60 percent of oil and gas execs believe trend of declining reserves is irreversible

Results of a KPMG survey, which polled 553 financial executives from oil and gas companies in April 2007. “These executives are deeply concerned about declining oil reserves, a
situation they see as irreversible and worsening,” said Bill Kimble of KPMG LLP.

Climate policy – May 25

US rejects all proposals on climate change
Japan calls for 50% reduction in emissions by 2050
Merkel plays down G8 climate deal hopes

Federal government slow to act on climate, so US states do
Canadian report says cities, towns can fight climate change better than feds