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Peak Fossil Fuels Is Closer Than You Think: BNEF

2013-04-24 11:49:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Every time an iPhone is charged or an episode of "Mad Men" plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands more. That era may be nearing an end, as the world approaches peak fossil fuels, a phrased used by Bloomberg New Energy Finance founder Michael Liebreich at the groups annual conference. The concept of peak oil -- that world oil production will plateau and decline -- was popularized by a Shell...

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