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How American and British towns and cities are preparing for peak oil

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Introduction

How American and British towns and cities are preparing for peak oil Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This is expected to happen at the midpoint of depletion, that is, when only half the oil that will ever be produced has been consumed, and the other half is still underground. When oil production starts to decline, the economic impacts will be dramatic. Economic growth is largely dependent upon a growing oil supply. The International Energy Agency has forecast oil demand to expand at a rate of 1.3% annually over the period 2004-2030. This is likely to lead to large spikes in the oil price along with the price of gas and electricity which are closely linked on financial markets. ...read more.

Middle

But although Woking has cut its gas consumptions, its dependency upon gas is now even higher than before because a far greater proportion of its total energy comes from this single source. Woking is now proud that it now generates 82% of its own electricity, and distributes it through a private wire network. The preparations the US cities have made are as follows: In the Arlington County, Virginia, the board has published an environmental initiative called fresh AIRE (Arlington Initiative To Reduce Emissions) This document outlines the aims put in place in the right direction towards preparing for peak oil: - Increase purchase of wind-generated electricity from 3% of the total electricity purchased by the county to 5% - Install solar energy technology (eg: solar water heating) ...read more.

Conclusion

If 10 people trade in cars that get 24 miles per gallon for more efficient cars that get 40 miles per gallon, this action alone would reduce CO2 emissions by 40000 lbs per year which is equivalent of taking four of those cars off the road. - Get an energy audit, and implement the recommendations. This year, the county will support 20 demonstration home energy audits. I recently purchased an energy audit for my home and have learned many things I can quickly do to save on energy costs. - Replace one frequently-used light bulb with a compact fluorescent bulb. If every household took this simple step, Arlingtonians would achieve the emissions equivalent of removing 1,000 cars from our roadways and save a million dollars a year. It was suggested by experts that the County should distribute at least 2,000 compact fluorescent light bulbs at public events, to reduce CO2 by 100 tons. ...read more.

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