Worried about the future? Then don't peek!

authordefault
on

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.

The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 – much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 a barrel.

Related Posts

on

Parliamentary candidate Noel Matthews, who has sacked candidates accused of supporting far-right figures, previously defended the EDL founder.

Parliamentary candidate Noel Matthews, who has sacked candidates accused of supporting far-right figures, previously defended the EDL founder.
on

Lord Agnew is a shareholder in Equinor, the Norwegian oil and gas firm behind the ‘carbon bomb’ Rosebank oil field.

Lord Agnew is a shareholder in Equinor, the Norwegian oil and gas firm behind the ‘carbon bomb’ Rosebank oil field.
on

Legal challenges could delay the EPA’s ability to enact the measures, which coincide with Louisiana activists' fight against projects poised to increase air pollution.

Legal challenges could delay the EPA’s ability to enact the measures, which coincide with Louisiana activists' fight against projects poised to increase air pollution.
on

Experts say the case has set a vital “blueprint” for holding governments to account over climate change.

Experts say the case has set a vital “blueprint” for holding governments to account over climate change.