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David Yergin, author of The Prize: The Epic Quest for Oil, Money & Power, is once again coming out against proponents of Peak Oil. According to Yergin, demand and potential profits will always trump theoretically dwindling resources. He offers examples showing that we are "remarkably successful" at tapping into vast quantities of unconventional gas and oil, from subsalts in Brazil to the oil sands of Alberta. And what about moving to renewables? His new book uses the global failure to adequately address climate change as proof of our inability to abandon fossil fuels. Is he right? Is Peak Oil a myth?
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