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| Formation | 1 June 2001; 24 years ago (2001-06-01) |
|---|---|
| Dissolved | Ceased publishing March 30, 2012 (2012-03-30); Archives available |
| Type | INGO |
| Purpose | To raise international public awareness and promote better understanding of the world's oil-depletion problem |
| Headquarters | London |
Region served | Worldwide |
Director | Jim Meyer |
Parent organisation | New Economics Foundation |
TheOil Depletion Analysis Centre (ODAC) is an independent,UK-registered educational charity. The centre is working to raise international public awareness and promote better understanding of the world'soil depletion andpeak oil problem. It is based in London and belongs to theNew Economics Foundation.
ODAC was founded in June 2001 on the belief that an informed publicdebate about the likely impacts of depletingoil supplies is critically needed. A growing number of experts now predict that world oil production has peaked or will reach its physical peak within the coming decade and then start to permanently decline. The prevailing view of mostenergy policy-makers and institutions is that near-term oil supply is mainly aneconomic andgeopolitical concern. Under almost any scenario, however, lead time is running short for a smooth transition to new energy systems and a less oil-dependent way of life.
On 30 March 2012, the activities of the Oil Depletion Analysis Centre (ODAC) were taken over by its parent organisation, theNew Economics Foundation (NEF).
The organisation was founded bySarah Astor andDr. Colin Campbell. In his bookOil Crisis Campbell explains that theAstor family wanted to establish and provide funds for an institute to raise awareness on this issue of oil depletion and peak oil.[1] The first director was Dr. Roger Bentley.
In 2004, ODAC sponsoredChris Skrebowski's report, called "Oil Field Megaprojects", which analysed data from 68 oil production projects.[2]
In November 2005, ODAC published a report after conducting a survey led by Chris Skrebowski, which concluded that oil supply will not meet demand by 2007 or 2008.[3]
In June 2007, a report authored by Colin Campbell predicted that peak oil would occur within four years.[4]
David Strahan is an investigative journalist and documentary filmmaker, with many years experience of popularising some of the most difficult and important stories in business and science. He quit theBBC to spend two years researching and writingThe Last Oil Shock: A Survival Guide to the Imminent Extinction of Petroleum Man, published byJohn Murray in April 2007 (pbkISBN 0719564247).[5]
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