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Former BP Geologist: Peak Oil Is Here and It Will 'Break Economies'

2013-12-24 05:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A former British Petroleum (BP) geologist has warned that the age of cheap oil is long gone, bringing with it the danger of "continuous recession" and increased risk of conflict and hunger. At a lecture on 'Geohazards' earlier this month as part of the postgraduate Natural Hazards for Insurers course at University College London (UCL), Dr. Richard G. Miller, who worked for BP from 1985 before retiring in 2008, said that official data from the International Energy Agency (IEA), US Energy Information...

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