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The World Running on ‘E’: The Coming Oil Crisis
We do like our infographics here at IP and this one by carinsurance.org shows very clearly how urgent the upcoming oil crisis is – and why investment into alternative sources of fuel is crucial. While it’s unlikely the we’ll find ourselves using the last drop of the world’s oil anytime soon, we are nearly guaranteed to face a shortage of cheap and accessible oil in the coming century. Known oil reserves are only prepared to meet today’s global demand for another 40 years. And two indicators suggest that we have even less time than that. One, anyone charting the rising… continue reading