Preparing for Peak Oil

Thanks to AlterNet for publishing the transcript of a speech by Richard Heinberg to the California Leaders Roundtable Dialogue on Peak Oil. He cites this quote from a report by Robert Hirsch prepared for the U.S. Department of Engergy:

The problems associated with world oil production peaking will not be temporary, and past "energy crisis" experience will provide relatively little guidance. The challenge of oil peaking deserves immediate, serious attention, if risks are to be fully understood and mitigation begun on a timely basis. Mitigation will require a minimum of a decade of intense, expensive effort, because the scale of liquid fuels mitigation is inherently extremely large. Intervention by governments will be required, because the economic and social implications of oil peaking would otherwise be chaotic.

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