In 1979, a low budget Australian film titled Mad Max was released that went on to become a global smash hit and make a star of its lead actor Mel Gibson. Its premise, brought vividly to life in the two sequels that followed, was of a dystopian world where oil has all but run out, causing economic and societal breakdown.
Whilst we are a long way from running out of oil, it is a self-evident truth that oil is a finite resource and will eventually become exhausted. ‘Peak oil’ refers to...
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