The world will run out of oil around 100 years before replacement energy sources are available if oil use and development of new fuels continue at the current pace, a US study warns.
In the study, researchers at the University of California, Davis (UC-Davis) used the current share prices of oil companies and alternative energy companies to predict when replacement fuels will be ready to fill the gap left when oil runs dry.
And the findings weren't very good for the oil-hungry world.
Read more
No comments:
Post a Comment