AUSTRALIA’S rural economic forecaster has challenged predictions the world is about to run out of oil, saying it has enough to last at least another 30 years.
ABARE executive director Phillip Glyde told a Senate estimates committee that the peak-oil school of thought, which holds that reserves are near depletion, was wrong.
The Australian: There’s enough oil ‘for at least 30 years’
Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.