A report released today (10 February) by the UK industry taskforce on peak oil suggests the peak in global oil production will occur within five years.

Friends of the Earth Scotland comment

This is broadly in line with other studies such as that by the UK Energy Research Centre, who said there is a real risk of a peak before 2020.

Commenting on the report, Friends of the Earth Scotland Chief Executive Duncan McLaren said:

“Oil supplies running dry are just one more reason to invest in a clean, green energy future. Scotland has massive renewable energy potential which we must invest in, not just for our own future energy supplies but also to ensure we can share technology and energy with other countries.

“At the same time, we have to be smarter about how we use what energy we have available to us. Demand reduction, storage solutions for electricity and vastly improved energy efficiency of buildings and appliances is essential.”

ENDS

For media enquiries please contact:
Per Fischer, Press Office, Friends of the Earth Scotland
T: 0131 243 2719

Notes to editors

The Oil Crunch – a wake-up call for the UK economy, the 2010 Peak Oil Report from The UK Industry Taskforce on Peak Oil and Energy Security (ITPOES): peakoiltaskforce.net/download-the-report/2010-peak-oil-report

The Global Oil Depletion Report, The UK Energy Research Centre: www.ukerc.ac.uk/support/tiki-index.php?page=Global+Oil+Depletion

Friends of the Earth Scotland is the country’s leading independent environmental campaigning organisation, and is the only organisation in Scotland that is working for environmental justice, campaigning for the planet and its people. www.foe-scotland.org.uk