Chevron's Peak Oil Forum
Posted by Big Gav
This is so far out-of-left-field that I'm not really sure what to make of it. But its certainly an interesting development (via FTD).
Fossil fuels currently supply most of the world’s energy, and are expected to continue to do so for the foreseeable future. While supplies are currently abundant, they won’t last forever. Oil production is in decline in 33 of the 48 largest oil producing countries, yet energy demand is increasing around the globe as economies grow and nations develop. Abundant energy drives economic development, which in turn creates demand for still more energy. But it also puts pressure on supply and impacts the environment. Where does our fuel come from, how is our energy supply and the sources of energy changing, and what can we expect in the future?
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Many of the world’s oil and gas fields are maturing. And new energy discoveries are mainly occurring in places where resources are difficult to extract—physically, technically, economically, and politically. When growing demand meets tighter supplies, the result is more competition for the same resources.
We can wait until a crisis forces us to do something. Or we can commit to working together, and start by asking the tough questions: How do we meet the energy needs of the developing world and those of industrialized nations ? What role will renewables and alternative energies play ? What is the best way to protect our environment ? How do we accelerate our conservation efforts ? Whatever actions we take, we must look not just to next year, but to the next 50 years.
We need your help.
At Chevron, we believe that innovation, collaboration and conservation are the cornerstones on which to build this new world. But we can’t do it alone. Corporations, governments and every citizen of this planet must be part of the solution as surely as they are part of the problem.
And so, we ask you to join us.
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