IEA official: Peak Oil is closer than we think

James S Murray
clock • 3 min read

Chief economist at International Energy Association warns oil price could soar in coming years as production falls faster than expected

One of the leading figures at the International Energy Association (IEA) has this week issued a stark warning that global oil supplies could peak far earlier than expected, resulting in soaring energy...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Politics

UN Climate Chief: Climate action can deliver stability in face of 'new world disorder'

UN Climate Chief: Climate action can deliver stability in face of 'new world disorder'

Simon Stiell stresses climate action is 'indisputably' in every nation's self-interest, as he warns those shirking leadership are gifting a 'goldmine' to rivals

Stuart Stone
clock 12 February 2026 • 4 min read
The Munich Security Conference's uncomfortable truth: Fossil fuels are now a security risk

The Munich Security Conference's uncomfortable truth: Fossil fuels are now a security risk

At Munich world leaders will talk about defence readiness, economic resilience and strategic autonomy, but energy and climate change should be understood as central to all three, writes We Mean Business Coalition CEO María Mendiluce

María Mendiluce, We Mean Business Coalition
clock 12 February 2026 • 4 min read
The Electric Economy: Creating consensus and communicating change

The Electric Economy: Creating consensus and communicating change

Chris Skidmore argues there is an opportunity to find common ground between political parties on the need for cheaper and more reliable power

Chris Skidmore
clock 02 February 2026 • 8 min read