Controversial US thinker Jeremy Rifkin told the EU on Monday (12 September) that the world will witness the end of the oil era in the present generation's lifetime, as MEPs launched a new initiative to promote hydrogen fuel.
The chief of the Washington-based NGO Foundation on Economic Trends indicated that the world will have used up over half its oil reserves by 2027 at the latest or between 2010 and 2020 at the earliest.
"Let's hope and pray that we don't peak in the next two...
Back our independent journalism by becoming a supporting member
Already a member? Login hereAndrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.
Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.