Abstract
The following article is the keynote presentation given as part of a 'think tank' meeting organised by the Institute's International Committee last November. The Committee's previous think tank tackled the question of the likely future for oil, and several articles have appeared in the June 1996 and subsequent issues of Energy World as a result. The consensus was that oil production would peak around the year 2030, although minority views had this peak somewhat earlier. The latest meeting looked at the ability of renewable sources of energy, and biomass in particular, to take the place of declining oil production. The main conclusions from the meeting are also recorded.
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