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Global oil production peaked in 2006 according to the International Energy Agency's new report

We are now inhabiting a 'post-peak' world. That is the implication of the International Energy Agency's (IEA) new report, World Energy Outlook 2001, which in its 25-year 'New Policies Scenario' projects that it is most probable that conventional crude oil production "never regains its all-time peak of 70 million barrels per day reached in 2006."

oil greennumbers iea International Energy Agency peak oil

"Take all the power stations in the United States. Together, they produce almost 1000 gigawatts of electricity - enough to boil several billion kettles simultaneously.

Now imagine building another five power stations for every one that already exists in the United States. That is about the amount of electricity generation that the world is on track to add over the next 20 years. And three-quarters of the new stations will use fossil fuels."

energy efficiency international energy agency iea greenmonktv