This is a more intelligent way of stating something I've been saying for years. I always explain my position on peak oil by offering an analogy of a fire escape. If the owner of a building chose not to install a fire escape (assuming they could dodge the law), then a fire in the building would be absolutely disastrous; the law would certainly come down on them for anyone who died, and there would major financial ramifications. On the other hand, if they installed a fire escape but it was never used, then the only downside would have been the initial installation cost. Between these two worst-case scenarios, one is so significantly worse than the other that taking steps to mitigate that risk is the logical thing to do, without regard to the likelihood of worst worst-case happening.
Doing nothing with respect to peak oil feels utterly insane.