Peak Oil
Peak oil. Betcha never heard of it, but it could be the most serious problem facing the lifestyle we have all grown accustomed to. Peak oil will be reached when we have extracted more oil from the earth than there is left. Then we start on the downhill slope, with oil production then falling by 2% or so a year. Some experts think we are only a few years away from peak. With global demand rising at about 2-3% per year you can see the problem. Oil will probably run out in your lifetime.
It's been 150 years or so since oil was first commercially available. Think of the advances in technology that have occured in that time thanks to oil. The population of the planet has risen six-fold in that time on the back of new industries oil made possible. It will all end; though on a positive note the production of greenhouse gasses will decline rapidly.
This article from The Guardian should fill you in on the peak oil facts.
The end of oil is closer than you think
Oil production could peak next year, reports John Vidal. Just kiss your lifestyle goodbye
It's been 150 years or so since oil was first commercially available. Think of the advances in technology that have occured in that time thanks to oil. The population of the planet has risen six-fold in that time on the back of new industries oil made possible. It will all end; though on a positive note the production of greenhouse gasses will decline rapidly.
This article from The Guardian should fill you in on the peak oil facts.
The end of oil is closer than you think
Oil production could peak next year, reports John Vidal. Just kiss your lifestyle goodbye
posted by phylos @ 16:50
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