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ERA, 2009
The impact of fossil fuels: Greenhouse gas emissions, environmental consequences and socio-economic effects
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Energy Research Architecture
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This is a study examining the greenhouse gas emissions, environmental impacts and socioeconomic effects of the production of conventional and non-conventional fuels and formulates both practical recommendations for climate protection measures in the transport sector and for social and environmental standards for fossil fuels. The basis for the evaluation of greenhouse gas emissions, environmental impacts and socioeconomic effects is the evaluation of predictions regarding future petroleum production. The comparison depicts a broad range of prognoses, up to 2030. In this, the International Energy Agency (IEA) does not anticipate a reduction in overall petroleum production over the next two decades, despite the strong production decline in the currently existing fields. This is because according to its estimates an additional 1.2 to 1.3 trillion barrels are still available. However, it is assumed by other peak oil experts that the easily extracted petroleum reserves will soon be exploited and the utilisation of difficult to access petroleum reserves is limited due to technological problems. Because of this, current estimates anticipate a reduction in global production from over 80 million barrels of petroleum daily to between 40 and 76 million by 2030.
Added on 23 March 2010
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