from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. Plural form of peakist.
Sorry, no etymologies found.
Some oil analysts working from their best estimate of how much oil remains in the ground-dubbed "peakists" - see world production reaching its limits in the next few years or a decade and then declining.
The point is, it is not just the "peakists" who think we have a big, big problem.
"Conceptually the battle is over, the peakists have won," declared Dr. James Schlesinger in his opening remarks at the 2007 ASPO-Ireland Peak Oil Conference last September.
The results weren't really news to the peakists, for they matched up quite well with the models of Colin Campbell, Jean Laherrère and other analysts who have warned about peak oil since 1995.
The peakists argue that the world will soon reach maximum-possible oil production, and may have already, after which humanity will begin a slow but sure descent into bedlam and bankruptcy.
- pdf: The bad news is that no combination of technologies can plug the energy gap if the peakists are correct.
"plateau" oil, a subtle variation on the theme that suggests production, having reached 95 million barrels a day, will remain at that level for some time in spite of every effort to squeeze more from Earth's desiccated bowels (the peakists think production will fall relentlessly after reaching a peak, which may come well before 95 million).