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Monday, 22 March 2010 |
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Lord Hunt, the energy minister, is to meet industrialists in London tomorrow in a bid to calm mounting fears about the disruption that could follow a sudden shortage of oil supplies. In a significant policy shift, the government has agreed to undertake more work on whether the UK needs to take action to avoid the massive dislocation that could be caused by the early onset of "peak oil" – the point that marks the start of terminal decline in global oil production. Read more
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Thursday, 11 February 2010 |
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Bad news for energy consumers continues to come thick and fast. Bills have more than doubled in the past six years, and could rise a further 25 per cent in the next decade according to a wide-ranging report published yesterday by Ofgem. But even more worrying was the watchdog's analysis of Britain's energy security – or lack of it. Without decisive action, warns Ofgem, there could soon be times when energy is not just expensive but unavailable at any price. Read more
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Thursday, 11 February 2010 |
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Sir Richard Branson and fellow leading businessmen will warn ministers this week that the world is running out of oil and faces an oil crunch within five years. The founder of the Virgin group, whose rail, airline and travel companies are sensitive to energy prices, will say that the coming crisis could be even more serious than the credit crunch. Read more
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Sunday, 04 October 2009 |
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A recently conducted survey of members of the global ‘Peak Oil Community’ has revealed wide-ranging negative expectations for the world in the twenty first century but also optimism on an individual basis. ‘The Global Peak Oil Survey 2009’, carried out by the UK focused peak oil group Powerswitch, consisted of 150 questions on the most controversial areas of discussion around peak oil. |
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Read more...
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Sunday, 27 September 2009 |
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From May to September 2009, PowerSwitch conducted the 'Global Peak Oil Survey 2009'. The initial results are now available to view. Click here to read the Global Peak Oil Survey 2009 results here |
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