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What is the latest research on peak oil and its likely social and economic effects

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WRITTEN QUESTION TO THE MINISTER FOR PLANNING AND ENVIRONMENT BY THE DEPUTY OF ST. MARY

ANSWER TO BE TABLED ON MONDAY 19th JULY 2010

Question

Further to his answer to written question 5517 on 6th July 2010, would the Minister confirm that the report, when published, will include the latest research/findings/consensus on peak oil and its likely social and economic effects and that it will give references to the documents and reports it cites?

Answer

In responding to the Deputy 's adopted amendment to the Strategic Plan requesting an annual report on Peak Oil and Climate Change the Council of Ministers were clear that what was being requested was an action arising from the strategic aim of implementing an Energy Policy as included in the Plan under Priority 13

As I indicated in my answer to Question 5517 progress against the Energy Policy for Jersey will be reviewed and reported on annually. The Council of Ministers were clear that any work to evaluate the use and cost of oil within the economy will be part of that Policy and monitoring would be at a level commensurate with existing resources within the work currently planned for the Energy Policy.

The report I produce will be fit for purpose. It will not be an academic study but will include references to source material where appropriate. Issues such as peak oil and climate change adaptation strategies have to be addressed at a wider scale than just Jersey and membership of institutions such as the British Irish council (BIC) are vital for an informed approach. By reflecting the best practice and information collated and acted upon by larger and relevant jurisdictions Jersey can not only fulfil its international obligations but also be part of larger conversations over strategic issues. Jersey can also benefit from the ongoing work carried out in these jurisdictions which reflects the critical mass of expertise and resources available to them relative to their populations and size of government.