NVDL: If we wanted to continue 'business as usual' we'd need 6 Saudi Arabia's. As it happens, we have just one - in decline.
NYT: In order to offset both natural field declines and meet the projected growth in demand by 2030, the world would need to increase production by 64 million barrels a day, or the equivalent of six times the current production of Saudi Arabia.
According to the report, in order to offset both natural field declines and meet the projected growth in demand by 2030, the world would need to increase production by 64 million barrels a day, or the equivalent of six times the current production of Saudi Arabia. The global agency also stressed that urgent action was required to curb carbon emissions, which are expected to double by the end of the century. That would push global temperatures up by as much as 11 degrees Fahrenheit, leading to catastrophic global warming, the agency said. “Current global trends in energy supply and consumption are patently unsustainable — environmentally, economically, and socially,” the energy agency said. “But that can — and must — be altered.”
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