
— June - July 2010
’ when global oil supplies will
start to decline. I do know that another resource
has already peaked and gone into freefall: the
credibility of the body that’s meant to assess
them. In late , whistleblowers from the
International Energy Agency alleged that the
IEA had deliberately upgraded its estimate of
the world’s oil supplies in order not to frighten
the markets. A paper published by research-
ers at Uppsala University in Sweden shows that
the IEA’s forecasts must be wrong, because it
assumes a rate of extraction that appears to
be impossible. The agency’s assessment of the
state of global oil supplies is beginning to look
as reliable as Mr Greenspan’s blandishments
about the health of the financial markets.
If the whistleblowers are right, we should be
stockpiling ammunition. If we are taken by sur-
prise; if we have failed to replace oil before the
supply peaks then crashes, the global economy
is stuffed. But nothing the whistleblowers said
has scared me as much as the conversation I
recently had with a Pembrokeshire farmer.
Wynn Evans, who runs a mixed farm of
acres, has been trying to reduce his dependency
on fossil fuels since . He has installed an
anaerobic digester, a wind turbine, solar pan-
els and a ground-sourced heat pump. He has
sought, wherever possible, to replace diesel
with his own electricity. Instead of using his
tractor to spread slurry, he pumps it from the
digester onto nearby fields. He’s replaced his
tractor-driven irrigation system with an elec-
tric one, and set up a new system for drying hay
indoors, which means he has to turn it in the
field only once. Whatever else he does is likely
to produce smaller savings. But these innova-
tions have reduced his use of diesel by only
around %.
According to farm scientists at Cornell
University, cultivating one hectare of maize in
the United States requires litres of petrol and
litres of diesel. The amazing productivity of
modern farm labour has been purchased at the
cost of a dependency on oil. Unless farmers can
change the way maize is grown, a permanent
oil shock would price food out of the mouths
of many of the world’s people. Any responsible
government would be asking urgent questions
about how long we have got.
Instead, most of them delegate this job to
the International Energy Agency. I’ve been
bellyaching, for the past two years, about the
British Government’s refusal to make contin-
gency plans for the possibility that oil might
peak by , and I’m beginning to feel like
a madman with a sandwich board. Perhaps I
am, but how lucky do you feel? The new World
Energy Outlook recently published by the IEA
expects the global demand for oil to rise from
m barrels a day in to m in .
Oil production will rise to m barrels, it says,
and biofuels will make up the shortfall. If we
want the oil, it will materialise.
The IEA does caution that conventional oil is
likely to “approach a pla-
teau” towards the end of
this period, but there’s no
hint of the graver warning
that the IEA’s chief econo-
mist issued when I inter-
viewed him last year: “we
still expect that it will
come around to
a plateau … I think time
is not on our side here.”
Almost every year, the
agency has been forced
to downgrade its forecast
for the daily supply of oil
in : from m bar-
rels in , to m in
, m in ,
m in and m
in . But according to
one of the whistleblowers,
“even today’s number is much higher than can
be justified and the IEA knows this.”
The Uppsala Report, published in the jour-
nal Energy Policy, anticipates that maximum
global production of all kinds of oil in will
be m barrels per day. Analysing the IEA’s fig-
ures, it finds that to meet its forecasts for sup-
ply, the world’s new and undiscovered oil fields
would have to be developed at a rate “never
before seen in history.” As many of them are in
Save Farming
Food supplies are at risk from over
dependence on oil
george monbiot
phOtOs: getty iMages
“even if a field the size of all
the oil reserves ever struck
in the USA were miraculously
discovered, it would delay the
date of peaking by only four
years.”
Monbiot