We live in interesting times!
In the next fifteen years, because of the decline in world oil production, as well as the need to meet Scottish Government Climate Change targets, we will need to at least halve our fossil fuel consumption.
That means each of us reducing our consumption by about 5% per year, every year.
As oil production declines, we can expect the oil price to increase and to become increasingly volatile and for supplies to be subject to disruption. Major changes (at the very least) to the workings of the global economy will be inevitable.
We can also expect an increasing number of extreme weather events due to the raised level of energy in the atmosphere as average global temperatures increase.
Photo: Billy Main
