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Climate Change

That was an interesting intervention. The idea of a peak oil moment in the resources industry is an old chestnut that has been around for at least 50 years. Anybody minded to give the idea houseroom could do no better than read the outstanding paper that was written only a few months ago by Professor Peter Davies of BP in which that theory is decisively scotched—of course, it is complete nonsense. On current knowledge, acting swiftly to reduce carbon emissions across the world could be as economically imprudent as it would certainly be morally reprehensible.