Europe facing Peak Oil

Benoît Thévard, an energy engineer member of the Momentum Institute, published a study entitled ” Europe facing Peak Oil”.

Peak Oil is the period of time when global oil production starts to decline due to the depletion of the exploitable resources. The increase in oil price for the last 10 years and even more has had an increasing impact on our economy, which is extremely dependent on oil, and consequently on the daily life of European citizens.

Read the study here.

Videos of the presentation of the study at the European Parliament here.

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