Projects and Campaigns1.Oil Vulnerability
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Oil VulnerabilitySince September 2005, world crude oil prices have soared to around the $US50 - $US75 per barrel range. This has lead to Australian motorists paying record prices at the bowser. Three primary factors are causing the rise in oil price; surging demand, geopolitical concerns and weakening supply. Peak Oil is an increasingly common term to describe the period at which oil production reaches its maximum, from which point it declines. Many experts predict we will approach Peak Oil between 2007 and 2016. This will bring a reduction in world oil production, causing a significant price rise. Australia's transport system, with its reliance on cars, is particularly vulnerable to high fuel prices. The Institute for Sensible Transport plays a key role in progressing the debate on Australia's fuel crisis. The Institute provides expertise on fuel price vulnerability. It does this by:
To download an Institute article published in The Age Newspaper (30.05.06) regarding why we should be planning for peak oil Click Here (1.8mb). To read more about our consultancy services, download our brochure here. To learn more on Peak Oil, visit: www.aspo-australia.org.au www.energybulletin.net www.theoildrum.com The Hirsch Report (PDF) Dr. Hirsch talking about the report (MP3) 'Shocking the Suburbs: Urban Location, Housing Debt and Oil Vulnerability in the Australian City. Senate Inquiry into Australia's Future Oil Supply and Alternative Transport Fuels Peak Oil and the Business Community In August 2006, the Association for the Study of Peak Oil and Gas (ASPO), with the assistance of the Institute, brought Chris Skrebowski, Editor of Petroleum Review to Australia. Chris addressed major business and community forums on the urgency of global oil supply shortages.
Phil Hart (Ex Shell, now with ASPO) , Chris Skrebowski (Editor, Petroleum Review) and Elliot Fishman (Director, Institute for Sensible Transport) (Left to Right) at the Committee for Economic Development of Australia (CEDA) presentation. Federation Square, Melbourne, 28th August 2006.
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