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GAIA Host Collective
Do you know what Hubbert Linearization tells us about China's peak?
China's HL plot based on data since 1949 points to about 72 GB URR, so 2006 production brought it to about 48% Qt. It will pass 50% Qt sometime late this year or early next year. The prediction of 2005-06 was probably only slightly premature. 2006 production (with data through November) is likely to reach 184 million tonnes (3.68 mmbd), up 1.6%, and next year is likely to be only a bit higher. Daqing's decline is now accelerating, from 2.5% to 3.5% a year, even with recent efforts to increase recovery. It is, however, only 25% of Chinese production now, down from 40% in 1990.
Thank you for this.