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The following article was published in our article directory on November 12, 2010.
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2050 Global Oil Exhausted

Article Category: Business

Author Name: xia zihui

U.S. economists point out that the current speed of new technology research and extension of view, humans can not catch up in the world running out of oil before the switch to alternative fuels.

University of California, Davis experts concluded: renewable energy and new environmentally friendly fuel to 2140 in order to be widely used around the world, but the hydrocarbon fuel station may be exhausted in 2050. In the mathematical analysis of the energy market, they believe that the development of green energy consumption of oil reserves fast as the speed.

Economists Leishijinnuo in his article pointed out: "peak oil production starting this year. And will end in 2030, then, companies will strongly felt the lack of oil and gas resources. "

Scientists pointed out that with the worsening scarcity of oil and fuel prices, the demand for processing and attitude change will occur. Even so, there will still be the end of the century the phenomenon of global fuel depletion. and Ni Maier believes: "energy source does not automatically change."

Analysis Centre UK, said oil consumption, oil production decreased l0% -15% enough to make the advanced industrial economies completely paralyzed. 70s of last century, oil production fell by only 5% to contribute to global price increases by 5 times.

Production of most agricultural machinery and equipment all need oil, and these devices have to use diesel fuel. Industrial production requires large amounts of organic materials. In the United States, manufacturing a car average of not less than 20 barrels of oil consumed. Chemical dependent on oil, almost all chemical pesticides and many fertilizers are derived from petroleum had. Many plastics, aluminum products, cosmetics and pharmaceutical production and ultimately, the same oil. The most ridiculous is that most manufacturers of renewable green energy for electrical equipment requires a lot of oil.

University of California at Davis, said a new study, research and development in accordance with the current rate of global oil resources run out 90 years later, alternative technologies to mature. The report is based on the stock market is expected to be completed.

Report this prophecy posted 8 May ll, "Environmental Science and Technology" journal website. The forecast results are obtained according to this theory, that people who have experience in long-term investments can be well able to predict whether the new energy technologies and when to achieve universal popularity.

The report's author, University of California at Davis research professor of civil and environmental engineering Our results show that alternative fuels can be regenerated after a long time to themselves, at least the market's view is that .

Ni Maier said the results of this study reminds us that the current development of the renewable energy target is too conservative and unable to prevent the social, economic development and harm natural ecosystems.

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