Report: Oil reserves less than estimated
Paging T. Boone Pickens, paging T. Boone Pickens...[Faith] Birol told The Independent that the public and many governments are ignoring reports that the oil is running out faster than predicted. Birol said global production likely will peak in about a decade, 10 years sooner than most governments have estimated.
In an assessment of more than 800 oil fields in the world, Birol found most of the biggest fields already have peaked, and the rate of decline in oil production is running at nearly twice the pace calculated just two years ago, the newspaper said.
Seriously... with climate change a problem because of rising CO2 in the atmosphere, and with oil reserves bound to get drawn down within a couple of decades, isn't it time to globally get serious about alternatives: nuclear (of course), wind, solar? C'mon, this isn't hard to figure out!
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