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Peak Oil is You


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Page added on November 10, 2004

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Energy: Meeting the Soaring Demand

Consumption

The first problem with energy is that we are running short of traditional sources of supply.
The International Energy Agency says the world will need almost 60% more energy in 2030 than in 2002, and fossil fuels will still meet most of its needs.

We depend on oil for 90% of our transport, and for food, pharmaceuticals, chemicals and the entire bedrock of modern life.

But oil industry experts estimate that current reserves will only last for about 40 years.

Views vary about how much more will be found or made economically viable to use.

http://news.bbc.co.uk/2/hi/science/nature/3995135.stm



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