Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Friday, February 15, 2008
Shell on Oil Supply
Below is an excerpt from an ASPO (an organization that studies oil supplies) newsletter - interesting to note more and more mainstream oil and gas executives are warning about supply problems in the near future.
"Shell’s CEO, Jeroen van der Veer, made headlines last week when in an email to company staff he stated that "Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand."
In face of the declining availability of oil, Shell envisions one of two scenarios. The first is a "Scramble" in which the world’s oil importers engage in a mad dash to secure oil supplies and an increasing use of coal and biofuels. The alternative scenario, "Blue-prints", envisages a world of political cooperation between governments on efficiency standards and taxes, a convergence of policies on emissions trading, and local initiatives to improve environmental performance of buildings.
Van der Veer joins an increasing list of organizations, newspapers, government officials who are willing to publicly acknowledge the reality of imminent peak oil…without using that wording. With a few notable exceptions, such as ExxonMobil and BP, most major oil companies and the International Energy Agency have at least hinted that serious problems are just ahead."
"Shell’s CEO, Jeroen van der Veer, made headlines last week when in an email to company staff he stated that "Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand."
In face of the declining availability of oil, Shell envisions one of two scenarios. The first is a "Scramble" in which the world’s oil importers engage in a mad dash to secure oil supplies and an increasing use of coal and biofuels. The alternative scenario, "Blue-prints", envisages a world of political cooperation between governments on efficiency standards and taxes, a convergence of policies on emissions trading, and local initiatives to improve environmental performance of buildings.
Van der Veer joins an increasing list of organizations, newspapers, government officials who are willing to publicly acknowledge the reality of imminent peak oil…without using that wording. With a few notable exceptions, such as ExxonMobil and BP, most major oil companies and the International Energy Agency have at least hinted that serious problems are just ahead."
Labels: oil supply
posted by Jamie Lang at 2:49 PM
0Comments:
Post a Comment
<< Home