If every prediction spewed forth by greenist and leftists were true we would have no oil and 50 billion people on the planet or so.Oh, we'll get to that point, berend: it's just a matter of when. Oil is a finite resource and I don't see any downward trend in consumption, do you?
E.F. Schumacher wrote a book about it: Small is Beautiful - A Study of Economics as if People Mattered (1973).