Wednesday, February 4, 2009

The Oil Depletion Analysis Centre (ODAC)

Description: 

An independent, UK-registered educational charity working to raise international public awareness and promote better understanding of the world's oil-depletion problem.

ODAC was founded in June 2001 on the belief that an informed public debate about the likely impacts of depleting oil supplies is critically needed. A growing number of experts now predict that world oil production will reach its ultimate peak within a few years and then start permanently to decline, while the prevailing view of most energy policy-makers and institutions is that near-term oil supply is mainly an economic and geopolitical concern. Under almost any scenario, however, lead time is running short for a smooth transition to new energy systems and a less oil-dependent way of life.

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