The End of Oil is Upon Us. We Must Move On – Quickly

From Wired Blog: http://blog.wired.com/cars/2007/11/the-age-of-oil-.html

"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.

It’s an unusually pessimistic view from an agency that has long said oil production, with trillions of dollars of investment, could meet rising energy needs. But the explosive growth of China and India has caused a seismic change in thinking at the IEA, which says we must move swiftly, boldly and decisively beyond fossil fuels if we are to avert a crisis." . . .

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