[natedogg]

This is the only part that makes no sense to me:

Intervention by governments will be required

First, their agenda becomes suspect to me when they use this sobering report to agitate for more extensive government intervention. Like govt isn't intervening ENOUGH in energy policy? My god.

Second, I couldn't disagree more with their pronouncement. It is NOT required that govt intervene. Markets will solve this much faster and more efficiently.

If you think Chevron et. al. aren't already planning for peak oil, you don't know what you're talking about.

natedogg