Questioning the peak oil mantra can always be guaranteed to get someone in a lather. Steven commented on my blog (26 November) that the success rate of economists on the subject of resource depletion isn’t too good.
Well, actually it is.
As another commenter Steve W noted (24 November), Julian Simon handsomely won his bet with doomsayer Paul Erhlich that the prices of a basket of resources would fall rather than rise in real terms.
Interestingly, another respondent sent me this article by Lord Kelvin written in 1902.
Kelvin writes:
Coal is king of the industrial world. The king’s reign is limited. Sooner or later, it has been estimated that the world’s supply of coal will have been exhausted.
He goes on:
The enormous amount of coal required to run our great ocean steamships, our leviathans of the deep, and the innumerable factories of our cities is making such inroads upon…
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Utopia, you are standing in it! 
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