Peak Oil & Climate Change

Peakspic

What is Peak Oil?

Peak Oil is the point in time when worldwide oil production reaches a peak. After the peak, the amount of oil produced will decline. This follows an earlier peak in worldwide discovery, which happened in the 1960’s.

Dates for the production peak are increasingly converging on the period 2008 to 2015.

When peak oil is reached, demand will exceed supply and prices will increase considerably as oil becomes scarcer. This has far reaching implications for our way of life, as we take the availability of cheap energy to power our lives and drive industrial growth almost entirely for granted.

glacierpic

What is Climate Change?

Climate Change refers to a change of climate which is attributed directly or indirectly to human activity that alters the composition of the global atmosphere. It implies climate instability which will have profound and adverse effects on the way we live.

The 4th Intergovernmental Panel on Climate Change states:

‘Most of the observed increase in globally averaged temperatures since the mid-20th century is very likely (to a confidence level >90%) due to the  observed increase in human greenhouse gas concentrations. Warming of the climate system is unequivocal.’

The photos show Uppsala Glacier in Argentina in 1928 and 2004.

Transition Ely, a part of the Transition Network, is working towards raising awareness of these facts, and promoting the development of practical community responses which will begin to build local resilience and cut carbon emissions.

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