Jager pointed to the EC's Transport 2050 white paper, which reads, in part: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 parts of the world.
Last week, International Energy Agency chief economist, Fatih Birol, claimed that the world's crude oil production peaked back in 2006:The widely held belief that you need to cut mobility to fight climate change is simply not true... Curbing mobility is not an option; neither is business as usual. We can break the transport system's dependence on oil without sacrificing its efficiency and compromising mobility. It can be win–win.
We just looked at a map, and couldn't find any more Saudi Arabias.The existing [oil] fields are declining so sharply that in order to stay where we are in terms of production levels in the next 25 years, we have to find and develop four new Saudi Arabias.
[Source: EurActiv | Image: benklocek – C.C. License 2.0]