Page added on September 12, 2005
2007: Solving Peak Oil — Meridian International Research Publishes Their Latest Report Presenting the Technical and Strategy Solutions to “Peak Oil”
Global Oil Production is reaching a plateau and within a few years it will start to decline, while demand from five sixths of the world is still rising. A third of the world’s oil now comes from declining oil fields. Measures must be implemented to reduce Global Oil Consumption. The report “2007: Solving Peak Oil” presents the technical and policy solutions required to meet the challenge of Peak Oil.
This report “2007: Solving Peak Oil” fills that gap. It focuses on the answers to Solving Peak Oil.
“2007: Solving Peak Oil” explains how known, tried and tested and cost effective technologies can be implemented quickly to reduce oil consumption in step with falling oil supply and maintain security of global transport without major disruption to society.
That Peak Oil is real and imminent is now beyond doubt. Action must be taken to reduce Global Oil Dependence. By 2010, Oil Production will have fallen to 82Mb/d from some 85Mb/d at present. By 2020 it will have fallen further to 65Mb/d. Half of global oil consumption is used by the transportation sector and the majority of that by Road Transport.
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