Tuesday, November 10, 2009

'We Have Already Entered Peak Oil', IEA Source Reportedly Claims

Holy Peak Oil, Batman!  If we needed any more impetus to get sweeping clean energy and transport legislation passed through Congress ASAP -- and solve climate change disruption in the process -- here it is:

Two International Energy Agency whistleblowers have come forward with startling claims about the world's supply of crude oil, according to a report published Tuesday.

"We have [already] entered the 'peak oil' zone," an unnamed former IEA official told British newspaper The Guardian. "I think that the situation is really bad."

A second whistleblower reportedly claimed that the IEA's current figures are inflated due to pressure from the United States and a pervasive fear that the announcement of falling oil output in the future could cause markets to respond with panic.

The claims come on the same day the IEA plans to publish its annual "World Energy Outlook" report for 2009.

It's getting to the point where Congress either has to show some serious 'balls' or be ready to be held big-time accountable if we fail to prepare ourselves for the coming Peak Oil crisis -- which will not be pretty.

The good news, which we repeat time and again here at CV Notes, is that the clean tech revolution-rooted solutions to Peak Oil, like the solutions to climate disruption, are exactly what the doctor ordered for our economy, our security, our public health, and overall quality of life.

Read more>>

No comments:

Post a Comment