Worried about the future? Then don't peek!

onOct 23, 2007 @ 08:31 PDT

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.

The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 – much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 a barrel.

By Ross Gelbspan

us/'Colossal Waste': U.S. Leads Way in Public Spending on False Climate Solutions

ByJulia Conley

onAug 30, 2024 @ 03:52 PDT

A new report shows global spending on carbon capture and hydrogen subsidies "failed to make a dent in carbon emissions" after 50 years of research and development.

uk/Tom Tugendhat Continues to Question UK Climate Goals

ByAdam Barnett

onAug 29, 2024 @ 08:10 PDT

The Tory leadership candidate has criticised the UK’s net zero targets while accepting donations from fossil fuel investors and climate denial funders.