george monbiot one of the chief chicken littles is in despair because his dream of $20/liter oil is not coming true. There is lots of oil and natural gas. Indeed yje environmentalist try to stop progress at every turn and they can't/ We will learn to use these carbon fuels over the next centuries as we have since the industrial revolution. The chicken littles keep predicting the end of the world. They are always wrong and fewer and fewer people are paying attention. The facts have changed, now we must change too. For the past 10 years an unlikey coalition of geologists, oil drillers, bankers, military strategists and environmentalists has been warning that peak oil – the decline of global supplies – is just around the corner. We had some strong reasons for doing so: production had slowed, the price had risen sharply, depletion was widespread and appeared to be escalating. The first of the great resource crunches seemed about to strike. Among environmentalists it was never clear, even to ourselves, whether or not we wanted it to happen. It had the potential both to shock the world into economic transformation, averting future catastrophes and to generate catastrophes of its own, including a shift into even more damaging technologies, such as biofuels and petrol made from coal. Even so, peak oil was a powerful lever. Governments, businesses and voters who seemed impervious to the moral case for cutting the use of fossil fuels might, we hoped, respond to the economic case.