Energy security increasingly becomes an issue in the face of rising worldwide energy demand and dwindling resources. Threats to energy security are seen in political instabilities of resource exporting countries, decreasing reserves, geostrategic and geopolitical factors and the structure of the...

The paper at hand presents results of a model-based scenario analysis on the economic implications in the next decade of an oil peak today and significantly decreasing oil production in the coming years. For that the extraction paths of oil and other fossil fuels given in LBST (2010) are...