Welcome to Foresight For Development

Post-oil

Insight into the Post-oil Futures

 

Duncan Clarke - Chairman & CEO of Global Pacific & Partners

"The future cannot be glimpsed simply by assuming a now-fixed and narrowly conceived finite quantum of restrictively-defined geological bounty, placed in a model found to be static and wanting, and then imposed with inflexibility on a complex oil world depicted as lacking societal adaptation."

"So in future Africa will unlock a vast resource base of natural capital – probably imperfectly – and it will grow as a source of global supply in oil, gas, LNG, GTL, shale gas, shale oil, coal, CBM, uranium, and a range of “future fuels”. The oil/gas and energy industry in Africa will be larger at the end of 21st Century than it is now."
 

Matthew Hulbert - Lead Analyst at European Energy Review and consultant to a number of governments & institutional investors.

“The question for East Africa isn’t whether oil will be pumped and gas condensed, but who will be the main market players doing it between East and West. The really bad news for the ‘peak oil faithful’ is that commodity prices might not become more expensive in future. High benchmark prices today, continue to drive investment into technological innovation for cheaper extraction tomorrow."
 

Matthew Roy Simmons - was the founder and chairman emeritus of Simmons & Company International.

“Ocean energy, on the other hand, could actually be very surprising. Liquid ammonia created by warm seawater could turn out to be a surprisingly fast replacement, and a high-quality replacement for motor gasoline."

"The consumption of a finite resource is simply a finite venture and the faster we use the quicker it peaks."
 

Dr Fatih Birol - Chief economist at the International Energy Agency

“We are on the brink of a new energy order. Over the next few decades, our reserves of oil will start to run out and it is imperative that governments in both producing and consuming nations prepare now for that time. We should not cling to crude down to the last drop – we should leave oil before it leaves us. That means new approaches must be found soon..... The really important thing is that even though we are not yet running out of oil, we are running out of time."
 

Sir Richard Branson - British business magnate and investor.

“Governments need to urgently, urgently wake up,"

"If somebody had been able to warn the world five years before the credit crunch, the credit crunch could have been avoided. The same thing could be said for the oil crunch,"

"We have to move from coal and oil to gas and nuclear. We need to move our cars from oil-consuming cars to electric cars and clean-fuel cars."
 

Jeremy Leggett - Entrepreneur & writer on the energy crisis & climate change.

“A premature topping point in global oil production would wipe out economic plans currently on offer in boardrooms and finance ministries around the world. This is because such plans assume growing supplies of affordable oil for several decades to come."
 

Dave O’Reilly - CEO, Chevron

" Energy will be one of the defining issues of this century. One thing is clear: the era of easy oil is over. What we all do next will determine how well we meet the energy needs of the entire world in this century and beyond.” “It took us 125 years to use the first trillion barrels of oil. We’ll use the next trillion in 30."
 

Professor Chris Rhodes - Writer and researcher

“If we can’t address the problem from the supply side we have to curb our demand. In the absence of cheap and widely accessible transport we will need to produce far more of our food and materials at the local level. Such a metamorphosis of human civilization from the global to the local, will be underpinned by building strong, resilient communities in which people share their skills and knowledge, to provide as much as possible at the local, grass-roots level. This is the underpinning philosophy of the growing network of Transition Towns. Frightening though all of this is, we may evolve into a happier and more fulfilling state of living than a perceived status quo, that in truth is all too rapidly running through our fingers."

 

Catholic Bishops of Congo - Brazzaville, 2002

"Thus oil will be a fuel, not for death, debt, violence, dictatorship, and civil war, but for the progress and well being of Congolese and Africans."
 

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