[niky]

I don't think that there is any doubt that we're at or slightly past peak Arabian oil. That said, global supply looks like it will suffice for quite a few decades yet, due to weak demand. The issue is how to stabilize prices so that less economic sources can be successfully tapped in the long term.

I also think that there is no doubt that the climate is changing. The big question is the balance of factors involved and whether we can actually practice effective geoengineering. Personally, the obsession with CO2 is a dangerous diversion from things that we can actually do to better the situation.