France, and specifically Paris. Some days you would say it's under siege (you see the flames burning every night in a whole lot of cities).

    I hope you're right, that in the US it's not happening everywhere like in Europe.

    I seriously doubt Obama will *let* Americans fight though, he'll set the army on the people defending themselves, not on the enemy. At least if the choice is between pretending nothing's wrong while people die and being politically incorrect.

    Anyone spotted him at Fort Hood yet ? No ? Oh but at the celebration of the fall of the Berlin wall then ? No again ? At the remembrance of the ardens offensive then ? No ?

    He did, of course, defend, even praise, the "tolerant" lack of judgement and general idiocy that made the army ignore all warning signs for the Fort Hood massacre though. But don't worry, Obama's made sure that we'll see more of that tolerance. You know that tolerance that lead to at least 13 corpses.

    And if you think it's unfair that shooting is caused by islam, blame the shooter. He FIRST shouted "allahu akbar", then started killing randomly.

    Not that there's any doubt all "progressives" will punish me for saying this. It's funny how people who are supposedly comitted to destroying dogma do that. You know, when it violates their dogma.

    Our president loves political correctness more than he loves life. Too many Americans "secretly" (ahem) hate our military and in fact support the killing.

    --
    "muslims love death more than you love life, and that's why we will win"
    Major Nidal Hasan - 2007, Walter Reed Hospital. He was making a presentation about how muslim soldiers in the American military must not be forced to fight other muslims. He included the reason : if they didn't "adverse events would happen" (his words, not mine)

    Salient detail : this is a quote that was originally made by the (paedophilic thief and massmurderer) muslim prophet muhammad, in a letter to the emperor of the eastern roman empire. Whatever your beliefs are, in this specific comment, history would prove him right.