Act now on peak oil or curtail mobility, says Commission

Act now on peak oil or curtail mobility, says Commission

www.euractiv.com

The European Commission's director-general for transport and mobility policy has warned at a conference on peak oil that it would be a "fatal mistake" for the EU to postpone measures to reduce oil dependency.
"If action is delayed, in the not-too-distant future we may be forced to drastically reduce all our mobility and import technological solutions from other part of the world," Marjeta Jager told a Green Party conference in the European Parliament.....

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This has been speculated for a long time, but now even officials are admitting it happened. I personally estimated that oil reserves reached peak in 2007, guess I was right. Thou sometimes you hate to be right...
Anyways please don't panic just live your life as you used to and watch society slowly decline.


www.euractiv.com
(visit the link for the full news article)

reply to post by SpeDeZo


Some say "peak oil" is a myth to control prices..
There's still plenty of oil in untapped wells...

Whether peak oil is true or not the sheer price of oil should be enough to motivate an investment in building infrastructures for alternative energies.

Originally posted by backinblack
reply to post by SpeDeZo

 

Some say "peak oil" is a myth to control prices..
There's still plenty of oil in untapped wells...

Yeah I am one of those , scarcity creates demand, demand creates higher prices .If only they would stop throwing the people who come up with alternitives in the harbour with concrete boots .

Thats not the title of the article.

The actual title is: Act now on peak oil or curtail mobility, says Commission

Nowhere in the article does the EU say peak oil has been reached. The IEA says it, but not the EU.

reply to post by MikeboydUS


Well, if you would do little more research you would unerstand that Marjeta Jager, who is EU's director-general for transport and mobility policy said "If action is delayed, in the not-too-distant future we may be forced to drastically reduce all our mobility and import technological solutions from other part of the world"
Which basically means that they admit the problem.
You have to read through all that political bull#... And earlier EU's energy Director-general said that too...
Link

reply to post by SpeDeZo


They admit a potential problem, which is different then outright declaring it.

By using a false title, you are misleading people to think the EU has outright declared it, which is not the case.

reply to post by MikeboydUS
[more
argh read the title...."Act now on peak oil or curtail mobility, says Commission"
You are never going hear from any government from it directly like "People, peak oil has been reached!". It would cause outright panick and make oil prise rise sharply on the market.
Apparently problem is so grave that even US pressured IEA to publish false figures (use google).
Besides if Member of European Commision states that, you can say they acknowledge the proble, thus they are sure about it.

reply to post by backinblack


WHO says it's a myth and what evidence do they have?

Just wondering.

Using your logic, would that make the Hubbert Curve a myth? Peak Oil is not that new of a concept.

I'm leary of any singular nation/governmental body making such a declaration. In order to be certain of such a claim they would not only need to know the current yields and reserve levels of their own supplies, but that as well of the US, the UAE, China, Russia, Venezuela, etc...
I don't really see that information being freely shared between nations, do you?
Keep in mind that in most countries the oil that is actually used by its populace is imported while the local yields are exported.