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6th International Conference held in Cork, Ireland.
Pictured are: Tony McClafferty, Senior Advisor, NTR, Brian Donaldson, General Manager, Retail & Marketing, Maxol, Michael O'Brien, Senior Engineer, Environment, Cork City Council and Dr. Colin Campbell, Founder of ASPO.
2007
The Association for the Study of Peak Oil and Gas (ASPO) is a global not-for-profit organization which aims to raise awareness about the peaking of the world's production of oil and gas. ASPO held its 6th International Conference in Cork City Hall on 17th - 18th September 2007. The Conference, entitled 'Time to React?' highlighted the steps necessary to prepare for the future scarcity of oil and gas.
Dr. Colin Campbell, founder of ASPO, said, "The peak of oil and gas discoveries came during the 1960s and this must be followed by a peak in production. While some believe that we are already at the peak at 85 million barrels per day (mbpd), industry experts consistently express doubts of ever getting above 100 mbpd which is forecast to happen within the next decade. If steps are not taken to manage demand it will soon outstrip supply and a return to the scenes during the oil crises of the 1970s can be expected. Ireland will certainly be one of the countries most affected by oil and gas supply failing to meet demand, with 70% of our electricity forecast to be generated from natural gas under a business as usual scenario. We must reduce our demand and develop our rich natural and sustainable energy resources."
Ireland has a number of viable alternatives to fossil fuels that are now being explored. NTR, in line with its core businesses in renewable energy and sustainable waste management, was the main sponsor of the 2007 ASPO Conference.
Jim Barry, Chief Executive, NTR plc, said, "The approaching peaking of oil and gas is a real threat to our society. Over the last 150 years, oil and gas has provided the catalyst for huge growth in industry, transport, trade and agriculture. By acknowledging the prospect of peak oil and gas, through organisations such as ASPO, we can help underpin the imperative to find alternatives and reduce our dependence on fossil fuels - something NTR plc is committed to. We hope this event will create more positive awareness around the need to move from fossil fuels to renewable energy for the benefit of all members of society."
Further details about the conference are available at www.aspo-global.org.