When was the last time you put petrol in the ute or filled up the prime mover with diesel? Pretty expensive isn’t it. We all know fuel prices are going up and up but what’s not so widely known, outside of industry, is that after a peak, global reserves of fossil fuel may soon be on the decline.
According to APPEA – the national petroleum industry body – Australia will face a serious decline in its capacity to meet our oil and gas needs from local production within 10 years – from 75% down to 50%. In light of this, there’s a call for a total rethink about our energy use, in particular in transport and food production.
David Holmgren: The co-originator of the permaculture concept
Barry Jones: Executive Director of the Australian Petroleum Production & Exploration Association – APPEA