Ghana: Upper East region, Bolgatanga on preparing for a peak oil stage

The economy of most countries in the 20th century was built on oil. For some, oil brought unprecedented wealth and power. For others it brought repression and new forms of economic colonialism. Few oil producing countries have used their wealth wisely. But in many countries oil has been a curse. But in the 21st century, we can see that our continued dependency on oil threatens the future of all of us, both rich and poor. As supplies fall further behind demand, the world faces economic crisis and western countries are scrambling to secure their access to the last reserves.

The continued burning of fossil fuel presents another greater threat of climate change. There is a great possibility of inducing a catastrophic and permanent shift in our global climate if we burn the remaining reserves of oil. The substitution of oil with gas is a short term climate change control strategy making us more dependent on the oil producing nations. An energy transition away from oil is not just an option but inevitable since it is an indisputable fact that oil is a finite resource.

The Millennium Development Goals (MDG