The End of Oil is Upon Us

If there are any lingering doubts as to whether the age of oil is nearing its end, the International Energy Agency has put them to rest and made it clear that only a massive and immediate investment in sustainable energy will prevent a global crisis.

The agency states in no uncertain terms in its annual World Energy Outlook that “alarming” growth in worldwide energy needs will within a generation threaten energy security, accelerate global climate change and possibly  bring worldwide shortages and conflicts.

Source: Wired.

Read the entire report from IEA and check out History Channel: “Megadisasters: Oil Apocalypse“.

Also check out the China special: “Growing Pains of a Superpower” from the New Scientist.