Interview with Colin Campbell

Photojournalist Neil Jackson has recently conducted an interview with Dr. Colin Campbell, founder and Honorary Chairman of the Association for the Study of Peak Oil and Gas (ASPO). The interview is reproduced here in full.

Neil Jackson: Why is peak oil important?

Colin Campbell: Peak Oil is a turning point for mankind. It is a big subject.

In short, the population only doubled over the first 17 centuries of the last millennium. But then came coal followed by oil and gas, and the population increased six-fold. These new energy sources, especially oil, the easiest, allowed the rapid expansion of industry, transport, trade and agriculture allowing the economy to expand greatly. It was accompanied by the growth of financial capital as banks lent more than they had on deposit, confident that Tomorrow’s Expansion was collateral for Today’s Debt.

The Oil Drum