Prospect - When Will the Oil Run Out and What Happens Then?

Prospect hosts a debate between Jeremy Leggett (CEO of Solarcentury) and David Jenkins (former adviser to BP).

You may have to register to view this article. Here's a flavour of Leggett's opening salvo:

If there are 2-2.7 trillion barrels left, the topping-out point lies somewhere in the 2030s and we have time to prepare. If there are 1 trillion barrels left, the topping-out point is as close as 2008, plus or minus two years, and there is not enough time to make the transition from oil to alternatives without economic trauma.