I think phevs are perhaps the best long term option and it seems to me that concerns about stressing current grid capacity are obstacles which can be overcome. Various distributed power solutions from a variety of inputs will ramp up as demand increases. Photovoltaics are coming down the cost curve, wind is already competitive and nuclear must be part of the long term mix. We must avoid coal plants unless carbon sequestration becomes feasible.
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Hubbert certainly wasn't wrong about US peak oil production, it's been declining since 1970